Monthly Archives: February 2019

Coinbin, the South Korean cryptocurrency exchange that took over hacked exchange Youbit, has filed for bankruptcy owing users almost $30 million, correspondence from the company confirmed on Feb. 20.Coinbin, which acquired Youbit in 2017, is closing operations as the result of embezzlement from a senior executive, local media including English-language resource Business Korea subsequently reported.“We…

French President Emmanuel Macron has advocated the use of blockchain to innovate supply chain management in the European agriculture industry. The president made his remarks during the 56th International Agriculture Fair in Paris on Saturday, Togolese agriculture news site Agridigitale reported on Feb. 23.Macron called for unity among European nations to counter competition from global…

Ethereum’s (ETH) next two network upgrades, referred to as Constantinople and St. Petersburg, are scheduled to take place this week, according to an official Ethereum blog post on Feb. 22.More precisely, the updates are scheduled to happen at Ethereum’s block 7,280,000, which is expected to be mined on Feb. 28. Still, given the unpredictable nature…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.After a prolonged downward trend, most of the major cryptocurrencies…

Top Stories This WeekTesla CEO Elon Musk Compliments Bitcoin’s Structure, Sees Future With No Paper MoneyElon Musk, tech entrepreneur and CEO of Tesla, said this week in an interview that Bitcoin’s (BTC) structure is “quite brilliant.” Speaking to advisory services firm ARK, Musk noted that digital currency is “a far better way to transfer value…

The development software of corporate-oriented cryptocurrency Ontology (ONT) has been added to the Google Cloud Platform Marketplace, a Medium post from Ontology revealed on Feb. 23.The newly supported software, called ont_dev_Platform, is a set of tools for developing smart contracts on Ontology’s blockchain. The DApp product includes a block explorer, a smart contract Integrated Development…

Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour.Bitcoin (BTC) broke the $4,150 mark again today before falling back under…