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Binance Launches Decentralized Crypto Exchange Testnet

Binance Launches Decentralized Crypto Exchange Testnet

Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20.Per Binance, the exchange, powered by Binance Chain — a new blockchain and peer-to-peer (p2p) distributed system — is already available for customers. Users can create wallets and start exchanging…
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Elon Musk Calls Bitcoin ‘Brilliant,’ Better Than Paper Money For Value Transfer

Elon Musk Calls Bitcoin ‘Brilliant,’ Better Than Paper Money for Value Transfer

news Elon Musk, founder and CEO of Tesla and SpaceX, has officially gone public with his belief cryptocurrency offers an improved alternative to conventional money. In a podcast interview with investment firm ARK Invest on Feb. 19, Musk talked about his views on the future of his companies and responded specifically to questions about his…
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Elon Musk: Bitcoin Has ‘Quite Brilliant’ Structure, Paper Money Is Going Away

Elon Musk: Bitcoin Has ‘Quite Brilliant’ Structure, Paper Money is Going Away

Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made his remarks during an interview on advisory services firm ARK Invest’s podcast on Feb. 19.In response to a question about whether Bitcoin…
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Canadian Judge Appoints Legal Representatives For QuadrigaCX Customers

Canadian Judge Appoints Legal Representatives for QuadrigaCX Customers

The Supreme Court of Nova Scotia has ordered Canadian law firms Miller Thomson and Cox & Palmer to represent customers of cryptocurrency exchange QuadrigaCX in upcoming proceedings. The ruling was announced in a court filing published on Feb. 19.On Tuesday, Justice Michael Wood rendered a decision that Miller Thomson and Cox & Palmer will act…
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New Survey Indicates Businesses Unprepared To Deploy Blockchain Technology

New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology

A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations,…
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Judge Chooses Representative Counsel For QuadrigaCX Creditors

Judge Chooses Representative Counsel for QuadrigaCX Creditors

Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. After postponing his decision, in a hearing on February 14, 2019, to choose one of four legal teams vying to represent…
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Coinbase Snaps Up Blockchain Intelligence Startup Neutrino

Coinbase Snaps Up Blockchain Intelligence Startup Neutrino

U.S.-based digital asset platform Coinbase has acquired blockchain intelligence startup Neutrino. The company made the news known earlier today, February 19, 2019, but the cost of the acquisition was not disclosed. The announcement reads: "Neutrino’s technology is the best we’ve encountered in this space, and it will play an important role in legitimizing crypto, making…
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Survey: Half Of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges

Survey: Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges

Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published on Feb. 19.Per the report, 43 percent of the surveyed millenial online traders demonstrate less trust in the…
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Countdown Restarts Tomorrow For SEC Decision On CBOE-VanEck Bitcoin ETF

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

news The U.S. Securities and Exchange Commission (SEC) may make an initial decision on not one, but two different bitcoin exchange-traded fund (ETFs) proposals by April 5. A bitcoin ETF proposal submitted (for a second time) by VanEck, SolidX and the Cboe BZX Exchange is expected to be formally published in the Federal Register Wednesday, kicking…
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