February 2019 | Page 38 of 104 | Last Cryptocurrency News Feed

CEO of Japanese Finance Giant SBI Vests His Crypto Industry Hopes in Ripple and R3

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his remarks during an interview with Japanese crypto news outlet Coin Post on Feb. 18.SBI…

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Ethereum’s Vitalik Buterin Discloses Non-ETH Crypto Holdings and Other Revenue Sources

Ethereum (ETH) co-founder Vitalik Buterin has disclosed that his crypto investments are virtually exclusively devoted to the Ethereum network, in a post published to an “Ask Me Anything” (AMA) Reddit thread on Feb. 18.The AMA post is dedicated the Ethereum leadership and accountability, asking those in leadership positions in the ETH community to share their…

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MIT Technology Review: Although Touted for Security, Blockchain Is Still Hackable

MIT Technology Review magazine has published an article today, Feb. 19, arguing that security-touted blockchain tech is still vulnerable to hacks. The magazine is fully owned by the United States Massachusetts Institute of Technology (MIT).In the recent article, the MIT Technology Review stressed that blockchain technology represents a complex economic system that depends on unpredictable…

CoinDesk Feed

BitGo Offering $100 Million in Crypto Insurance Through Lloyd’s of London

news Crypto security company BitGo is making good on plans to facilitate insurance for digital assets by providing $100 million of cover against theft or the loss of cryptographic keys via the Lloyd’s of London insurance market. The announcement comes in the wake of the QuadrigaCX debacle, where the exchange announced it could not access…

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2 Crypto Startups Unveil Security Token Issuance and Trading Service

news Two crypto startups want to streamline the process of issuing and trading security tokens by providing an all-in-one solution. Securitize, a Coinbase-backed security token startup, is partnering with OTCXN, a blockchain infrastructure company to develop and offer a digital security offering service. Under the arrangement announced Tuesday, the two companies will help other firms…

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Bitcoin Price Crosses Key Long-Term Hurdle For First Time in 4 Months

markets Correction (14:45 UTC, Feb. 19, 2019): This article previously incorrectly stated that the 100-day MA was last crossed last May. The article has been correct with the correct date, Oct. 15. View: Bitcoin has passed through the 100-day moving average for the first time in 127 days. The primary lower-high trend is yet to…

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Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19.In the document, the bank describes the possible ways to implement a CBDC and the hypothetical consequences of different approaches. The report divides possible CBDCs in two categories, the first being…

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Developer’s Mistake? Someone Just Paid $450K (3,150 ETH) For Ethereum Transaction Fees

What could turn out to be the most expensive transaction fee spent for a cryptocurrency payment was spotted on the Ethereum network earlier today. Four transactions which saw a transfer of roughly $19 or less than 0.15 ETH from a specific Ether wallet address were charged a whopping $454,500 in transaction fees on the Ethereum…

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Crypto Trader Cumberland Upgrades from Skype to Wall Street Interface

news Cryptocurrency market maker Cumberland is modernizing the way it handles over-the-counter (OTC) trades with clients. Announced Tuesday, the unit of financial trading giant DRW has unveiled a so-called single-dealer platform called Marea, allowing institutional investors to interact with Cumberland through a screen-based interface, rather than negotiating trades by phone or Skype. As such, the new portal…

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Crypto Startup TrueDigital Hires CEO from World’s Largest Hedge Fund

news A blockchain upstart is getting a new CEO from the world’s largest hedge fund. New York’s trueDigital, which was founded last March, has hired Thomas Kim away from Bridgewater Associates to be its chief executive. Notably, trueDigital is the firm that built a blockchain payments system for Signature Bank. While JPMorgan stole headlines last week for…