Monthly Archives: May 2019

news Robinhood, the popular stock and crypto investing app, has officially launched bitcoin, ethereum, and other cryptocurrency trading in New York. Silicon Valley-based Robinhood received a BitLicense from the New York Department of Financial Services (NYDFS) in January 2019 and on Thursday opened access to crypto trading in the Empire State. From the press release: Currently, you…

news Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report. Elvira Nabiullina, governor of the Bank of Russia, said Thursday that her institution is to review a proposal for the development of the cryptocurrency. Nabiullina said at the nation’s lower house, or Duma: “As for…

news Japan’s Financial Services Agency (FSA) is said to be scrutinizing cryptocurrency exchanges in the country to ensure anti-money laundering (AML) processes are in place. A report from the Nikkei Asian Review on Wednesday, citing an unnamed FSA official, said that inspections are being carried out ahead of the G20 summit next month. The G20 –…

news A blockchain startup is bringing the fight for free speech to the domain level. Unstoppable Domains announced Thursday a $4 million Series A led by venture capital firm Draper Associates. Boost VC, which led the startup’s seed round, was the only other participant in the Series A. “For global free speech to work, you…

news HODLers looking for returns on their crypto now have more flexibility in the Compound app. The decentralized finance (DeFi) pioneer’s latest version launched Thursday with a number of new features, including tokenization of user deposits. “Version 2 allows the protocol to support every traded ethereum asset, as well as enable developers to more easily…

news Rep. Eric Swalwell is accepting donations in cryptocurrencies to support his bid for the U.S. presidency in 2020. Announced Thursday by blockchain firm The White Company, which is providing the tech for the crypto donations, Swalwell will accept six supported cryptocurrencies – bitcoin, ether, bitcoin cash, stellar, bitcoin SV and The White Company’s native…

markets View Bitcoin suffered a contracting triangle breakdown on Wednesday, as expected. The range breakdown is backed by bearish developments on the daily and 4-hour chart indicators. BTC, therefore, risks falling to $7,206 (May 18 low) in the next day or two. A UTC close below $7,206 would confirm a double-top breakdown and open doors…

news Swiss luxury watchmaker Franck Muller has launched limited-edition timepiece dubbed “Encrypto” that it’s calling “the world’s first functional bitcoin watch.” Aesthetically, the dial of the watch – launched in partnership with cryptocurrency trading platform Regal Assets – sports bitcoin’s logo and a QR code of bitcoin’s genesis block address. The face also includes a laser-etched…

news Supermarket kiosk network Coinstar has further expanded its bitcoin-buying service, adding around 100 new outlets and growing U.S. coverage to 21 states and the District of Columbia. The service, offered through a partnership with blockchain startup Coinme, now allows individuals to buy bitcoin with cash at over 2,200 locations, Coinme announced Wednesday. As of…

feature Moiz Kohari, State Street’s global chief technology architect, has traded his position at the custodian bank for a move into the startup world, he told CoinDesk. Kohari helped kickstart the bank’s wide-ranging technology transformation program structured on a bedrock of distributed ledger technology (DLT) from the point he joined State Street in September 2016.…