Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis.
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Reversible blockchain transactions would improve cryptocurrency
A proposal out of Stanford University to make crypto transactions reversible is adding a wrinkle to discussions of crime and fraud prevention. Researchers suggested that mutability — the ability to reverse blockchain transactions — would help prevent crime.One of the advantages of cryptocurrency is that it is possible for the market — individuals, traders and…
Willy Woo: ‘Peak fear’ but on-chain metrics say it’s not a bear market
“No doubt about it, people are really scared, which is typically [...] an opportunity to buy,” Willy Woo said. 519 Total views 24 Total shares Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels. Speaking on…
Ethereum Constantinople Hard Fork to Come in Mid-January, Based on Dev’s New Agreement
Ethereum (ETH) core developers have agreed to launch the long-awaited Constantinople hard fork at block 7,080,000, as decided in a bi-weekly developers meeting on Friday, Dec. 7.The new agreement follows the previous decision to delay Constantinople fork for late January 2019 due to a “consensus issue” that occurred during the upgrade trial on Ropsten testnet…
Ex-IBM Chair: No Solution Yet Found to Bring Public Blockchains Under EU Privacy Laws
Sam Palmisano — retired IBM chairman and current chairman of United States nonprofit The Center for Global Enterprise — says he doesn’t know of a solution that has been found to make public blockchain networks compatible with European data privacy laws.Palmisano made his remarks during a joint interview for Bloomberg Markets with David Kappos, partner…
Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin
The Smithsonian Institute has obtained the laptop owned by former IRS agent Chris Janczewski which was used to track down the 2016 Bitfinex hacker who stole 120,000 Bitcoin.
Bitcoin Exchange BitMEX Faces $300M Investor Lawsuit Over Lost Equity
A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity.According to filing with the Superior Court of the State of California in San Francisco dated Dec. 4, Frank Amato and RGB Coin are now pursuing action against BitMEX, its CEO…
Russia to begin CBDC trials with 13 banks
According to Olga Skorobogatova, first deputy governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project. 527 Total views 5 Total shares The Bank of Russia (BoR) has revealed that it will begin testing operations for Russia’s central bank digital currency (CBDC) project with digital…
Binance says it’s ‘different’ from other exchanges amid SEC lawsuit
“We are different than ___,” the crypto exchange said in a statement. 327 Total views 1 Total shares On June 7, cryptocurrency exchange Binance published a statement on its Chinese social channels with the hashtag #StrongTogether. Amid ongoing litigation with the United States Securities and Exchange Commission, Binance said its wallet addresses are transparent and…