18 January, 2019 16:45
Coinme: Bitcoin can be bought at Coinstar kiosks
US Bitcoin ATM (BTM) producer Coinme partnered up with Coinstar targeting sales of the crypto via coin counting kiosks. This service will initially be available only at some selling spots in California, Texas, and Washington. However, the company expressed intentions to expand its geography in the long run. Coinstar reportedly runs now more than 20,000 fully automated self-service coin-counting kiosk in 9 countries.
18 January, 2019 16:14
Blockspring crypto company becomes part of Coinbase
One of the largest exchanges Coinbase reportedly purchased San Francisco-based Blockspring company that was backed by Andreessen Horowitz. Blockspring offers solutions that may help developers to automate the process of gathering and processing the information from application programming interfaces (APIs) and store the results in Excel and Google Sheets. The companies did not comment on the cost of the deal so far.
18 January, 2019 15:37
ConsenSys makes new investments
The venture division of ConsenSys announces new investments in the Coinhouse and Tenta crypto projects. It is going to invest $1 million in the Coinhouse trading platform, while another investment will be allocated for the Tenta project. However, the company did not unveil the amount of the second investment.
18 January, 2019 13:41
Some Ethereum miners reportedly connected to Constantinople chain
The Constantinople update was put off, though some of the Ethereum miners are still connected to the network, thereby splitting the chain. It seems that not all miners received notifications about the delay. As a result, the hash rate in the network without the Constantinople update reportedly declined by some 10-20 TH/s. This can mean that more than 10% of miners switched to a new chain even though the main network upgrade was postponed.
18 January, 2019 12:39
South Africa can start regulating crypto service providers
South African Reserve Bank (SARB) made a motion to make exchanges and custodian services operating in the crypto industry pass the registration with the country's regulatory authorities. The bank published a consultation paper citing the need for the measures aimed at protecting consumers and investors in the crypto market especially given lack of regulation for sellers in this industry. At the same time, SARB does not call for strict measures like a ban on crypto trading and names the proposed plan as “limited regulation”.
18 January, 2019 11:18
Grayscale Investments expands business with new trust for XLM
Global investment company – Grayscale Investments – has officially reported business expansion move with the launch of a new investment fund in the crypto market. The company's new project will be called Grayscale Stellar Lumens Trust and will represent a trust that will deal only with Lumens (XLM). For reference, the company now has eight "single-asset investment products" without the new one. Along with the new product, the company unveiled new names of the previously launched instruments
17 January, 2019 17:14
Bitpay processed crypto transactions totaling over $1 billion in 2018
Global blockchain payments provider Bitpay reported a record revenue over 2018, with more than $1 billion transactions in total. The observed business performance is said to be attributed to the substantial inflow of new customers, including Dish Networks, HackerOne, and Ohio (USA). Strong figures were also posted by Bitpay’s B2B division.
17 January, 2019 16:45
Stock Exchange of Thailand targets cryptocurrency license and new exchange
The Stock Exchange of Thailand (SET) reportedly intends to apply to the Finance Ministry for a digital asset operating licence targeting a launch of a new digital trading platform, In case of the positive determination on SET's application, the platform will join a pretty small number of the stock exchanges in the world that managed to commission separate trading units for digital assets. ICO and crypto activities (including exchanges operations) are subject to the royal decree on digital assets that was adopted in May,
17 January, 2019 15:41
Stolen Cryptopia funds detected on Binance
Events involving the New Zealand-based Cryptopia crypto trading platform has kept developing further on Thursday. Some of the funds that were stolen after the platform's hack earlier this week have been detected on the Binance exchange. There is no information about the total amount of the stolen funds that were transferred to Binance. Nevertheless, the community keeps monitoring suspicious large transactions coming from Cryptopia-connected wallets to Binance.
17 January, 2019 14:11
Short-term Ethereum derivatives outlook not look good, LedgerX CEO shares view
Several companies are planning to issue Ethereum-pegged futures. The regulators, however, are said to be reluctant to approve the initiative. LedgerX CEO Paul Chow noted that they are ready to offer an Ethereum instrument, but it is all about the regulator's greenlight. He added that the chance for the positive determination is near fifty-fifty, according to the media. In fact, LedgerX is generally in the same situation as ICE's Bakkt. The company is waiting until the Commodity Futures Trading Commission (CFTC) approves its Ethereuem derivative product.
17 January, 2019 13:13
BitGo and Genesis Global Trading to offer new institutional crypto trading solution
Cryptocurrency custodian BitGo and Genesis Global Trading OTC platform have entered into a partnership, enabling institutional investors to enjoy the high-speed cryptocurrency trading. BitGo customers will be able to use Genesis Global Trading to carry out transactions at the speed similar to that in traditional financial markets. The approach solves the issue of time-lag cold storage and addresses the counterparty and settlement risks associated with some OTC crypto trading.
17 January, 2019 12:12
Failed Giga Watt announces shutdown of daily activities
Giga Watt, large crypto mining firm from the USA, has no other choice but to close daily operations. The company declared bankrupt in November 2018 with the debts reaching $7 million. Moreover, the Giga Watt also has to pay power bills for more than $800,000. A source in the know said that the company notified the users that they would be able to withdraw cryptocurrencies that are still kept in the wallets till March.