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Pierce Brock expresses plans to bring Mt Gox back to life
08 February, 2019 13:29

Pierce Brock expresses plans to bring Mt Gox back to life

Former Bitcoin Foundation CEO and Blockchain Capital founder Pierce Brock has made public the recovery plan for the dead exchange Mt Gox. Pierce Brock targets restoration of the operations at the platform that used to be among the major crypto platforms as well as recovery of the company brand striving to create competition to press the current leaders Coinbase and Binance in the market. Brock Pierce intends to create a Gox Coin token which will prove the original lenders' ownership rights to a stake in the new company.

Facebook rumoured to consider acquisition of inactive blockchain project Basis
08 February, 2019 12:18

Facebook rumoured to consider acquisition of inactive blockchain project Basis

The leading social network Facebook is said to hold talks with more than 10 blockchain companies regarding a merger. Facebook management is considering the acquisition of different blockchain startups targeting this segment. The company is actively hiring market experts, researchers, engineers and other employees to expand its blockchain-oriented division. It is said to think over an acquisition of the inactive stablecoin project called Basis as well as the company focusing on end-to-end encryption Keybase and payment platform Algorand.

Binance open for cooperation with Ripple, CEO says
07 February, 2019 17:43

Binance open for cooperation with Ripple, CEO says

Binance CEO Changpeng Zhao held a live stream today, answering questions about the future of the company, Binance Coin, Binance Chain, a new decentralized exchange, etc. During the event, Zhao commented on possible cooperation between Binance and Ripple’s crypto company as well as apply xRapid payment solution to its services. He said that the company is currently introducing additional functionality and thereby has to cooperate with various partners. Binance team is currently focused on implementing BinanceDEX decentralized exchange and Binance Chain blockchain.

New Zealand Police report progress in Cryptopia case, investigation ongoing
07 February, 2019 16:22

New Zealand Police report progress in Cryptopia case, investigation ongoing

The New Zealand Police has made the first statement after the launch of the case saying the authorities keep on investigating the Cryptopia case with good progress being achieved by now. The police continue to track the stolen crypto assets since the cryptocurrency blockchains can be accessed without any difficulties. The investigation is ongoing with the assistance of the international crypto specialists assist.

European Commission downgrades GDP outlook for 2019
07 February, 2019 15:57

European Commission downgrades GDP outlook for 2019

The European Commission has downgraded the GDP growth outlook for the euro-area in 2019 from 1.9% expected in November to 1.3% due to slower economic strengthening in China and vague perspectives of the Brexit. The EC lowered the 2020 outlook to 1.6% (1.7% earlier). CPI is now expected to gain 1.4% this year (1.8% earlier). Besides, the inflation target set by the European Central Bank is yet to be achieved. Some positive factors were also mentioned by the EC. In particular, the labour market rebounds along with monetary stimulation of the ECB and low inflation.

Swiss-based SIX exchange about to launch blockchain platform in late 2019
07 February, 2019 14:15

Swiss-based SIX exchange about to launch blockchain platform in late 2019

The major Swiss stock exchange SIX reportedly plans to launch a blockchain platform in the second half of the year striving to improve trading speed. The new platform will reportedly be called SIX Digital Exchange (SDX). It will initially work alongside the currently operating SIX platforms. The platform can allegedly be commissioned in mid-H2, but for now, they will focus on ensuring that its operations comply with the Swiss Financial Market Supervision Authority (FINMA) requirements.

Abra users get chance for bitcoin investments in stocks and ETFs
07 February, 2019 13:50

Abra users get chance for bitcoin investments in stocks and ETFs

American crypto company Abra has announced the implementation of a new feature to its blockchain mobile application that will enable users to make bitcoin investments in traditional financial instruments. The new feature is available in 155 countries. Besides, investments in stocks and ETFs will not be subject to any fees throughout 2019 for those who sign up for early access. Initially, the application will support 50 assets and some ETFs.

Ethereum buying now available for Opera Android-based wallet
07 February, 2019 12:12

Ethereum buying now available for Opera Android-based wallet

One of leading web browser Opera has announced an expansion of the services available in its Opera application for Android. Some European countries will get access to purchases of Ethereum via the in-built wallet in the application. The new opportunity is reportedly available only in Denmark, Sweden and Norway. The service will feature high crypto buying fees reaching 7%, though as it was noted the fee will initially be set at 2.5% for Sweden and 5% for Denmark and Norway.

LedgerX announces new Halving Contract to bitcoin
06 February, 2019 17:37

LedgerX announces new Halving Contract to bitcoin

US-based regulated futures platform LedgerX introduces a new type of contracts that are said to be unique to bitcoin. The announced contracts called LedgerX Halving Contract (LXHC) will actually represent a  binary option, which means that there are scenarios a user can either get a fixed amount of money or nothing, that settles when bitcoin halves the next time. The previous halving was recorded in 2016 since then miners can receive only 12.5 BTC for a new block instead of 25 BTC.

Coinbase expands its wallet with bitcoin support
06 February, 2019 14:51

Coinbase expands its wallet with bitcoin support

US-based exchange Coinbase with headquarter in San-Francisco is said to grant its customers the opportunity to control bitcoin from Coinbase Wallet. At the same time, the application has been available for about six months already. The company is heard to be working on further service expansion targeting Bitcoin Cash , Litecoin (LTC), as well as other major cryptocurrencies in the long run.

Court saves QuadrigaCX from creditors, CEO death certificate and will unveiled
06 February, 2019 14:12

Court saves QuadrigaCX from creditors, CEO death certificate and will unveiled

The Nova Scotia Supreme Court is going to protect Canadian crypto exchange QuadrigaCX from creditors, which may not allow any potential lawsuits to be filed against it. The court also approved EY as a financial supervisor for the company. Besides, a death certificate and CEO's will were considered during the court hearing. The available data shows that the number of victims that suffered from the recent events can range from 90,000 to 115,000 people.

Gemini reportedly closes OTC accounts while GUSD converting
06 February, 2019 12:17

Gemini reportedly closes OTC accounts while GUSD converting

The Gemini cryptocurrency exchange run by the Winklevoss twins is said to close accounts of two OTC platforms when the latter tried to take up Geminin Dollar stablecoin. The sticky situation has occurred lately and become known once the operators of the platforms reported about unexplained account shut down. Gemini failed to explain the reasons behind such moves.