() () () () () () () () () () () () () () () () () () () ()

Archive for February 2019

Signature Bank to Offer Accounts to Bermuda's Crypto Startups – CoinDesk

Signature Bank to Offer Accounts to Bermuda's Crypto Startups - CoinDesk

Signature Bank of New York will soon offer full banking services to financial technology firms in Bermuda, including crypto startups that have struggled to secure accounts. In a press release Thursday night, the government of Bermuda announced that Signature would offer U.S. banking services to licensed fintech firms, including 66 startups already incorporated in the…

Read More

P2P Exchange Hodl Hodl Announces New Prediction Market – Bitcoin News

P2P Exchange Hodl Hodl Announces New Prediction Market - Bitcoin News

On Feb. 27, KYC-free cryptocurrency exchange Hodl Hodl announced a new service called Predictions, which will soon be added to the peer-to-peer trading platform. Hodl Hodl believes prediction markets are useful financial instruments within the crypto ecosystem that offer an incentive for those forecasting the specific outcome of an event. Also read: What Does the…

Read More

Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

element.alt_text ? element.alt_text : element.banner_id

The Constantinople and St. Petersburg network upgrades for the world’s second largest cryptocurrency, Ethereum’s (ETH), occurred today Feb. 28, according to ethstats.net. Specifically, the updates went live on the main network at block 7,280,000, in accordance with previously released schedule. Although the upgrade has two names of two originally separated updates, they have subsequently been…

Read More

Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR – CoinDesk

Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR - CoinDesk

Global crypto exchange Bittrex led a $1.5 million seed round in South African trading platform VALR. Bittrex CEO Bill Shihara told CoinDesk the South African market has “tremendous untapped potential.” Fellow VALR investor Michael Jordaan of Montegray Capital told CoinDesk that VALR’s support for 50 cryptocurrencies will offer the most diverse range of assets of…

Read More

Ethereum Upgrades as Hard Forks Activate on Blockchain – CoinDesk

Ethereum Upgrades as Hard Forks Activate on Blockchain - CoinDesk

Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, respectively, rolled out on the main network at block number 7,280,000. As seen on blockchain monitoring website Fork Monitor, there is…

Read More

German Government to Introduce Blockchain Strategy in Mid-2019

element.alt_text ? element.alt_text : element.banner_id

The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag. The document notes that fintech sandboxes are…

Read More

Europe's Regulatory Chair Seeks Additional Regulation on Crypto Assets

Europe's Regulatory Chair Seeks Additional Regulation on Crypto Assets

Steven Maijoor, who chairs the European Securities and Markets Authority (ESMA), has shown support for further regulation of crypto assets. Maijoor said he would like to see financial instrument regulation applied to cryptocurrencies in line with Europe’s securities laws, ostensibly to “help protect investors.” Also read: Cryptopia Lost Almost a Tenth of its Assets in…

Read More