Advertisement On Friday, as the Bitcoin price fell by around six percent against the U.S. dollar, several reports claimed that the dominant cryptocurrency dropped in value due to bomb threats. One report from Business Insider Australia, for instance, stated that following an email blast of bomb threats in New York, the price of the crypto

One month has officially passed since the bitcoin cash blockchain underwent a hard fork on November 15, resulting in the creation of two distinct networks. They’re now commonly referred to as Bitcoin Cash ABC and Bitcoin SV. Yet in the weeks that followed the mid-November fracture, there is still no favorite in terms of overall

Zach Harvey is the CEO of Lamassu, an early and active provider of cryptocurrency vending machines.  The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Emotions were high during bitcoin’s block size debate (each side believing bitcoin would be damaged by the other’s triumph), and they’re high again in this year’s bear market. People are

Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). ——————- Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo). The family has been

Advertisement BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoin’s current valuation, while the actual use of the crypto market leader as a currency is responsible for only a relatively small fraction of its price. Speaking on CNBC’s Squawk Box, Pair revealed that BitPay intends to change this situation significantly

Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts. According to a blog post, U.S. customers can withdraw their Coinbase balances to PayPal immediately and without any fees. The new arrangement allows customers to quickly convert their cryptocurrency holdings to cash, wrote Allen Osgood, who works on product at the exchange.

“We’ve been fucking up this mixnet idea for 39 years.” That’s how lead developer David Stainton introduced the mixing tech that powers Nym Technologies, a stealth anonymity startup that sports a roster of privacy activists and cryptography heavyweights from around the world. An open infrastructure based on a near-forgotten anonymity system named mix networks, Nym

The role of blockchain developer has leaped straight to the top of LinkedIn’s emerging jobs list for 2018. The networking platform for professionals said in a report Thursday that recent increased interest around cryptocurrencies has led to staff with blockchain development skills being in high demand in the U.S, and that related job listings have seen a 33-times increase

Some blockchain token projects may be allowed to bypass U.S. securities registration requirements by obtaining so-called no-action letters from the Securities and Exchange Commission (SEC), an agency official said. Speaking at a gathering in New York Thursday evening hosted by the Wall Street Blockchain Alliance (WSBA), Valerie A. Szczepanik made it clear that such letters

Advertisement The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a strong volume jump on Coinbase. It expects to extend

The cryptocurrency exchange Binance is casting a wider net to find the next unicorn startup. Revealed exclusively to CoinDesk, the venture wing of the namesake exchange, Binance Labs, will launch new incubator programs in Berlin, Buenos Aires, Lagos, Singapore and Hong Kong come March 2019. The company is announcing this global expansion, offering 10-week onsite

One of the largest remittance firms in the United Arab Emirates, UAE Exchange, is working with Ripple to launch blockchain-based payments to Asia by the first quarter of next year. According to a report from Reuters on Thursday, the firm’s CEO Promoth Manghat said he expects to go live with support from “one or two banks

Advertisement Over the past 48 hours, the Bitcoin price has stabilized at around $3,400 after dropping to a new yearly low at $3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $3,210 to $3,400 but the cryptocurrency market has lost $14 billion of its valuation against the U.S. dollar

Venezuela has reportedly begun converting pensioners’ monthly payments into its controversial cryptocurrency, the petro. According to the Caracas Chronicles, an English-language politics and economics blog based in the country, the government has recently been taking the bolivares (the country’s current fiat currency) paid to its elderly residents and automatically swapping them for petros. Normally, a

Advertisement The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in daily volatility. The pair on December 7 established its yearly low at 3210-fiat, after

Blockchain consortium Hyperledger is continuing its rapid expansion by adding 16 new members. Some 16 new members were announced Wednesday at the Hyperledger Global Forum in Basel, Switzerland, including cloud computing firm Alibaba Cloud, a subsidiary of the global conglomerate;  financial services giant Citigroup and its Citi Ventures arm; trade finance blockchain platform We.Trade; and Deutsche

Bitcoin’s (BTC) struggle to build a notable bounce could end if prices beat key resistance above $3,600. The leading cryptocurrency by market value fell to 15-month lows near $3,200 last week, pushing the 14-week relative strength index (RSI) below 30.00 for the first time since 2015. So, with bitcoin so extremely oversold, a recovery rally

Crypto exchange Gemini has just launched a mobile wallet for its users. Gemini CEO and co-founder Tyler Winklevoss wrote in a Medium post on Tuesday that the new app allows customers to buy or sell cryptocurrencies, view market prices, see their own portfolio values and set price alerts, among other features geared toward traders. The

The U.S. Commodity Futures Trading Commission (CFTC) wants to learn more about ethereum, its technology, and the markets that have built up around it. In a “Request for Input” (RFI) published Tuesday, the regulator explains that it is looking for public feedback on different questions about ethereum, ranging from its technology to how it’s used. Respondents

Advertisement Bitcoin’s share of total cryptocurrency market capitalisation is at its highest point in three months, currently standing at about 55.14 percent according to data from CoinMarketCap. Bitcoin Dominance Surges amid Crypto Price Panic The next four high volume cryptocurrencies in order of market volume are XRP with 11.14 percent, ethereum with 8.55 percent, bitcoin

Advertisement For much of the year, the bitcoin mining industry appeared to be impervious to the crypto market downturn, as the flagship cryptocurrency’s hash rate continued to climb even as the BTC price halved — and then halved again. In recent weeks, however, cracks have begun to form in this sector as well. Bitcoin Hash

The Gibraltar Blockchain Exchange (GBX), a subsidiary of the island’s stock exchange, is now providing insurance coverage for crypto assets listed on its platform. The firm announced Monday that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed on the

The United Nations’ charity arm for children, UNICEF, is funding research into blockchain tech. Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. The investments are part of a broader program which already funds 20 technology startups,

Advertisement The gains Bitcoin made during the Friday and weekend trading session fizzled at the beginning of this week. The digital currency’s recovery lost steam after establishing an intraday high at 3640-fiat, now thrice in December. It dropped as much as 4.4% on Monday, confirming a weak bull sentiment near the said resistance area. At

U.S. insurance group State Farm is testing blockchain tech as part of a new platform for insurance subrogation. State Farm announced Monday that it was trialing a blockchain solution to streamline the manual process of subrogation. Subrogation is the legal right for companies to pursue damages from a third-party responsible for causing a loss to the

Advertisement Square, a payment platform for merchants and individual users operated by Twitter CEO Jack Dorsey, has surpassed Coinbase to become the most widely used iOS app to buy Bitcoin (BTC). The platform, called Cash App on Apple’s iOS store, also overtook YouTube to become the number one top free mobile application on the iOS

Bitcoin (BTC) still has the potential to drop towards $3,000, despite a minor bounce from 15-month lows seen on Friday. On Friday, the leading cryptocurrency by market value picked up a bid at $3,210 –  a level last seen in September 2017. The ensuing corrective bounce, however, seems to have run out of steam, as

Advertisement Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across

Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm. — The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today. Given an increasing media focus and heightened industry attention, it’s important to take both a

“We don’t want to reinvent the wheel when building [ethereum] 2.0.” Speaking to the complementary efforts of developers working on two separate upgrades to the ethereum blockchain – one dubbed ethereum 2.0 and the other dubbed ethereum 1x – Raul Jordan insists upgrades to be included in ethereum 1x on a shorter time horizon would