Monthly Archives: November 2018

Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone

News On Nov. 29, Sirin Labs announced the commercial launch of its new blockchain smartphone known as the Finney. According to the cellphone creators, the Finney offers “secure and state of the art mobile technology” alongside an embedded cold storage cryptocurrency wallet. Also read: Bloxroute Joins the Block Size Debate With New Block Propagation Service People Can Now Preorder the Finney Smartphone Sirin Labs has launched its flagship product the Finney phone, a mobile device named after the late Bitcoin developer Hal Finney. News.Bitcoin.com originally reported on the […]

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New Bitcoin Cash Opcode Shows an Onchain Game of Chess is Possible

Technology & Security Since the recent Bitcoin Cash (BCH) upgrade, the protocol now has some newly added features like the re-enabled opcode OP_Checkdatasig. After the implementation, a few developers have been experimenting with the opcode and have developed concepts such as “spending constraints.” Moreover, in another instance, a programmer recently used the opcode to create an onchain chess game on the BCH blockchain. Also Read: BCH Upgrades: What’s New and What’s Next Spending Constraints Over the last week, BCH supporters have been slowly trying to move away from the […]

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SEC Hits Floyd Mayweather and DJ Khaled With Fines for Unlawful ICO Promotion

Regulation The U.S. Securities and Exchange Commission has hit two celebrities with record fines for shilling initial coin offerings (ICOs). Boxer Floyd Mayweather Jr. and music producer DJ Khaled were taken to task for failing to disclose payments they received for touting the projects. The case marks the first time the SEC has taken against celebs for ICO promotion. Also read: Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering Centra ICO Censured Again by SEC The SEC has settled charges with Mayweather and Khaled for […]

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Bitcoin Mining Start-Up Envion Ordered to Close by Swiss Court

Economy & Regulation A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have led to a breakdown in its corporate structure, bringing operations to a halt. Also read: Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3 Founding Partners Sue Each Other Founding partners Michael Luckow and Matthias Woestmann have repeatedly gone to court to sue each […]

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Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

News Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up offshore companies to launder money. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Deutsche Bank Raided Six Deutsche Bank offices in and around Frankfurt, including its headquarters, were raided on Thursday over money laundering allegations. The raid of Germany’s biggest bank with assets […]

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The Daily: Kucoin Enables Credit Card Payments, Coinbase Pro Adds Zcash

The Daily Digital asset exchange Kucoin has partnered with an Israeli startup to introduce credit card payments for cryptocurrency purchases and we’ve covered it in The Daily. Also, Coinbase has added privacy coin zcash to its professional trading platform, while Okex has delisted dozens of trading pairs with low liquidity. And in Ghana, over 100,000 investors have lost millions of dollars in a coin scam.     Also read: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market Kucoin Introduces Credit Card Payments Kucoin has teamed up with Simplex […]

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Research Exposes Anti-Bitcoin Bias in Mainstream Media

News Recent research on the tone and frequency of cryptocurrency coverage in the mainstream media over the past five years suggests that some news outlets appear to be much more biased against Bitcoin than the norm. The results also indicate that overall sentiment has become more negative with time. Also Read: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market Price Declines Sparked a Press Frenzy Blockchain-focused research company Clovr surveyed 7,527 cryptocurrency-related articles from 48 media outlets from January 1, 2013, to July 31, 2018. It used an […]

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LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein

Exchanges Liechtenstein cryptocurrency exchange LCX has been granted a license to provide crypto trading services for utility and payment tokens. The exchange will be offering four main crypto services including a custody service and a fiat-to-crypto exchange in partnership with Binance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations A Regulated Exchange LCX announced on Tuesday that it has been granted “a business license of the Liechtenstein Ministry of Economic Affairs to conduct its business in Liechtenstein (Gewerbebewilligung).” An LCX representative told news.Bitcoin.com: […]

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Bloxroute Joins the Block Size Debate With New Block Propagation Service

Technology & Security Over the last few weeks, the Bitcoin Cash (BCH) community has been discussing how miners and nodes will handle bigger blocks in the future to encourage mass adoption. A company called Bloxroute has been coming up a lot lately, as it aims to resolve the block propagation bottleneck. Also read: Growing Number of Crypto Companies Operating From Belarus Bloxroute Claims It Offers Greater Efficiency Bloxroute claims it can provide more efficient block propagation for blockchains. The organization has been discussed a lot in the weeks […]

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Honoring Satoshi’s Vision: Toward a Better Crypto User Experience

Op-Ed This post about better crypto UX was written by venture capitalist David Gold. He is the CEO of Dapix, Inc, which launched the Foundation for Interwallet Operability (FIO) and FIO Protocol. *** Satoshi Nakamoto’s Bitcoin whitepaper laid out an intoxicating vision for a “purely peer-to-peer version of electronic cash” — free of involvement and interference from third-party intermediaries. Also read: Outrage Over Union Bank of Nigeria’s Threat to Close Crypto-Related Accounts Ten years later — despite much growth, shrinkage, excitement and hype — Bitcoin, and cryptocurrencies in general, have […]

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