Please share if you find this article interesting. Japanese Exchange Bitpoint Launches Trading Platform in Panama - Bitcoin News News On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol Bitpoint Japan Expands to Latin America Bitpoint is a licensed cryptocurrency exchange operator headquartered in Tokyo that has just announced the company’s first international expansion in Latin America. It already operates trading platforms in five Asian countries and the latest exch
Please share if you find this article interesting. Hyperledger Onboards 12 New Members Including Alibaba Cloud, Deutsche Telekom and Citi Hyperledger has onboarded 12 new members, including such major firms as Alibaba Cloud, Citi, and Deutsche Telekom, according to an announcement published on Dec. 11. Launched in 2016, Hyperledger is an open source project created by the Linux Foundation and created to support the development of blockchain-based distributed ledgers. The new members were announced at the Hyperledger Global Forum in Basel, Switzerland. The latest general members that joined the initiative include Alibaba Cloud, a subsidiary of the e-commerce giant; financial services firm Citigroup, Deutsche Telekom, one of the largest telecoms providers in Europe; and European bl...
Please share if you find this article interesting. Report: Court Ruling to Return Mistakenly Sent Cryptocurrency Could Set Precedent A Dec. 12 Business Law Blog post from the University of Oxford Faculty of Law notes possible repercussions for lost and stolen crypto claims following a case in a Canadian trial court earlier this year. In the post, SAFE Frankfurt researcher Grygoriy Pustovit notes the case of Copytrack Pte Ltd v Wall. The superior trial court of British Columbia ruled that Ethereum (ETH) tokens, which were mistakenly sent by the plaintiff, Singapore blockchain startup Copytrack, to the defendant, Brian Wall, must be returned to Copytrack. The defendant mistakenly received 530 Ethereum coins from Copytrack instead of 530 Copytrack (CPY) tokens that he was supposed t...
Please share if you find this article interesting. Google Trends Reveals One of the Top Questions of 2018 — 'What Is Bitcoin?' - Bitcoin News News Google has just published its annual Year in Search query statistics for 2018 and the biggest question of last year was “What is Bitcoin?” According to Google Trends, searches for the term “Bitcoin” have declined rapidly since 2017, but web users querying its definition led internet searches last year. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations 2018’s Most Asked Question of the Year — What Is Bitcoin? In 2017, one of the biggest terms searched on Google was “Bitcoin” as the price rose significantly throughout the whole year. However, following all-time highs, bitcoin prices decli
Please share if you find this article interesting. AriseBank Founders to Pay $2.7 Million in Fines to Settle ICO Fraud Charges A United States federal court has ordered two executives from crypto firm AriseBank to pay nearly $2.7 million in fines, according to a U.S. Securities Exchange Commission (SEC) announcement Dec. 12. The ruling follows an investigation by the SEC, which found that AriseBank was operating a fraudulent Initial Coin Offering (ICO). AriseBank CEO Jared Rice was arrested by the Federal Bureau of Investigation (FBI) on Nov. 28 on charges of defrauding hundreds of investors of over $4 million. Rice allegedly falsely claimed that the bank could offer customers “FDIC-insured accounts and traditional banking services, including Visa-brand credit and debit cards,
Please share if you find this article interesting. Major Ethereum Software Client Upgrades in Preparation for Constantinople Hard Fork The Ethereum (ETH) Constantinople upgrade appears to be proceeding as planned, as a widely used Ethereum software client has published new code that includes a Constantinople activation time on GitHub Dec. 11. The post reads that Geth, which stands for Go Ethereum, v1.8.20 is a special release that will “finally” enable the Constantinople hard fork on the Ethereum mainnet at block 7,080,000. Geth is one of the three original implementations of the Ethereum protocol. The description further states: “It's also our last planned release of the 1.8 family, meaning that we'll start merging backwards incompatible changes onto master in preparation of G
Please share if you find this article interesting. Report: Lightning Network Still Way off Being Ready for Commercial Use - Bitcoin News Reviews The Lightning Network (LN) is a second-layer protocol that was long promised as a solution to BTC’s scalability problem. However, the off-chain system is still very far from being able to support actual commence according to a new review by business management technology company Scipio ERP. Also Read: The Daily: CEX.io Enforces KYC, Okex Updates BCH Ticker LN Is Incredibly Difficult to Use The report’s developers created a Lightning Add-on for Scipio ERP that provides businesses with the ability to use the system. They then tested the network in order to see if it was really ready for commerce. On the positive side, the tests confir
Please share if you find this article interesting. Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400 Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360. Market visualization from Coin360 Bitcoin (BTC) began the day around $3,414, subsequently reaching its intraday high of $3,534. At press time, the major coin is trading at $3,499, up 2.21 percent over the last 24 hours. Bitcoin daily price chart. Source: CoinMarketCap Today, Cointelegraph reported that the R&D lab at crypto startup TenX has tested the use of its cross-blockchain interoperability protocol to exchange ERC-20 tokens. The goal was to exchange the tokens — which run on the Ethereum
Please share if you find this article interesting. Allianz Global Investors CEO Calls for Cryptocurrencies to Be Outlawed - Bitcoin News News The head of one of Europe’s largest asset managers, Allianz Global, has called for global regulators to “outlaw” crypto assets. The outburst from CEO Andreas Utermann came during a panel discussion in London. Also read: Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering Cryptocurrencies Have “Wiped out People’s Savings” Allianz Global Investors chief Andreas Utermann called for cryptocurrencies to be banned on Tuesday during a panel discussion. “You should outlaw it,” he is reported to have told regulators. Utermann, who previously worked at Merrill Lynch Investment Managers, went on to say that he was “personal
Please share if you find this article interesting. Canadian Court Rules to Return Mistakenly Sent Ethereum to Rightful Owner A Canadian court has decided that a sum of mistakenly transferred cryptocurrency should be returned to its rightful owner, according to a report from the University of Oxford Faculty of Law published Dec. 12. A superior trial court of British Columbia found that Ethereum (ETH) tokens, which were mistakenly sent by the plaintiff, blockchain startup Copytrack, to the defendant, Brian Wall, must be returned to Copytrack. According to the report, the defendant mistakenly received 530 Ethereum coins from Copytrack instead of 530 Copytrack (CPY) tokens that he was supposed to get after participating in Copytrack’s Initial Coin Offering (ICO). At the time of the i