Business

QuadrigaCX Would Never Have Lost Crypto Keys Had It Been in Bermuda, Says Premier

[ad_1] The Premier of Bermuda, David Burt, has argued that a QuadrigaCX-like situation could not have happened in Bermuda because of the country’s existing legislation in regard to cryptocurrencies. Burt made his statements in an interview on Fortune’s “Balancing the Ledger” show on March 25.Burt delivered his comments following QuadrigaCX’ founder, Gerald Cotten’s sudden death last December, and financial difficulty the exchange subsequently faced. QuadrigaCX has not been able to
Business

Crypto Must Leave Behind the Individualism of the Early Cypherpunks

[ad_1] Ethereum (ETH) co-founder Vitalik Buterin has argued that the crypto community should evolve beyond the individualism associated with its early cypherpunk days and harness technology to create new, equitable and innovative systems with positive social impact.Buterin made his comments during a keynote speech at the RadicalxChange conference in Detroit, Michigan on March 24, BreakerMag reported on March 25.Buterin had jointly initiated RadicalxChange with economist Glen Weyl, co-author of the
Business

No Bitcoin Deficit a Problem for Regulators

[ad_1] Terry Duffy, CEO of leading United States derivative market CME Group, told Business Insider Monday, March 25, that Bitcoin’s finite amount is a challenge for regulators.According to Duffy, the inability to run Bitcoin (BTC) on a deficit is challenging for regulation. He further explained:"The governments can't run unless they can run on a deficit. I am trying to figure out why they would say, 'Sounds good to me, because
Business

Leading Bitcoin Cash Developer Amaury Séchet Leaves Bitcoin Unlimited

[ad_1] Leading Bitcoin Cash (BCH) developer Amaury Séchet announced his departure from the development team of BCH node software Bitcoin Unlimited in a Medium post published on March 25.In his post, Séchet criticizes Bitcoin Unlimited project management and saying that it led to inefficient development and avoidable vulnerabilities in the code. He further notes that when he tried to address those issues, he was met with resistance. Séchet cites one
Business

Microsoft’s Bing Blocked Over Five Million Cryptocurrency-Related Ads in 2018

[ad_1] Microsoft-owned search engine and advertisement platform Bing noted that it blocked over five million cryptocurrency-related ads last year in its “Ad quality year in review 2018” report published on March 25.Bing notes that the pseudo-anonymity of cryptocurrencies such as Bitcoin (BTC) “made cryptocurrency a prime target for fraudsters and scam artists to defraud end-users.” Bing claims that this is the reason for the ban of cryptocurrency-related content from its
Business

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, Tron: Price Analysis, March 25

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Мarket data is provided by the HitBTC exchange.During a meeting with the president of Argentina, American venture capital investor Tim Draper spoke about the potential of blockchain and cryptocurrencies. He also urged
Business

LocalBitcoins Announces Supervision by Financial Supervisory Authority of Finland

[ad_1] International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25.Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019.The authority has passed a proposal for a new Act on Virtual Currency Service Providers that is expected to come into
Business

Broker Launches ‘Trading Ideas’ Tool ​—​ Incentivizing Experts to Share Insights on Crypto

[ad_1] A contract-for-difference (CFD) broker says its platform is one of the first to operate in both crypto and fiat currencies — with a simple interface that’s designed to appeal to new and advanced traders alike.SimpleFX says that it already boasts more than 200,000 active traders around the world and aspires to become “the go-to app for the new generation of mobile-first traders.” In order to achieve this objective, the
Business

E-Commerce Firm Rakuten Readies Cryptocurrency Exchange for April Launch After Name Change

[ad_1] Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release on March 25.Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month.The company had acquired the exchange under the former name in August last year for 265 million yen (at
Business

Fintech Firm trueDigital Expands Over-the-Counter BTC, ETH Reference Rate Distribution

[ad_1] New York-based fintech infrastructure provider trueDigital Holdings (TDH) is partnering with crypto data firm Kaiko and digital assets analytics company Inca Digital Securities to widen the distribution of its over-the-counter (OTC) reference rates for Bitcoin (BTC) and Ethereum (ETH). The development was shared with Cointelegraph in a press release on March 25.As reported last year, TrueEX created TDH as an affiliate in March 2018, immediately announcing a TDH partnership