Business

Dollar Is Not Designed for the Internet, but Stablecoins Are

[ad_1] Sterling Witzke has been working at Winklevoss Capital — a venture capital firm set up by the famous Winklevoss twins — for five years now. As a professional investor, she is very interested in financing early stage crypto and blockchain projects. She believes that stablecoins are perfectly designed for the needs of internet payments and will steadily gain popularity as the industry evolves.We talked to Sterling Witzke about the
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Canada Lawmakers Propose a Ban on Cryptocurrency Short Selling

[ad_1] The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly proposed a framework for cryptocurrency exchanges that would halt short selling and margin trading of digital assets.  Ban on Cryptocurrency Short Selling and Margin Trading The Canadian Securities Administrators and the IIROC have filed a joint consultation paper called Proposed Framework for Crypto-Asset Trading Platforms on March 14th, 2019, seeking community feedback regarding the direction cryptocurrency
Business

Silvergate Bank Onboarded 59 New Crypto Customers in Q4 2018

[ad_1] Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC).The filing reveals that as of Dec. 31, 2018, Silvergate had 542 digital currency-related clients including cryptocurrency exchanges and miners, custodians and global investors, among others. This marks an increase of 59 crypto-related customers since a previous filing
Business

Cryptopia Crypto Exchange Resumes Trading on 40 Crypto Pairs

[ad_1] New Zealand-based cryptocurrency exchange Cryptopia has resumed trading on 40 trade pairs, according to a tweet from the firm on March 18.In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The update follows the exchange’s recent announcement of the plans to reopen trading on its
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Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet

[ad_1] The Bitcoin.com Wallet is a simple cryptocurrency light client that supports bitcoin cash (BCH) and bitcoin core (BTC). Since the initial release of the software, there have been 3.7 million noncustodial wallets created and climbing. Now, the latest version of the Bitcoin.com Wallet not only allows users to manage digital assets, but also provides the ability to switch between the BTC and BCH. Also read: This Version of Lode
BLOCKCHAIN

Kakao Affiliate Dunamu Launches Blockchain Service Platform

[ad_1] Dunamu, the fintech arm of South Korea’s largest Internet corporation Kakao, is reportedly launching a blockchain service platform designed to help companies start businesses using blockchain. Korea’s JoongAng Daily reported the news on March 19.The platform, which is called Luniverse and supervised by blockchain technology research lab Lambda256, is geared to help IT startups develop blockchain-based services. The platform reportedly has a high level of security and an automated
Business

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

[ad_1] Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark.Market visualization from Coin360During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on the day.Today, major cryptocurrency exchange Binance announced that its new service “Binance Lite” will enable
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Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani

[ad_1] Quadrigacx co-founder Michael Patryn is actually a convicted criminal who went by the name Omar Dhanani, a Bloomberg report alleges. Dhanani has been previously convicted of identity theft linked to bank and credit card fraud and sentenced to 18 months in a U.S. federal prison. He was later deported to Canada. Also read: Spain’s 2gether Unveils Crypto Debit Card, as Polispay is Forced to Cancel its Mastercard A Man
ALTCOIN

Report From Former CFTC Chairman Calls for Advanced Crypto Regulations

[ad_1] A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission (CFTC) during the administration of Pres. Barack Obama.The report dubbed “It’s time to strengthen the regulation of crypto-assets” addresses the purported need for better regulation on digital currencies, the illicit use of
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Dubai’s First Bitcoin ATM Let’s You Buy With Cash, No ID

[ad_1] If you’re in the UAE and want to buy some bitcoin, you can do so without KYC from the first Bitcoin ATM in Dubai. Don’t get too excited, though. You can’t make withdrawals yet–and you’ll need to show ID when you do. The First Bitcoin ATM in Dubai The good news is that Bitcoin ATMs are gaining traction around the world. Now there’s an operational machine in Dubai hotel