EXCHANGES

Bitcoin Can Become a $5 Trillion Asset by 2024, Says Anthony Pompliano

[ad_1] Anthony Pompliano of Morgan Creek Digital believes Bitcoin is in a unique position to experience parabolic growth within the next five years, taking its market capitalization to $5 trillion. Bitcoin Set for Parabolic Growth In a tweet published on Monday (April 22, 2018), Pompliano identified Bitcoin as the only sub-trillion-dollar asset that looks capable of increasing by as much as 50 times within a five-year time frame. Such an
BLOCKCHAIN

South Korean Hospital to Create Blockchain Medical Data Management Platform

[ad_1] Blockchain-powered medical data marketplace Longenesis and biotechnology company Insilico Medicine have entered into an agreement with South Korean hospital Gil Medical Center to create a blockchain-based health data management solution. The development was announced in a press release published on April 23.As part of the collaboration, the parties intend to develop a blockchain-powered platform based on Bitfury’s Exonum blockchain framework to increase the efficiency of data collection, boost medical
Business

IBM Issued Patent for DLT-Supported Data Sharing and Validation

[ad_1] Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing Among Mobile Apparatus.” IBM proposes a method executed by a mobile apparatus to verify
EXCHANGES

Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live

[ad_1] Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian. “This release required a diverse skill set of protocol
EXCHANGES

Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases

[ad_1] Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. According to a company statement shared with Bitcoin Magazine, the service will
EXCHANGES

Lots of Building on BCH as Bitcoin.com’s REST Layer Sees Millions of Requests

[ad_1] Over the last year, Bitcoin.com has released a robust Bitcoin Cash (BCH) developer platform loaded with programming tools like Bitbox as well as the newly launched Badger and SLP tool kits. In addition to these services, Bitcoin.com provides programmers with guides, a GUI BIP44 development wallet, a BCH testnet faucet, and REST layer for the BCH network so developers can speak to the blockchain over REST. On April 19,
BLOCKCHAIN

Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

[ad_1] French specialized credit institution Societe Generale SFH issued a 100 million euro ($112 million) bond as a security token on the Ethereum (ETH) blockchain. The company announced the development on its website on April 23.Societe Generale SFH —  which is a subsidiary of one of Europe's largest financial services groups, Societe Generale Group —  has rolled out its first pilot project developed in collaboration with Societe Generale FORGE. The
Business

BlockFi Now Has Over $53 Million in Client Crypto Under Management

[ad_1] BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23.In the announcement, BlockFi also states that it will implement some policy changes starting from May 1, 2019. Specifically, the company says that the minimum deposit to earn interest has been lowered. Bitcoin (BTC) balances of 0.5 BTC and more will
Business

CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

[ad_1] Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns out the platform is still under maintenance, or so the company says.Meanwhile, Cointelegraph has received exclusive details from stakeholders reportedly affected by the situation. These reports, for the most part, were only discussed on social media platforms like Twitter and Telegram but have
EXCHANGES

Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

[ad_1] Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. FDAG recently acquired the crypto exchange