EXCHANGES

OVEX Drops Altcoin Trading To Focus on OTC

[ad_1] South African cryptocurrency trading company, OVEX has announced it will be delisting several altcoin markets to focus on over the counter (OTC) exchange. ADA/BTC, BAT/BTC, BTT/BTC, CVC/BTC, EOS/BTC, LINK/BTC, OMG/BTC, REP/BTC, TRX/BTC, XMR/BTC, and XRP/BTC will no longer be supported on OVEX advanced exchange and Simple Buy/Sell, starting February 11, 2020. Moving forward, these cryptocurrencies will be supported on the OVEX OTC exchange. with Bitcoin (BTC) and Rand (ZAR)
BLOCKCHAIN

China takes additional steps to digitise the renminbi

[ad_1] China has been leading the way when it comes to digital payments by average consumers in the country. While such payments in the United States like Apple Pay are becoming more widely accepted, in nearby Japan such methods are still relatively rare. Alipay has been offering residents of China the chance to use fiat currency for everyday transactions, seemingly acclimating them for the day both payment and currency become
BLOCKCHAIN

Botched Iowa Caucuses Won’t Cast Shadow Over Blockchain Voting

[ad_1] According to a report released on Feb. 5, a mobile software application that was devised to help calculate the total number of votes in the Iowa Democratic caucus reportedly malfunctioned, resulting in the Democratic Party having to delay its public reporting of last Monday’s results. It was also revealed that a coding issue with the software resulted in the app relaying results that were either partially incorrect or unreliable. The
EXCHANGES

How to Recover Your Funds If You Lose Your Bitcoin Wallet

[ad_1] Losing a phone or hardware wallet containing cryptocurrency is inconvenient, but it shouldn’t be fatal. Provided you’ve backed up your private key, recovering your coins is a simple exercise. Should you find yourself in such a predicament, however, there’s a few things you should know before reaching for your wallet recovery phrase. Also read: Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet Recover Your Wallet the Right Way If
EXCHANGES

Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles

[ad_1] A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms. Also read: Russia’s New Prime Minister Has an Opinion of Cryptocurrencies Russian Users Ask Search Engines How to Buy Bitcoin Resurging cryptocurrency
EXCHANGES

Bitcoin, S&P500, Treasury Notes: Which Made the Highest Profit in 5 Years

[ad_1] James Todaro, managing partner of Blocktown Capital has recently compared Blockfi’s 5 year Bitcoin interest payments and compared them to the returns of the S&P500 and US treasury notes over the same period. James Todaro sees interest-bearing crypto savings accounts as a game changer James Todaro founding partner of Blocktown Capital and co-founder of MedX protocol just made waves on Twitter by highlighting the returns on a Blockfi 5
BLOCKCHAIN

A New Partnership Lets Institutional Investors Play OTC Crypto Markets

[ad_1] UK-based crypto lending and liquidity provider B2C2 is teaming up with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release. This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) access B2C2’s large liquidity pools and better-priced over-the-counter (OTC) markets though a single point of entry. Danny Kim, head of growth at SFOX, said: “We are delighted
BUY/SELL

Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD

[ad_1] Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to $303.1 billion, and the total market cap has gained 65.92% since the start of 2020.Crypto market daily price chart. Source: Coin360Earlier this week, Cointelegraph contributor Michaël van de Poppe discussed the significance of the crypto market
Business

A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up

[ad_1] Two letter bombs exploded in the Netherlands on Wednesday and an anonymous criminal is asking for a Bitcoin payment to prevent future attacks, Dutch police say. The first bomb went off at a postal sorting office in ABN Amro bank in Amsterdam on Wednesday morning. The letter bomb exploded moments after a mailroom worker tossed away the package. “The colleague who was sorting the mail heard a hissing sound, and
Business

Blockstack’s Proof of Transfer Would Have Miners Pay BTC to Mint Stacks

[ad_1] Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which circulates in the ecosystem.The system will be used in Blockstack’s proposed Stacks 2.0 blockchain, which is set for release later in 2020. The Proof of Transfer mechanism was devised to piggyback on the security of Bitcoin,