Coinbase Snaps Up Blockchain Intelligence Startup Neutrino

2 hours 33 minutes hence
n nn nn U.S.-based digital asset platform Coinbase has acquired blockchain intelligence startup Neutrino. The company made the news known earlier today, February 19, 2019, but the cost of the acquisition was not disclosed.The announcement reads&quotNeutrinos technology is the best weve encountered in this space, and it will play an important role in legitimizing crypto, making it safer and more accessible for people all over the world.&quotThe blockchain s

Judge Chooses Representative Counsel for QuadrigaCX Creditors

2 hours 33 minutes hence
n nn nn Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal.After postponing his decision, in a hearing on February 14, 2019, to choose one of four legal teams vying to represent affected users, Wood has given the bid to Miller Thompson and Cox &amp Palme

Bitcoin Price Analysis Consolidation Breaks Out Into Macro Resistance Test

2 hours 33 minutes hence
n nn nn Over the course of the last 10 days, bitcoin has managed to rally nearly 20 in value as it burst through two major resistance levels and is now beginning the test of a major macro levelFigure 1 BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. Yesterday, the market broke north of the channel and it has since begun to march toward a major macro level red dashed

Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware

2 hours 33 minutes hence
n nn nn As if Bitmains year hasnt been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability.A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmains S15 firmware. The pseudonymous Twitter user 00whiterabbit, also known simply as john, subsequently wrote exploit code based on Hilliards findings. A video proving that the exploit code worked was shared on Hill

Bitcoin News Summary February 18, 2019

1 day 22 hours ago
The post Bitcoin News Summary &8211 February 18, 2019 appeared first on 99 Bitcoins.nHeres what happened this week in Bitcoin in 99 seconds. Morgan Creek Digitals new crypto venture capital fund received investment from Virginian pension plans. The fund has raised $40 million, most of which for investment in promising crypto companies, though some portion will also be allocated to Bitcoin. A series of tweets by Wikileaks ...n

Op Ed How Bitcoins Protocol of Peace Can End the Nuclear Age

2 days 3 hours ago
n nn nn Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people. For some, it presented opportunities for prosperity, becoming the best performing asset in their portfolio. For others, this peer-to-peer cash for the internet represents a non-confiscatable digital gold that could enable financial sovereignty. For those who are conce

SEC to Review NYSE Arca Bitwise Bitcoin ETF Proposal

2 days 3 hours ago
n nn nn Yet another journey to launch a bitcoin exchange-traded fund ETF has begun.According to a published notice, the U.S. Securities and Exchange Commission SEC has begun reviewing a proposed rule change for a bitcoin ETF filed by NYSE Arca and Bitwise. The Commission now has 45 days from the date of publication to make a final decision on whether to approve, reject or extend the rule change. Should the SEC require more time to review the proposal, it can exten

Op Ed Why Its Unsafe to Store Private Crypto Keys in the Cloud

2 days 3 hours ago
n nn nn There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. For example, in August 2018, a fourth man was jailed in the U.S. for hacking into private Apple iCloud accounts and leaking nude photos of Jennifer Lawrence, Kirsten Dunst, Mary Elizabeth Winstead and others. So it do

Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

2 days 3 hours ago
n nn nn China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit ASIC processor dubbed the BM1397.Beyond energy efficiency, the new mining processor promises to achieve faster performance for mining cryptocurrencies that use the SHA256 algorithm for their proof of work PoW, including Bitcoin and its hard forks.Like the BM1391 chip that came befo

Is It Time to Take an Initiative to Decrease Bitcoins Block Size Seriously

3 days 20 hours ago
n nn nn Whilst debate raged throughout the Bitcoin community over whether the block size limit should be increased and how, Luke-jr for years stood out for arguing the exact opposite position. One megabyte blocks werent too small, he maintained even as SegWits block size increase gained broad support, they were too big. No increase, but a decrease was needed.Now, the Bitcoin Knots and Bitcoin Core developer is spearheading an attempt to make such a decrease happen

QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

3 days 20 hours ago
n nn nn Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets.When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchanges cold storage keys. In his will, Cotten names Robertson executrix of his estate, as well as endowing her as its primary beneficiary. The exchange waited roughly a month

Wyoming Passes New Friendly Regulations for Crypto Assets

3 days 20 hours ago
n nn nn The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February.According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming law recognizes property rights in the direct ownership of digital assets. The bill plainly states that digital assets are property within the Unifor

Bitcoin Price Analysis After Sudden Upswing, Bitcoin Price Drifts Downward

6 days 10 hours ago
n nn nn Last week, we saw a violent move to the upside as bitcoin rallied 11 over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last weekFigure 1 BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. It represents an overall lack of bullish pressure. And, fro

Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors

6 days 10 hours ago
n nn nn A group of lawyers from some of Canadas top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. By the end of the hearing, the presiding judge wouldnt make a decision on which firm would play counsel for QuadrigaCXs clients, though he promised a decision within the week.The decision to delay appointment of representative counsel is a sound one. The Court needs to be a

Chainalysis Raises $30 Million in Series B Funding From Accel Ventures

6 days 17 hours ago
n nn nn Blockchain analysis firm Chainalysis has completed a $30 million Series B round led by American VC firm Accel and Benchmark, who led the startup&x27s Series A funding in April 2018. Accel partner Philippe Botteri will also join the firms board of directors.The fund injection will be used to expand the startup&x27s operations including its Chainalysis Know-Your-Transaction KYT tool which allows more than 100 crypto exchanges and financial institutio

Freelancers on Traditional Platforms Can Now Invoice in Bitcoin Via Bitwage

6 days 17 hours ago
n nn nn In the current freelancing industry, many platforms only allow independent contractors to use one bank account. In addition to restricting freelancers to the use of fiat only, this can also cause significant lag times when employees work with companies overseas.To try and solve these user problems, payroll and invoicing company Bitwage is introducing a freelance marketplace, allowing people to create multiple bank accounts to more smoothly process payments

Report Crypto Exchanges Saw Trading Volumes Plummet in January

6 days 17 hours ago
n nn nn The crypto winter that started toward the end of last year doesnt appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018.Now, blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular

QuadrigaCX Sent Deposits Allegedly Linked to CEOs Widow, Mailed Withdrawals in Cash

6 days 17 hours ago
n nn nn For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means.An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. RNC, a corporation with no listed registration in Canadian public records, on March 8, 2017. Bitcoin Magazine also reviewed a financial inquiry into the indi

NASDAQ to Add Liquid Indices Tracking Value of BTC and ETH

6 days 17 hours ago
n nn nn NASDAQ is planning to add new, third-party liquid indices, specifically tied to the value of bitcoin and ether.Details were released on affiliate site, a domain name owned by The Nasdaq, Inc. The site claims that the two indices are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD. To determine the most accurate possible value for these indices, the relative value of t

Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

1 week ago
n nn nn Even in a bear market, Morgan Creek Digital has no problem swimming upstream.The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. Two pension plans from Fairfax County, Virginia, the $1.43 billion Police Officers Retirement System and the $3.9 billion Employees Retirement System, were the lead investors in what was originally projected to be a $25
2 hours 29 minutes ago
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