Formerly Top Cryptocurrency Exchange Huobi To Open Off… | News

Huobi, one of the largest cryptocurrency exchanges that was originally founded in China, has revealed its plans to open an office in San Francisco. The announcement took place during the Blockchain Connect conference Friday, Jan. 26. Blockchain Connect, an event that focused on the cooperation between the US’ and China’s cryptocurrency markets, took place on Friday, Jan. 26 in San Francisco. The Huobi exchange was one of the presenters at the conference, during which they have announced their intention to Read more …

Square's Cash App Adds Option to Buy and Sell Bitcoin

Square’s “Cash App” has been updated to allow for purchasing of up to $10,000 worth of bitcoin a week. Since making the announcement, Square has seen its stock has climb nearly 3 percent.Cash App is a peer-to-peer payment system from Square that allows people to pay each other directly and quickly. This new update has been in trial mode for select users over several months and is now available to the public. Users will have access to bitcoin trading directly in the app Read more …

e-Chat can conduct Ethereum Hardfork after the ICO

Hardforks in the Bitcoin system don’t surprise anyone anymore, but the Ethereum fork, carried out simultaneously with the ICO conducted by the e-Chat team is really something revolutionary for the entire crypto-community. The thing is that the project has long outgrown the limits of the usual blockchain-based messenger and transformed into an interesting, self-developing start-up. The e-Chat team decided to transform the messenger into a multi-functional platform where any participant or business can create their applications based on the e-Chat Read more …

Kodak Postpones KodakCoin ICO, Future Is Blurred

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The much-hyped $20 million KodakCoin ICO was supposed to debut on Jan. 31.  Instead, the iconic brand announced the night before launch they needed at least several more weeks to get to know their customers better, as they enter the “accredited investor verification phase,” leaving the 40,000-plus potential buyers who want dibs on Kodak’s “photo-centric cryptocurrency” waiting. Skittish investors fled KODK, as the stock tumbled 13% after gaining 200%-plus when Read more …

NEO and Blockchains Across China

This post was originally published on sourceNEO’s Vision The developers of NEO are looking to spread blockchains across all of China. Their company, Onchain, has developed a Distributed Networks Architecture (DNA) to allow for the easy implementation and development of standardized blockchains. They want every interested field to easily be able to migrate their data and […]<br />The post NEO and Blockchains Across China appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012. Source

NEM Foundation: Stolen Coincheck Funds Not Sent to Exchanges

The 58 billion yen worth of XEM tokens are on the move, according to the NEM Foundation, but no attempt to sell them on exchanges has been made as of Wednesday. Some 500 million XEM were stolen from Japanese cryptocurrency exchange Coincheck last week in what some observers have called the largest exchange hack to date. However, despite reports to the contrary, those behind the attack have not yet tried to sell them, according to a statement released by the Foundation Read more …

Bitcoin Questionable as a Currency, but as an Asset it’s as Good as Gold

As investors eagerly wait in anticipation to see where exactly Bitcoin will go, its prospects as a viable currency are coming under scrutiny. Cryptocurrency, Minus the ‘Currency’? Bitcoin is looking less and less like a viable currency every day, as companies continue to drop the popular cryptocurrency as a method of payment. One such company dropping support for Bitcoin is Stripe. According to the self-proclaimed “first major payments company to support Bitcoin payments,” lengthy transaction times and high failure rates Read more …

BitCar Raises SGD 6.5 Million in Pre-ICO “Crypto for the Car Industry”

Singapore January, 2018 – Blockchain company BitCar.io has sold SGD 6.5 million of BITCAR tokens in its pre-ICO, amid strong interest for its exotic car pegging and trading platform. 75 million BITCAR tokens were purchased in the pre-ICO with up to a maximum 175 million tokens being made available in the company’s ICO, which begins 31 January at 3 P.M Singapore time. Singapore headquartered BitCar is developing its Blockchain platform that will facilitate cryptocurrency payments for fractional ownership of highly Read more …

Taipei Partners With IOTA To Become A Blockchain-Power… | News

Taipei, Taiwan is seeking to become a smart city by utilizing the power of Distributed Ledger Technology (DLT), or Blockchain. The city has chosen to partner with IOTA, the inventors of the so-called Tangle technology for the Internet of Things (IoT), to provide a number of new technology features for residents. Wei-bin Lee, Commissioner of the Department of Information Technology in Taipei City Government, suggested in an official press release that the ‘unique technology’ offered by IOTA will usher in Read more …

Switzerland Embraces Cryptocurrencies as an ICO Haven

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Swiss are bucking an otherwise resistant trend among the world’s regulators toward cryptocurrencies. Instead, Switzerland is embracing the culture of cryptocurrencies, as evidenced by a leadership role for the domiciling of upcoming ICOs, as reported in the FT. As home to Crypto Valley, the Swiss version of Silicon Valley located in the canton of Zug and filled with blockchain companies, the country now wants its leadership position to encompass Read more …

Square’s Cash App Adds Option to Buy and Sell Bitcoin

Square’s “Cash App” has been updated to allow for purchasing of up to $10,000 worth of bitcoin a week. Since making the announcement, Square has seen its stock has climb nearly 3 percent. Cash App is a peer-to-peer payment system from Square that allows people to pay each other directly and quickly. This new update has been in trial mode for select users over several months and is now available to the public. Users will have access to bitcoin trading directly in the Read more …

Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses

Regulation The state of Hawaii is planning to regulate the use of bitcoin and digital currencies that would require licensure to transmit cryptocurrency-based funds. Two bills introduced by a group of partisan Hawaiian lawmakers are focused on digital currencies as a monetary instrument under the state’s Money Transmitters Act. Also read: Coinbase Exits as Hawaii Requires Bitcoin Companies to Hold Fiat Reserves New Definitions Applied to the Hawaiian Money Transmission Act Last week Hawaiian bureaucrats reviewed a proposed Read more …