BCH Community Responds to Allegations of Faked Coinbase Video

News The BTC community recently accused Coinbase of editing a video to make zero-conf BCH payments appear quicker than they actually are. In response, Bitcoin Cash supporters have provided pictorial evidence that the video was not faked. They then went on to discuss ways in which replace-by-fee has altered the reliability of 0-conf on BTC.  Also read: Coinbase Suspends Ethereum Classic Following 51 Percent Attack BTC Community Angered by Coinbase Video Recently, Coinbase CEO Brian Armstrong tweeted a video of Read more …

Why This Video Could Doom Kik’s SEC Fight

Kik CEO Ted Livingston may have already doomed the chat app’s chances to win its high-profile legal battle with the US Securities and Exchange Commission (SEC) regarding its Kin cryptocurrency, a video uncovered by The Block suggests. Kik’s SEC Gambit Kik plans to fight the SEC’s charge that the Kin ICO was an illegal securities offering. | Source: Shutterstock As CCN reported, the SEC has sent Kik a “Wells submission,” a prelude to suing the Canadian company for violating securities Read more …

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges

IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Announced today, 28 tons of mandarin oranges, or 3,000 cartons containing approximately 108,000 fruits, were delivered ahead of Chinese New Year celebration on Feb. 5 (mandarin oranges are a symbol of prosperity, IBM explained). The main shipping document, the bill of lading, was recorded on a blockchain. This document serves as a proof of ownership of goods, as a receipt of goods and Read more …

Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure. The firm states: “Our initial clients are an important part of our final testing and process refinement periods, which will eventually enable us to provide these Read more …

Crypto Startups Push Swiss VC Investments to a Record $1.25B

Economy & Regulation Startups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals.   Also read: Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests VC Record Driven by ICT Including Crypto Sector Swiss startups received almost 1.24 billion Read more …

Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia

Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection in the Nova Scotia Supreme Court today in compliance with the Companies’ Creditors Arrangement Act (CCAA). According to PwC Canada “the CCAA presents an opportunity for the company to avoid bankruptcy and allows the creditors to receive some form of Read more …

VanEck Resurrects Bitcoin ETF Bid, But Don’t Hold Your Breath

The Chicago Board Options Exchange (CBOE) and VanEck refiled their Bitcoin exchange-traded fund (ETF) application. But, there likely won’t be a Bitcoin ETF by the end of the year and possibly by the year’s end. On January 31, as CCN reported, VanEck announced that it submitted its newly drafted Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC). The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work by all teams involved. Public document: Read more …

Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’

Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity Digital Asset Services (FDAS). Fidelity first announced it would be launching a digital asset service last October. At present, the company is working with auditors to Read more …

Crypto Markets Cool Off Following Yesterday’s Surge, Ripple (XRP) Drops Over 2%

Yesterday was a positive day for the crypto markets, with many cryptocurrencies surging to recover some of their recent losses. Despite this, the markets were not able to maintain their upwards momentum, and all major cryptocurrencies have dropped today, with Ripple (XRP) surrendering a portion of its recent gains. Many analysts believe that the crypto markets could see further gains in the near future, assuming that Bitcoin is able to maintain within the $3,400 region. Analysts Claim Crypto Markets Could Read more …