The Latest Bitcoin News

February, 2019

  • 25 February

    Cryptopia Allowed to Resume Trading, But Won’t Just Yet

    Recently, the New Zealand police have given Cryptopia access back to its own office and allowed them to resume trading operations. But, according to a message apparently sent by a Cryptopia employee on the company’s official Discord channel yesterday, the exchange will not restart its operations just yet. Last month, a staggering two-week-long hack left Cryptopia with a reported $16.1 …

    Read More »
  • 24 February

    Liechtenstein-based Bank Frick to Launch Institutional Crypto Trading Platform

    Liechenstein-based Bank Frick announced it will launch an institutional crypto trading platform called DLT Markets. This news comes via an announcement published on the bank’s website on Wednesday. Per the release, DLT Markets “will provide institutional investors with an independent trading platform with fully regulated and secure multi-exchange access to the digital token asset class. This will allow investors to …

    Read More »
  • 23 February

    Ohio Companies Now Pay Tax in BTC

    Companies operating in the US state of Ohio are now paying their taxes using Bitcoin, according to the treasurer of the state, Robert Sprague. This latest development comes after the state launched its crypto payment platform in December 2018. Sprague did not disclose the details of the companies paying tax in BTC or how much they have spent so far, …

    Read More »
  • 22 February

    Reddit Co-founder Alexis Ohanian Says Crypto Winter Was “A Good Thing” for the Space

    Co-founder of Reddit Alexis Ohanian believes that the crypto bear market of 2018 was ultimately good for the space, as it weeded out those just in it for the money, and left only the staunch believers. Ohanian made his remarks in an interview with Yahoo! Finance released today. When asked if he remains a believer in crypto, Ohanian acknowledged that …

    Read More »
  • 21 February

    KPMG Announces Partnership with Blockchain Services Company Guardtime to Develop Businesses Tools

    Professional services company and Big Four auditor KPMG announced it has partnered with enterprise blockchain company Guardtime to offer blockchain-enabled business services to clients. This news comes via a press release published by KPMG yesterday. This is not KPMG’s first foray into the realm of blockchain. On KPMG’s website, they note they have “dedicated blockchain specialists across KPMG’s core lines …

    Read More »
  • 20 February

    Samsung’s New Galaxy S10 Smartphone Includes Crypto Storage

    The Galaxy S10, the latest smartphone released by leading cell phone maker, Samsung, will include storage for private cryptocurrency keys. This news comes from a press release sent out by Samsung earlier today. Samsung announced the launch of the Galaxy S10 in Seoul, London, and San Francisco today. The phone will come complete with its Samsung Knox function, which keeps …

    Read More »
  • 19 February

    Elon Musk: Crypto Is a “Far Better Way to Transfer Value than Pieces of Paper”

    Tesla CEO Elon Musk described Bitcoin’s structure as “quite brilliant” and said that digital currency is “a far better way to transfer value than pieces of paper.” Musk made these comments during an interview on advisory company ARK Invest’s podcast, which was released today. When asked whether he thought Bitcoin would become the only currency native to the internet, Musk …

    Read More »
  • 18 February

    Institutional Investor Consultants Cambridge Associates: Cryptocurrencies “May Very Well Upend the Digital World”

    If you ask consulting firm Cambridge Associates, cryptocurrency is a sound long term investment. This sentiment comes from a Bloomberg report published earlier today.   Specializing in pension and endowment consulting, Boston-based Cambridge Associates advises institutions that manage over $300 billion. In a research note published today, analysts at the company wrote: “Despite the challenges, we believe that it is …

    Read More »
  • 17 February

    UAE City of Sharjah to Implement Blockchain-Based Waste Management Portal

    A blockchain-based waste permit portal will be launched in Sharjah, United Arab Emirates (UAE). This news comes by way of a report by Emirates News Agency (WAM), the country’s official news agency, earlier today. The portal will be developed as a joint effort by recycling and waste management company Bee’ah and the Hamriyah Free Zone Authority (HFZA), the free trade …

    Read More »
  • 16 February

    Crypto Brokerage Coinmama Says Large Data Breach Affected 450,000 Users

    Israel-based cryptocurrency brokerage Coinmama has suffered a major data breach that affected 450,000 users. The company disclosed this information in a company announcement yesterday. The breach is part of a massive hack that spanned 24 companies and 747 million records, which according to The Register, who originally broke the story of the hack, were listed for sale on dark web …

    Read More »
  • 15 February

    Survey Says 41% of Institutional Investors Will Invest in ICOs in the Next 5 Years

    A new survey of institutional investors conducted by the Global Blockchain Business Council (GBBC) and shared via press release yesterday revealed 19% of those surveyed believe cryptoassets will be invested and traded in by the year 2021. Conducted in December and January by PollRight, a market research company, the survey seem to reveal a greater willingness on the part of …

    Read More »
  • 14 February

    HSBC Announces Savings of 25% in Forex Trade Settlement Using Blockchain

    London-based banking behemoth HSBC announced that its blockchain-based platform reduced costs for its foreign exchange (forex) trade settlement by 25%. This news comes via a Reuters report earlier today. According to Chief Operating Officer of FX cash trading and risk management Mark Williamson, HSBC processes between 3,500 and 5,000 trades per day on its FX Everywhere system, settling about $350 …

    Read More »
  • 13 February

    Nasdaq to Add Bitcoin and Ethereum Indices Later This Month

    American stock exchange Nasdaq plans to launch two new indices tracking crypto prices on February 25th. The company announced the news on its website yesterday. The indices that will be launched are the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX). Both will provide real-time price updates every thirty seconds for clients that use Nasdaq’s Global Index Data Service …

    Read More »
  • 12 February

    Chainalysis Raises $30 Million from Accel, Other Investors in Series B Round

    New York-based blockchain intelligence company Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel. The news was confirmed in a blog post on Chainalysis’ site earlier today. According to the post, the round was led by Accel “with participation from existing investors,” which could include Benchmark, Techstars, and FundersClub. Generally, it is …

    Read More »
  • 9 February

    Bitfinex Goes Offline for 2 Hours amid Crypto Market Explosion

    Earlier today, Hong Kong-based crypto exchange Bitfinex unexpectedly went offline for two hours amid major market movement. The exchange notified users of the development in a confusing set of tweets: The first, sent at 3:05 AM EST, alerted users that the exchange had temporarily gone offline: “We are aware Bitfinex is currently not accessible to some users, our admins are …

    Read More »