South Korea-based digital asset trading platform Coinbin is filing for bankruptcy. The firm recently reported losses amounting to over $26 million. As per the company’s chief executive officer, the move has been caused by “a rise in debt following an employee’s embezzlement.”
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CCN.com
Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin
Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million.
A country is not only thousands of square kilometers and millions of citizens. A state can be big or very small, like Monaco. With an area of just over two square kilometers, this doesn’t bother the residents at all, but on the contrary, the state attracts tourists with its bountiful entertainment. The Monaco Grand Prix and the Monte Carlo casino are the main sources of wealth and prosperity of the country, which help it develop no worse than other, larger states. Will a super new microstate be able to achieve the same success and prosperity? And what if this is a state on blockchain, considering that the territorial issues have already been practically resolved? A new country has literally sprouted under the nose of Europe. DeCenter figured out whether a 21st century Libertalia could become a reality.
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decenter.org
Liberland: Makeshift Cryptocurrency State
Liberland, a small decentralized crypto state in Europe that has big plans of going global.
My Crypto Heroes is the most popular game on the Ethereum platform from Japanese developers. In the top rankings of decentralized applications, MCH (briefly “my crypto heroes”) is second only to CryptoKitties. But My Crypto Heroes belongs to the genre of role-playing computer games, which means that MCH is most famous in its gaming segment.
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decenter.org
My Crypto Heroes: A Review of One of the Most Popular Games with “Terrible Graphics”
My Crypto Heroes may have archaic graphics, but it is the most popular RPG on the Ethereum blockchain.
📨 #DeCenterDaily
📱 At the Mobile World Congress in Barcelona, Samsung representative revealed the names of tokens that will be supported in the company’s new flagship phone Galaxy S10.
via Cointelegraph
🏙 In a record deal, Inveniam Capital Partners is going to lead an Ethereum blockchain-based tokenization of a $66 million building.
via CoinDesk
🤝 Online lending startup SoFi plans to launch cryptocurrency trading in partnership with Coinbase.
via ccn
🇨🇭 A 125-year-old Swiss-based private bank has announced a partnership with cryptocurrency banking startup.
via Bitcoin.com
🇺🇬 The Binance Charity Foundation has launched a blockchain-powered donation pilot for its Lunch for Children program in Uganda.
via Forbes
📱 At the Mobile World Congress in Barcelona, Samsung representative revealed the names of tokens that will be supported in the company’s new flagship phone Galaxy S10.
via Cointelegraph
🏙 In a record deal, Inveniam Capital Partners is going to lead an Ethereum blockchain-based tokenization of a $66 million building.
via CoinDesk
🤝 Online lending startup SoFi plans to launch cryptocurrency trading in partnership with Coinbase.
via ccn
🇨🇭 A 125-year-old Swiss-based private bank has announced a partnership with cryptocurrency banking startup.
via Bitcoin.com
🇺🇬 The Binance Charity Foundation has launched a blockchain-powered donation pilot for its Lunch for Children program in Uganda.
via Forbes
Accenture, a global management consulting and professional services firm, has announced a blockchain-enabled application that will allow consumers to track and tip producers that adhere to environmentally-conscious policies.
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CoinDesk
Accenture’s New Blockchain App Lets Users Tip ‘Sustainable’ Producers
Accenture has announced a prototype blockchain-based supply chain app designed to reward business practices that conserve natural resources.
As we reported earlier, Coinbase, one of the largest U.S. cryptocurrency exchanges, acquired blockchain analysis startup Neutrino in an attempt to better identify undesirable activity on its platform. Yesterday, the firm sent The Block an official response regarding the acquisition.
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The Block
Coinbase responds to its controversial acquisition of blockchain intelligence platform Neutrino
Coinbase, one of the largest crypto firms, is speaking out about the fiery debate it ignited over a recent acquisition. The firm earlier this month snapped up Neutrino, an Italy-based company founded in 2016 led by Giancarlo Russo, Marco Valleri, and Alberto…
The Supreme Court of India has given the country’s government four weeks to outline a cryptocurrency regulatory framework proposal. Should officials fail to meet the set deadline, the Court will make an independent ruling.
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Inc42 Media
Supreme Court Gives Centre 4 Weeks To Bring In Cryptocurrency Policy
Hearing the cryptocurrency case, the Supreme Court, today, directed Indian government to come up with a cryptocurrency regulatory policy in the next four weeks
Actifit Fitness Tracker, or just Actifit, is an application of a rare category for decentralized fitness and health programs. Actifit follows human activity and pays out its own AFIT tokens for steps taken. We figured out how the app works and how it differs from classic fitness trackers.
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decenter.org
Actifit Fitness Tracker: Review of an App That Pays for Steps
A fitness app that actually rewards users for moving a lot.
How does the Blockstream satellite project work? What do you need in order to participate? What is it useful for? These are the questions that Andreas Antonopoulos answers in his latest Bitcoin Q&A session.
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YouTube
Bitcoin Q&A: How does the Blockstream Satellite Work?
How does the Blockstream satellite project work? What do you need in order to participate? What is it useful for? Let me bring your science fiction imagination back down to earth...
0:00 How do Blockstream's Bitcoin satellites work? What are their potential…
0:00 How do Blockstream's Bitcoin satellites work? What are their potential…
📨 #DeCenterDaily
💵 Payment processing company Square sold more than $166 million worth of Bitcoin in 2018, with a large percentage coming from Q4.
via The Block
🤝 Peer-to-peer payments technology firm Circle has partnered with Nice Actimize, a financial surveillance provider company.
via Bitcoin.com
💰 London Stock Exchange has led a $20 million funding round for capital markets blockchain startup Nivaura.
via Forbes
👋🏻 Coinhive, the in-browser Monero mining firm, will cease operations from March 8.
via Cointelegraph
💳 Switzerland-based Pangea Blockchain Fund has secured $22 million in a seed round backed by famous crypto entrepreneur Roger Ver.
via CoinDesk
💵 Payment processing company Square sold more than $166 million worth of Bitcoin in 2018, with a large percentage coming from Q4.
via The Block
🤝 Peer-to-peer payments technology firm Circle has partnered with Nice Actimize, a financial surveillance provider company.
via Bitcoin.com
💰 London Stock Exchange has led a $20 million funding round for capital markets blockchain startup Nivaura.
via Forbes
👋🏻 Coinhive, the in-browser Monero mining firm, will cease operations from March 8.
via Cointelegraph
💳 Switzerland-based Pangea Blockchain Fund has secured $22 million in a seed round backed by famous crypto entrepreneur Roger Ver.
via CoinDesk
Figure, a startup that uses the blockchain technology to provide online home equity loans, has raised $65 million, with the amount of funds raised by the firm totaling $120 million. The company is currently lending $1.5 million per day, the figure that company’s CEO expects to double every few months.
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Cointelegraph
Report: Blockchain Home Equity Loan Platform Raises $65 Million
Fintech startup Figure, which was founded by SoFi founder Mike Cagney, has reportedly raised $65 million from major venture capital funds.
Coin Metrics, a cryptocurrency data provider startup, has raised $1.9 million of venture funding in a round led by Castle Island Ventures with participation from Fidelity Investments, Highland Capital Partners, and Dragonfly Capital.
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CoinDesk
Fidelity Joins $1.9 Million Round in Blockchain Data Startup Coin Metrics
Coin Metrics, an open-source data research project, will now offer commercial services to institutional investors.
According to The New York Times, Facebook is reportedly negotiating with cryptocurrency exchanges about the possibility of listing its coin. The largest social media network’s employees are supposedly telling exchange representatives that they plan to roll out a working product in the first half of this year.
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NY Times
Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed (Published 2019)
Even as cryptocurrency prices have plunged, several big tech companies are working on their own digital tokens for use in text messaging systems.
Some still consider cryptocurrencies “suspicious” assets, citing the opinion of the Financial Action Task Force on Money Laundering (FATF). But it is impossible not to notice that the FATF shows great concern in connection with cryptocurrencies due to the fact that they interfere with the execution of U.S. sanctions against a number of states. The cryptocurrencies themselves, which work on the blockchain, provide transparency of transactions, the one that SWIFT—an organization that is a supporter of financial purity of banks’ operations in the world—is afraid of. The largest percentage of financial crimes is attributed to the U.S. dollar, given its long history as the main global currency. The blockchain of cryptocurrencies makes such financial crimes less likely. DeCenter figured who the financial future stands with—cryptocurrencies or cash.
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decenter.org
Cryptocurrencies vs. Cash: What Choice to Make?
The prophetic forecasts about the doom of fiat continue as cryptocurrencies are slowly gaining more support.
EOS Lynx is the first wallet application that was created on the EOS platform. As of today, the program is one of the most popular among all of the alternatives available for download. The application itself allows users to keep all their tokens in one storage on the platform and send them to the balances of games, exchanges, and other devices on EOS. We downloaded it and found out how EOS Lynx works.
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decenter.org
EOS Lynx: Review of the First EOS Blockchain Wallet
EOS Lynx, a wallet with plenty of competitors that it can’t seem to catch up with.
📨 #DeCenterDaily
✅ The Constantinople hard fork upgrade has gone live on the Ethereum network.
via The Block
➕ Coinbase, one of the leading U.S.-based digital asset trading platforms, has added support for Ripple’s XRP token to its retail platform and mobile apps.
via Cointelegraph
🏦 J.P. Morgan Chase has been quietly testing the zero-knowledge proof (ZKP) privacy technology.
via CoinDesk
💵 U.S.-based cryptocurrency exchange Kraken is offering “USD 100,000 (fiat or crypto) as a reward for the tip(s) that best lead to the discovery of the missing” QuadrigaCX crypto assets.
via official blog
🇯🇵 According to a recent study, cryptocurrency amounts to less than 2% of all money laundering cases in Japan.
via Bitcoin.com
✅ The Constantinople hard fork upgrade has gone live on the Ethereum network.
via The Block
➕ Coinbase, one of the leading U.S.-based digital asset trading platforms, has added support for Ripple’s XRP token to its retail platform and mobile apps.
via Cointelegraph
🏦 J.P. Morgan Chase has been quietly testing the zero-knowledge proof (ZKP) privacy technology.
via CoinDesk
💵 U.S.-based cryptocurrency exchange Kraken is offering “USD 100,000 (fiat or crypto) as a reward for the tip(s) that best lead to the discovery of the missing” QuadrigaCX crypto assets.
via official blog
🇯🇵 According to a recent study, cryptocurrency amounts to less than 2% of all money laundering cases in Japan.
via Bitcoin.com
China’s Center for Information and Industry Development (CCID) released its latest ranking of major cryptocurrencies, ranking EOS first and TRON second. More info: https://ct.com/7cwx
In its (possibly) first investment in the cryptocurrency industry, a Singapore-based government-owned wealth fund GIC Private Limited backed Coinbase’s $300 million fundraise last year.
The fund has over $100 billion in assets in over 40 countries across various asset classes.
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The fund has over $100 billion in assets in over 40 countries across various asset classes.
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CoinDesk
Singapore State-Owned Fund Backed Coinbase's $300 Million Raise: Report - CoinDesk
GIC Private Limited, a Singapore government-owned wealth fund, backed Coinbase’s major funding round last year, say Bloomberg sources.
This week we have a partnership that fell apart, a follow-up lawsuit to a previous mining-related lawsuit, and a case where Bittrex is gonna have to cough up the deets on a user.
Meet the latest #CryptoCaselawMinute!
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Meet the latest #CryptoCaselawMinute!
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Medium
Crypto Caselaw Minute #25–2/28/2019
This week we have a partnership that fell apart, a follow-up lawsuit to a previous mining related lawsuit, and a case where Bittrex is…
A popular idea among crypto enthusiasts is that large institutional investors will soon come to the market in droves of dozens, invest billions of dollars, and take the industry to the moon. This “soon” has been lasting for several years and is always being postponed. But, in February, a significant event occurred for the first time, as two U.S. pension funds invested in cryptocurrencies. What is the significance of a new venture fund for the crypto market? Does its appearance mean that institutional investors did not lose interest in the industry against the background of a prolonged bear market? DeCenter tried to figure it out.
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decenter.org
Institutional Investors and Crypto Markets: How Their Relationship Is Developing
While cries echo about the arrival of institutional investors, they are already investing in the crypto market.
Auctionity 360, or AY 360, is an application for tracking lots and participating in public auctions from the cryptocurrency firm Auctionity, which is owned by the blockchain-based company DomRaider. The French company launched its website last year, and it has become quite a popular platform for holding auctions in European countries, so, for convenience, Auctionity has developed apps for smartphones that are available for download on Android and iOS.
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decenter.org
AY 360: Review of the Application for Crypto Auctions from the Auctionity Platform
Auctionity, a blockchain-based auction platform that has yet to migrate properly to mobile devices.