Coinbase Neutrino Acquisition Reveals History Of Spying and Gov’t Data Selling

Cryptocurrency exchange Coinbase is facing an increasing publicity nightmare after it emerged the CEO of a company it took over sold private user data to governments. Coinbase: Neutrino ‘Will Help Prevent Theft’ Announced February 19, Coinbase now owns Italian blockchain surveillance startup Neutrino, having acquired the company for an undisclosed sum. “By analyzing data on public […]

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You Can Now Buy Bitcoin At The Post Office In Liechtenstein

The national post service of the small European country of Liechtenstein has confirmed it will now offer Bitcoin (BTC) sales as part of its product range. Liechtenstein Post: Bitcoin Exchange ‘No Different From Fiat’ In a press release, Liechtensteinische Post confirmed that as of February 15, anyone could exchange fiat currency for Bitcoin at its […]

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Coinbase Cloud Storage For Private Keys Generates Wide-Scale Backlash

Cryptocurrency users and business figures alike are reacting with suspicion to a bizarre new security feature unveiled by US exchange Coinbase this week. Back Up Your Funds With ‘Just A Password’ In a blog post February 12, Coinbase announced traders and wallet holders could now store a back-up of their private keys using iCloud or […]

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Binance CEO Waiting for Elon Musk to Take Bitcoin Lightning Torch

Cryptocurrency exchange Binance’s CEO has renewed calls for Tesla founder Elon Musk to participate in a Lightning Network project begun by Bitcoin users. A Week Of Musk-Lobbying In a tweet February 10, Changpeng Zhao advocated Musk as the next participant in Lightning Torch, a relay transaction circulating through the Network since January. Aiming to test […]

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NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs

The New York State Department of Financial Services (NYDFS) has granted yet another Virtual Currency License (BitLicense) to one more NY-based bitcoin ATM company. Cottonwood Vending Gets the Green Light In a tweet on the official page of the NYDFS, the regulator announced that it has granted a BitLicense to Cottonwood Vending LLC, a Bitcoin […]

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Fidelity’s Bitcoin Custody Service Set For Launch in March

Fidelity Digital Assets is planning to launch its Bitcoin Custody Service as soon as March, according to industry insiders. Commenters widely expect the move to break down one of the final barriers to institutional investment in Bitcoin. Custodial Sentence Three months ago, Fidelity Investments, the world’s fourth largest asset manager, announced its digital offshoot and […]

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Novogratz’s Galaxy Digital Seeks $250M to Fund Crypto-Collateralized Loans

Reports indicate that Galaxy Digital is looking to raise $250 million to fund loans to cryptocurrency companies. Cryptocurrency Bank Set for Fundraising Round According to Business Insider, the cryptocurrency bank wants to offer cryptocurrency-collateralized US dollar loans to companies operating in the industry. Anonymous sources reportedly familiar with the project say Galaxy will accept crypto-assets as […]

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Blockstream Satellite Broadcasts First Message From Mysterious Bitcoin User

Cryptocurrency figures were sharing a sense of excitement January 24 after a mystery user broadcast a message on the Bitcoin blockchain via Blockstream’s satellite network. ‘Straight Out Of Bladerunner’ Blockstream, which launched its network of satellites to allow Bitcoin users to transact without an internet connection, has yet to provide official comment on the event, […]

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.9 million). The “monstrously large” […]

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Australian Bitcoin ATM Startup Says Its Raking in $360,000 Per Week

A Bitcoin ATM company from Australia has reported a weekly turnover of $500,000 AUD (roughly $360,000 USD) despite the cryptocurrency bear market.  $360,000 Weekly Turnaround Auscoin, an Australian bitcoin ATM company, has reported a weekly turnaround of $360,000 in 2018. According to the reports, it’s currently operating 31 ATMs throughout Australia but it’s planning to […]

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