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11/03/2018 08:05 AM
Overstock Ups Investment in Bitt, Furthering Digital Currency Issuance by Central Banks
Today, Overstocks Medici Ventures doubled down on its investment in the realm of digital currency for central banks. The additional $3 million dollar investment in Caribbean blockchain-based digital payment provider Bitt.com signals a reaffirmation of Overstock and Medicis belief in the ability of digital currencies to become the de facto means of payment transactions.Medici Ventures originally invested $4 million in the Barbados-based fintech company in 2016. At the time of the initial inves

11/03/2018 08:05 AM
Japan Toughens Oversight, Penalizes Cryptocurrency Exchanges
In its most sweeping crackdown yet, a Japanese regulator has penalized seven cryptocurrency exchanges, requiring two to halt operations for one month. Japans Financial Services Agency FSA announced today, March 8, 2018, that it came down on the exchanges due to their failure to provide proper internal-control systems. All of the exchanges were ordered to step up efforts to improve security and prevent money laundering.Business suspension orders were issued for FSHO and Bit Station, effective

11/03/2018 08:05 AM
Russian IT Giant Mail.Ru Enables Bitcoin and Bitcoin Cash Payments
One of the biggest Russian IT holdings, Mail.Ru Group, is allowing advertisers and the owners of advertising sites to pay and be paid with cryptocurrencies on the advertisement platform myTarget. Mail.Ru Group is the worldwide technology company which unites three big social networks Vkontakte, Odnoklassniki and My World ICQ messenger mobile ads service Youla popular online games Warface, Allods Online, Armored Warfare and Skyforge food delivery platform Delivery Club and ridesharing service

11/03/2018 08:05 AM
MetaMask Lets You Visit Tomorrows Distributed Web in Todays Browser
One of the most promising concepts of second-generation blockchains is that of dApps or decentralised applications. These are apps built on top of a blockchain. To date, few have made the headlines with the exception, perhaps, of CryptoKitties, but there is a an increasingly large amount being pushed to the Ethereum mainnet, and even more in the works State of the Dapps lists a range of projects in various stages of development.MetaMask will let users interact with these dApps using only the

11/03/2018 08:05 AM
Op Ed Could an Amazon Token Become a Viable Worldwide Cryptocurrency
Combining the benefits of a utility-based cryptocurrency and a company that exhibits the characteristics of a power law network creates the perfect opportunity for a globally adopted cryptocurrency the Amazon Token.Amazons Full-Circle EconomyIn this hypothetical futuristic scenario, Amazon extends on the suite of products and services it provides customers in 2018 including online shopping, physical grocery, web services, artificial intelligence, internet of things, video and music streaming

11/03/2018 08:05 AM
Week in Review Defining Moments in Cryptocurrencies
While Japan has been cracking down more on cryptocurrency exchanges recently, we see the state of Wyoming opening things up to make the state more attractive to the technology. At the same time, the SEC defined ICOs as money transmitters and crypto exchanges as money exchange businesses. It is rapidly becoming easier to run afoul of these quickly changing clarifications and find yourself in hot water.On the lighter side, words such as cryptocurrency, blockchain and ICO are joining Bitcoin in

08/03/2018 02:10 PM
De Soto Inc. Where Eminent Domain Meets the Blockchain
Just as a countrys borders drawn on a globe arent often exact, neither are the lines drawn on individual properties around much of the world. De Soto Inc., a socially-conscious joint venture between Overstock.com subsidiary Medici Ventures, Overstock founder Patrick Byrne and world-renowned Peruvian economist Hernando de Soto, has plans to solve the problems of property titles with a developed global property registry system utilizing decentralized blockchain technology.The vision of de Soto

08/03/2018 02:10 PM
Cryptocurrency News Round-Up From Russia Highlights
This is the first in a series of weekly news highlights about blockchain technology and cryptocurrency in Russia. Last weeks headlines included an endorsement of blockchain technology from President Putin, tax exemptions for cryptocurrencies and a legal decision that prevented the seizure of cryptocurrency assets in a bankruptcy case.Putin Endorses Technological Development in RussiaDuring his conversation with Herman Gref, the head of Russias largest bank, Sberbank, Russian President Vladimi

08/03/2018 02:10 PM
Wyoming Blockchain Bill Rockets Ahead for Signing
In a landmark development for blockchain advancement, Wyomings state legislature has cleared what is known as House Bill 70 HB 70, which exempts various types of crypto assets from securities laws. The bill was originally passed by Wyomings House of Representatives last month on February 20. It is now headed to Governor Matt Mead for signature. According to public records, it passed by a vote of 273, with no senators abstaining. This final vote, which was expected to occur last week, was held

08/03/2018 02:10 PM
Cryptocurrency, Blockchain and ICO Make Their Merriam-Webster Dictionary Debut
Anyone needing an established definition for cryptocurrency, blockchain or ICO now has a trusted resource the Merriam-Webster Dictionary. On March 5, 2018, Merriam-Webster announced the addition of 850 new words, phrases and new meanings for existing words to merriam-webster.com and to the Merriam-Websters Collegiate Dictionary print edition.n Oh hey. Cool news. We added 850 new words to the dictionary! https//t.co/eyYWKHKzk7&mdash Merriam-Webster MerriamWebster March 5, 2018nnnnnnnnnn

08/03/2018 02:10 PM
Slush Pool is Now Compatible With AsicBoost Bitcoin Miners
Slush Pool, Bitcoins first and oldest mining pool, announced support for AsicBoost today, March 6, 2018. Slush Pool users that have the technology embedded in the application-specific integrated circuit ASIC chips in their mining hardware can connect to the pool to mine more efficiently and, thus, more profitably.The protocol extension we propose and already implemented allows miners to use overt AsicBoost over stratum protocol, which was not yet possible, Slush Pool CTO Pavel Moravec told Bi

08/03/2018 02:10 PM
Halong Mining Is the First Bitcoin Mining Hardware Producer to Implement Overt AsicBoost
Halong Mining announced today, March 7, 2018, that it is embedding AsicBoost in its DragonMint mining hardware. Halong Mining is able to do so because it joined the Blockchain Defensive Patent License BDPL, giving them access to the patent-pending technology, which utilizes a trick called version rolling. With AsicBoost, the DragonMint machines should be up to 20 percent more energy efficient than they would otherwise be.We have produced and will continue to produce a significant amount of ve

08/03/2018 02:10 PM
FinCEN Deals Major Regulatory Blow to ICOs and Exchanges
The U.S. Securities and Exchange Commission SEC has been proclaiming for a while that initial coin offerings ICOs are securities. Now, in the latest regulatory backlash against ICOs, the federal bureau charged with enforcing the nation's laws against money laundering has decided that, effectively, anyone who sells tokens is an unregistered money transfer business. Financial Crimes Enforcement Network FinCEN made public a letter on March 6, 2018, that Drew Maloney, FinCEN's assistant

08/03/2018 02:10 PM
Stablecoin TrueUSD Is Now Trading on Bittrex
TrustToken has launched trading for TrueUSD, the first independently verified asset-backed stablecoin on the market that fixes its value to the U.S. Dollar. TrueUSD TUSD is live on the cryptocurrency exchange Bittrex.TrustToken is proud to launch TrueUSD so that traders can easily and quickly trade into a stablecoin that is 100 percent USD collateralized and independently verified by third-party accountants, said Danny An, co-founder and CEO of TrustToken. The market has demonstrated that the

08/03/2018 02:10 PM
Civic and Votems Partnership Accelerates Blockchain-Based KYC Process
Identity verification is paramount to global freedom and citizen access to public services. We see many examples of this today in terms of how barriers to documentation adversely impact issues like democratic voting processes, especially among homeless communities and refugee settlements.Todays developments in blockchain technology are now enabling solutions to these and many other verification issues. The use of distributed technology shows promise as a more robust, cost-effective mechanism

08/03/2018 02:10 PM
Kenyas Government Task Force to Explore Blockchains for Land and Education
Private companies, as well as national and local governments, have all caught media attention for announcing some kind of investigation or at least interest in the blockchain. Of course, one of the most notorious examples of this was Long Island Iced Tea Corporations pivot to Long Island Blockchain Corporation.On February 28, 2018, the Kenyan government announced it will appoint a task force to explore the use of distributed ledger technology and artificial intelligence over the course of a t

27/02/2018 02:20 AM
Bringing Renewable Energy to the World Using Blockchain Technology
Modern energy services are vital to human well-being and to a countrys economic development, yet according to the International Energy Agency IEA, globally 1.2 billion people lack access to electricity. Its thought that around 95 percent of these people are in either sub-Saharan Africa or developing Asia, with 80 percent in rural areas.Ethereum-based platform ImpactPPA is attempting to turn on the lights using the power of the blockchain.Selected as one of the top three most promising ICOs at

27/02/2018 02:20 AM
Nokia Launches Blockchain-Powered IoT Sensing as a Service for Smart Cities
Nokia is launching a set of services, based on Internet of Things IoT, data analytics, and blockchain technologies, for economically and environmentally sustainable smart cities.In the emerging IoT, billions of connected devices and sensors will generate vast amounts of data. Smart cities will need to retrieve, process, interpret and act upon real-time environmental data in a timely manner to ensure they remain sustainable environments for their citizens. To enable efficient IoT ecosystems fo

27/02/2018 02:20 AM
Bitcoin Price Analysis Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure
After seeing a rally to the $11,000s, bitcoin has managed to pull back to the $9,000 range and has left many bullish investors confused. The initial bullish rally seemed promising as it broke the macro, descending channel that governed much of the market over the last two monthsFigure 1 BTC-USD, 6-Hour Candles, Descending ChannelThe breakout of the descending channel red dotted channel gave hope to many bullish investors as it seemingly signaled the end of the downtrend and perhaps the beginn

27/02/2018 02:20 AM
Riot Blockchain Gets Hit by Another Shareholder Lawsuit
After changing its name to Riot Blockchain in October to include the word blockchain, the public company watched its stock skyrocket from $8 a share to more than $38 during a cryptocurrency rally at the beginning of the year.The first significant problem was the company did not have any real focus on blockchain technology. Before October, Riot was known as Bioptix, a maker of diagnostic machinery for the biotech industry. The company also changed its ticker symbol to RIOT from BIOP.Another pr

27/02/2018 02:20 AM
Week in Review for February 23, 2018 Sidechains, Stings and Venezuela
In the past week, news from Venezuela was at the forefront, where crypto mining is way up due to cheap electricity. But their stab at launching their own crypto, the Petro, is not looking like a great plan so far.Good news in regulation, however, is coming from the state of Wyoming as the House unanimously passed two pro-blockchain bills, with five more in the pipe.On the technological front, researches think they have solved a big part of the sidechain puzzle and have published a detailed pa

27/02/2018 02:20 AM
Bitcoin Core 0.16.0 Is Released Heres Whats New
Today marks the official release of Bitcoin Core 0.16.0, the 16th generation of Bitcoins original software client launched by Satoshi Nakamoto a little over nine years ago. Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed by some 100 contributors over a span of five months.As is usual for new releases, Bitcoin Core 0.16.0 includes performance improvements, bug fixes and other optimizations. This release in particular includes several adde

27/02/2018 02:20 AM
Chinese E-Commerce Giant JD.com Launches Blockchain Accelerator
Chinese e-commerce company JD.com, a member of the Fortune Global 500 headquartered in Beijing, is launching AI Catapult Accelerator AICA, an accelerator program designed to unlock the transformative potential of startups demonstrating cutting-edge talent in the blockchain space.JD.com is one of the two largest business-to-consumer B2C online retailers in China by transaction volume and revenue, and a major competitor to Alibaba-run Tmall. As of September 2017, JD.coms platform, often referre

27/02/2018 02:20 AM
European Commission Urges Nations to Embrace Blockchain Tech but Address Risks
Following remarks made by Valdis Dombrovskis, vice president of the European Commission EC, after a roundtable on cryptocurrencies, it appears that the European Union EU is prepared to take steps toward regulating cryptocurrencies.While acknowledging that European nations should embrace blockchain technology in order to remain competitive in financial markets, Dombrovskis also cautioned that they should be taking steps to protect their citizens from hazards in the cryptocurrency space.Based o

27/02/2018 02:20 AM
Circle Leaps Into Exchange Business With Poloniex Acquisition
Circle, a mobile payment app company backed by Goldman Sachs, has announced it is buying U.S.-regulated cryptocurrency exchange Poloniex Inc. a move that will transform Boston-based Circle into one of the biggest players in the industry.According to Fortune Magazine, Circle paid $400 million for the exchange, which handles a trading volume of around $1.5 million per day. Up till now, Circle had three main products Circle Pay, a mobile app that allows users to hold, send, and receive traditio

27/02/2018 02:20 AM
Op Ed What Do We Mean When We Talk About the Blockchain Ecosystem
Ethereum has just announced its Ethereum Community Fund ECF grant program, an initiative launched by a collection of major players in the Ethereum world that is designed to accelerate the development of blockchain infrastructure apps and services. The stated aim of the ECF is to bring about an environment where teams and ideas can thrive, grow, and collaborate to become essential and functioning pieces of the broader Ethereum ecosystem.All of this raises the question of what exactly we mean w

12/02/2018 09:10 PM
Report Suggests Global Spending on Blockchain Tech Could Reach $9.2 Billion by 2021
Blockchain technology can revolutionize the way in which businesses provide services to both consumers and to other organizations. From building digital trust over a completely transparent ledger, to allowing participants to quickly interact via a peer-to-peer network, blockchain technology is proving to be a solution that will drive the next phase of digital transformation. This in mind, enterprises and companies are spending more money than ever before on blockchain solutions.According to I

12/02/2018 09:10 PM
Sora Foundation Wants to Build a Better Blockchain Community in Asia
Ask most, and youll hear the opinion that Asia is a minefield when it comes to cryptocurrency. The mere mention of regulatory action on the already-volatile markets sends the price of bitcoin and consequently altcoins into a nosedive. One need only look at the recent South Korean dilemma or Chinas ongoing aversion to cryptocurrency to confirm this. Clearly, the continents role in this emerging digital realm should not be underestimated.The attempts by certain governments to ban the exchange o

12/02/2018 09:10 PM
Po.ets Frost Launches Blockchain-Based Solutions for Bloggers, Content Creators
If you are one of the 81 million people who use WordPress to publish content, youll soon be able to automatically timestamp your works within the WordPress content management system using the new Po.et plugin.February 8, 2018 marked the launch of Frost, an open API and set of developer tools from Po.et that will enable content publishers and developers to more easily register their creative works on the blockchain. The new API will enable integrations and decentralized applications, including

12/02/2018 09:10 PM
Japanese Exchange bitFlyer Approved to Operate in Illinois
Japan's largest Bitcoin and blockchain company, bitFlyer, has now received an official license to operate in the state of Illinois.After receiving a BitLicense to operate as a virtual currency exchange in New York in November 2017, the Tokyo-based company has now received approval to operate in 44 states and territories. On January 22, 2018, bitFlyer announced its expansion into Europe, after being granted a Payment Institution PI license to operate in the European Union. This announceme

12/02/2018 09:10 PM
Chinas Stricter Regulatory Stance on ICOs Signal Caution, Not Calamity
On February 4, 2018, at 1010 p.m. China Standard Time, Financialnews, a rather small news agency under the administration of Chinas central bank, the Peoples Bank of China PBOC, released an article that explicitly stated that China will continue to watch virtual currency and activities related to it closely, and will take actions including shutting down commercial presences and exchanges within Chinas territory to uphold Chinas financial stability.This is the first time that China has sent a

12/02/2018 09:10 PM
Bitcoin Price Analysis Bearish Continuation Pattern Could Signal End of Bullish Rally
Over the last couple weeks, bitcoin has seen a dramatic drop in price dropping from $20,000 to $6,000. Shortly after bottoming at $6,000, hopeful investors jumped at the chance to catch a discounted coin. Is this rise sustainable and does it mark the end of the drastic correctionLets take a look at the macro trendFigure 1 BTC-USD, 1-Day Candles, Macro TrendOne of the most concerning things regarding the health of this trend is the breakdown of both the parabolic and linear trends. Both trends

12/02/2018 09:10 PM
Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges
Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities.In an announcement today, Hong Kongs Securities and Futures Commission SFC said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings ICOs, warning them about the legalities of selling digital tokens with the characteristics of securities. Most of those receiving the letter confirmed compli

12/02/2018 09:10 PM
Vermont Lawyer Warns of Legal Complications Ahead for Cryptocurrency Miners
Are miners the nodes on a blockchain that process transactions partners in a company And, if they are deemed partners, and a cryptocurrency project collapses leaving coin holders holding the bag, what legal construct is in place to protect miners from lawsuits One Vermont lawyer sees a nightmare unfolding.Stepping back a few steps, last month, several news sites ran stories about proposed legislation S.269 in Vermont put forth by Senator Alison Clarkson on January 3, 2018. Most focused on t

09/02/2018 08:25 PM
Our process for adding new assets

09/02/2018 08:25 PM
Customer support failure is not an option

09/02/2018 08:25 PM
Introducing Tina Bhatnagar walking the talk on Customer Service

09/02/2018 08:25 PM
Coinbase Product Update February 5, 2018

09/02/2018 08:25 PM
Improving identity verification on Coinbase

08/02/2018 02:25 AM
SEC and CFTC Give Testimonies at Senate Hearing on Virtual Currencies
Today, February 6, 2018, the prospects for coherent U.S. regulation on cryptocurrencies became a little more clear, as were the impasses that were frustrating progress on the issue. The Senate Committee on Banking, Housing and Urban Affairs the Committee heard joint testimony from the heads of both the Securities and Exchange Commission SEC and the Commodity Futures Trading Commission CFTC. While both the SEC Chairman Jay Clayton and CFTC Chairman J. Christopher Giancarlo provided written tes

08/02/2018 02:25 AM
Twitter Account of Prolific Bitfinex and Tether Critic Suspended
The Twitter account of Bitfinexed, the pseudonymous online critic of the worlds largest Bitcoin and cryptocurrency exchange, was suspended today. The blogger says his tweets were being reported and his account was being spammed with hundreds of thousands of fake followers, and he thinks Bitfinex is behind it. Bitfinex nor its public relations firm, 5W, immediately responded to a request for comment. An unregulated exchange, Bitfinex handles around $2 billion in bitcoin and cryptocurrency trad

08/02/2018 02:25 AM
Warning Signs A Timeline of Tether and Bitfinex Events
Concerns are growing as to whether tether USDT, the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny by U.S. regulators is doing nothing to allay those fears. As of this writing, the number of USDT in circulation is 2.2 billion. That means Tether should have a matching number of dollars in one or several bank accounts. But, so far, no external audit has been conducted to show the money actually exists. Tether is owned and operated by the same individual

07/02/2018 01:10 AM
Mexicos Vicente Fox Invites the Blockchain Community to Join His Yellow Revolution
Former President of Mexico Vicente Fox was part of a panel discussion at the Blockchain Economic Forum in Singapore on February 5, 2018, and had a number of insights on blockchain technology generally and how Mexico might make use of it to help curtail corruption and rein in the drug trade.While President Fox openly admitted that he doesnt understand blockchain technology that well at this point learning more about it was a big reason he went to the conference, he does see the incredible pote

07/02/2018 01:10 AM
SEC Chairs Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned
The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission SEC, was released on February 5, 2018. It comes ahead of the chairmans oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of Virtual Currencies The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission. Usually the written testimony closely mirrors the language we

07/02/2018 01:10 AM
Bitcoin Price Analysis Bitcoin Bulls Find Respite Along Major Support Lines
Over the last week, bitcoin has seen an aggressive markdown from the $12,000s to the $6,000s a 50 move in 7 days. Right now, a battle between the bulls and the bears is under way as the market is trying to decide if todays rally is a temporary bottom or a decisive end to the aggressive bitcoin bear marketFigure 1 BTC-USD, 1-Day Candles, Macro TrendTo date, the market has broken number lines of support including the daily 200 EMA. The daily 200 EMA has been a strong support for the last few y

03/02/2018 02:50 PM
Toronto Councillor City Should Be Ahead of the Wave of Blockchain Tech
Toronto City Council voted today to invite the public to make deputations to the City Executive on March 19, 2018, about why and how blockchain technology and new cryptocurrencies can be integrated into the way the city does business.The motion was introduced by Councillor Norm Kelly, who believes that Toronto is already well on the way to being an international innovation hub, and that the use of blockchain technology and cryptocurrencies could fast-forward this process.In an interview with

03/02/2018 02:50 PM
Blockchains Greatest Impact Will Be in Developing Countries, Says UPenn Lecturer
Most of the attention, flurry and investment around blockchain technology is in the West, where people are investing in cryptocurrencies and focused on a slew of novel applications, like using a blockchain to track vegetables from the field to store shelves. But the greatest impact of blockchain technology will be in developing countries, such as Zimbabwe and Venezuela. At least, that is the view of David Crosbie, a lecturer at the University of Pennsylvania. He thinks blockchain technology w

03/02/2018 02:50 PM
NIST Blockchain Report Examines the Tech Behind the Hype
The National Institute of Standards and Technology NIST has issued a report titled Blockchain Technology Overview. The report, intended to provide a high-level technical overview, discusses the application of blockchain technology to electronic currency in depth, and also discusses its broader applications.We want to help people understand how blockchains work so that they can appropriately and usefully apply them to technology problems, said NIST computer scientist Dylan Yaga, who is one of

02/02/2018 01:25 AM
Square's Cash App Adds Option to Buy and Sell Bitcoin
Squares 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 itsstock hasclimb 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 with no additional fees being

02/02/2018 01:25 AM
Cryptocurrency Regulation in 2018 Where the World Stands Right Now
This article originally appeared on Bitcoin Magazine.