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Turkish Bank’s Blockchain Platform for Digital Gold Transfers Goes Live

Turkish Takasbank has launched its BiGA Digital Gold platform to provide banks with a blockchain-based system for digital gold transfers. Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance,…
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Cryptonews Rewind 2019: Q4 – China, War of Money, IPOs & Arrests

Here is what happened in the Cryptoworld in the last quarter of this year and this decade: Total crypto market capitalization in Q4 October We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are in for…
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Unexpected Ethereum Muir Glacier Upgrade Finds 74% of Clients Ready

With less than two days left to the ninth Ethereum upgrade, Muir Glacier, majority of the node operators are ready for it. As previously reported, Ethereum is forced to have another hard fork less than a month after the Istanbul upgrade, due to a mistake, and in order to delay the feature known as the…
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Japanese Education Chiefs Charged over Crypto Deal + More News

Source: iStock/D-Keine Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Osaka prosecutors have charged Meijo Gakuin Educational Corporation executives with embezzlement, claiming they over misappropriated local education authority funds. Per Nikkei, a former  Read more »Pay, Trade,…
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Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip

Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards USD 7,350 and USD 7,550. On…
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BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%

BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin…
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COSO to Release Guidance on Blockchain for Businesses Aiming to Deploy Tech

The Committee of Sponsoring Organizations of the Treadway Commission is planning to release guidance on blockchain for companies looking to deploy the technology. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is planning to release guidance on blockchain for companies looking to deploy the technology. As The Wall Street Journal reported on Dec.…
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$1M Bond to Keep Alleged North Korea Sanctions Violater Griffith in Alabama for Now

Ethereum researcher turned North Korea advisor has been released on a $1 million bail, and is allowed to travel but will have to stay out of California. After having been denied bail on Dec. 26, Ethereum foundation researcher Virgil Griffith has now been released on a $1 million bond on the condition that he stay…
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China Is Opening Doors to Blockchain — Private and Public

Chinese President Xi publicly supports blockchain development in the country. The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries. Shortly after the…
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IOTA Fixes Issue After Freezing Mainnet Transactions for 24 Hours

Users of IOTA, the 24th biggest crypto by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. Users of IOTA, the 24th biggest cryptocurrency by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. According to an…
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