Tag: bitcoin

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Beta Voice of EOS Developer Block.one Is Not for Everyone Yet

Block.one CTO Dan Larimer during the announcement of Voice in June 2019. Tomorrow, Block.one, the company behind the EOS blockchain platform, will be launching the beta version of their decentralized social media platform, Voice. It comes with limitations though. As promised back in December, Voice Beta – a rewards-based platform for creating, distributing, and  Read…
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Samsung Plays Hide-and-Seek Galaxy S20 With the Cryptoverse

The Galaxy Unpacked 2020 event in San Francisco on February 12. Samsung has finally unveiled its new flagship smartphones, including the latest Galaxy devices, the S20, and the Z Flip, a foldable smartphone. But crypto-keen observers waiting to see if the new phones would be fitted with a blockchain wallet have been left hanging, with…
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Crypto Lending Startup BlockFi Raises USD 30M, Plans Singapore Office

Zac Prince, co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives Following the millions raised in the series A funding, major U.S.-based cryptocurrency lending startup BlockFi sees almost 64% more in funding just six months later. Also, they’re about to open a Singapore office. The company announced that it has raised USD 30 million…
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Cosmetics Giant AmorePacific Takes the Blockchain Plunge + More News

Source: a screenshot, Instagram/amorepacific_us 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. Adoption news South Korean cosmetics behemoth AmorePacific has joined the Kakao Group’s Klaytn blockchain governance council. The company is the world’s 14th-largest beauty  Read more »Pay, Trade,…
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‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec

Chainalysis, a provider of crypto transaction data for IRS and FBI, does not think that privacy coins are bad despite not being able to fully track them. A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad. Despite representing one of the primary sources…
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SBI Crypto Subsidiary Partners With Northern Data on Mining Project

Financial services giant SBI Holdings’s subsidiary is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. The partnership was revealed in a…
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Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet

Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in an official Ripple document on Feb. 10. Still, the partnership must be well over a month…
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Wells Fargo Joins Elliptic’s Series B Investment Round

Wells Fargo’s investment branch added $5 million to Elliptic’s Series B round, which will help fuel Asian expansion and the development of a compliance solution for banks. Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb.…
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Crypto Exchange Model Disruptor FCoin Reports ‘Severe’ Damages, Data Loss

Source: iStock/traffic_analyzer Something is happening over at FCoin, a Chinese crypto exchange, and it resulted in the mysterious case of missing data. Meanwhile, the exchange opened a withdrawal process. FCoin was founded by the former CEO of Huobi exchange, Zhang Jian. It’s said to be the pioneer of the trans-fee mining model, and it was…
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IRS Does Not Consider Fortnite Money as Virtual Currency After All

Video game currencies have been stricken off an official IRS guidance as examples of virtual currencies, as the agency ups its scrutiny of crypto transactions. The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important as a new tax filing…
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