Namebase and its blockchain Handshake have officially gone live, allowing their users to send funds to a simple name, instead of a complicated address. Handshake is a decentralized, permissionless naming protocol compatible with DNS (Domain Name System, a hierarchical and decentralized naming system), created by Namebase, an exchange, cloud wallet, and registrar for Read more…
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BitPay restores service to all Bitcoin wallets upon the request of merchants looking to drive mainstream adoption of cryptocurrencies. The leading provider of Bitcoin (BTC) and cryptocurrency payment services, BitPay, announced on Feb. 4 that the company will soon allow invoices to be paid from any Bitcoin wallet or exchange. BitPay CEO Stephen Pair told…
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Fourteen of Japan’s biggest banks and securities companies will begin running a pilot for a blockchain-powered inheritance platform. The pilot, which is being spearheaded by the Sumitomo Mitsui Trust Bank, will begin in mid-February. If successful, financial institutions in the country could aim to roll the solution out before the end of 2020. Per Nikkei,…
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Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to…
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Binance’s futures platform is launching a Zcash–Tether perpetual contract with maximum leverage of up to 50x. Binance’s futures platform is launching a Zcash (ZEC)–Tether (USDT) perpetual contract with maximum leverage of up to 50x. An announcement from the exchange on Feb. 4 revealed that trading for the new ZEC/USDT contract will go live at 8.00…
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It appears that traditional financial advisors – ”who manage roughly half of all wealth in America” – are becoming increasingly enthusiastic about digital assets, such as Bitcoin (BTC). In a piece published on accounting firm EisnerAmper LLP’s website by New York-based financial advisor Dara Albright, a number of developments were highlighted to show how Read…
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Financial services firm Mode, which is backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin banking app on iOS devices. Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices. The British company made its app available globally, with the exception…
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South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul. Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association, one of the country’s largest associations of cryptocurrency and…
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Bitcoin SV underwent a network upgrade that raised or removed almost all existing limits, but the old chain continued to exist as it added one block. Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions…
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News that BitMEX will launch a new XRP product fails to boost price performance as the platform’s CEO appears to mock the decision. Controversial altcoin XRP has finally launched on crypto derivatives giant BitMEX — but so far, its price has failed to react. In a tweet on Feb. 3, BitMEX confirmed it had decided…
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