October 10, 2019

KickRef Has Got 20k+ Users in First Two Days, 40k Users in a Week

KickRef, first really multi-level referral program on the crypto market, has reached over 20 000 users just in 2 days after its start on September 28. After a week since its launch, the number has surpassed the 38 000 registrations mostly coming from USA, Russia and Turkey. Developed by Kick Ecosystem team, 10-level KickRef program...
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Coinbase Custody Will Support Telegram’s GRM Token At Launch

The major US based cryptocurrency exchange and wallet provider Coinbase (and its custodian Coinbase Custody) is in the cryptonews for its recent announcement that it will provide custodial support for the new and upcoming cryptocurrency released by the popular encrypted messaging service Telegram. The exchange published a blog post on October 10 which showed that...
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Bitwise Will Refile Its BTC ETF Proposal “As Soon As Appropriate”

After the news showing that Bitwise was rejected by the United States regulators for its Bitcoin exchange-traded fund (ETF), we can see that the company made a decision and that Bitwise will refile their application for an exchange-traded fund. A press release published on October 9 first hinted that while the company refused their ETF...
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Food, Shelter and Clothing: Bitcoin Cash Charities Making a Global Impact

Eatbch, the unique charity movement providing assistance in the form of community-delivered meals fueled by Bitcoin Cash, continues to serve Venezuela and South Sudan, and is now expanding its connections. The South Sudan Eatbch group just announced they are working with local activists to help shelter and provide for orphans, while across the ocean another...
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Bank Of America Apparently Hired A Dedicated Ripple Specialist

The UAE Social Ministry of Community Development (MOCD) will soon host a competition for developing blockchain software in the social sector. As the latest blockchain news today show, this is a major development for applications of this type. Everything started when the MOCD announced the “Social Blockathon” competition with a total prize fund of $16,300...
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Ripple Price Analysis: XRP Tumbles At $0.30 Resistance, What’s Next?

XRP saw a small decline of around 3% over the past 24 hours and it currently trades at $0.2705. The cryptocurrency has started to pull back slightly after surging by 9% over the past week of trading. During the first week of October, XRP has been performing very well as it attempts to make its...
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Take Note of the Republic of Title III: Compliant Crowdfunding Beyond Crypto

Republic is an investment platform that enables anyone to invest in startups: accredited or otherwise. The company has today announced the expansion of its Note reward token program. Five companies have already raised equity to the tune of $1 million each. The SEC-registered, FINRA-licensed Republic platform is a member of the startup platform ecosystem that...
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Reddcoin Embraces ‘Incentivization Of Decentralization’ With Upgraded Consensus

In an effort to boost network growth and stability, Reddcoin announced the rollout of a New Enhanced Proof of Stake Velocity Protocol, or Enhanced PoSV v2. The latest revision of the protocol is set to go live in late October at block three million of the RDD blockchain. It is designed to provide enhanced network...
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SEC Rejects Bitwise’s Bitcoin ETF Proposal

Like many that came before it, Bitwise’s bitcoin exchange-traded fund (ETF) aspirations have fallen by the wayside. This comes just three days after Bitwise’s Head of Research told CNBC that “We’re closer than we’ve ever been before to getting a bitcoin ETF approved.” The asset management firm filed this bitcoin ETF proposal in January 2019...
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Official: Alipay to Ban All Bitcoin-Related Transactions

Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencies
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CFTC Declares Ethereum’s Ether A Commodity

The new Chair of the CFTC – Commodity Futures Trading Commission – has declared today that Ether (ETH) is a commodity – leaving the door open to a plethora of newly regulated derivatives products on platforms like the Cboe. “It is my view as chairman of the CFTC that ether is a commodity,” said CFTC...
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Hold On, Apple: Sources Hint At Google’s 5G Pixel 4 Handset Announcement

Photo: Maurizio Pesce / Flickr Google is all set to take an edge over its competitors at the upcoming Pixel 4 launch next week. According to the Nikkei publication, Google’s Pixel 4 and Pixel 4 XL handsets will come with 5G compatibility and its production has already started. The publication said that the search giant...
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Bakkt Bitcoin Futures Trading Up 3,100% Since First Day

The Bakkt platform is starting to build momentum after a disappointingly uneventful launch. On Thursday 10 October, the exchange reported 224 BTC contracts had been traded, which equates to around $1.83 million. That figure is 3,100% higher than the mere 7 Bitcoin contracts that were traded on the very first day, only 2 weeks ago. ...
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Scam-game: Clone website emerges to prey on users of Bitcoin payment processor, CoinGate

January 2018: the golden age of the cryptocurrencies. The age when everyone wanted to have a stake in the market, make a quick buck, and become the next billionaire to be featured on CNBC or Bloomberg. The golden age has now become a tale of ‘Once upon a time,’ with the hopes and dreams of...
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Jay Clayton’s SEC Will Never Approve a Bitcoin ETF: US Counsel

The US Security and Exchange Commission (SEC) under the leadership of Chairman Jay Clayton will never approve a bitcoin exchange-traded fund (ETF), believes Jake Chervinsky of New York-based Kobre & Kim, LLP.The general counsel noted that Clayton and his team look at bitcoin as an asset that remains “susceptible to manipulation and surveillance-sharing agreements.” So...
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Binance Coin Price Analysis BNB / USD: Upbeat

Binance Coin (BNB) remains bearish over the short and the medium-term horizon The four-hour time shows that a bullish breakout has occurred from an ascending triangle pattern A bearish death-cross is still underway on the daily time frame Binance Coin is on the rise, after the cryptocurrency staged a powerful double-digit rally alongside the recent...
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Ripple Expands its Outreach Signing Finastra Into Its RippleNet

Ripple Labs Inc enters into partnership with one of the leading global fintech firms Finastra in a win-win scenario for both parties. Ripple Labs Inc has taken one more step in consolidating its global remittances and payments network with a new partnership with London-based Fintech firm Finastra. The company announced this yesterday in a statement...
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Bakkt Bitcoin Futures Volume Soars Almost 800% in One Day

In an incredible and slightly confounding turn of events, Bakkt’s bitcoin Futures volume has soared as much as 796% to a new all-time high (ATH). This is a far cry from previous volumes and a bullish sign of revival for Bakkt following its lackluster beginnings. Launching some two weeks ago, Bakkt day one performance showcased...
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Korean blockchain firm ICONLOOP raises over $8M to grow digital ID service

ICONLOOP, one of the largest blockchain enterprises in South Korea and creators of the ICON blockchain, today announced that it raised KRW 10 billion (over USD 8 million) in Series A funding. Seven investment companies including Korea Technology Finance Corporation (KOTEC) and T.S. Investment participated in this round. With the new funding, ICONLOOP will focus on...
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Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection

The United States Securities and Exchange Commission (SEC), has published an official document describing its ruling on the application for a Bitcoin exchange-traded fund (ETF), filed by Bitwise Asset Management and NYSE Arca. In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset Management and NYSE Arca...
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Earn Coin for Holding Coin: Dai Savings Rate Coming Next Month

Hodl to steadily and stably earn, not hodl to hope: that’s the dynamic the Dai stablecoin is set to embrace next month. That’s according to Maker chief executive officer Rune Christensen, who announced at the Osaka-based Devcon 5 on October 9th that the Dai Savings Rate (DSR) — which will allow Dai holders to earn...
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UNICEF Rolls Out a Crypto Fund for Humanitarian Donations

The United Nations Children’s Fund (UNICEF), the arm of the UN tasked with providing healthcare and support services to children and mothers across the world, has officially opened its doors to cryptocurrency donations. Unveiled on October 9th, the new UNICEF Cryptocurrency Fund paves the way for the non-governmental organization — whose work itself is split among 36...
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Lukka adds 5 new firms to crypto accounting/data management ecosystem

October 10, 2019 26 Views Lukka, a bitcoin/crypto-asset accounting and data management platform, today announced new ecosystem connectors which include: Anchorage, Coinbase Custody, CoinRoutes, SFOX, and Tagomi. With this latest round of Lukka connectivity integrations, mutual customers of the newly connected custody platforms (Anchorage, Coinbase Custody), can leverage Lukka Crypto Office to visualize, report, and...
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Mark Zuckerberg in Washington: Facebook Chief to Talk Libra Before House

Although Libra is still months upon months away from its planned launch date, the project continues to generate more and more controversy. In a statement published Wednesday, Congresswoman Maxine Waters of California revealed that she has called on Mark Zuckerberg to testify on the cryptocurrency project at an October 23rd hearing of the House Financial...
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Fat Burger: Announces Tokenized Ethereum-Based $30 Million Bond

FAT Brands, the parent company behind Fat Burger which also (owns several other restaurant brands including Buffalo Wild Wings) will be partnering with a Coinbase-backed finance company to release a tokenized bond issuance on the Ethereum blockchain. As a partnership with Cadence, FAT Brands will be raising $30 million and splitting up the bond into...
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Breaking: Alipay Fires Back At Binance’s CZ, Will Stop Bitcoin Transactions

Yesterday the majority of cryptocurrency media outlets reported broadly on the fact that Binance, the world’s leading cryptocurrency exchange, allows people to buy Bitcoin peer-to-peer through on-ramps on Binance. When asked, Zhao confirmed that people can use Wechat and Alipay to do so. Almost immediately after that, however, Alipay came up with a complete refute...
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Russia Central Bank Says ‘No Obvious Need’ For National Cryptocurrency

Russian central bank federation does not see the need to launch a Russia national cryptocurrency. Speaking at the forum the head of the national bank, Elvira Nabiullina stated that the institution has been studying the topic of cryptocurrency and the launch of a national cryptocurrency is not obvious for us. She further questioned the cryptocurrency...
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Hong Kong Free Press Fires BitPay Over Bitcoin Payment Delays

Hong Kong Free Press (HKFP) has fired BitPay, a US-based bitcoin payment processing service, over non-service.The independent media firm announced today that it is going to replace BitPay with its rival BTCPay, an open-source alternative to pay merchants online via bitcoin. HKFP projected BTCPay as better service, stating that it would allow donators to remain...
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Grayscale Tempts High Rollers with Zero-Premium GBTC

Grayscale Capital, the producer of exchange-traded shares based on leading digital coins, is rethinking its strategy on inviting institutional investors. Now, GBTC shares are on a special offer, with their Bitcoin (BTC) component at Native Asset Value (NAV). GBTC Premium Disappeared Shares of the Grayscale Bitcoin Trust (GBTC) are usually sold based on current demand....
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Op Ed: Is the Age of Bitcoin-Powered Discounts Finally Upon Us?

While the digital gold narrative around Bitcoin has always existed, in the early days, there was also a heavy focus on payment use cases for the world’s first major cryptocurrency. There was plenty of block space to go around at the time, which meant transactions were practically free and users didn’t have to worry about...
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