New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges

New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues. Citing multiple anonymous sources who spoke on the condition of anonymity, the Times pieces together the alleged contours of the project, which…

Details

Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated The Constantinople and St. Petersburg network upgrades for the world’s second largest cryptocurrency, Ethereum’s (ETH), occurred today Feb. 28, according to ethstats.net. Specifically, the updates went live on the main network at block 7,280,000, in accordance with previously released schedule. Although the upgrade has two names of two originally separated updates, they…

Details

Report: Swiss Fintech Market Grew by 62 Percent in 2018

Report: Swiss Fintech Market Grew by 62 Percent in 2018 The Swiss fintech market grew by 62 percent in 2018, according to a recent study by the Lucerne University of Applied Sciences published on Feb. 27. The Lucerne University of Applied Sciences undertook an in-depth review of Switzerland’s fintech market for the fourth time. The report dubbed “IFZ FinTech…

Details

European Regulatory Chair Supports New Digital Asset Regulations

European Regulatory Chair Supports New Digital Asset Regulations The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported on Feb. 27. Delivering his speech at the FinTech Conference 2019 earlier this week in Brussels, Belgium, ESMA Chairman Steven Maijoor…

Details

Fidelity Joins $1.9 Million Round in Blockchain Data Startup Coin Metrics

Fidelity Joins $1.9 Million Round in Blockchain Data Startup Coin Metrics Blockchain analytics startup Coin Metrics has closed a $1.9 million seed round with Fidelity Investments, Highland Capital Partners and Dragonfly Capital. Announced today, the startup also released its first suite of commercial products for institutions seeking customized research reports. Coin Metrics co-founder and board…

Details

Analyst: Bitcoin Traders Should Look Towards BTC’s Fundamental Developments for Guidance on Future Price Action

Analyst: Bitcoin Traders Should Look Towards BTC’s Fundamental Developments for Guidance on Future Price Action Following Bitcoin’s relatively large levels of volatility over this past weekend, the cryptocurrency has been experiencing a bout of choppy trading but has been able to find some levels of stability above $3,800. BTC’s recent price action also seems to…

Details

Bitcoin Adoption: Could Chase Bank’s Anti-Conservative Push be an Opening Crypto?

Bitcoin Adoption: Could Chase Bank’s Anti-Conservative Push be an Opening Crypto? According to alternative news platform Breitbart, a slew of conservative media personalities have had their banking services terminated by Chase Bank. Amongst those impacted are Rebel Media host, Martina Markota; independent reporter, Joe Biggs; Proud Boys leader, Enrique Tarrio; and others. Such reported efforts to…

Details

Swiss Bank Julius Baer to Offer Digital Asset Services

Swiss Bank Julius Baer to Offer Digital Asset Services Swiss private bank Julius Baer has partnered with a cryptocurrency banking startup to offer digital asset services later in 2019. Announcing the news on Tuesday, Julius Baer said it has partnered with SEBA Crypto AG and will utilize platform to offer storage, transaction and investment solutions…

Details