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…

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…

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…

Russia Said it Will Regulate Crypto 3 Times in the Past 2 Years, Could it Work This Time?

Russia Said it Will Regulate Crypto 3 Times in the Past 2 Years, Could it Work This Time? Russian President Vladimir Putin has issued a fresh order to Russia’s government demanding that they draft and approve a regulatory framework for the crypto industry. Although this seems like a positive development for the industry, similar orders have…

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…

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…

London Stock Exchange Leads $20 Million Fundraise for Blockchain Startup Nivaura

London Stock Exchange Leads $20 Million Fundraise for Blockchain Startup Nivaura Capital markets blockchain startup Nivaura has raised a total of $20 million with the closing of its second seed extension round led by the London Stock Exchange Group (LSEG). Announced today, other investors in the latest round include Santander InnoVentures, the Spanish bank’s VC…

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team A cryptocurrency project that appears to have raised at least $20 million through a referral-based marketing scheme has been advertising false information about its team members, a CoinDesk investigation has found. Launched on Dec. 2, BHB claims to offer an ethereum-based solution…

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…

Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?

Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption? Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded…

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…