Viennese cryptocurrency exchange Bitpanda has launched Bitpanda Pay, a service designed to let users transfer funds directly from their Bitpanda accounts into EU bank accounts and to pay their bills. Announced in an official blog post on October 16, 2019, the new service lets customers send funds from their exchange accounts to any International Bank…
Privacy and a clean UX design have often been at odds in cryptocurrency apps. But there’s no reason why a bitcoin wallet app can’t have both. Blockstream’s newest version (3.2.4) of its bitcoin wallet, Blockstream Green, is a legitimate step forward in combining these two attributes that have previously proven to be far more complex…
BlockFi, a nonbank lender of crypto assets, has announced that it’s opening a new platform for institutional investors. BlockFi Institutional Services is set “to give market-makers, funds, exchanges, and family offices access to enterprise-grade financing solutions for digital assets,” according to the company. Digital Assets Services for Institutional Investors The drive to serve cryptocurrency investors…
Despite the promises that bitcoin will be used for everyday purchases, many businesses that were initially bullish have stopped accepting cryptocurrencies (e.g., Expedia). Instead, many think they can turn to “blockchain” to improve their own business systems (e.g., reducing credit card fees and managing loyalty programs). Further Reading: Op Ed: Is the Age of Bitcoin-Powered…
There are several reasons why the Transylvania Crypto Conference (abbreviated as TCConf) was special. First of all, it was a premier for Romania, a country that has never really held events that focus on Bitcoin, despite giving the space some prominent and eccentric figures, such as Mircea Popescu and Bitcoin Magazine co-founder Mihai Alisie. Second,…
Over the last few weeks, the bitcoin market has been constantly flooded with high-volume, high-spread moves to the downside. There have been a few impulsive, bullish rallies but nothing that has been sustained and nothing that is showing signs of supply absorption. At the time of this video, the market is testing a very important…
Grayscale Investments, one of the world’s leading digital asset management companies, has reported a new milestone. According to a quarterly report, the New York-based firm announced inflows of $254.9 million in net investments, a new record for a single quarter that tripled the $85 million it accrued in the preceding quarter. Michael Sonnenshein, the managing…
In early October 2019, Ohio suspended its program for collecting business taxes using bitcoin due to regulatory issues. Nevertheless, there is a significant, growing trend in using the world’s premier cryptocurrency for tax payment purposes in multiple jurisdictions around the world. In November 2018, State Treasurer of Ohio Josh Mandel launched a project to allow…
A consortium of firms including CoinShares and Blockchain has launched a gold-backed token dubbed the “digital gold” (DGLD) token to be secured on the Bitcoin blockchain. In development for about two years, the DGLD network launched on October 15, 2019, with a supply reported to be backed by about $20 million worth of physical gold,…
Layer1, a cryptocurrency infrastructure platform, has secured $50 million in series A funding in a bid to revolutionize the bitcoin mining space in the U.S. According to a Layer1 blog post published on October 15, 2019, the funding (which values the company at $200 million) came from legendary investor Peter Thiel, among others. This isn’t…