The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. One of the most interesting things emerging from this particular bear market has been a concept known as “decentralized finance,” manifested primarily by…
Malta-based cryptocurrency exchange Zebpay now supports Lightning payments. The exchange announced the news via a blog post, where it claims to be the “first major exchange” to enable Lightning payments for its users. Per the report, Zebpay users can now login into their wallet and use their bitcoin balances to make micro-purchases for free. “Making…
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the…
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. This marks a major change for the service, which had been a primary way for users wishing to protect their anonymity to meet…
The European Union Agency for Law Enforcement Cooperation, better known as Europol, announced on March 26, 2019, that it has made an ongoing partnership with law enforcement from Canada, the United States and the member states of the European Union to target buyers and sellers of illegal items on the dark web. This announcement was…
Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin. The tiny town of Innisfil (with a population of 36,500), situated…
Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols. The companies announced the deal on March 26, 2019, calling it “a joint mission to help raise the industry’s standard.” Founded in 2014, IdentityMind provides anti-money laundering services,…
After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security. Now that it’s live on the mainnet, VeriBlock’s model extends the Bitcoin blockchain’s security protection from 51-percent attacks to non-Bitcoin blockchains by linking them…
The Singapore-based cryptocurrency exchange DragonEx has announced a security breach to its users via its official Telegram channel. In the message, a company administrator revealed that the hackers stole assets belonging to both the exchange and its users. Per the message from the admin, the attack occurred on March 24, 2019, and the exchange then…
Samourai Wallet announced this month that its latest update supports Tor integration, offering additional privacy for users. What Does Tor Integration Enable? In a conversation with Bitcoin Magazine, Samourai’s lead developer, who is known simply as “TD,” gave a rundown of the Tor integration. He explained that using the Tor integration before creating a new…