Month: December 2018

December 31, 2018

There is a new option on the way for Israeli companies that wish to accept orders from cryptocurrency users while they keep managing their books in fiat. A local bitcoin exchange, Bits of Gold, is launching an API service for regulated crypto payments.   NEW TOOLS FOR ISRAELI BUSINESSES   Tel Aviv-based cryptocurrency exchange Bits […]

As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security.   INTEREST ON CRYPTO DEPOSITS   Indian cryptocurrency exchange Coindcx announced […]

The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping. The latest episode in India’s increasingly drawn-out path to formalizing its domestic cryptocurrency economy, Radhakrishnan said that the lack of a “globally acceptable solution” […]

Bakkt has raised $182.5 million to build out its global digital assets platform and bitcoin futures product. The round, which is Bakkt’s first, included 12 partners, according to a Medium post by CEO Kelly Loeffler. The crypto startup is owned by Intercontinental Exchange (ICE), which is best known as the parent company of the New […]

Regardless of bitcoin’s price volatility, 2018 saw an explosion of activity among African users. Revealed exclusively to CoinDesk, the peer-to-peer bitcoin exchange Paxful increased its transaction volume by 130 percent since January 2018 with an average of $21 million a week, compared to $8.5 million in 2017. The growth was driven in part by Paxful’s […]

Cryptocurrency adoption pioneers Lite.IM have just announced that the platform will now support Bitcoin (BTC) payments. This means, users of Facebook, Telegram, and even plain old SMS will now be able to send BTC to one another via their chosen social application. Such moves bridge the gap between the now enormously adopted mobile phone and […]

If you’ve recently wondered, “What the heck is bitcoin, and how does it work?” then you’re probably new around here. Life coach, Tony Robbins, just explained all to his 3+ million Twitter followers, and just in time for New Year.   TONY’S THEME   Tony’s Tweet links to a blog post on his website credited […]

A US attorney and developer has vowed to release an alternative to crowdfunding platform Patreon using open source Bitcoin payment processor BTCPay.   REPLICATING PATREON’S ‘FULL FEATURE SET’   In a series of tweets December 30, Jeff Vandrew Jr. released a sample site for LibrePatron, which he claims incorporates the “full feature set” of Patreon […]

Tehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram.   ‘DISRUPTION TO THE NATIONAL ECONOMY’   Authorities in Iran would interpret any cooperation with Telegram on the issuing […]

The U.K.’s Financial Conduct Authority (FCA) has reportedly provided an update of its investigations of crypto companies. A total of 67 inquiries were launched, 49 of which have been closed, leaving 18 businesses currently under investigation. The UK government has reportedly said it is ready to give power to the FCA to regulate the crypto […]