Day: April 12, 2019

Bittrex Failed To Get NY’s State BitLicense – What Does It Mean For Bittrex Users?

Bittrex, a major United States cryptocurrency exchange based in Seattle and established in 2013, has been forced to close its New York business due to the rejection of its BitLicense application by the New York Department of Financial Services (NYDFS) on April 11, 2019. Here is why: Image Source: […]

Bitcoin can now be used for insurance saving funds

After 18 months of discussion, the final vote came on Thursday. It was on this historic day that the French Parliament decided to adopt the Pact Act, a dual provision which allows insurers to use Bitcoin for insurance saving funds. “This was not the primary goal of Pact, but insurers […]

Bitcoin’s 48 hours are done: BTC’s most important correction move has begun, but to what end?

Bitcoin’s recent price surge and its sudden correction were the center of speculation and many conspiracy theories. Some of these theories speculated that institutional buyers set long trades before the pump and that the correction that followed the pump was sparked by WikiLeaks’ Julian Assange, who sold 4,000 BTCs worth […]

France Passes Bill to Allow Insurance Providers to Invest in Crypto and Tokens

French insurance markets can now invest in cryptocurrencies, following the passage of a new law, foreign exchange news agency FXStreet reports April 11. On April 11, the National Assembly of France adopted a bill that is designed to stimulate local business development, including redirecting savings from individuals to businesses, according […]

Weekly roundup April 8 – April 12

Another wild week in crypto has passed, with bitcoin providing much of the entertainment. Headlines also included news on Facebook’s crypto asset, Peter Brandt’s BTC prediction and more. Catch up on the details! Bitcoin price dumps in correction Bitcoin remained exciting this week, as the asset jumped all the way […]

$18 Million Cybersecurity Startup & Binance Work to Improve Exchange's Security

Malta-based digital asset exchange Binance has partnered with CipherTrace, a San Francisco-based firm that develops cryptocurrency anti-money laundering (AML) and blockchain “threat intelligence” solutions. The partnership between the two companies involves building security infrastructure that will raise Binance’s “compliance standards in line with a worldwide progression of cryptocurrency regulations and […]

Bitcoin Cash [BCH] community lashes out at Poloniex over BCHABC ticker symbol

Poloniex, a United States-based cryptocurrency platform, announced margin trading and lending support for Bitcoin Cash [BCH] and Bitcoin Satoshi Vision [BSV], on its Twitter handle on 11th April 2019. The coins are paired with Bitcoin [BTC], the largest cryptocurrency by market cap, for margin trading. This trading service would be […]