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Europe: Banks May Hold and Sell Bitcoin Starting From 2020

November 29, 2019 by Edoardo Vecchio at Bitcoin

According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November...

IDAX Crypto Exchange CEO Disappears Amidst Exit Scam Rumors

November 29, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

IDAX, an Asian crypto exchange whose users have been unable to make withdrawals since November 24, has announced that it’s CEO, who allegedly absconded with the exchange’s cold wallet is still nowhere to be found and as such, it is suspending all deposits and withdrawals indefinitely, according to a blog...

Fidelity Investments Set to Reward Employees in Cryptocurrency

November 28, 2019 by Aisshwarya Tiwari at Bitcoin

Wall Street titan Fidelity Investments is poised to reward its employees in cryptocurrencies, per a report by Finance Magnets, November 27, 2019. Making Crypto an Everyday Phenomenon One of the largest financial institutions in the world by reported assets under management (AuM) - Fidelity Investments – is reportedly rewarding its...

China Targets OTC Trading Channels as Crypto Clampdown Rages On

November 28, 2019 by Ashwath Balakrishnan at Bitcoin

The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on...

Why CZ’s Reaction to the ‘Police Raid’ Is More Disturbing Than the Raid Itself

November 27, 2019 by Aisshwarya Tiwari at Bitcoin

Anyone with a finger on the pulse of the crypto-sphere would know about The Block’s explosive report that came out earlier this week. In it, the news outlet claimed that “Binance's Shanghai office shut down following police raid.” Separating Fact from Fiction The reactions which followed the accusations were instant...

Voyager Digital and Avant-Garde Join Forces to Offer Commission-Free Bitcoin Trading

November 26, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Canadian cryptocurrency asset broker, Voyager Digital, a licensed crypto-asset broker that provides investors with cutting-edge bitcoin (BTC) and altcoins trading solutions has formed a new partnership with Avant-Garde Trading Securities, a new broker-dealer launching in the first quarter of 2020. The new firm utilizes innovative technologies to help clients to...

Decentralized Cryptocurrency Exchange (DEX) Appetite Grows as Volume Continues to Increase Dramatically

November 26, 2019 by Edoardo Vecchio at Bitcoin

According to the latest data released by Dune Analytics, a website where you can analyze, visualize, and share blockchain data, the trading volume of decentralized exchanges increased drastically in the last seven days. The site reports more than $75 million traded in the last week. Centralized vs. Decentralized Cryptocurrencies like...

New Bitcoin Core Upgrade Brings Privacy and Block Propagation Improvements

November 25, 2019 by Ashwath Balakrishnan at Bitcoin

This week, Bitcoin Core 0.19.0 was released, marking the 19th upgrade to the client. Each upgrade aims to bring small changes that make a worthwhile difference, and the focus is on minimizing bandwidth and storage requirements while improving privacy and security measures. The new features, reported by Bitcoin Magazine, will...

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