Latest Crypto News

Coinbase Acquires Blockchain Analytics Startup Neutrino


United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19.

Coinbase reveals that the company will continue to operate as a standalone business in its London office. The amount of the contract has not been disclosed.

The U.S. exchange believes that blockchain intelligence will contribute to creating an open... Coinbase Acquires Blockchain Analytics Startup Neutrino


United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19.

Coinbase reveals that the company will continue to operate as a standalone business in its London office. The amount of the contract has not been disclosed.

The U.S. exchange believes that blockchain intelligence will contribute to creating an open and protected financial system. The company expects Neutrino to help Coinbase prevent theft of funds, investigate hacks and ransomware attacks, and identify suspicious transactions.

Moreover, the exchange hints that the acquisition will help to add more cryptocurrencies and features to its services, assisting Coinbase in complying with current laws and regulations.

Earlier this year, Coinbase announced that it had acquired Andreessen Horowitz-backed tech startup Blockspring. The startup produces tools that enable developers to automatically gather and process information from application programming interfaces.

In January, the exchange added resources for customers in the U.S. to claim crypto trades on their taxes, integrating its systems with popular tax software TurboTax.

Later in February, Coinbase launched support for European Union residents to make fiat currency withdrawals to online payment system PayPal — a feature that was previously released for U.S. users only.

Moreover, Coinbase added Bitcoin (BTC) support to its Coinbase Wallet app, where the users can store their own crypto protected by their unique private keys. More

JPM coin

This month, J.P. Morgan became the first bank to create and successfully test a digital coin (cryptocurrency) representing a fiat currency, the US Dollar. The JPM Coin runs on a blockchain-based technology which enables the instantaneous transfer of payments between institutional accounts.

The JPM Coin isn’t a legal tender, the bank has made that clear. It is a digital coin representing the United States Dollars held at JPMorgan Chase. This means that a JPM Coin always has a... JPM coin

This month, J.P. Morgan became the first bank to create and successfully test a digital coin (cryptocurrency) representing a fiat currency, the US Dollar. The JPM Coin runs on a blockchain-based technology which enables the instantaneous transfer of payments between institutional accounts.

The JPM Coin isn’t a legal tender, the bank has made that clear. It is a digital coin representing the United States Dollars held at JPMorgan Chase. This means that a JPM Coin always has a value equivalent to one U.S. dollar. In short, it’s a stable coin which is pegged against the US dollar. More

A bear market has spoiled Bitmain financial reports. Will an IPO take place?

Mining giant Bitmain lost about $ 500 million in the third quarter of 2018 amid a bear market cryptocurrency.
Easy calculations
The Beijing-based company recently provided an update on its finances of the Hong Kong Stock Exchange (HKEx), which is reviewing Bitmain's initial public offering (IPO), first submitted in September.
The update showed that Bitmain earned about $ 500 million in the first nine...

About the first city in the world where legalized cryptocurrency and eliminated Fiat.

Liberstad, a libertarian city in southern Norway, eliminates fiat currencies and cash. What for? The city legalized its own cryptocurrency - City Coin. Cryptocurrency with a straightforward name will replace all other forms of legal tender in the city.
A spokesman commented on this news:
“City Coin is a safe and innovative cryptocurrency based on City Chain, a smart city platform that allows you to...

Naemining in Thailand: 30 people sued CryptoMining.Farm.

On February 18, Bangkok Post journalists reported that victims of crypto frauds filed a lawsuit against a suspect in the Department for Combating Technological Crime in Thailand.

Case details
According to the report, 30 people filed a complaint with the police, stating that they had been deceived in an alleged investment scam called "CryptoMining.Farm". This allegedly resulted in a loss of 42 million baht (1.34 million... Naemining in Thailand: 30 people sued CryptoMining.Farm.

On February 18, Bangkok Post journalists reported that victims of crypto frauds filed a lawsuit against a suspect in the Department for Combating Technological Crime in Thailand.

Case details
According to the report, 30 people filed a complaint with the police, stating that they had been deceived in an alleged investment scam called "CryptoMining.Farm". This allegedly resulted in a loss of 42 million baht (1.34 million dollars).... More

A number of altcoins pushed the market to a substantial rally.

At the end of last week, the market showed signs that the rally is being built on the basis of several altcoins. This is true because the total market capitalization of the cryptocurrency market has increased from 119 to 126 billion dollars.
On Binance Coin on Friday, small bursts began to appear in Stellar and Tron, and these movements seem to have caused enough positives in the market to give a boost to the rest of the coins...

We are waiting for the growth of Bitcoin in March? Payment application Rakuten can support cryptocurrencies.


Japanese e-commerce giant Rakuten has announced the release of an updated mobile app Rakuten Pay. According to the company's press release, the release will take place on March 18th. Apparently, along with the usual money, the application will now support cryptocurrency. According to the materials of the company's presentation for the fourth quarter and the whole of 2018, the new...

Bitmain announced an energy efficient ASIC for mining Bitcoins.


Bitmain has announced a 7-nanometer processor for mining bitcoins. According to the developers, this equipment with high energy efficiency. The new ASIC, called BM1397, has better performance and operates on the basis of SHA256. The device will use much less electricity than previous models (the ratio of power consumption and calculations will be about 30J / TH). This is 28.6% less compared to the previous version of BM1391.

Bitcoin course analysis for February 19: pushing for $ 4,000.

The price of bitcoin rose and overcame resistance levels of $ 3,720 and $ 3,880 against the US dollar.
The price is trading near the resistance level of $ 4,000.
A new weekly high was formed at $ 3,955.
On the hourly chart of the BTC / USD pair (the data line from the Kraken) there is a connecting trendline of the bullish trend, formed with support at the level of $ 3,800.
The pair has corrected lower, but strong support is at...

Will cryptocurrency replace conventional money? An unexpected response from a Bitcoin supporter.


A dedicated Bitcoin advocate, Andreas Antonopoulos, decided to raise several questions regarding the adoption of cryptocurrency and the evolution of the concept of money. During a blitz session at the Bitcoin Congress in Warsaw, he said that traditional financial institutions would “poorly” adapt to the transformation provoked by the formation of digital assets. According to him, soon the... Will cryptocurrency replace conventional money? An unexpected response from a Bitcoin supporter.


A dedicated Bitcoin advocate, Andreas Antonopoulos, decided to raise several questions regarding the adoption of cryptocurrency and the evolution of the concept of money. During a blitz session at the Bitcoin Congress in Warsaw, he said that traditional financial institutions would “poorly” adapt to the transformation provoked by the formation of digital assets. According to him, soon the concept of restraining other people of a centralized enterprise will become obsolete.

Soon it will turn into a hobby of aged financiers. Something like owning a horse.

According to Andreas, as soon as people working in the traditional financial system realize the possibilities of decentralization, they will immediately leave their posts. And the reason here is in the bulkiness and rigidity of centralized institutions, which will simply have nothing to interest creative modern people.

According to Ambcrypto, when discussing the topic of accepting digital currencies, Andreas admitted that it is not yet possible to completely do away with centralized systems. At the same time, he called on people to accept cryptocurrencies wherever possible - for any goods and services provided by person to person. According to a Bitcoin supporter, this would allow making a huge step in terms of adoption.

This technology is not intended to radically change the concept and mechanisms of money. It is unlikely that there will be such a virtual currency that will replace conventional money. Rather, it will be more like an interchangeable and flexible equivalent, the exchange of which will produce a special algorithm in your wallet, selecting the most profitable offers. More

Lightning Wallet and Tippin have released an extension for Chrome and Mozila browsers that will allow Twitter users to translate BTC between themselves. To send Bitcoin in the social network, the user will need to have a personal account on Twitter and the installed Tippin extension in his browser.

When the extension is enabled, a lightning button will appear next to the like and retweet buttons inside each tweet, by clicking on it, you can instantly send a donation to the tweet author... Lightning Wallet and Tippin have released an extension for Chrome and Mozila browsers that will allow Twitter users to translate BTC between themselves. To send Bitcoin in the social network, the user will need to have a personal account on Twitter and the installed Tippin extension in his browser.

When the extension is enabled, a lightning button will appear next to the like and retweet buttons inside each tweet, by clicking on it, you can instantly send a donation to the tweet author (assuming that he also has an account on tippin.me).

Abril, developer Tippin gave his comment to the CoinDesk edition regarding LN:

“In my opinion, tips will be incredibly popular on the Lightning Network. For the first time, it became possible to send small amounts virtually free of charge, and incredibly quickly, ”said Abril.

According to CoinDesk, in the future Tippin developers want to add support for other social networks in the browser extension. More