Japanese SBI to create a wallet for its VCTRADE crypto exchange

SBI

Japanese SBI Group, one of the leading global financial services providers, has teamed up with Danish cryptographic company Sepior to create a virtual asset proprietary wallet jointly. The new service, which comes amid growing regulatory scrutiny in Asia, will be integrated into the SBI digital currency exchange VCTRADE, according to a Sepior press release from Monday. SBI chose the Danish firm’s software due to its multiparty computation (MPC) software called Threshold-Sig Wallet Security. Sepior claims that this technology guarantees a high-level degree of protection for the encryption key. Established in…

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CoinMarketApp announce crypto giveaway

Crypto GiveAway

Cryptocurrency App CoinMarketApp is giving away some crypto prizes to reward their users for sticking with them. Featuring a first prize of $300, a second prize of $200, and third place getting $100, winners will have the chance to receive their prize in bitcoin (BTC), ether (ETH), litecoin (LTC), ethereum classic (ETC) or bitcoin cash (BCH). In order to enter the giveaway, users must rate the app in the PlayStore or AppStore and share the app with friends on social media. With an impressive loyalty rate of 94% in September,…

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Bittrex to launch crypto exchange in Malta next month

Malta Crypto World

Bittrex has confirmed that “it will open a branch in Malta on Oct. 1, as part of its global expansion plans,” the Investor reported on Friday, September 14. Bittrex’s co-founder and CEO, Bill Shihara, said at the Upbit Developer Conference on the South Korean Jeju Island: We are now planning to launch Bittrex Malta…This will allow us to list tokens a lot faster. The conference is organized by Dunamu Inc., the operator of one of South Korea’s largest crypto exchanges, the Kakao-backed Upbit. Bittrex has a partnership agreement with Upbit…

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Dodgers to hold first-ever Digital Bobblehead Night Sept. 21

LA Dodgers Stadium

The Dodgers will hold their first ever Digital Bobblehead Night on Sept. 21 against the Padres. Fans will have the opportunity to download a Clayton Kershaw, Justin Turner or Kenley Jansen Crypto token. The promotion is the first of its kind in Major League Baseball, and believed to be the first Crypto giveaway in sports. While supplies last at guest’s point of entry, the first 40,000 ticketed fans in attendance will receive a card with a unique code and directions to a website where a digital bobblehead can be unlocked…

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The crypto-powered Brave browser has 4 million monthly users

brave browser

This means that in two months it added over 1 million users. The cryptocurrency-powered Brave browser, founded by Mozilla co-founder and JavaScript creator Brendan Eich, has recently reached 4 million monthly active users, 21,000 verified channels, and 26,000 publisher accounts. The data comes from a tweet published by Brendan Eich himself, who noted the browser’s team is set to work on integrating its basic attention token (BAT) on mobile this fall, and on surpassing 5 million monthly active users by the end of the year. Next year, Eich expects Brave…

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Crypto Market Continues Recovery as Bitcoin Price Hits $6,700

crypto markets

In the past 24 hours, the Bitcoin price has increased from $6,400 to $6,700, recording a decent increase in its daily volume. The valuation of the crypto market has increased from $210 billion to $215 billion within a two-day period, fueled by the short-term surge in the price of tokens. Ethereum-based tokens like Wanchain, Aion, and ICON recorded solid gains in the range of 10 to 20 percent against both the US dollar and Bitcoin, showing some momentum against major cryptocurrencies. Ethereum, Ripple, Bitcoin Cash, and EOS, the top five…

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Coinbase wins patent for secure bitcoin payments system

bitcoin patent

A newly published Coinbase patent seeks to protect a way of making bitcoin purchases more secure for customers. In the filing, published August 14, the U.S.-based cryptocurrency exchange outlined how it could develop a payment portal which would allow users to pay using bitcoin directly from their digital wallet. “It may be a security concern for users that the private keys of their bitcoin addresses may be stolen from their wallets,” the patent stated. “Existing systems do not provide a solution for maintaining security over private keys while still allowing…

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Crypto Market Below $200 Billion

crypto market cap

Falling prices have sent the total market capitalization of all cryptocurrencies back below $200 billion. Data from CoinMarketCap shows the total market cap slid to $189 billion on Tuesday, a move that follows successive days of market declines. The market cap first rose above $200 billion in November 2017, a development spurred at the time by the listing of bitcoin futures products. Leading the downward push is zilliqa, which has seen the value of its ZIL cryptocurrency fall by 35 percent in the past 24 hours. The decline is accompanied…

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First crypto firm IPO on London Stock Exchange raises $32.5 Million

London Stock Exchange

A crypto mining company has raised £25 million (about $32.5 million) through an IPO on the London Stock Exchange (LSE). U.K.-based Argo Mining (ticker: ARB), which provides “accessible” crypto mining via a subscription service, is the first crypto company to be listed on the LSE. The company raised £5 million (about $6.5 million) more than its initial goal of £20 million through the IPO. Argo kicked off on the exchange with about 156 million shares accounting for 53.2% of its issued shared capital, according to a company document. Shares were…

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UK bicycle company allows you to generate cryptocurrency while you cycle

TOBA cycle

A bicycle manufacturer based in Twickenham, UK, has developed an electric bicycle that generates cryptocurrency while you ride it. The digital e-bike, dubbed the TOBA, is ready for release next month and 50cycles has published some promotional photographs of it ahead of the launch. The company is the first to create a concept of this nature, morphing the world of cryptocurrency into the health and fitness industry. 50cycles founder Scott Snaith says they have integrated 15 years of experience in the cycling industry into the groundbreaking new invention. He believes…

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Facebook approves Coinbase ads as CEO gets listed on Top 40 Under 40

facebook coinbase

After Facebook lifted its ban on cryptocurrencies, it was just a matter of time before the first crypto-related company got approval to place its Ad on the popular social network platform. The first company to enjoy this privilege wasl nonother than the leading crypto exchange in the U.S, Coinbase. Describing the industry as an open financial system, Brian Armstrong, Coinbase’s CEO, made the announcement on his Twitter account. Around the same time, the CEO’s name has appeared in the Fortunes Magazine “40 under 40” and he is leading the crypto…

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Binance birthday with increase in user fees

Binance birthday

By any standards, Binance has had an extraordinary year. From a standing start it now regularly tops the exchange rankings for highest trade volumes and may be the best known and most influential crypto-exchange of them all, at least as far as traders in Europe and the US are concerned. With domination achieved, Binance is applying a new fee structure, adhering to plans laid out in its original white-paper. And it is not good news for traders. Users of the exchange receive large discounts on trading fees if they pay…

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World’s “First Decentralized Bank” receives backing from Binance

Founders Bank

A decentralised, regulated bank is being set up in Malta. The Founders Bank, which is being backed by Binance, will be funded through the issue of legally binding equity tokens, in what it describes as an ETO, or Equity Token Offering. The fundraising will be run by Neufund, a Berlin-based private equity fundraising platform, which is also a partner in the project. Founders Bank is applying for a banking licence from Malta’s regulator, which would require approval from the European Central Bank. If this is granted it would give the…

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Bitcoin.com celebrates 2.5 million wallets created

Bitcoin wallet

This week Bitcoin.com reached a milestone of a whopping 2.5 million Bitcoin.com Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every bitcoiner’s needs and our simple-to-use wallet is no different. The Bitcoin.com Wallet was launched on August 25, 2017, just a few weeks after the Bitcoin blockchain split that took place on August 1. Since then our light client that supports both Bitcoin Cash (BCH) and Bitcoin Core (BTC) has become very popular and the…

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Ledger sold 1 million crypto hardware wallets in 2017

Ledger Crypto Hardware Wallet

Leading hardware crypto wallet manufacturer and developer Ledger sold more than 1 million hardware wallets in 2017, recording a profit of $29 million. In an interview with Forbes, Ledger president Pascal Gauthier stated that the lack of secure platforms which users can utilize to sign transactions on the immutable public blockchain led the demand for Ledger and hardware wallets in general, to rise. “Blockchain itself is secure, but signing on the blockchain is a flaw. If you lose the [private key], there’s no bank looking after your assets or any…

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