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“# Bitcoin go up, Coinbase go down: Exchange outages and trader outrage ” Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets,…
“# PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’ ” PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.” In an interview with CNBC, PayPal CEO Dan Schulman said the COVID-19 pandemic has accelerated the…
“# Bithumb crypto exchange temporarily closes some offices due to COVID-19 ” Bithumb, the largest cryptocurrency exchange in South Korea, is preparing to close some of its offices due to the ongoing COVID-19 pandemic. According to an official announcement on Nov. 23, Bithumb will be temporarily suspending its offline support center in Gangnam to prevent…
“# Ripple seeks director to engage with central banks on digital currency ” Ripple, the payment services using digital currency XRP, is looking for an expert specializing in central bank digital currencies, or CBDCs. According to a recent job posting by Ripple, the firm is seeking a senior director of central bank engagements focusing on supporting…
“# Privacy coins no more? CipherTrace files patents for tracing Monero transactions ” Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero. In a Nov. 20 blog from CipherTrace, the firm stated that the patents would include forensic tools to explore…
“# BlockApps launches Ethereum-based Agritech network in collaboration with Bayer ” On Nov. 18, blockchain solutions provider BlockApps launched a blockchain-based agricultural crop tracking network called “TraceHarvest” — and one of the largest companies in the world, Bayer, is among its first users. TraceHarvest reportedly provides users with the ability to trace the life cycle…
“# Decentralized insurance protocol Cover holds vote to cover Pickle hack ” In what might be an important step towards the maturation of the decentralized insurance space, a claim was filed yesterday with DeFi insurance protocol Cover following the $19 million Dai hack of Pickle Finance — and so far, the majority of users want…
“# How has the COVID-19 pandemic affected the crypto space? Experts answer ” Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it all started. Although “patient zero” has not…
“# KuCoin inches closer to recovery by reopening deposits and withdrawals ” In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.” The announcement follows a partial reopening that took place…
“# Van Eck declares Bitcoin ‘less volatile than many’ stocks ” On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed on the S&P 500. In a blog post the German issuer of exchange-traded products said…