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World’s (Likely) Oldest Bitcoin Faucet is Giving Away a Lambo

World's (Likely) Oldest Bitcoin Faucet Giving Away a Lambo (1)

One of the oldest surviving Bitcoin faucets in the world, possibly even the oldest, has just announced a giveaway featuring the car most associated with the crypto world: the Lamborghini Huracán. Speaking exclusively to Bitcoin News, Freebitco.in owner “wetsuit” has confirmed that the site is ready to present the iconic luxury car to a single winner by the time the contest …


Popular Crypto Exchange Bittrex Denied Operating License in New York

Popular Crypto Exchange Bittrex Denied Operating License in New York

The popular cryptocurrency exchange Bittrex was today denied its application to operate in the state of New York. The New York Department of Financial Services (NYDFS) rejected the BitLicense application from the exchange on the grounds of failure to adequately comply with a number of policies. In a letter written by NYDFS and addressed to the CEO of Bittrex, Bill Shihara, it is …


Exclusive: Researcher Claims to Have Cracked Bitcoin Mixing Services

College Student Claims to Have Cracked Bitcoin Mixing Services

A college researcher has claimed to have successfully cracked the algorithm behind most centralized Bitcoin mixing services. Using his methods, he says he can backtrack all transaction history done by the service providers. In an interview with Bitcoin News, Ruhr-Universität Bochum researcher Felix Maduakor explained how he carried out a study to assess the privacy levels of Bitcoin mixing services. In …


Exclusive: How a Local Startup Was Instrumental in Pakistan’s Decision to Legalize Crypto

How a Local Startup Was Instrumental in Pakistan's Decision to Legalize Crypto (2)

Pakistan’s own national celebrity and humanitarian Wakar Zaka has told Bitcoin News that his project, TenUp, played a key role in both informing the government about the technology and rousing a significant pressure group among the country’s population in favor of cryptocurrency legalization. Pakistan’s Finance Minister Asad Umar has issued a recommendation to legalize cryptocurrency trading and business in the country. …


Coinbase Moves with Cold Storage Trading via Custody Service, OTC Desk

US cryptocurrency exchange giant Coinbase has just announced that it plans to combine its custody service with its newly launched over-the-counter (OTC) desk in order to facilitate cold storage trading. The move is partly a response to requests by Coinbase customers who have been pushing for cold storage trading since the recent launch of the OTC desk, mainly in order …


George Samman Exclusive: Global Inequalities Created Need for Alternative Financial Solutions

Exclusive: Global Inequalities Created Need for Alternative Financial Solutions

Barely a decade after the last global economic crisis of 2008, economic pessimists continue to predict another impending crash on a global scale, brought on by the persisting inequalities in financial systems around the world. Bitcoin News caught up with prominent cryptocurrency advisor, investor, and author George Samman to explore how a move towards full decentralization in the blockchain sector …


Crypto360 Exclusive: Inheritance, Custody – Crypto Deserves Same Protection as Traditional Assets

Crypto360 Exclusive: Inheritance, Custody – Crypto Deserves Same Protection as Traditional Assets

As the blockchain and cryptocurrency industries mature, firms are beginning to use the technologies to create increasingly sophisticated alternatives to mainstream financial services. Beyond cryptocurrency exchanges, startups have created solutions for cryptocurrency loan services and futures trading, with many expected to see a Bitcoin exchange-traded fund in action later this year. Based in Italy, Crypto360 is one such company offering …


Germany’s #2 Stock Exchange Launches Bison Crypto Trading App

Germany’s #2 Stock Exchange Launches Bison Crypto Trading App

The second largest stock exchange in Germany has announced the official launch of its new cryptocurrency trading platform called Bison. Börse Stuttgart Group enlisted developers from its digital ventures subsidiary FinTech Sowa Labs to create the exchange, citing its goal as an attempt to make cryptocurrency trading easy for investors that are used to traditional marketplaces. In this initial launch, the smartphone …


Ripple Supports China’s Fintech Youth at Tsinghua University

Ripple Supports China's Fintech Youth at Tsinghua University

Ripple continues to expand its collaboration with universities in Asia with its latest blockchain research program at China’s Tsinghua University. This Blockchain Technology Research Scholarship Program (BRSP) scholarship will only be available to graduates in 2019. It is principally aimed at the development of blockchain tech and international regulatory policies and will give participating students the opportunity to work on …


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