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BitGo Becomes Most Diverse Crypto Custodian After Adding 57 ERC-20 Tokens

BitGo Becomes Most Diverse Crypto Custodian After Adding 57 ERC-20 Tokens

BitGo has added 57 ERC-20 tokens to its cryptocurrency custodian service, making it by far the most diverse cryptocurrency custodian in the world. It plans on adding even more ERC-20 tokens. This rapid expansion of BitGo’s custodian service comes only two months after it launched the service in May 2018, following the acquisition of licensed qualified custodian Kingdom Trust regulated by …


TokenPay Gives Litecoin Foundation 9.9% Stake in Germany’s WEG Bank

TokenPay Gives Litecoin Foundation 9.9% Stake in Germany's WEG Bank

Cryptocurrency payment service TokenPay purchased a 9.9% stake in Germany’s WEG Bank, and gifted a 9.9% stake to the Litecoin Foundation to forge a partnership. In return for the stake, the Litecoin Foundation agreed to provide technology and marketing expertise for TokenPay’s blockchain initiatives including the TPAY cryptocurrency, eFin decentralized exchange, TokenSuisse asset management, WEG Bank’s FinTech platform, and a …


Israeli Arrested for Attempted $50M Crypto Sale of ‘Pegasus’ Spy Software

Israeli Arrested for Attempted $50M Crypto Sale of 'Pegasus' Spy Software

An Israeli man was indicted by the Tel-Aviv District Court on 5 July 2018 for trying to sell top-secret spy software called Pegasus built for Israel’s government. The extremely sophisticated software gained notoriety for being able to hack into Apple iPhones. The man worked as a senior programmer for NSO Group, which gave him access to all the company’s source code …


First Home Sold for Bitcoin In Northeast United States

First Home Sold for Bitcoin In Northeast United States

A home in Delaware sold for USD 1.35 million of Bitcoin on 6 July 2018, which would be approximately BTC 208 at the time of sale. This is not only the first time a house has been sold for Bitcoin in Delaware, but also the first time in the entire Northeast United States. This is another example of how Bitcoin …


UK Testing New Platform in Preparation for a Crypto Future of Tokenized Assets

UK Testing New Platform in Preparation for a Crypto Future

In the United Kingdom (UK), exciting advances for the blockchain industry are about to take place. It is one of the first demonstrations in a live deal that equity in a UK company can be tokenized and issued within a compliant custody, clearing and settlement system. FCA regulatory sandbox This is a result of the UK’s open-minded Financial Conduct Authority’s …


100 Merchants Able to Trial Lightning Network Thanks to CoinGate

100 Merchants Able to Trial Lightning Network Thanks to CoinGate

CoinGate has announced a new pilot program, allowing 100 merchants to test a Lightning Network-enabled version of their service, making Bitcoin transactions faster and cheaper. Since the Lightning Network is only now becoming a reality and is still very untested, CoinGate will cover any funds that are lost due to glitches or bugs in the software that may occur. Other …


ACTAI Global’s 4th Annual Blockchain Summit: Saving the Planet (A Bit at a Time)

ACTAI Global’s 4th Annual Blockchain Summit: Saving the Planet (A Bit at a Time)

As reported by Bitcoin News this week, Sir Richard Branston is hosting this year’s ACTAI Global’s Fourth Annual Blockchain Summit in Marrakesh, with sustainability on the agenda. Reputedly some of the brightest minds in the blockchain space are assembled at the Kasbah Tamadot in Marrakesh to discuss how to use blockchain to impact issues that will change lives, according to …


LSE Begins ‘Cryptocurrency Investment and Disruption’ Course in August

LSE Begins ‘Cryptocurrency Investment and Disruption’ Course in August

A fascinating development has emerged from the prestigious London School of Economics (LSE) as it has unveiled a brand new online certificate course titled ‘Cryptocurrency Investment and Disruption’. Prestigious institution LSE is a leading British research university. Historically, the alumni and faculty have been awarded 18 Nobel Prizes in economics and literature, with some 34 past or present world leaders being …


Local Experts Claim China Has Lost 90% Control over Bitcoin Market

Local Experts Claim China Has Lost 90% Control over Bitcoin Market

According to the UK’s Daily Express, the Chinese government has seen its control on the global cryptocurrency market drop from 90% to 1% since 2017. However, it appears that the original claim by local experts that China had control of 90% of the Bitcoin market has been refuted. Reports in 2017 revealed that the trading volumes of Chinese exchanges before …


Coinbase Maintains Optimism Despite Recent Popularity Slide

Coinbase Maintains Optimism Despite Recent Popularity Slide

Crypto exchange giant Coinbase is reported to have recorded a decline in popularity over the past month, according to Ethereum World News. The downturn in business correlates to a decline in app downloads since the recent fall in the global cryptocurrency market, where prices have suffered a 70% drop over the past six months. The result is that short-term speculators …


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