Over $10 bln in Bitcoin is now under the control of Xapo in its network of vaults, unnamed sources have told Bloomberg. Bitcoin storage provider Xapo now holds about 7% of the world’s total Bitcoin supply in its vaults, “roughly” amounting to $10 bln, Bloomberg reports May 9 quoting unnamed sources. According to two clients,…
Author: nbelov
NYSE's Plans For 'Physical Delivery' Of Bitcoin Pave Way For Major Crypto Adoption, Analysts Say
The New York Stock Exchange’s plans to offer swap contracts that would be settled in BTC will have a momentous impact on crypto adoption, commentators say. Analysts Dominic Chu and Robert Kelly weighed in on recent reports that the New York Stock Exchange (NYSE) plans to offer Bitcoin (BTC) swap contracts, on CNBC Tuesday, May…
Facebook Forms Exploratory Blockchain Team Led By Coinbase Board Member
Facebook has formed an experimental blockchain group led by head of Messenger David Marcus to examine the technology’s best application across Facebook. David Marcus, the head of Facebook’s messaging app Messenger, announced that the social media site is exploring possible applications for blockchain technology, CNBC reported May 8. “I'm setting up a small group to…
Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days
Texas securities regulators have issued a cease-and-desist order to a Bitcoin investment company which allegedly sold unregistered securities and made fraudulent statements. The Texas State Security Board (TSSB) issued a cease-and-desist order May 8 to a Bitcoin investment company that reportedly offers unregistered securities and makes deceiving statements that mislead investors. An official notice was…
Ukrainian Securities Regulator To Consider Crypto As Financial Instrument
The head of the Ukrainian securities commission said that the crypto market is an integral part of economics and finance, and needs legislative recognition. The Ukrainian National Securities and Stock Market Commission (SSMCS) will consider recognizing cryptocurrencies as a financial instrument, according to an announcement May 8. The head of the commission, Timur Khromaev, made…
Microsoft Azure Launches Tool To Speed Up Blockchain-Based App Creation
Microsoft has launched a development automation tool for businesses looking to create blockchain-based apps. Microsoft’s cloud computing platform Azure formally announced the release of its blockchain app creation service, Azure Blockchain Workbench, on May 7. In a press release, the company highlighted blockchain as a “key topic of interest” as it also kicks of its…
Company Launches Blockchain Platform to Enable Transparent and Low Cost Advertising
sponsored A new online advertising platform plans to connect businesses with “large numbers” of crypto enthusiasts in a matter of minutes. A company has launched an online advertising platform AdCoinClick that enables businesses and individuals to pay for campaigns using cryptocurrency – all the while providing publishers with an innovative way of monetizing content directly…
NYT: New York Stock Exchange Owner Wants To Let Customers Buy Bitcoin
The owner of the New York Stock Exchange wants to offer its customers Bitcoin, according to unnamed sources speaking to the New York Times. The owner of the New York Stock Exchange (NYSE) is mulling letting customers buy and hold Bitcoin, The New York Times reported late Monday, May 7. The move would be the…
Binance CEO Calls ICOs Necessary And ‘100 Times Easier Than Traditional Venture Capital’
Binance CEO Changpeng Zhao said in a blog post that ICOs perform better than VCs, claiming they are “100 times easier” for raising money. Changpeng Zhao, the CEO of digital currency trading platform Binance, said in a blog post May 7 that initial coin offerings (ICO) perform far better than venture capital funds (VCs), even…
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 07
Technical analysis on top 9 cryptocurrencies. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The question…