Bitcoin_valt_acquisition-min

San Francesco-based Coinbase eyeing crypto custody firm Xapo for acquisition

As per news, crypto exchange Coinbase is reportedly taking steps for acquiring crypto custody firm Xapo for about $50 million, however, the deal is yet to be closed. As per reports, the Hong-Kong based company, Xapo is known for offering BTC wallets combined with cold storage vault and a Bitcoin [BTC]-based debit card. As per the Wall Street Journal, Xapo stores customer funds in offline, encrypted servers that are never connected to the internet, often referring to it as a Fort Knox of Bitcoin [BTC] storage.

Bitcoin_valt_acquisition-min

San Francesco-based Coinbase eyeing crypto custody firm Xapo for acquisition

As per news, crypto exchange Coinbase is reportedly taking steps for acquiring crypto custody firm Xapo for about $50 million, however, the deal is yet to be closed. As per reports, the Hong-Kong based company, Xapo is known for offering BTC wallets combined with cold storage vault and a Bitcoin [BTC]-based debit card. As per the Wall Street Journal, Xapo stores customer funds in offline, encrypted servers that are never connected to the internet, often referring to it as a Fort Knox of Bitcoin [BTC] storage.

LATEST NEWS​

firefox_cryptojack_security
Technology

Firefox Quantum incorporates privacy toggle for protection against cryptojacking

As per Mozilla’s blog post, Firefox Quantum, the latest version of the open-source internet browser has reportedly incorporated privacy toggle for protection against crypto-jacking. As per news, Mozilla purportedly warned its users earlier about crypto-jacking, websites that can deploy scripts that launch a crypto miner on a user’s machine without them being aware of it. However, users can now reportedly toggle an opt-in feature that purportedly blocks potential-cryptojackers from taking advantage of spare computing power for crypto mining, reported Cointelegraph.

Monero is a modern way of exchange and this crypto currency is a convenient means of payment in the financial and web markets
Technology

Harry Halpin: Monero and Zcoin are ‘privatizing the blockchain’

The privacy-oriented coin, Monero and its fundamental features viz ring signatures, ring confidential transactions and stealth addresses have reportedly received acclaim in the past. As per new, however, Harry Halpin, CEO of Nym technologies alleged Monero and Zcash for “privatizing the blockchain” as a whole, with sensitive data easily viewable to fraudulent entities. Further to the accusation, Nym technologies have added Tor, started as a Navy research project as a solution with claims of being better than Monero and Zcash to conceal sensitive data on its platform, reported AMBCrypto.

Bitfinex_&_Tether-min`
Regulations

Bitfinex and Tether lawyers appeal for case dismissal over NYSC’ lack of jurisdiction

As per news, Bitfinex and Tether lawyers are purportedly moving to dismiss their ongoing case against the New York Attorney General [NYAG] for the alleged $850 million cover-up. As per reports, the law firms representing the companies have argued saying the New York Supreme Court [NYSC] holds neither personal nor subject matter jurisdiction. While providing validation the law firms add, Bitfinex and Tether neither operates out of New York nor has harmed investors in that state, reported Cointelegraph.

China_blockchain_forerunner
Technology

Blockchain adoption spree: Chinese e-commerce giant JD.com has filed for over 200 blockchain patents

As per the local news, Chinese e-commerce giant JD.com has reportedly applied for over 200 blockchain-related patents followed by its competitor Alibaba which has purportedly applied for a total of 262 blockchain patents at press time. Furthermore, Chinese internet titans Tencent and Baidu have reportedly applied for 80 and 50 blockchain-related patents, respectively. As per reports, China is purportedly referred to as the global forerunner in blockchain applications, with 4,435 blockchain patent applications filed from 2013 to 2018, China accounts for 48 per cent of global blockchain filings.

SEC_shutting_down_-min
Regulations

SEC halts Argyle Coin which duped funds worth $30 million into ‘Diamond-Backed’ cryptocurrency

As per news, the United States Securities and Exchange Commission [SEC] has reportedly halted the confirmed cryptocurrency Ponzi Scheme Argyle Coin, after it took funds worth $30 million. As per reports, Jose Angel Aman, the principal behind Argyle Coin is subject to legal action for running a Ponzi scheme with the money gained from investors in his purportedly alleged diamond resale outfit. Moreover, the coin backed by various precious stones involved participation from 300 investors in the U.S. and Canada, while further investigations lead to allegations like selling unlicensed securities, reported Cointelegraph.

Block.one_EOSIO_Explore-min
Technology

Block.one deploys the EOSIO Explorer interface to ‘improve developer experience’

Block.one subsidiary EOSIO Labs, had reportedly deployed a web-based graphical user interface, the EOSIO Explorer on 21st May. As per the blog post, the interface was designed to help better the overall developer experience with reference to ‘interaction and monitoring’ on the EOS apps and networks during the development stage. Furthermore, the interface purportedly claims to reduce time spent on developing apps, while also making EOSIO smart contract development more accessible to a wider spectrum of developers, reported blokt.

🔗blokt
Kraken_fund_raising-min
Markets

Kraken offers shares at $4 billion valuation with $6.7 million already raised

Major cryptocurrency exchange, Kraken is reportedly looking to raise at least $10 million [0.255 per cent equity] at a purported value of $4 billion. As per reports, the crypto exchange has already managed to raise about $6.7 million from 285 investors at the time of press. The exchange purportedly said that they have seven established bank and payments partners while adding, “client on-boarding infrastructure & AML/KYC policies capture significant upside from institutional adoption,” reported TrustNodes.

ZSE_blockchain_adoption-min`
Regulations

Zimbabwe Stock Exchange [ZSE] is interested in adopting the Blockchain, says Justin Bgoni

As per local news, the Chief Executive of the Zimbabwe Stock Exchange, Justin Bgoni has announced his interest in adopting the blockchain tech while seeking regulatory clarity. As per reports, the exchange is reportedly considering the use of blockchain-based services and products in real estate investment trust securities, mineral commodities exchange and exchange-traded funds [ETF]. Bgoni purportedly adds, “in terms of regulation,” the exchange does not wish to proceed, however, concluding with, “But the technology side is very good.”

firefox_cryptojack_security

Firefox Quantum incorporates privacy toggle for protection against cryptojacking

As per Mozilla’s blog post, Firefox Quantum, the latest version of the open-source internet browser has reportedly incorporated privacy toggle for protection against crypto-jacking. As per news, Mozilla purportedly warned its users earlier about crypto-jacking, websites that can deploy scripts that launch a crypto miner on a user’s machine without them being aware of it. However, users can now reportedly toggle an opt-in feature that purportedly blocks potential-cryptojackers from taking advantage of spare computing power for crypto mining, reported Cointelegraph.

Monero is a modern way of exchange and this crypto currency is a convenient means of payment in the financial and web markets

Harry Halpin: Monero and Zcoin are ‘privatizing the blockchain’

The privacy-oriented coin, Monero and its fundamental features viz ring signatures, ring confidential transactions and stealth addresses have reportedly received acclaim in the past. As per new, however, Harry Halpin, CEO of Nym technologies alleged Monero and Zcash for “privatizing the blockchain” as a whole, with sensitive data easily viewable to fraudulent entities. Further to the accusation, Nym technologies have added Tor, started as a Navy research project as a solution with claims of being better than Monero and Zcash to conceal sensitive data on its platform, reported AMBCrypto.

Bitfinex_&_Tether-min`

Bitfinex and Tether lawyers appeal for case dismissal over NYSC’ lack of jurisdiction

As per news, Bitfinex and Tether lawyers are purportedly moving to dismiss their ongoing case against the New York Attorney General [NYAG] for the alleged $850 million cover-up. As per reports, the law firms representing the companies have argued saying the New York Supreme Court [NYSC] holds neither personal nor subject matter jurisdiction. While providing validation the law firms add, Bitfinex and Tether neither operates out of New York nor has harmed investors in that state, reported Cointelegraph.

China_blockchain_forerunner

Blockchain adoption spree: Chinese e-commerce giant JD.com has filed for over 200 blockchain patents

As per the local news, Chinese e-commerce giant JD.com has reportedly applied for over 200 blockchain-related patents followed by its competitor Alibaba which has purportedly applied for a total of 262 blockchain patents at press time. Furthermore, Chinese internet titans Tencent and Baidu have reportedly applied for 80 and 50 blockchain-related patents, respectively. As per reports, China is purportedly referred to as the global forerunner in blockchain applications, with 4,435 blockchain patent applications filed from 2013 to 2018, China accounts for 48 per cent of global blockchain filings.

SEC_shutting_down_-min

SEC halts Argyle Coin which duped funds worth $30 million into ‘Diamond-Backed’ cryptocurrency

As per news, the United States Securities and Exchange Commission [SEC] has reportedly halted the confirmed cryptocurrency Ponzi Scheme Argyle Coin, after it took funds worth $30 million. As per reports, Jose Angel Aman, the principal behind Argyle Coin is subject to legal action for running a Ponzi scheme with the money gained from investors in his purportedly alleged diamond resale outfit. Moreover, the coin backed by various precious stones involved participation from 300 investors in the U.S. and Canada, while further investigations lead to allegations like selling unlicensed securities, reported Cointelegraph.

Block.one_EOSIO_Explore-min

Block.one deploys the EOSIO Explorer interface to ‘improve developer experience’

Block.one subsidiary EOSIO Labs, had reportedly deployed a web-based graphical user interface, the EOSIO Explorer on 21st May. As per the blog post, the interface was designed to help better the overall developer experience with reference to ‘interaction and monitoring’ on the EOS apps and networks during the development stage. Furthermore, the interface purportedly claims to reduce time spent on developing apps, while also making EOSIO smart contract development more accessible to a wider spectrum of developers, reported blokt.

🔗blokt
Kraken_fund_raising-min

Kraken offers shares at $4 billion valuation with $6.7 million already raised

Major cryptocurrency exchange, Kraken is reportedly looking to raise at least $10 million [0.255 per cent equity] at a purported value of $4 billion. As per reports, the crypto exchange has already managed to raise about $6.7 million from 285 investors at the time of press. The exchange purportedly said that they have seven established bank and payments partners while adding, “client on-boarding infrastructure & AML/KYC policies capture significant upside from institutional adoption,” reported TrustNodes.

ZSE_blockchain_adoption-min`

Zimbabwe Stock Exchange [ZSE] is interested in adopting the Blockchain, says Justin Bgoni

As per local news, the Chief Executive of the Zimbabwe Stock Exchange, Justin Bgoni has announced his interest in adopting the blockchain tech while seeking regulatory clarity. As per reports, the exchange is reportedly considering the use of blockchain-based services and products in real estate investment trust securities, mineral commodities exchange and exchange-traded funds [ETF]. Bgoni purportedly adds, “in terms of regulation,” the exchange does not wish to proceed, however, concluding with, “But the technology side is very good.”

Bitnami