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HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node (cryptosyringe.com) 10/20/2019 - 8:58am
Taiwanese electronics giant HTC has launched its new smartphone Exodus 1s, enabling users to run a full Bitcoin (BTC) node on mobile. First smartphone to support full Bitcoin node In line with an announcement in May 2019, HTC launched the Exodus 1s at the Lightning Conference in Berlin on Oct. 19 and started selling the first devices during the...
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Will GM’s Rumored Electric Hummer Let the Air Out of Tesla’s Tires? (cryptosyringe.com) 10/20/2019 - 8:53am
After a trying month due to labor disputes, American automaker General Motors (NYSE:GM) looks likely to be on the upswing ahead of it’s Oct. 29 Q3 results. GM seems to be in the final stages of wrapping up a deal with the United Auto Workers union, which has helped the stock recoup some of the value it lost following the UAW strike announcement in...
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Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage (cryptosyringe.com) 10/19/2019 - 3:38am
Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer’s dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage. FDIC insures deposits up to $250,000 In a blog post on Oct. 18, Binance.US announced that the exchange holds its U.S. dollar deposits...
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Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says (cryptosyringe.com) 10/19/2019 - 3:33am
American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll out its crypto custody business following a year-long...
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Bitcoin ‘Greatest Gift’ to Mankind, Says Former Google Africa CEO (cryptosyringe.com) 10/19/2019 - 3:24am
Stafford Masie, general manager of WeWork South Africa and former chief of Google Africa, believes bitcoin, more than any other technology, has the ability to permanently change the world for the good. Speaking at the SingularityU South Africa Summit this week, Masie said that bitcoin’s ability to provide an exchange of value without the need of a...
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Crypto-Friendly Browser Brave Hits 8 Million Monthly Active Users (cryptosyringe.com) 10/18/2019 - 3:16am
Cryptocurrency-powered web browser Brave announced on Oct. 16 that it has reached eight million monthly active users. Daily active users stand at over 2.8 million, and the number of creators subscribed to its web advertisement network also reportedly increased substantially. There are also over 290,000 Brave Verified Publishers who subscribed to...
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Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds (cryptosyringe.com) 10/18/2019 - 3:12am
Bitcoin (BTC) bull and co-founder of Gemini crypto exchange Cameron Winklevoss has noted that the volume of negative interest bonds accounts for $17 trillion and has urged the public to buy Bitcoin. In an Oct. 17 tweet . Winklevoss wrote: “$17 trillion dollars are currently held in negative interest bonds. 17 trillion reasons why you should own...
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Binance DEX Prepares to List a BCH-Pegged Token (cryptosyringe.com) 10/18/2019 - 3:08am
Changpeng Zhao (aka “CZ”), CEO and founder of major cryptocurrency exchange Binance, has proposed to list a token pegged to Bitcoin Cash ( BCH ) on Binance DEX, the platform’s decentralized counterpart. According to the post published in Binance’s official “Token Issuance & Listings” section on Oct. 17, CZ proposes to “to list BCH-1FD, a...
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Bitcoin Price Collapses Under $8,000 Again as Traders Fear Bigger Fall (cryptosyringe.com) 10/17/2019 - 7:07am
The bitcoin price has dropped below $8,000 once again and traders are preparing for a larger pullback in the cryptocurrency market. On October 11, when the bitcoin price spiked to $8,800, the probability of a short term trend reversal to the upside initially increased. However, following a hard rejection down to $8,200 within a span of hours, the...
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CFTC Files Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam (cryptosyringe.com) 10/17/2019 - 4:26am
The United States Commodity Futures Trading Commission (CFTC) has announced the filing of a civil enforcement action against Nevada-based Circle Society. Defendants guaranteed investors 300% return On Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation,...
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Telegram Aims to Delay TON Launch Deadline Ahead of SEC Meeting (cryptosyringe.com) 10/17/2019 - 4:22am
Encrypted messaging service Telegram wants to postpone the launch date of its Telegram Open Network (TON) following issues with the United States Securities and Exchange Commission (SEC). According to an investor message seen by Cointelegraph on Oct. 16, Telegram told investors that it wants to push back the deadline to April 30, 2020. The launch...
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Sacramento Kings Pro Basketball Team Launches Crypto Collectibles (cryptosyringe.com) 10/17/2019 - 4:21am
The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles. In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies will give away 100 limited-edition Kaiju collectible toys throughout the 2019–2020...
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Here’s How Much Bitcoin Is Currently Locked Up in Sidechains (cryptosyringe.com) 10/17/2019 - 4:19am
Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent market Data from block explorers confirms that as of Oct. 17, a total of 9,661 BTC ($76.96 million) or a tiny 0.054% of today’s Bitcoin supply resides in three major...
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Luxury Car Manufacturer Begins Accepting Bitcoin for Vehicle Sales (cryptosyringe.com) 10/17/2019 - 4:17am
California-based luxury electric car manufacturer Karma Automotive has begun accepting digital currency as a means of payment at one of its stores in Newport Beach. Karma Newport Beach now enables customers to pay in Bitcoin (BTC) for new vehicle purchases and related services, according to a company news release on Oct. 15. Announcing the new...
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Miami International Airport Gets Its First Bitcoin ATM (cryptosyringe.com) 10/16/2019 - 7:13am
Bitcoin (BTC) ATM firm Bitstop installed one of its machines at the Miami International Airport, announcing the news in a press release published on Oct. 15. The Bitcoin ATM has been reportedly installed in concourse G next to gate 16 and allows customers to buy Bitcoin for cash. A strategic position The company claims that the location is...
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Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC (cryptosyringe.com) 10/16/2019 - 7:11am
The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an...
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Ford Uses Blockchain Tech to Track ‘Green Miles’ Driven By Vehicles (cryptosyringe.com) 10/16/2019 - 7:03am
The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles. Analyzing real-world benefits of energy-efficient vehicles On Oct. 15, Ford announced that it is expanding its European plug-in hybrid electric vehicle (PHEV) pilot project to Cologne...
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Epic On-Stage ‘Satoshi T-Shirt’ Trolling of Craig Wright Earns Community Praise (cryptosyringe.com) 10/16/2019 - 6:58am
In Crypto Twitter (CT), your standing within the community can change very quickly. One day you may feel like you’re on the top of the world but one erroneous call or poor judgment can instantly rob you of your fame. Arguably, no other personality in CT knows this better than trader Tone Vays. The crypto trader has managed to amass a following of...
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A transaction of more than $ 900 million went through the bitcoin network. The commission was less than $ 4 (cryptosyringe.com) 10/16/2019 - 6:29am
The head of the Bitstamp exchange Neich Kodrich published a tweet with details of the transaction at 112,027 BTC (more than $ 930 million at the current rate), which took place on October 14 on the Bitcoin network. 112,027 BTC ($933,000,000 USD) transferred in a single transaction for the price of a cup of coffee (Tx fee = $3.89). #bitcoin https...
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Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’ (cryptosyringe.com) 10/15/2019 - 3:38am
Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about this” After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto...
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UK Real Estate Firm Accepts Bitcoin for Sale of 150-Year-Old Church (cryptosyringe.com) 10/15/2019 - 3:37am
A 150-year-old English church is being sold for $1.5 million with the vendor accepting payment in Bitcoin (BTC). Vendor is willing to receive payment in Bitcoin According to a listing on Rightmove, a major British online real estate portal and property website, a vendor put an 18th-century church converted into a seven-bedroom character property...
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Bitcoin Price: 2 Key Indicators Suggest Accumulation Underway Below $10K (cryptosyringe.com) 10/15/2019 - 3:35am
Bitcoin (BTC) finished a volatile week at $8,282 which is a 5% increase for the week but still 6% away from the highs of over $8,800. This morning, Bitcoin took another knock at opening, trading slightly lower alongside the rest of the cryptocurrency market and traditional markets. XRP has thus far bucked the trend and is up 3% at the time of...
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Fortnite Blackout Continues and Twitter Is Blaming Elon Musk (cryptosyringe.com) 10/15/2019 - 3:19am
Fortnite players were treated to a singularly mysterious ending to Season 10 over the weekend. Players of the multiplayer online shooter game logged on Sunday to participate in The End event. At around 2 p.m. Eastern Time, a rocket exploded. The explosion collapsed into a black hole that pulled in the entire Battle Royale map and all the players...
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UNICEF Will not Convert Bitcoin and Ethereum Donations to Fiat Currency (cryptosyringe.com) 10/15/2019 - 3:14am
Numerous organizations around the globe can benefit from various cryptocurrencies. UNICEF is one of those organizations, and it seems they are taking it to the next level. The UN Children’s agency now accepts, holds, and distributes donations of cryptocurrencies through the UNICEF Cryptocurrency Fund. UNICEF AND CRYPTOCURRENCY It is rather...
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Balancing the Ledger: Ripple CEO Brad Garlinghouse Talks XRP, Lawsuit, and Facebook Libra (cryptosyringe.com) 10/15/2019 - 3:05am
When Facebook initially announced its cryptocurrency project Libra in June, Brad Garlinghouse, the CEO of blockchain company Ripple, was ecstatic. Garlinghouse was so excited by the project—and the uptick in interest it had also generated for Ripple—that he sent Libra’s creator some celebratory champagne, he said at Fortune’s Brainstorm Finance...
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Privacy Coin Zcash Community to Develop Wrapped Token for Ethereum (cryptosyringe.com) 10/14/2019 - 1:44am
The privacy-focused cryptocurrency Zcash (ZEC) is seeking access to Ethereum’s decentralized finance (DeFi) ecosystem. Zcash’s shielded addresses on the Ethereum network On Oct. 13, Coindesk reported that the topic of interoperability was the theme of the now concluded Devcon 5 developer conference in Osaka, Japan, where a number of smaller...
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Telegram Responds to Investors on SEC Action, Hearing Set for Oct. 24 (cryptosyringe.com) 10/14/2019 - 1:41am
Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal. No clear feedback from SEC for 18 months According to a TON letter to investors obtained by CS, the firm has been trying to solicit feedback from the United States Securities and Exchange...
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Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper (cryptosyringe.com) 10/14/2019 - 1:28am
Billionaire investor Tim Draper has stated that he expects Bitcoin (BTC) — combined with other technologies — to change how governments operate worldwide. In a Medium post published on Oct. 10, Draper calls Bitcoin “the startup currency” and praises its decentralization and borderless nature, saying he believes that BTC will bring the world...
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Blockchain Firm Ripple Fuses xRapid, xVia and xCurrent into RippleNet (cryptosyringe.com) 10/13/2019 - 6:29am
Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering. Industry news outlet CS reported the change in Ripple’s product offering on Oct. 9. Little more than the names changed Per the report, a company’s spokesperson explained that now, “instead of buying xCurrent or xVia, customers...
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PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin (cryptosyringe.com) 10/12/2019 - 3:07am
After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated. Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11. He specifically...
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Visa, Mercado Pago, eBay, Stripe, and Mastercard drop out of Facebook’s Libra (cryptosyringe.com) 10/12/2019 - 2:44am
QUICK TAKE Five of Facebook’s Libra project have dropped out today Mercado Pago, Visa, eBay, Stripe, and, Mastercard have become the latest companies to officially depart from Libra Mercado Pago, Visa, eBay, Stripe, and, Mastercard have become the latest five companies to officially depart from Facebook’s Libra stablecoin project, following PayPal...
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Stellar, Tron, Hedera and more join hands in the name of blockchain education (cryptosyringe.com) 10/11/2019 - 11:40am
MouseBelt, a firm that specializes in support for students and crypto startups, has launched the Blockchain Education Alliance with 13 inaugural members. Mousebelt, a blockchain development and investment firm, today announced the launch of an alliance that brings together 13 big-time players in the crypto industry, all in the name of promoting “...
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CFTC says cryptocurrency ether is a commodity, and ether futures are next (cryptosyringe.com) 10/11/2019 - 2:08am
Last December, the Commodity Futures Trading Commission (CFTC) issued a public call for feedback to “better inform the Commission’s understanding” of the Ethereum network and the cryptocurrency ether. Now CFTC Chairman Heath Tarbert, who just took over the role in July, has come to a decision on its status. Tarbert believes ether (ETH) is a...
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Price Analysis 09/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX (cryptosyringe.com) 10/10/2019 - 3:16am
Grayscale director of sales and business development Rayhaneh Sharif-Askary said that institutional interest in the crypto space has been strong throughout this year. The second quarter inflow was $85 million with 80% coming from institutions. Though this is positive, it shows that the inflow is only a trickle and a fraction of the firepower the...
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5 Saucy Elon Musk Revelations in Explosive Cave Diver Lawsuit Filing (cryptosyringe.com) 10/10/2019 - 3:09am
This week court documents from an ongoing defamation lawsuit against Elon Musk allowed the public to journey inside the eccentric businessman’s psyche via the transcripts of his deposition. The lawsuit was filed by Vernon Unsworth, a cave diver who Musk called a “pedo guy” on Twitter after he helped rescue a boys’ soccer team trapped in underwater...
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US SEC Rejects Bitwise Bitcoin ETF Proposal (cryptosyringe.com) 10/10/2019 - 1:36am
The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF). In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements. Specifically, regulators stated that the applicants did...
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Grayscale: Institutional Interest in Crypto Doubles in Q2 (cryptosyringe.com) 10/10/2019 - 1:35am
A senior executive at cryptocurrency asset management giant Grayscale has stated that institutional investors are constantly piling into the space in 2019. Grayscale says institutions were always active Speaking in an interview with news outlet The Block on Oct. 8, the company’s director of sales and business development Rayhaneh Sharif-Askary...
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New IRS Crypto Tax Guidelines Only Add More Problems for Bitcoin Taxpayers, ‘Don’t Make Sense In Current Form’ (cryptosyringe.com) 10/10/2019 - 1:32am
The Internal Revenue Service (IRS) has published a new statement intended to clear up the issue of taxing cryptocurrencies — specifically regarding airdrops and hard forks. However, what the tax authorities shared only leads to more questions and confusion. According to a new document from the IRS , the independent agency seems to understand that...
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Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto (cryptosyringe.com) 10/10/2019 - 1:28am
Facebook CEO Mark Zuckerberg will defend the Libra cryptocurrency project before U.S. lawmakers later this month. The House Financial Services Committee announced Wednesday that Zuckerberg will testify on Oct. 23 during a hearing titled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.” Zuckerberg will be...
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Nearly $10 Billion in BTC Is Held in Wallets of 8 Crypto Exchanges (cryptosyringe.com) 10/09/2019 - 3:04am
Almost 7% of the entire circulating supply of Bitcoin (BTC) is held in the wallets of eight major cryptocurrency exchanges, according to Twitter account The Token Analyst. “Exchanges are the biggest HODLers” On Oct. 8, the Token Analyst wrote that, throughout Bitcoin’s history, the amount of the world’s most popular crypto coins on exchange...
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Chainlink Blazing a Trail to All-Time High? (cryptosyringe.com) 10/09/2019 - 3:01am
Chainlink (LINK) has been on fire, blazing its own trail independent from the rest of the market. The digital asset appears to be in the beginning stages of a strong uptrend on the charts, backed by a devoted community and several significant news headlines this year. Chainlink’s recent price action is notable because of its timing and...
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UNICEF Launches Cryptocurrency Fund Supported by Ethereum Foundation (cryptosyringe.com) 10/09/2019 - 2:54am
UNICEF, the United Nations Children’s Fund, has launched a cryptocurrency fund to support open source technology “benefiting children and young people around the world.” According to the official announcement published on Oct. 8, UNICEF thus became the first U.N. organization “to hold and make transactions in cryptocurrency,” namely Bitcoin (BTC)...
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Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem (cryptosyringe.com) 10/08/2019 - 6:11am
Cryptocurrency exchange CoinField has launched an XRP validator which is already included in Ripple’s Unique Node List (UNL). According to a news release published on Oct. 2, “UNLs are the lists of transaction validators a given participant believes will not conspire to defraud them.” The exchange’s team has also reportedly been working on a new...
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Bitcoin Volume Spikes as Hong Kong Moves Towards First Recession in a Decade (cryptosyringe.com) 10/08/2019 - 5:01am
submitted by /u/cryptosyringe [link] [comments]
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Class action lawsuit against Bitfinex and Tether filed by lawyers who successfully sued Craig Wright (cryptosyringe.com) 10/08/2019 - 4:57am
QUICK TAKE A class action lawsuit was filed today against Bitfinex and Tether by the lawyers who successfully sued Craig Wright Bitfinex and Tether’s liability to the putative class allegedly surpasses $1.4 trillion U.S. dollars The lawsuit was filed in the Southern District of New York A class action lawsuit was filed today against Bitfinex,...
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Samsung Pay Teams Up With RippleNet Member Finablr (cryptosyringe.com) 10/07/2019 - 2:21am
Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users. Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border...
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SEC: If Bitcoin Was a Security, It Would ‘Raise Substantial Issues’ (cryptosyringe.com) 10/07/2019 - 2:17am
The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined the investment company’s registration statement on the grounds (among others) that Bitcoin is not a security. Per the letter, Cipher attempted...
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Hong Kong ATMs Run Out of Money As Bitcoin Trading Volume Balloons (cryptosyringe.com) 10/07/2019 - 1:26am
submitted by /u/cryptosyringe [link] [comments]
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