Tuesday, December 11, 2018

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how coming from Wall Street made...

Vitalik Buterin: Proof-of-Stake, Sharding to Make Blockchains ‘1,000x’ More Efficient

Ethereum (ETH) co-founder Vitalik Buterin declared that future blockchains with sharding based on proof-of-stake (PoS) will be “thousands of times more efficient,” in a lengthy Twitter thread Dec. 10.In...

‘We’re at Home in Crypto Winter’: Winklevoss Twins Launch Crypto Trading App

Cryptocurrency trading platform Gemini founders Tyler and Cameron Winklevoss have launched a mobile crypto trading app together with a new investment vehicle, according to an official blog post published...

Gibraltar Blockchain Exchange Insures Its Crypto Assets With Local Broker

The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10.The exchange...

Samsung Dismisses Galaxy S10 Crypto Wallet Reports as ‘Rumor and Speculation’

Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone, in comments to Cointelegraph Dec. 11.The Korean-headquartered transnational tech conglomerate...

Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption

Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11.Tyson Hackwood will join the crypto firm as its...

Decentralized Browser Brave Becomes Default on HTC Blockchain Smartphone

Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10.Founded in 1997, HTC is a Taiwanese...

State Farm Tests Blockchain Solution to Speed Up Auto Insurance Claims

U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10.State Farm is a...

UNICEF Innovation Fund to Invest in Blockchain-Related Projects

The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10.The UNICEF Innovation Fund was launched specifically to finance...

EOS DApps Lose Almost $1 Million to Hackers Over the Last Five Months

Decentralized apps (DApps) based on the EOS blockchain have lost up to $1 million to hacks since July, Chinese crypto media Blockchain Truth reports Tuesday, Dec. 4.The report cites...

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British Crypto Exchange CEX.IO Now Requires Identity Info From Users

United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013,...

Spanish Ruling Party to Introduce Regulation on Blockchain, Crypto

Spanish ruling party Partido Popular (PP) will introduce a draft bill on cryptocurrencies and blockchain regulation in a few days, local newspaper La Vanguardia...

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how...