Posted Date: October 16, 2018
On Oct. 15, Binance announced the launch of its fiat-to-cryptocurrency exchange in Uganda. The world’s biggest digital currency exchange said users in the East African country are now able to complete full account verification starting immediately. Deposits and withdrawals of the local fiat currency, the Ugandan shilling, start on Wednesday. Also read: Bitcoin After Death: The […] The post Binance Opens Fiat-To-Crypto Exchange in Uganda appeared first on Bitcoin News.

Posted Date: October 16, 2018
Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Provisional Licenses Issued […] The post 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone appeared first on Bitcoin News.

Posted Date: October 16, 2018
Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals New Crypto Company Formed Leading financial services […] The post Fidelity Launching Crypto Custody and Trading Services appeared first on Bitcoin News.

Posted Date: October 16, 2018
Canaan Creative, the world’s second largest manufacturer of cryptocurrency mining hardware, has announced a new mining rig, the Avalonminer A911, alongside plans to develop a mining heater and portable miner. The company has also purportedly expressed its intention of developing a 5nm mining chip. Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is […] The post Canaan Creative Announces New Avalonminer A911 Mining Rig appeared first on Bitcoin News.

Posted Date: October 16, 2018
On Monday the cryptocurrency payment processor Bitpay announced the company is now supporting settlement options using two stablecoins — the Gemini dollar and the Circle Centre coin. Not only can Bitpay merchants settle in BCH, BTC, and local fiat currencies, but they can also utilize a US dollar-equivalent digital currency. Also read: BCH Devcon Streamlines Bitcoin […] The post Bitpay Announces Stablecoin Support for Merchant Settlement appeared first on Bitcoin News.

Posted Date: October 16, 2018
On Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […] The post Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus appeared first on Bitcoin News.

Posted Date: October 16, 2018
The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. […] The post Zambia Launches Crackdown on Crypto Companies appeared first on Bitcoin News.

Posted Date: October 16, 2018
If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift […] The post Bitcoin After Death: The Perils of Sharing One’s Fortune appeared first on Bitcoin News.

Posted Date: October 16, 2018
We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors! Apparently the subject on everyone's mind today is “Roger Ver is planning to open his own cryptocurrency exchange”. The global crypto community of course took his statement seriously since “Bitcoin Jesus” has a good eye for the major upcoming industry trends. The post PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board appeared first on Bitcoin News.

Posted Date: October 16, 2018
New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low […] The post Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund appeared first on Bitcoin News.