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    News about Bitcoin, ICO, Blockchain Technology, investment, mining

    19 february 2019

    SBI is gearing to back up Ripple to push XRP above bitcoin in the crypto market cap. This may happen according to SBI, CEO, who recently revealed the plan, in an interview with Coin Post, a Japanese news outlet.

    Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.

    The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial news site the Paypers on Feb. 19.

    Coinbase has acquired blockchain analytics startup Neutrino as part of a wider push to offer more diverse crypto assets across borders.

    Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok Post reports on Feb. 18.

    Mining hardware giant Bitmain lost about $500 million in the third quarter of 2018 amid an overall bearish market for cryptocurrency.

    18 february 2019

    Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18.

    Bitmain Technologies has announced a new 7-nanometer bitcoin mining processor that it says offers new levels of energy efficiency.

    On a bustling street near the shiny new international airport in Ethiopia’s capital is a small coffee roastery with big dreams.

    Over the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner.

    Recently, Morgan Creek founder Anthony Pompliano stated that Bitcoin has the potential to become the new global currency not tied to a specific country or central authority.

    Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma.

    On a bustling street near the shiny new international airport in Ethiopia’s capital is a small coffee roastery with big dreams.

    Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on Feb. 12. The app’s new structure appears to indicate that it will support cryptocurrency payments in addition to fiat.

    Shift Card, a debit card that allowed users to spend their cryptocurrencies directly from their Coinbase account, is shutting down and will cease to work on April 11.

    A blockchain-enabled waste permit portal will be launched in Sharjah, the United Arab Emirates (UAE), the country’s official news agency, Emirates News Agency (WAM), reported on Feb. 17.

    17 february 2019

    The Elon Musk-backed nonprofit company OpenAI declines to release research publicly for fear of misuse

    A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old dealer argues that not all of his bitcoin was used for criminal purposes.

    Every crypto investor’s worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium.

    As calls claiming that Bitcoin could rally into 2020’s block reward reduction have ramped, some have remained wary of BTC’s short-term prospects. In fact, an array of analysts and industry commentators claim that the bottom is far from in.

    Quadriga CX founder Gerry Cotten died in December possibly holding the only keys to C$190 million ($143 million) in cryptocurrencies -- but five years ago, he revealed exactly how his digital exchange stored Bitcoin for its clients.

    16 february 2019

    Ethereum (ETH) co-founder Vitalik Buterin and other core devs have dismissed allegations that a new smart contract creation feature set to be released in the forthcoming Constantinople hard fork will have negative security implications. The discussion was held during a Ethereum core developer call on Feb. 15.

    Canadian regulator Financial Markets Authority of Quebec (AMF) says cryptocurrency mining contracts can fall under securities regulation. The announcement comes in response to a request that the investors of a cryptocurrency mining firm contact the AMF regarding $300,000 of unrecovered investments.

    Swych, a digital gifting platform, is reportedly going to start accepting crypto payments from next week as it aims to champion this "revolutionary technology" to become a viable method for shopping and gifting.

    Institutional money should start to flow into cryptocurrencies within the next year, setting the stage for a rally, according to Galaxy Digital Holdings Ltd. founder Mike Novogratz.

    U.S.-based graphics card maker Nvidia has said the downturn in sales to cryptocurrency miners drove a “disappointing” fourth quarter.

    15 february 2019

    French cryptocurrency hardware wallet company Ledger published a post on its official blog on Feb. 14 apologizing for issues with a recent firmware update for its Ledger Nano S. Specifically, the update reportedly decreased the device’s storage capacity, which the firm has promised to remedy.

    The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15.

    A number of apps in Microsoft’s app store have been found to be able to illicitly mine cryptocurrency.

    The world’s very first Bitcoin ATM opened in Vancouver, Canada in late 2013. Ever since that day, the total number of cryptocurrency ATMs around the globe has continued to increase.

    Researchers at cybersecurity firm, Kaspersky Labs say one-in-ten people have now used Bitcoin and other cryptocurrencies to make purchases online. Also, data from Bitcoin directory service platform, Coinmap shows that businesses accepting Bitcoin have surged by more than 700 percent within the last six years.

    Over 150 people bought pizza with bitcoin this week by using the Lightning Network.