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The latest cryptocoin news from cryptscout.com- Bitcoin News Summary February 18, 2019 Tuesday, 19 February 2019The post Bitcoin News Summary &8211 February 18, 2019 appeared first on 99 Bitcoins.nHeres what happened this week in Bitcoin in 99 seconds. Morgan Creek Digitals new crypto venture capital fund received investment from Virginian pension plans. The fund has raised $40 million, most of which for investment in promising crypto companies, though some portion […]
- Op Ed How Bitcoins Protocol of Peace Can End the Nuclear Age Tuesday, 19 February 2019n nn nn Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people. For some, it presented opportunities for prosperity, becoming the best performing asset in their portfolio. For others, this peer-to-peer cash for […]
- SEC to Review NYSE Arca Bitwise Bitcoin ETF Proposal Tuesday, 19 February 2019n nn nn Yet another journey to launch a bitcoin exchange-traded fund ETF has begun.According to a published notice, the U.S. Securities and Exchange Commission SEC has begun reviewing a proposed rule change for a bitcoin ETF filed by NYSE Arca and Bitwise. The Commission now has 45 days from the date of publication to […]
- Op Ed Why Its Unsafe to Store Private Crypto Keys in the Cloud Tuesday, 19 February 2019n nn nn There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. For example, in August 2018, a fourth man was jailed in the U.S. […]
- Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin Tuesday, 19 February 2019n nn nn China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit ASIC processor dubbed the BM1397.Beyond energy efficiency, the new mining processor promises to achieve faster performance for mining cryptocurrencies that use the SHA256 algorithm for their proof […]
- Is It Time to Take an Initiative to Decrease Bitcoins Block Size Seriously Sunday, 17 February 2019n nn nn Whilst debate raged throughout the Bitcoin community over whether the block size limit should be increased and how, Luke-jr for years stood out for arguing the exact opposite position. One megabyte blocks werent too small, he maintained even as SegWits block size increase gained broad support, they were too big. No increase, […]
- QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust Sunday, 17 February 2019n nn nn Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets.When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchanges cold storage keys. In his will, […]
- Wyoming Passes New Friendly Regulations for Crypto Assets Sunday, 17 February 2019n nn nn The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February.According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming law recognizes property rights in the […]
- Bitcoin Price Analysis After Sudden Upswing, Bitcoin Price Drifts Downward Friday, 15 February 2019n nn nn Last week, we saw a violent move to the upside as bitcoin rallied 11 over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last weekFigure 1 BTC-USD, Hourly […]
- Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors Friday, 15 February 2019n nn nn A group of lawyers from some of Canadas top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. By the end of the hearing, the presiding judge wouldnt make a decision on which firm would play counsel for […]