Blockstream’s Liquid Network for “High Value” Bitcoin Payments Is Live

The Liquid Network is up and running. More than a year after its conceptual introduction at the Blockchain Association of Canada’s Government Forum in Ottawa, Blockstream’s bitcoin scaling solution made its public debut on October 10, 2018, after going live among its partners on September 27. Described by its creators as “an inter-exchange settlement network,” […]

While Major Crypto Exchanges Flourish, Minor Platforms Struggle in Bear Market

The world’s largest crypto brokerage Coinbase is reportedly close to finalizing a $500 million funding round at a valuation of $8 billion, and Binance has started to become more active in the investment sector, funding blockchain startups internationally. While major cryptocurrency exchanges like Coinbase, Binance, and BitMEX are seeing their businesses flourish with lucrative business […]

Court Authorizes Cryptocurrency Firm to Reclaim 530 ETH Sent to Wrong Address

The Supreme Court of British Columbia has issued a major ruling in a case stemming from a dispute over ethereum (ETH) tokens mistakenly sent to an initial coin offering (ICO) investor, and it could have implications for cryptocurrency users or exchanges outside of the litigants involved in the case. The ruling, which was issued by […]

Dubai to Launch “Emcash,” a Government-Approved Digital Currency

The city of Dubai has plans to launch its own digital currency. Emcash will be rolled out in the coming years and is being made possible by a state-backed firm called emcredit. Emcash to be Launched Later This Year, Pending Full Approval Those living in Dubai will soon be able to make payments for a […]

Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. In its defense, the company provides links to its public wallet addresses, stating that hearsay in spite of […]

UK’s Oldest Crypto Exchange Prepares for Employee Layoffs

In what may be a sign that business in the cryptocurrency space is in a winding down phase, U.K.-based bitcoin exchange Coinfloor is bidding adieu to half of its staff. The company, which claims to be the oldest crypto exchange in London, has roughly 40 employees. More than half of them will be let go, […]