Crypto Press’s Evening Crypto News Digest – 2/28/2019 12:01:24 AM – UTC

Source From https://crypto.press/2019/02/28/crypto-presss-evening-crypto-news-digest-2282019-120124-am-utc/


crypto-press-header-crypto-currency-news-pricing-information-daily-news-digest-crypto-news

Bitcoin_Logo-bitcoin-latest-price-daily-price-information 2/28/2019 12:00:00 AM,$BTC | #BTC – bitcoin’s Current Price: ▲ $3851.0475 | 1h ▲ : 0.92 % | 24h ▲ : 0.01 % | 7d ▼ : -3.31% | More on: Bitcoin Information

thereum-news-ethereum-price-information-ETHEREUM-ICON_Black 2/28/2019 12:00:00 AM,$ETH | #ETH – ethereum’s Current Price: ▲ $136.1390 | 1h ▲ : 1.92 % | 24h ▼ : -0.96 % | 7d ▼ : -7.83% | More on: Ethereum Information

telegram-discord-join-the-discussion

Join the Discussion:

jQuery(function($){ $(window).load(function() { $(‘[data-basicslider=”true”]’).basicslider({
speed: 10000,
pauseOnHover: true
}); });});

  • genisismining-crypto-currencies
  • Buy Bitcoins with Credit Card
  • minergate-mine-crypto-currencies


:
XRP Price Drops Quickly as Bitcoin Capitulates Again
,

2019-02-27

:
While most crypto traders and enthusiasts would have expected an uptrend to materialize today, it seems those hopes are completely misguided. All markets are going in the deep red very quickly right now. The XRP price is no exception, as it remains under heavy bearish pressure in both USD and BTC markets. The Coinbase Pro listing isn’t doing much to change that fact at this time.nXRP Price Could Drop Below $0.3 AgainnDespite some very promising signs throughout …
,

Bitcoin Adoption: Could Chase Bank’s Anti-Conservative Push be an Opening Crypto?

:
2019-02-27

According to alternative news platform Breitbart, a slew of conservative media personalities have had their banking services terminated by Chase Bank. Amongst those impacted are Rebel Media host, Martina Markota; independent reporter, Joe Biggs; Proud Boys leader, Enrique Tarrio; and others.nSuch reported efforts to silence alternative views to those pushed by mainstream media should be concerning to all those who hold the concept of democracy dear. Interestingly, it could …

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

:
2019-02-27

Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems,” Ellis wrote in a client note. “Their core design characteristics — which are aimed at enabling ‘freedom of money’ — are in …

New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme

:
2019-02-27

The U.S. Department of Justice has charged a New York citizen with the development of an allegedly fraudulent cryptocurrency and marketing it to investors

Coinomi Wallet Addresses Vulnerability Concerns

:
2019-02-27

Software wallet firm Coinomi has denied claims that the wallet sends unencrypted recovery phrases through Google’s remote spell checker

Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?

:
2019-02-27

Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded the cryptocurrency in recent times, signaling that Bitcoin and crypto in general may soon become the focus of more innovation from major tech corporations.nSteve Wozniak, the co-founder of Apple, has long been an advocate for Bitcoin, but just recently …

Newsflash: Bitcoin Price Dives to $3,658, Down 13% Since Sunday

:
2019-02-27

The bitcoin price took another dive on Wednesday, slipping below the $3,700 mark after trading within a tight window for several days. Bitcoin had bounced around the $3,800 mark for most of the day but dipped below it shortly before 14:00 UTC. Six hours later, the flagship cryptocurrency experienced a sharp drop that carried it from $3,795 to $3,658 within a matter of minutes. That move took the bitcoin price to its lowest price since Feb. 18 and represented a 13 percent …

Online Leader in Bitcoin Poker Releases State of the Art Software for Multiple Devices

:
2019-02-27

INTERNET- Upon downloading the new SwC poker client, players will find a redesigned lobby with easy navigation between cash game, tournament and sit-n-go sections plus new features like the Bad Beat Jackpot and tournament satellites.nOnce SwC users join a table, they will find a faster, more stable, user friendly platform with a completely new backend. The new software spent six months in alpha testing followed by a three month beta test with a group of long-time SwC members …

XRP Price Drops Quickly as Bitcoin Capitulates Again

:
2019-02-27

While most crypto traders and enthusiasts would have expected an uptrend to materialize today, it seems those hopes are completely misguided. All markets are going in the deep red very quickly right now. The XRP price is no exception, as it remains under heavy bearish pressure in both USD and BTC markets. The Coinbase Pro listing isn’t doing much to change that fact at this time.nXRP Price Could Drop Below $0.3 AgainnDespite some very promising signs throughout …


jQuery(function($){ $(window).load(function() { $(“.intense.flexslider”).hover(function(){
$(this).find(“.flex-direction-nav a”).css(“opacity”, “.8”);
}, function(){
$(this).find(“.flex-direction-nav a”).css(“opacity”, “0”);
}); });$(‘#slider_2052178892’).flexslider({
slideshowSpeed: 7000,
pauseOnHover: true,
prevText: ”,
nextText: ”,
animation: ‘slide’,//controlNav: ‘thumbnails’,
});});

  • Bitcoin HIDDEN BULL PATTERN?! – LIVE Crypto Market Trading Analysis & BTC Cryptocurrency Price News

  • Enjin Pumps 200% + Samsung Partnership? Tron TRX + Institutions? (Cryptocurrency Trading + BTC News)

  • Breaking Bitcoin – Will Demand Overtake Supply? Live Cryptocurrency Technical Analysis

  • Top 3 Cryptocurrency to Watch for March 2019

  • TSA Cryptocurrency & Personal Algo’s. Gold ore treasure hunt

  • Who Samsung May Be Partnering Up With | Bitcoin and Cryptocurrency News

  • Tech news February 27th 2019 Galaxy fold Cryptocurrency mining Xbox and Windows 10 insider builds


jQuery(function($){ $(window).load(function() { $(‘[data-basicslider=”true”]’).basicslider({
speed: 10000,
pauseOnHover: true
}); });});

The post Crypto Press’s Evening Crypto News Digest – 2/28/2019 12:01:24 AM – UTC appeared first on Crypto.Press.

Continue Reading

Swiss Blockchain Hackathon in June Includes Partnerships With PwC, Amazon Web Services

Source From https://cointelegraph.com/news/swiss-blockchain-hackathon-in-june-includes-partnerships-with-pwc-amazon-web-services

Switzerland will host the Swiss Blockchain Hackathon in June 2019, with the partnership of major firms like PwC.

Switzerland will host the Swiss Blockchain Hackathon later this year in a bid to help companies find real-life applications of blockchain technology, according to an announcement published on Feb. 27.

The three-day event is reportedly organized by Switzerland’s six leading blockchain and IT organizations — Trust Square, Bitcoin Association Switzerland, CV Labs, Crypto Valley Association (CVA), Swiss Blockchain Federation and swissICT —  and will take place from June 21 to June 23, 2019.

Per the announcement, the hackathon is designed to facilitate the deployment of blockchain across a wide range of industry sectors and help find the technology’s tangible applications and business models. The event reportedly aims to attract around 200 industry players both from Switzerland and other countries.

Major tech and finance companies are partnering with the event including Accenture, Agroscope, Six Digital Exchange, Amazon Web Services, Blockfactory, Cardano, PwC, and others.

Switzerland has established itself as a cryptocurrency and blockchain-friendly country, with its global hub for virtual currencies known as the “Crypto Valley” in the canton of Zug. According to the annual “State of European Tech” report from technology investment firm Atomico, the “Crypto Valley” was ranked the fastest-growing tech community in Europe.

Recently, the president of the CVA, Daniel Haudenschild, declared that “we need a change in our laws and [sic] that requires more interaction with lawmakers and regulators. We need to make Switzerland open and easy for companies to invest in blockchain projects.” He also noted that the crypto bear market damaged Switzerland’s position as a global blockchain hub.

Last December, the Swiss Minister of Finance, Ueli Maurer, indicated that instead of a specific blockchain or cryptocurrency legal framework, Switzerland should tweak existing laws to allow for the new technology and its financial application. The government reportedly expects to propose changes to six laws, including the civil code and bankruptcy law, this year.

Continue Reading

Cybercriminals Ditch Ransomware and Malware-Based Attacks for Cryptojacking: IBM Study

Source From https://coinjournal.net/cybercriminals-ditch-ransomware-and-malware-based-attacks-for-cryptojacking-ibm-study/

Increased security measures and awareness are driving cybercriminals to change their techniques in search of a better return on investment, ditching ransomware and malware-based attacks for cryptojacking attacks, according to a new study by IBM. Malicious coin-mining or cryptojacking is the act of installing a cryptocurrency miner on the victim’s endpoint without their knowing it, […]

The post Cybercriminals Ditch Ransomware and Malware-Based Attacks for Cryptojacking: IBM Study appeared first on Coinjournal.

Continue Reading

Wirex Introduces Global Crypto Accounts for Businesses

Source From https://news.bitcoin.com/wirex-introduces-global-crypto-accounts-for-businesses/

Wirex Crypto Business Accounts

With the beta launch of crypto and fiat-enabled business accounts, crypto payments platform Wirex has taken a major step toward mainstream business acceptance. Using a cryptocurrency business account will eliminate the need to convert to fiat unnecessarily during inter-company fund transfers, validate crypto businesses in the wider marketplace, and offer some of the benefits traditional bank accounts provide business users.

Also read: Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts

European Beta of Crypto Business Accounts

 

For the duration of the desktop-only beta, the first round of invitation will be open only to business customers within the European Economic Area, a total of 30 European states, and Switzerland. Wirex told news.Bitcoin.com that it will roll out access to its business accounts in other regions, including APAC and North America, later this year.

Wirex Introduces Global Crypto Accounts for Businesses

Multi-Currency Support and Vanity Account Feature

Wirex’ new business account allows clients to hold up to six multi-currency fiat and crypto accounts within a single account. These currencies include two fiat currencies (USD and GBP) and, for the moment, four cryptocurrencies (BTC, ETH, LTC, and XRP). In future, four additional cryptocurrencies and 13 fiat remaining fiat currencies (EUR, HKD, JPY, SGD, AUD, CAD, NZD, CHF, CZK, HUF, MXN, PLN, and SEK) will be added.

Users are able to register business accounts in the name of their company’s legally registered entity, a landmark move in terms of lending crypto businesses a greater air of legitimacy and allowing them to stand shoulder-to-shoulder with traditional entities in the business world. Payments made will reflect the name of the cryptocurrency’s legal entity on recipients’ bank statements.

Wirex Introduces Global Crypto Accounts for Businesses
A preview of Wirex’ new business account dashboard

Fees and Security

Easing the high fees charged by traditional banks, business account users will have “unconditional access” to OTC and interbank rates when exchanging, paying, or receiving crypto or fiat. Additionally, monies held will be able to move fast across international borders. Business accounts offer a range of options, enabling payments using SEPA, Swift, and blockchain.

User funds, similar to Wirex personal accounts, are stored in segregated, multi-signature cold-storage supported by 2FA and 256-bit AES encryption, and business accounts sport robust permission controls, allowing account holders to set and manage roles and permission on a per-account basis.

Edging Closer to Mainstream Adoption

A handful of clients have already been onboarded to Wirex’ business accounts service including a selection of crypto startups, software providers, retailers, and financial institutions. Additionally, Makerdai is joining its list of business clients.

Wirex, headquartered in London, is one of only three crypto-fiat companies based out of Europe to hold an e-money licence from the UK’s Financial Conduct Authority (FCA). In communication with news.Bitcoin.com, Wirex CEO Dmitry Lazarichev said that the move is a calculated one to achieve Wirex’ mission, namely to further the crypto industry:

We believe our platform will be very useful for startups involved in blockchain and digital assets. Our long term vision is to provide solutions for merchants so they can start accept payments in digital assets and manage those efficiently. We started building our B2B platform because we identified how difficult it is to get access to banking infrastructure for startups in general and especially blockchain-focused ones to perform payments for daily routine operations.


What effect do you think crypto business accounts will have on the industry? Let us know in the comments below.


Images courtesy of Shutterstock and Wirex.


Need to calculate your bitcoin holdings? Check our tools section.

The post Wirex Introduces Global Crypto Accounts for Businesses appeared first on Bitcoin News.

Continue Reading

Tech Business Leaders Name IoT Processes As Blockchain’s Greatest Disruptor: KPMG Study

Source From https://coinjournal.net/tech-business-leaders-name-iot-processes-as-blockchains-greatest-disruptor-kpmg-study/

Technology executives expect the Internet-of-Things (IoT) processes (27%) to be one of the greatest blockchain disruptors over the next three years, followed by trading (22%), reduced cyber risk (20%) and contracts (18%), found a new study by KPMG. “The technology executives we work with are also exploring the convergence of IoT, artificial intelligence (AI) and […]

The post Tech Business Leaders Name IoT Processes As Blockchain’s Greatest Disruptor: KPMG Study appeared first on Coinjournal.

Continue Reading