Month: February 2019

28 Feb, 2019
28 Feb, 2019

Signature Bank to Offer Accounts to Bermuda’s Crypto Startups – CoinDesk

Signature Bank of New York will soon offer full banking services to financial technology firms in Bermuda, including crypto startups that have struggled to secure accounts. In a press release Thursday night, the government of Bermuda announced that Signature would offer U.S. banking services to licensed fintech firms, including 66 startups already incorporated in the […]
28 Feb, 2019

Crypto Exchange Kraken Offers $100,000 Reward for QuadrigaCX’s Missing Funds

Cryptocurrency exchange Kraken has posted a $100,000 reward for the discovery of the major Canadian crypto exchange QuadrigaCX’s missing funds. Kraken announced the offer in a blog post on Feb. 28. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten in December last year. Since then, Quadriga has not been […]
28 Feb, 2019

Report: Swiss Fintech Market Grew by 62 Percent in 2018

The Swiss fintech market grew by 62 percent in 2018, according to a recent study by the Lucerne University of Applied Sciences published on Feb. 27. The Lucerne University of Applied Sciences undertook an in-depth review of Switzerland’s fintech market for the fourth time. The report dubbed “IFZ FinTech Study 2019” reveals that on a […]
28 Feb, 2019

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto – CoinDesk

Crypto exchange Kraken is offering up to $100,000 to anyone who can help solve this year’s biggest blockchain mystery: what happened to QuadrigaCX’s coins? Kraken announced Thursday it would pay the reward to users who could help it locate the missing funds. Any tips sent to the platform will, in turn, be shared with law enforcement, […]
28 Feb, 2019

Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

The Constantinople and St. Petersburg network upgrades for the world’s second largest cryptocurrency, Ethereum’s (ETH), occurred today Feb. 28, according to ethstats.net. Specifically, the updates went live on the main network at block 7,280,000, in accordance with previously released schedule. Although the upgrade has two names of two originally separated updates, they have subsequently been […]
28 Feb, 2019
28 Feb, 2019
28 Feb, 2019

Bittrex Leads $1.5 Million Seed Round in South African Crypto Exchange VALR – CoinDesk

Global crypto exchange Bittrex led a $1.5 million seed round in South African trading platform VALR. Bittrex CEO Bill Shihara told CoinDesk the South African market has “tremendous untapped potential.” Fellow VALR investor Michael Jordaan of Montegray Capital told CoinDesk that VALR’s support for 50 cryptocurrencies will offer the most diverse range of assets of […]
28 Feb, 2019

Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. The bill was proposed by Assemblymember Phil Ting on February 20, 2019. If put into law, it would affect California’s many cannabis businesses. […]