US: GOP Senator Says Facebook Plans for Libra Coin Should Be Given a Chance

GOP Sen. Pat Toomey strayed from the Trump administration’s critical views on Facebook’s plan for the new Libra cryptocurrency, telling CNBC on Tuesday the digital coin should be given a chance. The Pennsylvania Republican said Libra is an “exciting innovation” that aims to solve the volatility that hurts other digital currencies, but he still has questions for the social media giant before its 2020 launch. image via Shutterstock

US: President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States. image via Shutterstock

Global: Spend Bitcoin At Amazon, Uber And Starbucks Using Fold’s BTC Lightning Network App

A payment platform called Fold has announced today that it will use the Bitcoin Lightning Protocol in order to enable its clients to buy goods from several stores such as Amazon, Starbucks, Whole Foods, Southwest Airlines and Home Depot. The cryptocurrency can also be used in services such as Uber. It was also revealed that the company is currently focused on letting the users be more free with their BTC by not needing to pass any Know Your Customer (KYC) procedures. This is partly because all the payments will be done via the LN, not directly on wallets that belong to the company. image via Shutterstock

Global: Previous Bitmain Leader, Jihan Wu, Opens New Crypto Deal Matrixport to Offer OTC Trading and Lending

It has been recently revealed that the Co-Founder of mining products and services provider, Bitmain Technologies’ Ltd., Wu Jihan has garnered a team of former employees to establish a crypto services platform reports Bloomberg. This new endeavor will be called, Matrixport, a service which has been described as being, “fully-committed to launch more regulatory-compliant blockchain financial services.” Matrixport will allegedly support trading at competitive prices and will ensure that traders have access to the lowest possible interest rates. image via Shutterstock

Global: Bitcoin Almost Wipes Out Its Mega Gain Just as Swiftly as It Came

Bitcoin’s rise was meteoric this week -- and its decline has been just as swift. It’s easy come, easy go in the crypto world, where a frenzy over Bitcoin pushed its price to nearly $14,000 on Wednesday, its highest level since January 2018. The largest digital asset then reversed course in a matter of minutes after a prominent cryptocurrency exchange reported an outage. The retreat accelerated Thursday and put the coin’s price back to nearly the same level as just five days ago. image via Shutterstock

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Blockchain Connect Conference

More Attention Should be Given to Blockchain Academics for the Uprising of Blockchain, Says Blockchain Connect Conference   Dec. 2nd, 2019, San Francisco - Blockchain Connect Conference, a futuristic blockchain-technology based conference, research destination, and collaborative event hosted by SV Insight, will officially take place on Jan 11, 2019, at Marriott Marquis in San Francisco, California. Emphasizing on academic in the blockchain space, this conference will gather the most authoritative blockchain professors around the world, the public chain projects with the most advanced technology, and technical experts, to discuss about the most cutting-edge blockchain academic research, problems, and solutions. By including keynote speeches and panels covering topics from research to application, the conference will explore the next big opportunity in the blockchain industry. The conference will be divided into two tracks: an academic track and a business track. The academic track will focus on academic discussions, mainly led by professors, scholars, and blockchain core developers, who will...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

New Voice

New Voice

Introduction: Coconut is a universal payment platform that allows customers to use any cryptocurrency to purchase goods and services. Coconut team is composed by a group of students from Harvard University and MIT, which won the award for best new nascent blockchain project at the MIT Bitcoin Expo 2018. BlockPulse 360 has the chance to conduct an interview with this promising project and team at Harvard University.

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Insights

Interview

Republic Is Creating An Equal Investment Opportunity for the Public

Republic is an investment crowdfunding platform that facilitates startup financing by main street investors including cryptocurrency investment. BlockPulse360 has the pleasure to sit down with its CEO Kendrick Nguyen at Harvard Business School to discuss the initiative of Republic in the crypto space. https://youtu.be/Qu24pzaqyO4

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

Crypto Market

Global: VeChain Price Explodes 30% as Cryptocurrency Market Extends Recovery

The vechain price (VET) exploded by 30 percent on Thursday, headlining a widespread recovery that raised the cryptocurrency market cap by more than $5 billion over the past 24 hours. The cryptocurrency, which serves as the native token of the smart contracts and supply chain management-focused VeChain blockchain, had traded below $0.008 during Thursday’s early morning hours but began to shoot upwards shortly after 7:00 UTC. image via Shutterstock

South Korea: Bithumb Renew With NH Bank, Re-issue Cryptocurrency Account

On August 29th, NH Bank said that the agreement with Bithumb has come to an end. The real-name cryptocurrency account will continue to be released this month from 30th. Last month, NH Bank and Bithumb's contract expired without immediate renewal. Bithumb decided to strengthen the protection of funds and prevent "money laundering" transactions. NH Bank required the Bithumb Exchange to request users who did not become real-name registrations to transfer into real-name account by November, and to take measures to reduce withdrawal amounts for non-converted users. (Korean) image via Shutterstock

Global:Ripple CEO: Bitcoin Is Controlled by China

Ripple's CEO Brad Garlinghouse took center stage in front of a packed house at the InterContinental Boston. He was interviewed by Lee Simpson, Stifel Tech Analyst. image via Shutterstock

Global: Coinbase Isn’t Adding 50k Users Each Day, But Blockchain’s Wallet Is

Earlier this week, Ethereum World News reported that Coinbase CEO Brian Armstrong explained in an interview that his cryptocurrency platform was receiving an influx of “more than 50,000 (people) a day signing up.” Many individuals saw this as a bullish sign, with many noting that this figure indicates that the market is continuing to garner the interest of individuals, despite the overall downtrend in prices. image via Shutterstock

Regulation

Malaysia: Malaysia Set to Enforce Cryptocurrency Regulations in Q1 2019, Says Finance Minister

Malaysia’s Finance Minister announced that the country would enforce regulations for cryptocurrency exchanges and ICOs in the Q1 2019. According to The Star Online, Lim Guan Eng, Malaysia’s Finance Minister, revealed that regulations guiding virtual currency exchanges and initial coin offerings (ICO) would be implemented in the first quarter of 2019. Speaking at the Fintech Conference 2018 organized by the Securities Commission (SC), Guan Eng stated that the regulations are part of the SC’s efforts to expedite other means of fundraising and investment in a new asset. image via Shutterstock

Indonesia: Cryptocurrencies decided as future trading commodity

The Trade Ministry's Futures Exchange Supervisory Board (Bappebti) has decided cryptocurrencies would be future trading subjects or commodities at the bourse, even though Bank Indonesia (BI) does not recognize such currencies as payment instruments. image via Shutterstock

US: Ripple Signs up PNC as A Customer for Its Payment Tech

A division of PNC Financial Services Group Inc will use technology built by startup Ripple to process international payments, the companies said on Wednesday, a possible precursor to the use of blockchain in mainstream finance. PNC Treasury Management will use xCurrent, a system developed by Ripple, to speed up the way its U.S. business clients get paid invoices by overseas buyers, Ripple said. image via Shutterstock

US: New York Attorney General Warns That Kraken Cryptocurrency Exchange Could Be Breaking The Law

In the latest escalation of an ongoing war of words, the New York State attorney general warned that the Kraken cryptocurrency exchange might be breaking the law. In a lengthy report on the “integrity” of global cryptocurrency exchanges, newly appointed attorney general Barbara Underwood listed San Francisco-based Kraken among multiple exchanges that might be operating “unlawfully.” image via Shutterstock

TECHNOLOGY

India:Kerala Govt to Leverage Blockchain Tech to Streamline Supply

The Kerala government has embarked on a strategy to leverage the Blockchain technology to streamline purchase and distribution network of milk, vegetables and fish in the state. image via Shutterstock

South Korea: Telecom Giant KT Uses Smart Contracts to Settle Real-time Roaming Charges

KT, the South Korean Telecom Giant, has developed a blockchain-based system that can automatically settle real-time roaming charges. The new system uses blockchain-based smart contract. After the application of this technology, it can settle roaming charges on a real-time basis, a job that previously took a month. (Korean) image via Freebie

Global: Bitcoin Lightning Network Booms Amid “Crypto Winter”

Since Bitcoin’s earliest blocks, the network’s lead developers have been hard at work attempting to scale the world’s first blockchain. And while 2018’s “crypto winter” has deterred a multitude of startups, developers, and key industry participants, the Bitcoin Lightning Network, the first viable second-layer scaling solution, has continued to see monumental growth. image via Shutterstock

Global: Wasabi: Privacy Focused Bitcoin Wallet for Desktop

A few days ago I gave a talk at the Building on Bitcoin conference, where I unveiled Wasabi Wallet that will bring Bitcoin Privacy to a new level. If you are already familiar with my work, Wasabi is HiddenWallet rebranded and rewritten from scratch with some new features. (I explained in the talk why it was needed.) image via Shutterstock