Blockchain 

US Department of Homeland Security Awards $143K Grant to Blockchain Firm

The United States Department of Homeland Security (DHS) has awarded $143,478 to Vienna-based Danube Tech to develop blockchain security solutions. Silicon Valley Innovation Program On Sept. 26, the United States DHS Science and Technology Directorate (S&T) announced in a press release that Danube Tech was awarded a contract to assist the department in its ongoing fight against forgery and the counterfeiting of certificates and licenses.  The news release states that services such as U.S. Customs and Border Protection (CBP), the Transportation Security Administration, and Citizenship and Immigration Services can all…

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Bitcoin 

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers About $8,200

Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has not yet been able to recover from last Tuesday’s double-digit losses, but the coin is showing signs that a recovery phase might be on the horizon. While billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin, the most popular cryptocurrency has been trading around the…

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Bitcoin 

Are Trading Vehicles Dragging Crypto Into Maturity?

Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there were few exchanges, low liquidity and barely any infrastructure, meaning that crypto was less a financial instrument and more a digital novelty.  Larger centralized exchanges unlocked the idea that Bitcoin and other cryptocurrencies have relative value and made it possible to speculate on their value versus fiat currency. Since then, a slow proliferation of a…

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Ethereum 

Early Arrival of Ethereum’s Istanbul Hard Fork Causes Testnet Split

Ethereum’s system-wide activation of the Istanbul hard fork has arrived two days early and caused a split of the Ropsten testnet. Huge miner pushing the non-forked chain On Sept. 30, the community manager of the Ethereum Foundation, Hudson Jameson took to Twitter to explain that there are miners mining on the old Ropsten testnet, while others are already mining on the new one. Cointelegraph previously reported that Jameson said that the testnet launch of the hard fork was scheduled to take place at the beginning of October. He added: “For…

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Cryptocurrency 

Cryptocurrency Faces Challenges in Cuba Despite Growing Crypto Adoption

Cuba rolled out mobile across the country last year, and this has resulted in increased usage of cryptocurrency. Most Cubans are increasingly using cryptocurrencies to circumvent economic sanctions levied by the US to access the global marketplace. However, despite this increasing adoption, crypto still faces several challenges in Cuba. Some of the challenges include restricted access to cryptocurrency exchanges, lack of proper regulations, as well as the growing acceptance of the gold-backed MLM stablecoin. Using Crypto to Circumvent Sanctions A report published on September 12 by Reuters included passages from…

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Bitcoin 

Bitcoin Price Bounces Back to $8.4K but Bearish Bias Remains

Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the Europeans who started a rally which continued through to the New York trading session. By the end of the day, Bitcoin had rallied 8% from the bottom to highs of $8,325, which was near a 3.5% gain for the day.  Altcoins have also been moving higher on the same basis, with Ethereum and XRP…

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Blockchain 

Launch of Binance US Can Have Far-Reaching Effects on Crypto Market

From the outside looking in, the United States seems to present a host of amazing financial opportunities. However, when it comes to launching cryptocurrency exchanges or altcoin trading platforms, these possibilities start to dwindle and fade quite rapidly.  In this regard, over the past few years, the U.S. regulatory landscape has seemed so hostile toward the crypto industry that a number of prominent exchange operators have preferred not to serve U.S. citizens at all — a case in point being Bancor, a decentralized liquidity network, that recently decided to block…

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Blockchain 

Bittrex Announces New Trading Platform Based in Liechtenstein

Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein. Per a press release shared with Cointelegraph on Sept. 30, Bittrex is expecting to roll out Bittrex Global at the end of October in the city of Vaduz, Liechtenstein. A fundamental reason for Bittrex’s choice to set up a new trading platform in Liechtenstein is the country’s regulatory clarity toward digital currencies and blockchain technology. New products in accordance with European Union law Bittrex Global is planning to develop new features and products, including customer reward…

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Bitcoin 

BitPay Undergoes Security and Confidentiality Certification Audit

Major cryptocurrency payment services provider BitPay has undergone a security and confidentiality compliance review, the Service Organization Control 2 (SOC 2). Per a Sept. 30 press release, business advisory company Aprio confirmed BitPay’s compliance with the SOC 2, a tech audit and a requirement for technology companies that assures that customers’ personal data is kept secure and confidential. Passing an SOC 2 review means that the firm has met criteria set by the American Institute of Certified Public Accountants in regard to confidentiality, security, privacy, processing integrity and availability. Commenting…

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