Following backlash, Coinbase to give former Hacking Team employees the boot

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Hey, look at that. A cryptocurrency exchange has decided to do the right thing – albeit belatedly, and only after a sustained public outcry. 

The San Francisco-based exchange Coinbase announced on March 4 it had agreed to part ways with several new employees holding a particular grisly distinction: Namely, that they previously worked for the incredibly shady Italian spyware company Hacking Team

Hacking Team, for those not in the know, has been accused of selling spyware to governments with dismal human rights records. For example, the Ethiopian government allegedly used Hacking Team tools to target journalists in the U.S. Read more…

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Facebook might launch a cryptocurrency in the first half of 2019

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We know Facebook has been hiring cryptocurrency experts and building a blockchain team for a while, but the scope, aims, and timeline of the project are all unknown. 

A new report by the New York Times claims Facebook is planning to launch its own cryptocurrency as early as the first half of this year. 

According to the report, Facebook has several blockchain-based projects in mind, but the one that’s most likely to launch first is a type of stablecoin. These are cryptocurrencies tied to the value of traditional assets, such as fiat currency or gold; the NYT’s sources claim Facebook is looking to launch a stablecoin whose value would be tied to a basket of currencies.  Read more…

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Learn how to build your first blockchain with this online course for just £13.99

We’ve heard quite a bit of chatter lately about cryptocurrencies and blockchain. Well, we’ve heard a lot about them for the past few years actually, but we still get the distinct impression that most people have absolutely no idea what they are.
It’s…

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HTC’s blockchain phone can now be purchased with fiat currency

Until now, the Exodus 1 has, fittingly, only been available for purchase with cryptocurrency. Starting today, however, interested parties will be able to pick HTC’s blockchain phone up through more traditional means, including USD, which prices the handset at a not unreasonable $699. One assumes, of course, if you’ve got enough of an interested in […]

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Japanese internet giant Recruit has a new $25M blockchain fund

Crypto market prices may be down significantly, but new investors continue to enter the blockchain space. The latest is Recruit Holdings, the $45 billion Japanese internet giant that owns Glassdoor among other things, which quietly launched a $25 million fund. The fund is based out of Singapore and it closed in November 2018, but its […]

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Security token offerings aren’t looking much better in 2019

Pressed to explain who is using them, and why, 99 percent of cryptocurrencies let out all their air, go flying around the room making a raspberry sound, hit the wall and fall behind the couch forever. The party is over. A few, however, can present a credible use case. “Tokenized securities” could be one of […]

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Binance releases a first version of its decentralized crypto exchange

Binance, the world’s largest crypto exchange, has launched an initial version of its highly-anticipated decentralized trading service (dex) today which is available now at testnet.binance.org. The launch — which is initially a testnet as the URL suggests — has been a long time coming and it is designed to complement the main Binance exchange, which does […]

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Coinbase buys blockchain intelligence startup to boost security and new asset discovery

Coinbase, the world’s most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition. We already know the firm wants to a glut of new crypto assets, but today it announced it has snapped up blockchain intelligence startup Neutrino in an undisclosed deal that seemed destined to […]

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Coinbase users can now withdraw Bitcoin SV following BCH fork

If you’re a Coinbase user, you may have seen some new tokens on your account. The Bitcoin Cash chain split into two different chains back in November. It means that if you held Bitcoin Cash on November 15, you became the lucky owner of Bitcoin SV and Bitcoin ABC. And Coinbase just started handing out […]

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