Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship

A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed.    Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Explaining Peer-to-Peer Electronic Cash to Bankers Banco de España, Spain’s central bank and supervisor of the Spanish banking system, recently published a report aiming to explain how Bitcoin works. The…

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Coinbase Acquires Cryptocurrency Surveillance Company Neutrino

Coinbase has acquired the cryptocurrency surveillance company Neutrino, whose team will be joining the American exchange’s European operation. The Milan, Italy-based startup develops blockchain intelligence platforms for crypto companies as well as law enforcement agencies. Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Coinbase Acquires Neutrino Coinbase, the San Francisco-based cryptocurrency exchange, announced on Feb. 19 that it has acquired Neutrino, which it described as a blockchain intelligence platform. The team of blockchain engineering and security experts will join the exchange’s workforce, and Neutrino will continue to operate…

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Coinbase Neutrino Acquisition Reveals History Of Spying and Gov’t Data Selling

Cryptocurrency exchange Coinbase is facing an increasing publicity nightmare after it emerged the CEO of a company it took over sold private user data to governments. Coinbase: Neutrino ‘Will Help Prevent Theft’ Announced February 19, Coinbase now owns Italian blockchain surveillance startup Neutrino, having acquired the company for an undisclosed sum. “By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples’ accounts, investigate ransomware attacks, and identify bad actors,” engineering director Varun Srinivasan wrote in an accompanying blog post. It will also help us bring…

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Cryptocurrency Can Now Be Purchased at 10,000 French Tobacco Shops

A partnership between French company Digycode and national point of sale (POS) provider Ingenico has gone live, making it possible to buy cryptocurrencies offline at 10,000 tobacco shops in France – just under half of the total number of licensed tabacs in the country. BTC, ETH, LTC, XRP, and DASH are currently available, with BCH and XMR scheduled for sale in the near future. Also read: Bitcoin Goes on Sale in 24 French Tobacco Stores Significantly Expanding Customer Reach Digycode, a subsidiary of Toulouse-based parent company Digital Service, has not seen…

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Cambridge Associates: Cryptocurrencies ‘Worthwhile’ For Long Term Investors

Leading institutional investment consulting firm Cambridge Associates holds that institutional investors should consider exploring cryptocurrencies for the long term or ‘hodl’ in Bitcoin lingo.  Cryptocurrencies May ‘Upend the Digital World’ Cambridge Associates is a Boston-based institutional investment consulting company with more than $300 billion in assets under advisement. It holds that it’s high time for institutions to consider cryptocurrencies, Bloomberg reports. The firm asserts that, despite the twists and turns, cryptocurrencies may ‘very well upend the digital world.’ Despite the challenges, we believe that it is worthwhile for investors to begin exploring…

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Markets Update: BTC Tests $4,000, BCH and ETH Test $150

The cryptocurrency markets have produced several days of bullish price action, with BTC testing resistance near $4,000 for the time in five weeks today. In doing so, it’s broken the 100-day moving average for the first time in 272 days. In other market action, both BCH and ETH rallied to test resistance near $150, and EOS spiked to again rank as the fourth largest cryptocurrency by market capitalization. Also Read: Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar BTC Tests $4,000 for First Time in 5 Weeks…

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In the Daily: Kucoin Rebrand, Binance DEX, The Tie Adds Trading View

In Tuesday’s installment of The Daily, we begin by checking in with a couple of the leading exchanges in the cryptosphere. Kucoin has unveiled a new look and a slew of new features, while Binance is poised to launch the testnet of its long-awaited DEX. We’ll finish by examining an integration between sentiment analysis service The Tie and Trading View that will allow traders to correlate markets with moods. Also read: Indian Government Inaugurates National Crypto Forensic Lab Kucoin 2.0 Goes Live On Feb. 18, Kucoin underwent scheduled downtime to ready…

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Bitcoin Tips Now Available on Twitter via Lightning Network

A new Chrome and Firefox browser extension is has enabled Bitcoin (BTC) tipping on Twitter via the Lightning Network.  Tippin.me uses Bitcoin’s second-layer scaling solution, the Lightning Network, to make tipping almost instantaneous and with incredibly low fees of fractions of a cent. The project was created by Sergio Abril and is still in development. However, Tippin.me’s state is already functional. Installation of the browser extension allows users to see a new tipping button Twitter tweets — opening the door to a future where the Lightning Network may facilitate tipping…

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Bitcoin Contributes 95% Of BitPay’s Business, CEO Confirms

Bitcoin payment processor BitPay conducts almost all its business using Bitcoin (BTC), its CEO has revealed in a marked U-turn on previous claims. BitPay Drops Bitcoin Bashing Speaking during a recent panel, Stephen Pair discussed the recent hard fork activity around the Bitcoin blockchain as a result of the Bitcoin Cash (BCH) split last November. “95 percent of our payments are done in Bitcoin,” he said quoted on social media by commentator StopAndDecrypt. While the figure itself is unsurprisingly, Pair’s advocacy contrasts dramatically with comments he made just two years…

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Indian Government Inaugurates National Cryptocurrency Forensic Lab

The government of India has reportedly inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is the first cybercrime awareness and detection center in the country, according to a commissioner. Also read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation Indian Government’s Crypto Forensic Lab India’s Union Home Minister Rajnath Singh inaugurated a national cyber forensic lab and the Delhi Police’s cybercrime unit…

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