Bitfury news

Blockchain company that develops software and hardware for working with Bitcoin, including mining.

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Bitfury’s Crystal blockchain analytics to provide AML services for The Provident Bank

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceThe Bitfury Group a full-service blockchain technology company, has announced a collaboration with Massachusetts, U.S.-based The Provident Bank to use its Crystal blockchain analytics platform for new digital asset compliance, including anti-money laundering services. As part of a new venture to bank digital asset companies, The Provident Bank will use Bitfury’s Crystal blockchain analytics platform […]

United States’ Provident Bank announces use of Bitfury’s analytics platform for ‘digital asset compliance’

Blockchain technology company, Bitfury, has announced its partnership with U.S-based Provident Bank, in an attempt to provide banking services to digital asset firms. In a recent blog post, the company revealed that the Provident Bank would use Bitfury’s Crystal blockchain analytics to monitor transactions, as well as power the recruiting procedures of a potential client. […] The post United States’ Provident Bank announces use of Bitfury’s analytics platform for ‘digital asset compliance’ appeared first on AMBCrypto.

ITI Funds and Bitfury Team Up to Satiate Institutional Appetite for Cryptocurrencies

According to an article published by Institutional Asset Manager, on June 25, 2019, ITI Funds has collaborated with Bitfury Group to implement a process for cryptocurrencies transactions compliant with the KYC and AML procedures applicable to funds and investment management companies. This tool expands further ITI Funds’ crypto services.  ITI Funds, the Crypto Gateway forRead MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Bitfury’s Crystal blockchain analytics tool updated with new enhancements

CryptoNinjas Bitfury, the full-service blockchain technology company, recently rolled out three important product updates in Version 2.2 of the Crystal analytics blockchain platform. These include improvements for the connections, tracking, and notifications features. Upgraded Feature 1: Activity Notifications Now users can be notified of changes for a balance... Bitfury’s Crystal blockchain analytics tool updated with new enhancements
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Reminder: Bakkt is Launching Bitcoin Futures in the Coming Day

Bakkt is Finally Here That’s right, Bakkt is finally here. After months upon months of deliberation, hype, and odd regulatory setbacks, the cryptocurrency venture that has been backed by the New York Stock Exchange, Microsoft, and Starbucks is launching. Starting Monday, July 22nd, the exchange will be testing physically delivered Bitcoin futures, which will be one of the first product of its kind to be regulated in U.S. markets. It is currently unclear who will be testing the product, or in which way the contract and custody solution will be tested. But, this development marks a huge step in the right direction for the cryptocurrency market. Bakkt confirmed the launch date for its testing period at a recent summit that was held in the New York Stock Exchange, whose chief executive is wed to the head of Bakkt. Per first-hand recounts of those in attendance, the cryptocurrency startup has also confirmed that it will be fully launching its Bitcoin futures product by the end of Q3, should nothing go wrong during testing of course. A Catalyst for Bitcoin & Crypto Growth In a recent Fundstrat Global Advisors research note posted to Twitter, Sam Doctor of the market research firm explained his thoughts on the conference. Citing the buzz being emanated by the over 150 investors and institutions in attendance, Doctor argues that there is “institutional anticipation” for the exchange’s Bitcoin futures. He expounded: “As we have written before, Bakkt tackles many of the barriers to adoption for traditional investors seeking to expand their mandate to include crypto.” Doctor adds that “appears to be a critical mass of adopters ready to come on board on Day 1 of the Bakkt launch”, noting that the firm’s sales team is starting to ramp up discussions with everyone from brokers and market makers. He thus confirms that should the hype translate into actual investment, the long-expected launch of the Bitcoin product, which will give many institutions their first taste of so-called “physical” BTC, could be a “huge” catalyst for the growth of this already budding market. Institutions Are Buzzing Per Placeholder’s Chris Burniske, the venture capitalist author of industry primer “Crypto Asset”, the overall feel of the room was rather bullish. He wrote the following, making the case that Wall Street has its eye on the cryptocurrency space once again. All in all, the @Bakkt event signals great things for #bitcoin and #crypto at large, even if I did miss some of the funk of OG days.— Chris Burniske (@cburniske) July 18, 2019 Title Image Courtesy of Samson Creative Via Unsplash The post Reminder: Bakkt is Launching Bitcoin Futures in the Coming Day appeared first on Ethereum World News.
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