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Fidelity Investments-backed Fireblock Adds 5 Crypto Exchanges; OKCoin, OKEx, Korbit, Bithub and HitBTC

Fidelity backed blockchain security solution, Fireblocks integrated five cryptocurrency exchanges to its network including OKEx, OKCoin, Korbit, Bithub, and HitBTC. The official announcement further confirmed over 20 exchanges were currently under the security solution following the expansion of Huobi Global API and Deribit. A Blockchain Security Solution Fireblock is a risk management platform that allows […]
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OKCoin Expands Fiat and Token to Token Services To Seven More States

Crypto services are spreading across the United as the industry continues to expand. Crypto-related businesses are spreading their reach despite the harsh regulatory measures that have been put in place by regulators in the country. OKCoin, a San Francisco based crypto exchange, has increased the scope of its services to seven more states in the […]
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Bitcoin exchange OKCoin now available in 7 additional states

Bitcoin exchange OKCoin now available in 7 additional states - CryptoNinjas OKCoin, the popular Asian headquartered bitcoin and crypto exchange company, has announced that their trading services in the US are now available in the following seven (7) new states: Arkansas, Iowa, Kentucky, Mississippi, Pennsylvania, Utah, and Wisconsin. The company set up operations in the US back in the summer of 2018. OKCoin holds money transmitter licenses (MTL) on a state-by-state basis, […] Bitcoin exchange OKCoin now available in 7 additional states - CryptoNinjas

Fireblocks Expands Exchange Connectivity, Adds Support for OKCoin, OKEx, Huobi, and 2 More Exchanges

NEW YORK, Sept. 5, 2019 /PRNewswire/ -- Fireblocks (www.fireblocks.com), an enterprise platform for securing digital assets in transit, announced today five new exchange integrations, adding support for OKCoin, OKEx, Korbit, Bithub, and HitBTC. This release also expands current integrations with Huobi Global's API and Deribit, extending its umbrella of protection to a total of 20 exchanges. The Fireblocks platform allows for the secure deposit, withdrawal, and rebalance of assets between exchanges by eliminating the risk of deposit address spoofing and credential theft. As each exchange account is uniquely configured, firms trading on ...Full story available on Benzinga.com

OKCoin Pledges 1,000 BTC to Devs Working on Bitcoin (and Its Forks)

One of the world’s leading cryptocurrency exchanges is pledging millions of dollars to support Bitcoin’s independent developer community. But hold on to your gas mask, toxic maximalists, because it’s spreading the wealth to Bitcoin Cash and Bitcoin SV devs too.  OKCoin announced its “Let’s Build Bitcoin Together!” campaign today, September 3, 2019, which promises that the exchange will donate 1,000 BTC (right now, that’s worth anywhere between $9.5 and $10 million, depending on bitcoin’s daily mood) to certain developers working on Bitcoin. Apparently, this “Build Bitcoin Together!” kumbaya also includes Bitcoin’s most notorious forks. “[The] vote driven initiative … pledges to donate up to 1,000 BTC (approximately USD 9.5 million) to the developers of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin Satoshi’s Vision (BSV),” according to a press release from OKCoin shared with Bitcoin Magazine.  OKCoin users can vote to fund Bitcoin, Bitcoin Cash or Bitcoin SV, and the final tally will be divided among a handful of developers and organizations representing each project. Bitcoin FOSS Needs Funding For developers working in free and open-source software (FOSS), funding is often paltry or nil — and Bitcoin is no exception. Most developers are volunteers who work on Bitcoin with no promise of compensation. Some who began working for free, like Peter Wuille and much of Blockstream’s team, moved on to having their work bankrolled by Bitcoin companies. But many still work for next to nothing. “Funding for FOSS devs is very important. But it is hard to find a good model that remains fair and sustainable,” former Bitcoin Core contributor and Ciphrex CEO Eric Lombrozo told Bitcoin Magazine. To this end, the developers or organizations that OKCoin has selected are independent and lack any central funding. For Bitcoin, this includes Luke Dashjr, Ben Woosley, Michael Ford (also known as fanquake), Sjors Provoost, Jonas Schnelli and Jimmy Song.  Notably, no individual developers were chosen to represent Bitcoin Cash and Bitcoin SV — only organizations. Potential beneficiaries for Bitcoin Cash include the teams behind its primary full node implementations (Bitcoin ABC, BCHD and Bitcoin Unlimited); while Jimmy Nguyen’s Bitcoin Association and Ella Qiang’s CambrianSV are vying for the Bitcoin SV allocation of the pledge. According to the press release, OKCoin chose these individuals or entities because they are “verified individuals or organizations who fulfilled the specifications of the initiative.” Chosen as they were by the exchange, OKCoin is leaving the actual funding allocation to the community. You can vote for which developer or organization you think best deserves the funding on OKCoin’s website. Each vote equals 0.2 BTC in funding (“or the BCH or BSV equivalent”).  A disclaimer at the bottom of an OKCoin press release states that it “does not impose restrictions or monitoring of how the donations are spent.” Coinsplit Assets Included The press release also says that the “campaign aims to bring together three well-known players in the Bitcoin community” to “not put one project against the other” and to “highlight the shared history” of the three coins.  Well-known indeed, Bitcoin Cash and Bitcoin SV have fomented much discussion and, at times, unrest within Bitcoin’s mosaic community. As the network’s first coinsplit, Bitcoin Cash’s creation in August 2017 stoked tension in an ongoing scaling discussion and continues to spark hot debates between its followers and the Bitcoin faithful. Bitcoin SV, which forked from Bitcoin Cash in November 2018, added a bit of absurdist fuel to the always-flickering fires of Bitcoin’s fork wars.  In its bid for inclusion and community reconciliation, OKCoin included the two forks even though their developer activity lags significantly behind Bitcoin’s. This is ostensibly the reason for the vote, as the allocation of resources should mirror community support for the projects.  But the vote will be conducted through OKCoin accounts, so this may exclude people who don’t use the exchange. Moreover, OKCoin didn’t elucidate how it plans to curb double or multi voting; OKCoin has KYC, but you could theoretically fabricate an account using someone else’s identity.  And questions still remain as to how OKCoin plans to distribute the donations. Per Lombrozo’s comment that such FOSS funding campaigns struggle to remain “fair and sustainable,” distribution, voting collection and a centralized decision-making process by which developers are eligible for the reward all expose the weak points of such fundraising.  At the time of publication, OKCoin had not responded to Bitcoin Magazine’s questions and request for direct comment. The post OKCoin Pledges 1,000 BTC to Devs Working on Bitcoin (and Its Forks) appeared first on Bitcoin Magazine.
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HUGE Altcoin Updates! Stellar, Binance US, Tomochain, Digibyte, NEO, Monero, Bitcoin Bakkt

Binance Adds BNB to Binance US https://finance.yahoo.com/news/binance-us-adding-7th-coin-102155751.html A brief history of the world of crypto. Plus, all of the latest news and updates from the Stellar Developers ecosystem https://medium.com/stellar-community/stellar-dev-digest-issue-14-ea71609a22b0 How TomoChain’s TomoZ intends to take on Ethereum market share! https://twitter.com/TomoChainANN/status/1173152916888096768 https://twitter.com/Altcoinbuzzio/status/1172575745584971777 https://www.altcoinbuzz.io/crypto-news/product-release/how-tomochains-tomoz-intends-to-take-on-ethereum-market-share/ Virtual Rehab with Virtual Reality is now solving real-world problems https://cryptodaily.co.uk/2019/09/apple-entry-blockchain-via-rumoured-vr-project https://www.zerohedge.com/news/2019-09-09/virtual-reality-now-solving-real-world-problems Celer Network and NEO Are Launching a Partnership https://www.altcoinbuzz.io/crypto-news/partnerships/celer-network-and-neo-are-launching-a-partnership/ Bitcoin #Bakkt Tweet https://twitter.com/Bakkt/status/1173683919687966720 Big! #Monero ready to use Zcoin’s Privacy protocol https://www.altcoinbuzz.io/crypto-news/product-release/big-monero-ready-to-use-zcoin-privacy-protocol/ #digibyte lists on UpHold https://twitter.com/DigiByteCoin/status/1173623829652004866 #bitcoin #cryptocurrency #altcoin #altcoins #crypto #btc $BTC #bitcoinprice #ethereum #electroneum #cardano #enjin #crypto.com #hpb #digibyte #bitcoinnews #btcnews #libra #chainlink #ripple #xrp #xrpripple #binance #bitcoinnewstoday #cryptonews #litecoin #cryptocurrencynews #news Bitcoin cryptocurrency altcoin altcoins crypto btc $BTC bitcoin price ethereum electroneum enjin crypto.com cardano digibyte bitcoin news btc libra chainlink ripple xrp ripple Binance bitcoin news today crypto news Litecoin cryptocurrency news hpb high performance blockchain $xrp $enj $etn $ltc $dgb $ada NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins

The Celsius app offers the industry highest rates and supports six different stablecoins all eligible to earn up to 12.03% annually with interest paid out weekly Celsius Network (https://celsius.network/), the industry-leading cryptocurrency platform, announces today it has increased interest rates for stablecoin deposits to 12.03% APR. Users who choose to earn interest in Celsius Network's blockchain-based CEL token can earn up to 30% more than the 9.25% depositors who are paid in-kind on their coins. Celsius is raising its rates because it is consistently earning higher returns on its deposits and distributes 80% of its income to its depositors; as it earns more, it distributes more. Unlike other platforms, ...Full story available on Benzinga.com

VanEck, SolidX Pull Bitcoin ETF Filing From SEC Consideration

Less than two weeks after VanEck and SolidX rolled out the VanEck SolidX Bitcoin Trust ETF (XBTC), a bitcoin exchange traded product aimed at institutional investors, the firms said they're withdrawing plans for bitcoin exchange traded fund aimed at a broader swath of investors. What Happened The ETF issuer and the fintech firm pulled the filing from consideration by the Securities and Exchange Commission on Sept. 13. The agency had delayed an ultimate decision on that product, as it has with various other bitcoin ETF proposals, several times, but was facing a hard and fast deadline of Oct. 18 to approve or disapprove the VanEck SolidX Bitcoin Trust. “Tuesday’s filing marks the second time VanEck and SolidX withdrew the proposed ETF. ...Full story available on Benzinga.com

IOTA Introduces Chronicle Permanode to Amend Scalability Issues

IOTA, a permissionless trust protocol designed to revolutionize the Internet of Things (IoT) ecosystem by facilitating a frictionless exchange of value between machines and humans, has announced the launch of Chronicle, a permanode solution the team hopes will give node operators an unlimited amount of storage space in their Tangle distributed database, according to aRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Wells Fargo Plans Blockchain-Based Internal Settlement Services

The world’s fourth-largest bank, Wells Fargo, announced plans to use its digital token to pilot internal settlement services, which would run on its distributed ledger technology (DLT) platform. Per the press release September 17, 2019, the pilot project is expected to take off in 2020 and would initially focus on USD transfers.  Digital Token forRead MoreRead More. The post by Anthonia Isichei appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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