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Bloomberg: Blockchain-Powered IPO Platform to List First Company in June

The CEO of the blockchain bourse, Alexander Wallin, hopes SprinkleXchange will list as many as 1,000 companies in the next four years. SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up to 1,000 companies will join over the next three to four years. The Ethereum blockchain is used for settlement and clearing, and its users will be able to trade listed companies and cryptocurrencies 24 hours…

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Bitcoin Falls Below the $7,900 Mark as US Stock Market Sees a Minor Downturn

Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin has fallen below the $7.900 mark again. Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again. Market visualization courtesy of Coin360 Bitcoin is down over 1.7% on the day, trading at $7,883 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 10%. Bitcoin 7-day price chart. Source: CoinMarketCap…

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Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns

Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin wallet dubbed “Wallie” because of risk concerns. Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin (BTC) wallet dubbed “Wallie” because of risk concerns, according to a report published on May 20 by tech news outlet The Next Web. Per the report, the bank’s senior press officer, Jarco de Swart, said in an email to the outlet that the bank decided not to continue its plans after it “concluded that cryptocurrencies because of their unregulated…

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Centralized Crypto Exchanges Saw Major Monthly Volume Uptick in April, Report Shows

Centralized crypto exchanges saw a major uptick in traded volume this April, with a solid 85% overall increase among top fiat-to-crypto platforms. Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly volumes overall increased by a solid 85%. While itself experiencing a 47% drop in volumes, major South Korean crypto exchange Bithumb was the top exchange by total volume in April overall, reporting $17 billion. Bithumb…

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How to Check Median BTC and BCH Transaction Fees

Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments. Also Read: Bitcoin Cash Upgrade and 30K Stores Accepting BCH in the Weekly Update From Bitcoin.com Transaction Fees Differ by Orders of Magnitude Bitcoinfees.cash is a website which tracks the median transaction fees for both bitcoin core (BTC) and bitcoin cash (BCH). The site…

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Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM Strategists Claim

JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — who reportedly include JPMorgan global market strategist Nikolaos Panigirtzoglou —  judge that the top coin has recently been trading in a way that mirrors its late 2017 rally, which preceded a protracted price slump. To…

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PR: CoinDeal – Premier League Sponsor Ready for New Challenges in US Market

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Last season in the Premier League brought a huge success for the both teams – Wolves and CoinDeal. The crypto exchange, thanks to this brave marketing step, has guaranteed himself value of £38,091,373 of gross exposure of the brand at the time of broadcasting in the media, gained popularity and new traders. Despite…

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Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s founder, who doubts Whatsapp will ever be secure. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request A Phone Call Is All It Takes Whatsapp and its parent company, Facebook, revealed last week…

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

On May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on BCH and sent the funds to Freeross.org. Also Read: After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter A Multi-Sig Schnorr Transaction With a P2PKH Output This weekend, Openbazaar and Bchd full node developer Chris Pacia announced the first 3 of 3 multi-signature in a…

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How to Travel the World With Bitcoin Cash

Traveling is on everyone’s minds as summer approaches and crypto enthusiasts are no exception. But for anyone thinking of a holiday trip, travel arrangements can be arduous. Crypto payments can make your life easier in that regard, particularly with bitcoin cash, which is a fast and cheap way to pay for anything. The following guide shows you how to travel the world on BCH. Also read: Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans Book Flights, Hotels, Cars and Train Tickets With BCH A lot of things have changed…

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