Daily Archives: 13.05.2019

In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future | Bitcoin Magazine

In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. And Tether is not ...

Read More »

HTC to Launch EXODUS 1s, Smartphone With Full Node Capacity | Bitcoin Magazine

HTC to Launch EXODUS 1s, Smartphone With Full Node Capacity Electronics company HTC has announced that it is launching a smartphone to bring crypto and blockchain technology to a wider audience in Q3 2019. According to a press release shared with Bitcoin Magazine, “The EXODUS 1s will be the first smartphone ever to have full node capabilities” containing the full ...

Read More »

Binance Announces ‘Significant’ Security Changes Following Hack | Bitcoin Magazine

Binance Announces 'Significant' Security Changes Following Hack Cryptocurrency exchange Binance has revealed that it will be revamping its security network to prevent a recurrence of the 7,000 BTC hack it experienced on May 78, 2019. Per a blog post on its official website, the exchange announced that it will be implementing “significant” changes to its fundamental security infrastructure, including its ...

Read More »

A Group of Major Crypto Traders Reportedly Considers Scammer Blacklist | Bitcoin Magazine

A Group of Major Crypto Traders Reportedly Considers Scammer Blacklist Several major cryptocurrency traders have reportedly begun discussing plans to enact an industry-wide blacklist of suspicious actors, to stem the tide of scams, theft and fraud in the crypto space. Bloomberg reported on this development on May 8, 2019, claiming that major companies such as Ripple, Cumberland DRW and Galaxy ...

Read More »

The SEC Has a New Exchange Traded Fund Application to Review | Bitcoin Magazine

The SEC Has a New Exchange Traded Fund Application to Review The U.S. Securities and Exchange Commission (SEC) has posted a new proposal from Crescent Crypto Index Services, a subsidiary of Crescent Asset Management, for the launch of a crypto-backed exchange-traded fund (ETF). According to the application, the company, which is based in New Jersey, will be looking to monitor ...

Read More »