Crypto

Binance Partners With IdentityMind for Enhanced Compliance and Security | Bitcoin Magazine

Binance Partners With IdentityMind for Enhanced Compliance and Security Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols. The companies announced the deal on March 26, 2019, calling it “a joint mission to help raise the industry’s standard.” Founded in 2014, IdentityMind ...

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Singapore’s DragonEx Reports Hack, Releases Suspected Wallet Addresses | Bitcoin Magazine

Singapore’s DragonEx Reports Hack, Releases Suspected Wallet Addresses The Singapore-based cryptocurrency exchange DragonEx has announced a security breach to its users via its official Telegram channel. In the message, a company administrator revealed that the hackers stole assets belonging to both the exchange and its users. Per the message from the admin, the attack occurred on March 24, 2019, and ...

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Samourai Wallet Adds Tor Integration in Privacy Push | Bitcoin Magazine

Samourai Wallet Adds Tor Integration in Privacy Push Samourai Wallet announced this month that its latest update supports Tor integration, offering additional privacy for users. What Does Tor Integration Enable? In a conversation with Bitcoin Magazine, Samourai’s lead developer, who is known simply as “TD,” gave a rundown of the Tor integration. He explained that using the Tor integration before ...

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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live | Bitcoin Magazine

VeriBlock’s Bitcoin-Backed Security Protocol Goes Live After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security. Now that it’s live on the mainnet, VeriBlock’s model extends the Bitcoin blockchain’s security protection from 51-percent attacks to non-Bitcoin blockchains by linking ...

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Bitmain’s IPO Filing Has Expired | Bitcoin Magazine

Bitmain’s IPO Filing Has Expired Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019. Bitmain filed the application for its IPO on September 26, 2018, and the Hong Kong Stock Exchange had six months to decide whether to reject the filing, graduate ...

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U.K. Brexit Deal Beamed Into Space Through Blockstream’s Satellite Messaging App | Bitcoin Magazine

U.K. Brexit Deal Beamed Into Space Through Blockstream’s Satellite Messaging App Earlier this month, blockchain startup Blockstream announced that its satellite messaging application programming interface (API) was launching on Bitcoin’s mainnet. Now, one enterprising bitcoiner has used this platform to beam the U.K.’s proposed Brexit deal into space. The application allows users to beam data into space, which can be ...

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Mexico’s Proposed Crypto Laws Create New Barriers For Exchanges, Adoption | Bitcoin Magazine

Mexico’s Proposed Crypto Laws Create New Barriers For Exchanges, Adoption Earlier this month, the Bank of Mexico (Banxico) published a circular, wherein it laid out its plan to issue permits to bitcoin exchange platforms and other crypto-related businesses operating in the country. Banxico’s circular stated that to get the right permits, crypto-based businesses in the country would be required to ...

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Lightning Loop Lets Users Empty Lightning Channels Without Closing Them | Bitcoin Magazine

Lightning Loop Lets Users Empty Lightning Channels Without Closing Them Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send ...

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Japan Introduces Stricter Regulation for Crypto Margin Trading | Bitcoin Magazine

Japan Introduces Stricter Regulation for Crypto Margin Trading Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. A report by local news publication Nikkei Asia Review noted that the amendments will place a cap on available leverage for crypto margin trading, pegging it at ...

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Bitcoin Accepted as Payment Option by Major US Electronics Company | Bitcoin Magazine

Bitcoin Accepted as Payment Option by Major US Electronics Company Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash. Crypto payment processor BitPay will facilitate the transactions. Founded in 1921, ...

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