#1 Source For Bitcoin And Altcoin News
Airbnb is one of the most popular online property rental businesses in the world, but unfortunately they don’t accept cryptocurrencies. Now there’s a new startup called Cryptocribs that provides a peer-to-peer short-term rental system that utilizes digital assets like bitcoin cash and ethereum for payments.
Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty
ICO platform LEEKICO has announced its support of SoPay, a project aiming to develop a fast, private and easy-to-use digital currency payment platform, with its token sale. The sale will start on the 29th of May, 2018, and end on the 3rd of June, 2018 and is managed on the LEEKICO platform with the goal to collect a total of ETH 10,000.
Parity, the wallet and blockchain provider, is shutting down its PICOPS platform effective May 24, 2018, due to complications stemming from the new EU GDPR guidelines. The company announced the decision in a blog post on its website on May 18.
The General Data Protection Law (GDPR) of the EU is causing problems for blockchain and cryptocurrency. Part of the fundamental principle of the blockchain is the immutability of the data stored in it. Right to deletion of data privilege certainly throws the proverbial spanner in the works. Already, LocalBitcoins has disabled multiple accounts due to complications from the GDPR.
Banco Santander is launching a new international payments service, dubbed “OnePay FX,” based on blockchain technology. The service is available to retail customers in Spain, U.K., Brazil and Poland, and will be rolled out across more countries in the coming months. The OnePay FX app is available from the App Store for iOS devices.
Banco Santander is one of the world’s largest banks with 133 million customers, 13,700 branches and 200,000 employees. With the launch of OnePay FX, Santander will become the first bank to offer a blockchain-based international payments service to retail customers in multiple countries simultaneously. The bank intends to make OnePay FX significantly faster than existing international payment services and to introduce instant international payments in other countries, besides the four countries supported at this moment, before the summer.
Once your attention flips from the dramatic drops and rises in bitcoin’s value and you’ve gotten over the marketing hype about blockchains and ICOs, your thoughts may eventually turn to how the whole thing works. Terms like “bitcoin mining” and “digital gold” conjure up images of men with hardhats descending into dimly-lit caves, but that’s obviously not how this commodity is mined. That begs the question of how it is. Can anyone mine bitcoin? And what is MaaS?
A Russian bank may make a pioneering step for the country in allowing its investors to invest in cryptocurrency this year, reports claim.
Various local media outlets today quote Gazprombank senior vice president Aleksandr Sobol as saying “some kind of pilot” scheme involving cryptocurrency might surface as soon as the end of 2018.
Gazprom is a state-owned Russian bank, the third largest bank in the country by assets belonging to the parent company Gazprom.
The move, which if acted on would could about through the bank’s sister operation in Switzerland, would represent a rare opportunity for major Russian investors.
Coinbase is still one of the biggest cryptocurrency exchanges in the world. As such, any decision made by the company will be scrutinized. It now seems the company will remove multisig vault support in the next few weeks. It’s a rather controversial decision, although it also makes a lot of sense.
The concept behind Coinbase’s multisig wallet service is simple to explain. It offers an additional layer of security to users of this particular exchange, yet it also costs a lot of money to keep this going. Coinbase invested a lot of money into letting customers manage their own private keys while still reaping the benefits of the exchange’s interface. It seems this service will come to an end fairly soon, which is not the most surprising decision.
The Toronto Stock Exchange’s pioneering TMX division is partnering with Paycase Financial to launch a special brokerage service that will provide data and investment advice for investors about cryptocurrencies, including bitcoin and ether.
TMX Group’s new, wholly-owned subsidiary, Shorcan Digital Currency Network has entered into an agreement with Paycase Financial to provide information and build data benchmarks to show the ongoing status and price of different cryptocurrencies.
Paycase will be helping to build out the technology needed to create these ongoing data benchmarks and indices, which will be based on consolidated data from global cryptocurrency exchanges, as well as from international, over-the-counter trading volume.
One of the main concerns for the cryptocurrency investing community over the last year was the ability of exchanges to handle the huge influx of new traders into the ecosystem. Circle seems to have picked up on that sentiment, going on a hiring spree in order to improve the service at its recently acquired venue Poloniex. The move is meant to help the exchange expand globally, with an emphasis on serving Asian clients, while Circle continues to focus on the US market.
Also Read: Wirex to Launch Cryptocurrency Debit Cards in Asia During Q2 2018
Evident Proof has launched an Ethereum blockchain and token-based service that turns data into immutable proof chains, transforming the way data is stored and providing indelible evidence that can be used to meet compliance, provenance and other data verification requirements. It will enable organisations and individuals to use immutable certificates as proof of events for risk analysis, dispute resolution, legal cases and others.
