Crypto News 

How Can EEA’s Reward Token System Help Banks Motivate Their Employees?

“Examples of large banks around the world show that reward token systems are not only tested but also successfully applied by financial corporations” writes Julia Magas for cointelegraph.com. It has been reported that one of them is designed to reward employees for the implementation of the project deliverables and can be exchanged for corporate bonuses. Source: cointelegraph.com

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Crypto Markets News 

Bitcoin Recovers Above $8K After 18th Million Bitcoin Was Mined

“The biggest cryptocurrency is trading at $8,041, up 1.2% over the past 24 hours, according to Coin360” writes Helen Partz for cointelegraph.com. However, Bitcoin is still in red over the past week as its price is down 3.4% over the past seven days.Saturday, Oct. 19 — crypto markets are seeing a slight recovery after another downward movement as Bitcoin (BTC) is back to trading above $8,000.After trading below $8,000 threshold for most of the day, Bitcoin has seen a sharp recovery to climb above the mark at publishing time. Source: cointelegraph.com

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Crypto News 

HTC launches a cheaper version of its blockchain phone

“One standout feature on the new phone, HTC says, is the ability to run a “full bitcoin node.”” writes Ryan Browne for cnbc.com. Buyers would have to fork out for a 400GB memory card that stores the bitcoin blockchain — a digital ledger used to validate transactions — on the phone.HTC is bringing out a cheaper version of its blockchain-friendly smartphone in a bid to entice the people hesitant about buying cryptocurrencies and expense flagships from the likes of Apple and Samsung.The Taiwanese smartphone maker on Saturday launched the Exodus…

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Crypto News 

Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China

“Indeed, following the 2017 trading and ICO ban, reports began to emerge of growing P2P Bitcoin trading in China” writes Osato Avan-nomayo for cointelegraph.com. These exchanges reportedly mask such activities by using the guise of running a P2P trading desk for the BTC/USDT trading pair.While the Alipay/Binance situation was unfolding, a Twitter account named Blocfilo posted some startling revelations about the Chinese crypto trading scene.There are even reports that major crypto exchanges use these backchannel avenues to conduct P2P Bitcoin trading in China.Earlier in October 2019, Binance announced a fiat on-ramp…

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Crypto News Reviews 

Bitcoin News Digest Saturday, October 19, 2019

New HTC Exodus Able To Run Full Bitcoin Node Now up for sale, Taiwanese electronics giant HTC has released a new mobile phone tailored with a hardware wallet to hold certain cryptocurrency assets, including bitcoin. Most notably, unlike its predecessor, the Exodus 1, HTC’s Exodus 1s is capable of holding the entire bitcoin ledger.   The Brexit effect: How bitcoin, gold and the pound reacted to Europe’s biggest story We decided to look back at how this seismic shift in European politics has affected the price of the British pound,…

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Crypto News 

Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

“American financial services company Fidelity Investments has fully launched its cryptocurrency custody service” writes Ana Alexandre for cointelegraph.com. Last fall, Fidelity specifically indicated that it would provide an enterprise-grade crypto custody service to hedge funds, family offices and financial advisors.Recently, Kathleen Murphy, personal investing president of Fidelity Investments, said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients.Johnson said that the company is ready to roll out its crypto custody business following a year-long preparation and accumulation of clients. Source: cointelegraph.com

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Crypto News 

ACINQ Unveils Its ‘2nd Generation’ Bitcoin Lightning Network Wallet

“French Bitcoin (BTC) Lightning Network (LN) implementation developer ACINQ introduced its second-generation Lightning Network wallet, Phoenix, via Twitter, on Oct. 18” writes Jack Martin for cointelegraph.com. Meanwhile, ACINQ still intends to continue developing its original LN wallet, Eclair, for advanced users.Once the wallet is funded, Lightning Network payments can be made by scanning QR invoices and pressing pay.From a fresh install of the wallet app on an Android device, setting up a new wallet is a single click away.The user must click to request the swap, and then click pay…

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Crypto News Platforms 

MediaLab, a holding company that owns the Whisper app, buys Kik messenger from Kik Interactive, which now focuses on development of Kin cryptocurrency

“The Kik messaging platform has been bought by MediaLab, a holding company which operates Whisper and a number of other apps, the company announced Friday” reports coindesk.com. In Friday’s blog post, MediaLab said the messaging app would continue to enable kin transactions, writing: “We are fans of Kin and believe in its long term potential.Livingston vowed to fight the SEC, but announced in late September that Kik would be shutting down the messaging app portion of its business.Kik Interactive, the company behind the messaging platform, previously announced that it would…

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Crypto News 

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

“United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. The new independent firm, called Polo Digital Assets, will free Poloniex from its parent company Circle, the firm said in an official announcement on Oct. 18” writes Helen Partz for cointelegraph.com. According to the announcement, Polo Digital Assets will not be available for U.S. customers, and Circle will be shutting down operations for U.S.-based Poloniex clients.In late September, Circle announced its decision to pause…

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Crypto News Reviews 

Bitcoin News Digest Friday, October 18, 2019

Looming Death Cross Suggests Bitcoin May Be Nearing Price Bottom Bitcoin may be close to bottoming out, as a popular contrary indicator is teasing a bearish turn for the first time since March 2018. Potentially pro   Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures Binance’s futures exchange is raising leverage to 125x with the launch of bitcoin (BTC)/tether (USDT) contracts today. The cryptocurrency exchange   Serious Dark Web Warning Issued After Tor Browser Users Have Bitcoin Stolen Researchers are warning a version of the widely-used privacy-focused Tor…

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