Wednesday, Feb. 20 —  cryptocurrency markets are turning around for the green after trading sideways at the beginning of the day. Almost all top 20 coins are seeing minor gains, according to data from CoinMarketCap. Market visualization from Coin360 Earlier today, Bitcoin (BTC) broke the $4,000 threshold, reaching the $4,010 mark. However, at press time

A project aiming to empower people to build nodes that can send and route payments on bitcoin’s in-development lightning network has officially released version 1.0 of its code. Announced this week, RaspiBlitz has published finalized instructions for building a lightning node on a tiny hobbyist computer called a raspberry pi. Often used for custom tech

United States blockchain advocacy group the Chamber of Digital Commerce has encouraged two major financial regulators to foster blockchain innovation, according to an official tweet on Feb. 19. The group has reportedly provided comments to the Commodity Futures Trading Commission (CFTC) and the Consumer Financial Protection Bureau (CFPB) in different proceedings this week. Generally, the

Blockchain and cryptocurrency security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz’s Galaxy Digital, the firm announced Tuesday. The round was led by Aspect Ventures, with Neotribe Ventures and WestWave Capital also participating. CipherTrace provides analytics and forensics products for cryptocurrencies and blockchains that it says are already in use by government, regulators,

Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made his remarks during an interview on advisory services firm ARK Invest’s podcast on Feb. 19. In response to a question about whether

The U.S. Securities and Exchange Commission (SEC) may make an initial decision on not one, but two different bitcoin exchange-traded fund (ETFs) proposals by April 5. A bitcoin ETF proposal submitted (for a second time) by VanEck, SolidX and the Cboe BZX Exchange is expected to be formally published in the Federal Register Wednesday, kicking off

This post was originally published here Two crypto startups want to streamline the process of issuing and trading security tokens by providing an all-in-one solution. Securitize, a Coinbase-backed security token startup, is partnering with OTCXN, a blockchain infrastructure company to develop and offer a digital security offering service. Under the arrangement announced Tuesday, the two

This post was originally published here Cryptocurrency market maker Cumberland is modernizing the way it handles over-the-counter (OTC) trades with clients. Announced Tuesday, the unit of financial trading giant DRW has unveiled a so-called single-dealer platform called Marea, allowing institutional investors to interact with Cumberland through a screen-based interface, rather than negotiating trades by phone or Skype. 

This post was originally published here Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is similar to earning dividends or interest on your investment, is not a

The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022, according to the official announcement published on Feb. 18. According to the release, the South Korean capital’s government plans to use the “Seoul Innovation Growth Fund” for startups that have various investments problems with Series