- THE ONLY REGULATED BITCOIN EXCHANGE IN GERMANY WILL BECOME A BANK IN 2019
The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank.
[Source: Bitcoinist] ✩✩✩✩
2. Bank of China Opens Blockchain Lab In Singapore
The Bank of China (BoC), one of the four largest state-owned commercial banks in the country, has opened a FinTech innovation lab in Singapore to spearhead its worldwide research and development (R&D) activities.
[Source: Blocktribune] ✩✩✩
3. Hours After Bitcoin Cash Network Update Begins, Bitcoin ABC Over 10 Blocks Ahead
At press time, Bitcoin ABC and Bitcoin Unlimited are currently leading Bitcoin SV in terms of both hash rate and number of nodes, according to Coin.Dance. Under the new consensus rules, 41 blocks have been already mined, wherein Bitcoin ABC is 12 blocks ahead.
[Source: Cointelegraph] ✩✩✩✩
4. OmiseGo Partners With Singapore Ride Hailing App to Trial Blockchain Solutions
Ethereum-based payment platform OmiseGo and blockchain protocol Mass Vehicle Ledger (MVL) have partnered to research blockchain technology, according to a press release shared with Cointelegraph Nov. 14. MVL is the protocol behind popular Singapore ride hailing app TADA.
[Source: Cointelegraph] ✩✩
5. COINBASE-BACKED STARTUP RELEASES HOME CRYPTOCURRENCY MINER
A startup backed by Coinbase and Arrington Ventures has launched a cryptocurrency miner for domestic use. The new device, however, won’t be powerful enough to mine Bitcoin (BTC).
[Source: Bitcoinist] ✩✩✩
6. Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions.
[Source: Coindesk] ✩✩✩
7. Amazon and Bank of America Win Crypto-Related Patents
Bank of America (BofA) won a patent for a crypto storage platform in enterprise accounts, while Amazon won patents for cryptography and distributed data storage. Bank of America’s patent, submitted for approval in June 2014, describes how the enterprise account will aggregate, or safely store, customers’ crypto assets.
[Source: Dailyhodl] ✩✩✩
8. Has Crypto Exchange KuCoin Proven its Legitimacy by Raising $20 Million?
Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital,” adding that the investment will allow KuCoin to continue to grow rapidly in the years to come.
[Source: CCN] ✩✩
9. MetaMask, The Most Popular ETH Wallet, Passes 1.3 Million Downloads
MetaMask is a dedicated ETH wallet that offers unprecedented security and has gained positive reviews from its users. It’s something that has led to an increase in the number of downloads as the wallet recently hit1.3 million downloads.
[Source: Usethebitcoin] ✩✩✩
10. Crypto Exchange OKCoin Expands to Latin America & Opens Fiat Market
Popular cryptocurrency exchange OKCoin has recently revealed, through a press release shared with CCN, that it expanded to the Latin American market, with a platform that’s set to let users trade top cryptocurrencies against local fiat currencies.
[Source: CCN] ✩✩✩
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