Leading bank JP Morgan has launched JPM Coin, a blockchain-based token that is used as a settlement layer for their wholesale payments business. The lender’s wholesale payments business moves over $6 trillion daily around the world.
Facebook’s cryptocurrency division has reportedly acquired blockchain startup Chainspace. This is their first acquisition and is being referred to as an “acqui-hire,” meaning they are most likely interested in gaining the talent pool rather than any practical technology.
As of January 31, 2019, leading cryptocurrency exchange Binance has enabled credit and debit card payments. This is another strategic move for the company to not only grow their user base but also help push the crypto industry one step closer towards mainstream adoption.
Popular trading app Robinhood gains approval to allow New York residents to trade virtual currencies.
New Zealand based exchange Cryptopia was hacked on January 14, 2019, suffering significant losses. Cryptopia did not announce the breach until January 15. The hackers moved at least $2.4 million worth of Ethereum and roughly $1.2 million worth of Centrality to various wallets.
Today marks a milestone for the Bitcoin and broader cryptocurrency industry. It is Bitcoin’s 10 year anniversary. On January 3, 2009, Satoshi created the genesis block which sparked the blockchain industry we see today.
Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox reasserts his innocence during the closing arguments of his trial.
Donald Trump has chosen pro-Bitcoin Mick Mulvaney to act as the White House Chief of Staff come 2019.
Finney, the first blockchain focused smartphone, is expected to begin shipping in late December. Created by Sirin Labs, the phone’s operating system is SirinOS, which is a fork of Android made with the intention of implementing blockchain technology at its core. The Finney will allow users to securely and reliably
The G20, an international forum for governments and central banks, has recently signed a declaration to regulate cryptocurrencies. The declaration was signed in Buenos Aires and covers many topics involving tax evasion, anti-money laundering, anti-terrorism, and public policy.In Section 25, the declaration explicitly mentions cryptocurrencies:“We will step up efforts to