Shapeshift is being forced to implement KYC/AML policies, says Erik Voorhees

Erik Voorhees, the CEO of Shapeshift, spoke about whether or not privacy and KYC/AML rules could co-exist, in an interview on WhatBitcoinDid. He also spoke about decentralized exchanges being a solution for participating in the cryptocurrency space, without giving away personal details. ShapeShift, one of the leading cryptocurrency exchanges across the globe, introduced mandatory Know-Your-Customer […]

 

Binance looking to roll-out margin-trading service as regulators voice disapproval

Binance, the second largest cryptocurrency exchange by adjusted volume is preparing to launch a margin trading system that will make trading volatile digital assets riskier than it already is, reported TheBlock. Retail customers are a mainstay with the exchange and to further increase their customer count, Binance will allow them to trade on the margin, state […]

Bitcoin [BTC] Futures in good stead against its Spot equivalent: Bitwise Report

Bitcoin [BTC] Futures were thought to be a snippet of the overarching cryptocurrency market, though meager in comparison to the larger spot market. A recent report from Bitwise Asset Management, the crypto-centric investment firm has stated otherwise. In a March 20 report presented to the United States’ Securities and Exchange Commission [SEC], Bitwise analyzed the […]

 

Bitcoin Cash [BCH] advocate Roger Ver shows his support for Silk Road founder Ross Ulbricht again

The cryptocurrency ecosystem has seen quite a few users who were prosecuted for using the decentralized ecosystem for nefarious practices. One standout example of this was Ross Ulbricht, who was jailed in connection with the Silk Road scandal in 2013. He was convicted of money laundering and major computer hacks and was worth a whopping […]

 

Ripple CTO explains key differences between XRP Ledger and Proof-of-Work at Texas McCombs

David Schwartz, the CTO of Ripple, spoke to the News and Research Team from the McCombs School of Business at The University of Texas in Austin and explained the key differences between the XRP Ledger’s consensus and Proof-of-Work [PoW] protocols. Schwartz said that they started by building a “Federated Byzantine Agreement Model”, which was considerably […]

 

Bitcoin [BTC] critic Agustin Carstens warns against central banks issuing virtual currencies

Cryptocurrencies and the digital assets ecosystem are often questioned for its long-term credibility and trade functionality. Adding fuel to the fire, a prominent Bitcoin [BTC] critic listed out the risks associated with central banks issuing their own virtual assets, which could result in “huge operational consequences” and undermine monetary policy-making. Agustin Carstens, the General Manager […]

 

Tron [TRX] DApp Weekly report: Justin Sun’s cryptocurrency lays down claims that Tron is better than Ethereum and EOS

Tron [TRX] has captured multiple headlines in the cryptoverse due to its partnerships and tie-ups with major stablecoins like Tether. Another major factor in Tron’s pump has been its rampant DApp development mainly targeted at beating its competition like Ethereum [ETH] and EOS. In the latest DApp Weekly report released by Tron, the company stated […]

Ethereum [ETH/USD] Price Analysis: Bulls take charge as tug-of-war with bears reaches last stand

The entire cryptocurrency market was shining bright green earlier today, with some digital currencies recording digital-digit hikes over the past week. According to CoinMarketCap, Ethereum [ETH] was trading at $138.91 with a market cap of $14.63 billion, at press time. The cryptocurrency had a trading volume of $4.48 billion and rose by 1% in the […]