Monthly Archives: February 2019

Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

The U.S. Federal Reserve could soon include a cryptocurrency market crash as one of the risks to take into account when conducting supervisory stress tests. The Fed’s board of governors on Thursday announced amendments to a policy statement on the scenario design framework for stress testing, saying that “the collapse of the bitcoin market” may… Read More »

Early AlphaPoint Employee Goes Full Bitcoin, Joins Casa

One of the earliest employees of an enterprise blockchain startup has decided to go full crypto. Michael Haley quietly left his job as product manager at digital securities platform AlphaPoint in November to join the crypto custody provider Casa, CoinDesk has learned. A long-time bitcoiner who began attending community meetups and participating in online discussions… Read More »

Crypto Winter Thaws As February Proves Month of Market Gains

With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life… Read More »

Signature Bank to Offer Accounts to Bermuda’s Crypto Startups

Signature Bank of New York will soon offer full banking services to financial technology firms in Bermuda, including crypto startups that have struggled to secure accounts. In a press release Thursday night, the government of Bermuda announced that Signature would offer U.S. banking services to licensed fintech firms, including 66 startups already incorporated in the… Read More »

Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR

Global crypto exchange Bittrex led a $1.5 million seed round in South African trading platform VALR. Bittrex CEO Bill Shihara told CoinDesk the South African market has “tremendous untapped potential.” Fellow VALR investor Michael Jordaan of Montegray Capital told CoinDesk that VALR’s support for 50 cryptocurrencies will offer the most diverse range of assets of… Read More »

Ethereum Upgrades as Hard Forks Activate on Blockchain

Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, respectively, rolled out on the main network at block number 7,280,000. As seen on blockchain monitoring website Fork… Read More »

XRP Is Now Live and Trading on Coinbase’s Consumer App

Coinbase is adding XRP to its retail platforms, allowing all customers in select jurisdictions access to the world’s third-largest cryptocurrency by market cap. On Thursday, the company, which already offers retail consumers access to bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, USDC, zcash, Brave’s Basic Attention Token, the 0x protocol token and withdrawals of bitcoin… Read More »