Current Bitcoin Price

Thursday, February 28, 2019

Continental, HP Want To Put Vehicle Data On A Blockchain-Based Monetization Platform

That's one of the value propositions that the automotive supplier and Hewlett Packard Enterprise made when they announced their blockchain-based ...

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Crypto Market Eyeing Rebound: Bitcoin Cash, EOS, XLM, TRX Price Analysis

The crypto market recovered sharply after a strong sell-off. Bitcoin (BTC), BCH, Ethereum, EOS, ripple, stellar (XLM), tron (TRX) and other major ...

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Bitcoin Lightning Tech Expands Beyond Invoices in Step Toward Better UX

Bitcoin's lightning network has taken a big step toward a better user experience courtesy of new work by one of its principal open-source developers.

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Dale Dickins: To have Bitcoin work, it has to integrate, it has to conform

Dale Dickins is a Bitcoin evangelist: “I'm always encouraging people to use it”. Women in particular understand, she says, that “when something is ...

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Bitcoin (BTC) Price Analysis: Bulls Defend Area of Interest

Bitcoin made a long spike from a bounce off an area of interest visible on the 4-hour time frame. This indicates that bulls are defending this resistance ...

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Bitcoin [BTC]'s yearly transaction volume is twice that of PayPal for the second consecutive time ...

Despite the tenacious winter in the crypto space, Bitcoin [BTC] has emerged as the winner in the payment sector by outpacing payment behemoth ...

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Analyst: Bitcoin Traders Should Look Towards BTC's Fundamental Developments for Guidance on ...

Following Bitcoin's relatively large levels of volatility over this past weekend, the cryptocurrency has been experiencing a bout of choppy trading but ...

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Square sold more than $166M worth of bitcoin in 2018

Square, the payments unicorn led by bitcoin believer Jack Dorsey, reported earnings for the fourth quarter Wednesday evening that beat analyst ...

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Square's Cash App Sold $52M Worth Of Bitcoin In Q4 2018, $166M Over 2018

At the peak of 2017's bubble, Square, a fintech company based in America, introduced a native Bitcoin (BTC) market into its flagship product, the Cash ...

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Market slides again today, Bitcoin holds above $3800

Today saw a sudden dip in the market that turned many of yesterdays winners into todays losers. Though small compared to the dip a few days ago, ...

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Bitcoin Adoption: Could Chase Bank's Anti-Conservative Push be an Opening Crypto?

Bitcoin doesn't care whether you're black, white, or anywhere in between. Bitcoin doesn't care if you're rich or poor, English or Indian, a flag-burning ...

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Scarlet Widow: BEC Bitcoin Laundry—Scam, Rinse, Repeat

The Agari Cyber Intellgience Division shows how Scarlet Widow choose their vulnerable targets and launders their money through online services.

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Bitcoin: Has BTC finally hit bottom? Can crypto bounce back?

Bitcoin's fortunes appear to be fading, at least in the short term, with it seemingly trapped in an endless bear market. The flagship crypto has ...

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Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?

Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest ...

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Newsflash: Bitcoin Price Dives to $3658, Down 13% Since Sunday

The bitcoin price took another dive on Wednesday, slipping below the $3,700 mark after trading within a tight window for several days. Bitcoin had ...

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Apple Co-Founder Steve Wozniak, Still Optimistic About Bitcoin (BTC)

Apple's co-founder, Steve Wozniak recently spoke with Bloomberg on February 26, 2019, covering AI, machine learning, and the world's #1 ...

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, TRON, Binance Coin, Bitcoin SV ...

Bitcoin (BTC) has been struggling to rebound from the 20-day EMA for the past two days. This shows nervousness among buyers. A failure to move up ...

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Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy

Bitcoin price (BTC) has fallen over 80% from its all-time high of $20,000 over the past 14 months, and has struggled to regain any bullish momentum it ...

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Ex-PayPal COO Hails Bitcoin 'Acceleration' as He Joins Lightning Torch Relay

LinkedIn co-founder and former PayPal COO Reid Hoffman has become the latest participant in the Lightning Torch Bitcoin (BTC) transaction relay, ...

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MIT Bitcoin Expo

MIT Bitcoin Expo 2019. ... Cory Fields Developer, Bitcoin Core, MIT DCI. MIT BITCOIN EXPO. David Molnar Developer, Wasabi Wallet. MIT BITCOIN ...

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Heads of Wall Street Companies Seem Constructive on Prospects of Cryptocurrencies

Despite the prolonged struggle of cryptocurrency market about more than a year or so, quite a few number of heads, techno-savvies of the renowned ...

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Are JPM Coin and DEX Introducing an Era of Centralized Cryptocurrencies?

The launch of JP Morgan's proprietary cryptocurrency and Binance's decentralized exchange have raised fundamental questions about where the ...

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Cases of money laundering linked to cryptocurrency in Japan up tenfold in 2018

Over 7,000 cases of suspected money laundering linked to cryptocurrencies were reported to police in 2018, the National Police Agency said ...

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In-browser Monero cryptocurrency mining service to shut down operations in March

Coinhive, the in-browser Monero cryptocurrency miner, made famous by cryptojackers announced that they will shut down operations on March 8, ...

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China releases 10th ranking of cryptocurrencies, Bitcoin upgraded

The Center for Information & Industry Development in China has released the latest, tenth ranking of cryptocurrency. Overall, 35 projects were ...

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Cryptocurrency Could Soon Open New Revenue Streams, Disrupt Payments System, Per Analyst

One of the longtime fears that the traditional financial world seems to have about cryptocurrency is its potential for overtaking payment systems. People ...

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Why You Should Use Cryptocurrencies

Cryptocurrencies have been around for quite some time, and Bitcoin was even at $20.000 at some point! There have been many controversies ...

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Best Cryptocurrency Trading and Analysis Tools

Cryptocurrency data aggregators are an important piece of any trader's arsenal and Coinmarketcap is the most popular one on the market.

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New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme

The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a ...

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European regulatory chief wants new cryptocurrency rules

The chairman of the European Securities and Markets Authority has indicated he supports applying financial instrument regulation to assets such as ...

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CryptoKitties Retained Their Value Better Than Cryptocurrencies: Caty Tedman of Dapper Labs

Moreover, as Tedman claims, 25 percent of their users never owned cryptocurrencies before joining the game, so they are able to bring new people ...

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Russian President Putin Orders Government to Adopt Crypto Regulation by July 2019

Recently, Russian financial outlet Rambler reported that the Russian State Duma plans to review and adopt new cryptocurrency regulations in March.

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LocalCoinSwap Launches World's First P2P Cryptocurrency Exchange

LocalCoinSwap, the world's 1st community-owned, localized, peer-to-peer (P2P) Bitcoin and Altcoin cryptocurrency exchange, has formally launched ...

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Tron [TRX] debuts in the CCID ranking of cryptocurrencies in China

Some of the other cryptocurrencies on the list include EOS, which has remained unbeaten on position 1, Ethereum (ETH) which now ranks at position ...

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Cryptocurrency wallet caught sending user passwords to Google's spellchecker

This passphrase lets attackers gain access to a user's wallet (via the restore wallet function) and all the cryptocurrency accounts associated with that ...

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Call Of Duty Easter Egg Hides A Cryptocurrency Billboard Message In Black Ops 3 Video Game

According to Kravik, in the future, there will be more games promoting cryptocurrencies. As he explains, gaming is transforming from simulated ...

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Major Swiss Private Bank Now Offers Crypto to Its Clients

One of the largest private banks in Switzerland, Julius Baer, is officially providing their clients access to cryptocurrencies through a strategic ...

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Bibox Perpetual Contract trading competition sparks traders enthusiasm

Bitcoin [BTC] and other cryptocurrencies are considered a part of a financial revolution around the globe, and the current key players of this market are ...

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BETR Launches Multi-Cryptocurrency Betting

We are working on adding cross-chain cryptocurrencies such as EOS and LTC to the client and hope to have more news on these soon. We are also ...

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BitcoinTV by Ready Set Crypto on YouTube

What Technologies Will Shape The Future? Blockchain? A.I.? IoT? Automation?
Sign Up For Doc's Webinar "Ten Reasons to Trade Futures in 2019" TONIGHT!: https://goo.gl/PGPxq7 Ready To Take Your Crypto Game To A New Level? Join Our OMNIA Service And Let Us Make Crypto Easy!: https://goo.gl/X8Aj5o Join Our Free Newsletter And Stay Up To Date With The Latest In Crypto!: https://goo.gl/vkobzy Twitter: https://goo.gl/G3xTpH Facebook: https://goo.gl/aeUGii Instagram: https://goo.gl/YjZu8T ---------------------------------------------------------------------------------------------------------- What do you think of our future? Let's discuss! ---------------------------------------------------------------------------------------------------------- Binance Referral: https://goo.gl/RD7pLD $10 Of Free Bitcoin, Coinbase Referral: https://goo.gl/qKZMmB Ledger Hardware Wallet Referral: https://goo.gl/tdcSmF Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. #crypto #bitcoin #cryptocurrency © 2019 ReadySetCrypto, LLC. All Rights Reserved


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New VIP improvements make BitStarz the new Mecca for highrollers!

New VIP improvements make BitStarz the new Mecca for highrollers!

BitStarz is attracting more big players than ever, and here’s why. Having a bunch of big winners in the casino is cool and all, and BitStarz has never had so many of them from separate players as in the past few weeks. But let’s face facts. Any casino can be lucky enough to have a […]

The post New VIP improvements make BitStarz the new Mecca for highrollers! appeared first on Toshi Times.



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Suspected Critical Coinomi Wallet Vulnerability Discovered, Users Reportedly Lose Life Savings as Result

Suspected Critical Coinomi Wallet Vulnerability Discovered, Users Reportedly Lose Life Savings as Result

A suspected vulnerability with Coinomi’s multi-asset wallet has recently been causing somewhat of a stir on Reddit. According to reports, Coinomi has refused to take responsibility for the vulnerability and several people have already been affected. Coinomi wallet vulnerability discovered Specifically, this affair began to be unraveled as one person – with the username ”Warith77” […]

The post Suspected Critical Coinomi Wallet Vulnerability Discovered, Users Reportedly Lose Life Savings as Result appeared first on Toshi Times.



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BitcoinTV by Chico Crypto on YouTube

Crypto News w/ Chip. XRP Coinbase $589? Binance & Fetch AI ICO Scam? Eth Dev War!
Welcome to the third episode of the crypto news with your host Chip Chodeler. Chip will bring you cryptocurrency news from projects like: Bitcoin, Ethereum, Binance Coin, Tron crypto, NEO Smart Economy, Ripple XRP, Litecoin, Elastos & more. Today, Chip will be discussing Binance, Binance Exchange, Binance Launchpad, and the Fetch AI ICO. Was this another hustle pulled off by Binance to pump their own token Binance Coin? Did insiders only get to participate in the Fetch AI ICO? Why did the Binance Launchpad website freeze for the majority of users…..again? Also Ripple XRP has been added to Coinbase Pro!!! Did this boost XRP 589? Did the price do anything? Nope not really, and Chip has a song for the xrp army. Also crypto market updates from Rumple Shillskin and Chip will be discussing the Ethereum Constantinople hardfork + the Ethereum developer internal war. Do not miss this! 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 📰Crypto News With Chip Chodeler Episode 1📰 https://www.youtube.com/watch?v=2jc4iW_6RwE 📰Crypto News With Chip Chodeler Episode 2📰 https://www.youtube.com/watch?v=3je6PeHF3bU&t=1s 😱Banned Bitcoin Superbowl Commercial😱 https://www.youtube.com/watch?v=svQ9_IjXaGk 🎤Chico The Rapper Makes His Debut🎤 https://www.youtube.com/watch?v=Ay--0QboLz0 📺Watch These Vids Again 📺 Binance & NEO Working Together On The Binance DEX With Proof From Blocknet https://www.youtube.com/watch?v=JSCAelH_iuk&t=565s Top Altcoin Picks Quarter 1 2019 Part 1 https://www.youtube.com/watch?v=HHULjKQIBdA Top Altcoin Pics Quarter 2 2019 Part 2 https://www.youtube.com/watch?v=JZQkiT6l_vc&t=6s 🤫► ►► ► Chico Crypto Exclusive Links ◀◀◀◀🤫 🔥Join The Chat On Telegram 🔥 https://ift.tt/2QadgEi 👉🏻Follow Me On Twitter https://goo.gl/gmsDXa 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 👍Download The Brave Browser $BAT & Support Crypto! https://ift.tt/2IyMkMa 💲 💲Want to buy your first crypto or Bitcoins? Sign up for Coinbase and get $10 in free Bitcoin https://ift.tt/2T3fxm7 📚 📚Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coinmarketcap https://ift.tt/1oKjfXP What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://ift.tt/2T6W5oH 🏺Cryptocurrency Donations: Support The Channel!!🏺 BTC 1MRZnYYpMwrmhG6oEd9HYbSzJoVSvPdih9 ETH 0x6b0e08fac3c9d71f44fc0bb8e3ec31ddc2dc04cf ► ►Thinking of collaborations with Chico Crypto? Business inquires? 📧 Send us an email! tylerswope@chicocrypto.com #crypto #bitcoin #xrp #cryptocurrency #ripple #ripplexrp #xrp589 #xrparmy #altcoin #altcoins #binance #binancedex #bnb #binancecoin #xrpnews #cryptonews #cryptocurrencynews #btc #bitcoinnews #blockchain #decentralized #czbinance #ethereum #eth #polkadot #serenity #constantinople #cryptocurrencies #investment #investor #invest #makemoney #passiveincome #millionaire #trader #cryptotrader #wealth #money #motivation **Disclaimer** The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.


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Bitcoin to End 2019 Above $3,900, no Need for ETF



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“Bitcoin to the Moon” in Ukraine Boosts DLT & Crypto Market



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Swiss Bank Julius Baer Offers Cryptocurrency Services



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SEC Chair Needs Basic Changes Before Crypto ETF Approval



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10% p.a. in Savings Accounts in Offshore Banks Aidos Kuneen



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Italy Plans to Train & Inform Citizens About Blockchain Uses



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BitcoinTV by The Gentlemen of Crypto on YouTube


#bitcoinmovement.....New video by The Gentlemen of Crypto: Litecoin Official Cryptocurrency of Kickboxing | JPM Coin & Future Use https://youtu.be/CINTL1qq8x4

BitcoinTV: by The Cryptoverse on YouTube

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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year

Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year

Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year.

Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Putin’s New Order

Putin has approved a list of instructions for 47 orders, according to a document posted on the Kremlin website on Wednesday. Among them is an order for the government to work with the State Duma, the lower house of parliament, to ensure adoption of “federal laws aimed at the development of the digital economy.” They include “determining the procedure for conducting civil law transactions in electronic form, as well as regulating digital financial assets and attracting financial resources using digital technologies,” the order details.

Putin's Order: Russia to Adopt Cryptocurrency Regulation by July This Year

The deadline listed on the order is July 1, 2019. Responsible officials are Russian Prime Minister Dmitry Anatolyevich Medvedev and State Duma Chairman Vyacheslav Viktorovich Volodin.

As news.Bitcoin.com previously reported, the original texts of the proposed regulation for cryptocurrencies have been extensively revised. While references to cryptocurrency, tokens, mining, and smart contracts in the bills have been removed, the legal definition of “digital financial assets” has been broadened to cover cryptocurrencies.

Multiple Delays

Putin’s latest order resembles one he made last year when he instructed the government to work with the central bank to “ensure that changes are made to the legislation of the Russian Federation” to determine the legal status of digital technologies including cryptocurrency, token, and smart contract. He put Medvedev and the central bank governor, Elvira Nabiullina, in charge of completing the task.

Putin's Order: Russia to Adopt Cryptocurrency Regulation by July This Year

In May last year, three bills aimed at regulating cryptocurrencies were filed in the State Duma and were scheduled for adoption in July, as ordered by Putin. However, Russian lawmakers could not agree on the appropriate legal framework after the first reading in the spring.

The State Duma plans to review the bills again in March, Rambler news outlet reported last week, noting that Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, confirmed that the discussion is at the final stage of development.

Medvedev said in January that there is no reason to bury cryptocurrencies. “As with any social phenomenon, any economic institute, there are both bright sides and dark sides,” he described. Earlier this month, the Russian Minister of Justice voiced his belief that cryptocurrencies do not need to be legally defined yet.

What do you think of Putin’s order? Do you think Russia will start regulating the crypto industry by July this year? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

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Honest Cash Publishing App Sees Organic Growth and New Features

New Pwc Report on Crypto Insolvency Captures the ICO Chaos

Cryptopia Lost Almost a Tenth of Its Assets in January Hack

Cryptopia Estimates 9.4% of Total Assets Stolen During January Hack

New Zealand cryptocurrency exchange Cryptopia has published a series of tweets detailing the extent of the losses it suffered during an attack by hackers in January. It said: “We have calculated that worst case 9.4 percent of our total holdings was stolen.”

Also read: 125-Year Old Swiss Bank Julius Baer Enters Cryptocurrency Market

‘Securing Individual Wallets’

The Christchurch-based exchange explained that it is “continuing to assess the impact incurred as a result of the hack,” but did not provide the value of the heist in dollar terms.

Since Jan. 15, when Cryptopia announced the cyber attack, details about the theft have largely remained unclear and the amount lost has not been made public. The exchange has kept a tight lid on information, claiming the theft was now a police matter, much to the chagrin of thousands of customers.

Cryptopia Lost Almost a Tenth of Its Assets in January Hack

However, data analytics company Elementus estimated that the hackers made off with $16 million worth of ethereum and ERC20 tokens. The company described the theft as “weird” as it was conducted carefully, in a series of small transfers targeting individual wallets. Normally hacks tend to be quick one-time events, with attackers taking advantage of a vulnerability and then immediately trying “to launder the money in one shot,” it said.

Even after police had moved in, the hacker reportedly continued with the attack on the New Zealand trading platform, stealing $181,000 worth of ethereum from about 17,000 wallets. Elementus postulated that it is possible future hackers may try and copy the Cryptopia technique in order to avoid detection.

In a series of tweets on Feb. 27, Cryptopia claimed to be “securing each wallet individually to ensure the exchange is fully secure when we resume trading. As a result of the new wallets please refrain from depositing any funds into old Cryptopia addresses.” The exchange said it would provide more updates starting Thursday, Feb. 28.

Investors Unhappy

While many users welcomed the break of silence from Cryptopia, others laughed off the thought of making new deposits into an exchange still smarting from a multi-million-dollar attack. “They are afraid to open because they know everyone will withdraw. And that’s the end of that exchange,” said @cryptojokerrr.

Cryptopia Lost Almost a Tenth of Its Assets in January Hack

Jason Smith (@iwearahoodle) stated: “Not sure deposits into Cryptopia are going to be the main problem.” Another user said: “Don’t worry we don’t deposit we need withdrawal.”

On Feb. 14, Cryptopia reported that it had been granted access to its building by the New Zealand police as investigations continued. Police spoke of how the investigation “was progressing well” at the time. A detective inspector with the New Zealand police stated then: “The focus is on identifying those behind this offending and retrieving the stolen cryptocurrency. This investigation is expected to take a considerable amount of time to resolve due to the complexity of the cyber environment.”

What do you think about the Cryptopia saga? Let us know in the comments section below.


Images courtesy of Shutterstock and Cryptopia.


Express yourself freely at Bitcoin.com’s user forums. We don’t censor on political grounds. Check forum.Bitcoin.com

The post Cryptopia Lost Almost a Tenth of Its Assets in January Hack appeared first on Bitcoin News.



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Platform for Crypto Payments to Bank Accounts Launching in the UK

Platform for Crypto Payments to Bank Accounts Launching in the UK

A company based in London has announced it’s launching a payment service that can help increase the mainstream adoption of cryptocurrencies. It allows users to send or spend digital coins which are converted and then transferred in the form of fiat money to the recipient’s bank account.

Also read: ‘Bitcoin to the Moon’ Signs Appear on Ukrainian Tram

Aave Pay Supports 12 Cryptocurrencies

Aave Pay is an online platform that can be employed to pay with cryptocurrencies where regular bank transfers are accepted. Users will also be able to send money to family and friends as well as to pay utility bills.

Businesses can take advantage of the service to pay employee salaries and income taxes. Other commercial or corporate expenses can be covered as well with digital coins converted and sent to fiat-based accounts.

Aave Pay has been announced as both a web-based and a mobile application. While the online platform is live at the moment, there is little information on how to download, install and use the mobile app and its features.

Platform for Crypto Payments to Bank Accounts Launching in the UK

“This new application eliminates the obstacles of using crypto in our everyday lives,” said company CEO Stani Kulechov. He added that Aave Pay addresses the spendability problem associated with cryptocurrencies and “builds a bridge for crypto to cross over into mainstream use.”

According to its website, the platform currently supports 12 cryptocurrencies: bitcoin core (BTC), bitcoin cash (BCH), ethereum (ETH), cardano (ADA), ripple (XRP), monero (XMR), litecoin (LTC), zcash (ZEC), stellar lumen (XLM), dash, dai, and lend.

Transfers Can Be Made to Accounts in 6 Fiat Currencies

To use Aave Pay, you need to sign up, providing your full name, email address, country of residence and citizenship, and also pass verification. Then in the “Pay” section you can choose the crypto you want to send and set the fiat currency that will be deposited into the recipient’s bank account. Euro, U.S. dollar, British pound, Swiss franc, Australian dollar, and Indian rupee are the available options.

The recipient’s name and Iban number are also required to perform a transaction. Once the information is provided, Aave Pay calculates an exchange rate which remains fixed for 15 minutes. When a crypto deposit is confirmed, a fiat payment is sent to the bank account. The transaction can take up to 1-3 business days to complete.

Platform for Crypto Payments to Bank Accounts Launching in the UK

“We are taking the concept of holding cryptocurrencies further, in a way that has not been done before, breaking the paradigm that cryptocurrencies are only assets people invest in and cannot be used as traditional currencies,“ said Jordan Lazaro Gustave, COO of Aave.

The U.K. startup is also offering a crypto-fiat lending service that uses digital assets as collateral. In the beginning of February, its ethereum-based platform called ETH Lend added support for BTC. Last month, Aave was granted two Estonian licenses that allow it to provide crypto exchange and wallet services.

Do you think apps like Aave Pay help the adoption of cryptocurrencies for payments? Tell us in the comments section below.


Images courtesy of Shutterstock.


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Crypto Exchange Circle Partners With Financial Surveillance Provider Nice Actimize

Wirex Introduces Global Crypto Accounts for Businesses

Top Business School in India to Offer Advanced Blockchain Program for Professionals

Top Business School in India to Offer Advanced Blockchain Program for Professionals

A top business school in India is set to offer an advanced blockchain program for professionals. It marks the latest case of global academic institutions trying to answer the demand from students and industry for more education on crypto assets.

Also Read: University of Michigan Endowment Backs Crypto VC Fund

Indian Institute of Management Calcutta to Teach Crypto

The Indian Institute of Management Calcutta (IIM Calcutta), a top ranked public business school in Kolkata, West Bengal, plans to start a new cryptocurrency-related education program in May 2019. The Advanced Programme in Fintech and Financial Blockchain (APFFB) is meant to address the giant country’s talent shortage facing the financial technology industry. The program is designed for middle and senior management professionals in organizations that need to develop a digital finance strategy.

Top Business School in India to Offer Advanced Blockchain Program for Professionals

“A vast majority of firms in the banking and financial sector believe that the lack of adequate FinTech talent is an existential threat to their future. Our FinTech programme, designed with today’s management and finance professionals in mind, will leverage the deep research and consulting expertise of IIM Calcutta faculty and our state-of-art Finance Lab. We plan to equip and enable 2000 Fintech professionals in the next few years,” the program’s director, Prof. Indranil Bose, explained to Indian media.

Advanced Classes on Crypto Assets and Tokens

According to the school’s website, the duration of the program will be six months and it will cost students about Rs. 3,20,000 ($4,500). Course content will include classes on Data Analysis and Interpretation, Financial Markets and Products, Understanding Banks and other Financial Institutions, Foundations of Fintech, Digital Payments, All About Blockchain, Digital Disruptions in Financial Services, Crypto Assets and Tokens, Risk Management for Fintech, and Data Driven Financial Analytics.

Top Business School in India to Offer Advanced Blockchain Program for Professionals

Academic institutions all over the world have already been offering classes on cryptocurrencies and related technologies for a couple of years now. This month Shanghai’s Fudan University launched a blockchain R&D center and in January the University of California, Berkeley formed a new blockchain-focused startup accelerator program for its students.

What do you think about this business school offering a program on crypto assets? Share your thoughts in the comments section below.


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Cryptocurrency Jobs Peak in These Indian Cities

Cryptocurrency Jobs Peak in These Indian Cities

Demand for skilled professionals in the crypto space has been steadily rising, according to new data that ranks cities in India based on the number of jobs in the cryptocurrency field. Some cities such as Mumbai dropped several places from last year’s ranking while a couple of others are new to the list.

Also read: Indian Supreme Court Gives Government 4 Weeks to Produce Crypto Regulation

Hottest Cities for Crypto Jobs

According to new data from job listing site Indeed, Bengaluru is the number one city in India for crypto jobs, followed by Pune, the second largest city in the Indian state of Maharashtra. Mumbai dropped from the second hottest place for crypto jobs last year to the seventh place this year. Money Control elaborated:

Bengaluru maintained the lead as the city with the most jobs in the cryptocurrency field … Pune is followed by Hyderabad, Noida and Gurgaon, making up the top five destinations for crypto-careers in India.

Two cities which were not on the previous list made the top ten list this year: Ahmedabad and Thiruvananthapuram. “While northern markets see consistent demand, the numbers still do not compare to their southern counterparts,” the news outlet noted. Bengaluru is home to Unocoin, a major cryptocurrency exchange in India.

Cryptocurrency Jobs Peak in These Indian Cities

“Given the enormous scope of blockchain technology, crypto careers offer newer avenues to explore, provided one has the requisite skills,” explained the director of Indeed India, Venkata Machavarapu. “Demand for such skilled professionals has been steadily on the rise, as observed in 2018, with technology hubs such as Bengaluru and Hyderabad continuing to create the maximum number of opportunities.”

Uncertain Crypto Regulatory Environment

The Indian government is actively working on cryptocurrency regulation. The country’s supreme court on Monday gave the government four weeks to come up with a clear legal framework for cryptocurrencies. The court will then hear the petitions against the crypto banking ban by the central bank, the Reserve Bank of India (RBI), as well as other crypto-related petitions.

Cryptocurrency Jobs Peak in These Indian Cities

The central bank issued a circular in April last year, banning all financial institutions under its control from providing services to crypto businesses, effective three months later. Since then, a number of crypto businesses have been hampered. Zebpay, formerly one of the largest crypto exchanges in the country, had to close down its local crypto exchange activities due to the banking restriction. Other exchanges have come up with creative solutions such as offering exchange-escrowed peer-to-peer (P2P) services.

The government committee headed by Subhash Chandra Garg, Secretary of Economic Affairs, is in charge of drafting the regulation. Recommendations are reportedly being finalized. In January, the Ministry of Finance invited law firm Nishith Desai Associates to present their suggestions for the crypto regulation. Last week, Indian policymakers gathered at a blockchain summit and agreed on the importance of establishing a legal framework for cryptocurrencies.

What do you think of these top cities for crypto jobs in India? Let us know in the comments section below.


Images courtesy of Shutterstock, Money Control, and news.Bitcoin.com.


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Atari, NEO, Reality Clash and Block.one Confirmed to Speak at Crypto Games Conference



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Russia to launch oil-backed cryptocurrency

According to a report by a local news source, Russia plans on regulating cryptocurrency whilst also launching it's own oil-backed digital currency.

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A Look At The Bitcoin Gambling Rules When Using Cryptocurrencies Country By Country

This is coming in the wake of cryptocurrency's increased global acceptance and gambling services becoming increasingly accessible –thanks to the ...

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The 1 Bitcoin Show- The BTC club is for all! Opinion vs strategy, Banks, MMT, Lightning
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This is Big! Nasdaq Lists Bitcoin & Ethereum! Coinbase Lists Ripple XRP! Cardano in India! BAT News!
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Decentralized Payment Processor BTCPay Adds New Invoicing Options

btcpay.jpg

Decentralized payment processing service BTCPay Server announced a new service available through their platform on February 22, 2019: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups.

BTCPay Server has been in the space since late 2017, serving as a decentralized payment processor that allows peer-to-peer transactions without any fees or third-party wallets. Using the updated functionality of Payment Requests, users will be able to generate URLs that allow people to request payments and produce documentation of the transactions, eliminating many of the inconveniences of most peer-to-peer bitcoin interactions.

Payment processors have become integral to the crypto sphere, with several different models available. Tippin.me, for instance, relies on the Lightning network to let users receive tips via a QR code, or even, still in development, over other apps. Bitwage also opened a marketplace this February, allowing freelancers to create bank accounts that will accept crypto assets as payment from a variety of sources. BitPay, another payment processor, has set record revenue numbers for the past two years, as well.

All of these processors, however, are centralized for convenience. BTCPay Server, a decentralized option which was forked from BitPay’s software, wants to make crypto payment processing decentralized, and its new service, the initiative claims, will make this even easier.

Payment Requests will allow users to directly request amounts of money from the wallets of other users, keeping with BTCPay’s existing standard of refusing to involve third-party custodians or additional fees. Usually, third parties are typically involved in these transactions because of a large variety of inconveniences associated with peer-to-peer transactions: e.g., having to update addresses for privacy reasons, staying on top of fluctuating exchange rates and the lack of any formal invoice used for record keeping.

Ideally, BTCPay’s new form of payment will make using a decentralized service as easy as following a URL created for each transaction, providing many of the features of a third-party payment processor but without either taking a cut or mandating that funds be stored in a wallet owned by the processor in question.

The news is the latest in a steady period of growth for the BTCPay. In December of 2018, the processor announced that it had integrated support for c-lightning, an implementation of the Lightning network.

This article originally appeared on Bitcoin Magazine.



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