India Central Bank Says It Hasn’t Banned Crypto

News The Reserve Bank of India (RBI) said regulated entities cannot offer crypto assets in the country, but that does not equate to an overall digital asset ban. In a Jan. 21 article, The Economic Times of India cited a document the RBI submitted to the country’s supreme court in September, which said: “Firstly,...
Posted On 22 Jan 2020

Telegram CEO: Apple’s iCloud Is “Now Officially a Surveillance Tool”

News Pavel Durov, founder and CEO of major encrypted messenger Telegram, argues that Apple’s cloud service iCloud is “now officially a surveillance tool.” Citing a Jan. 21 Reuters report, Durov claimed that applications like WhatsApp — which rely on iCloud to store private messages — are “part of the problem.”...
Posted On 22 Jan 2020

Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Price Analysis Recently Hiromi Yamaoka, the former head of payments and settlements at the Bank of Japan, said that Facebook’s Libra has forced central banks to research and consider issuing central bank digital currencies (CBDC). Currently China is leading the race in developing a CBDC but it appears that other...
Posted On 22 Jan 2020

Venezuelans Selling Petro on LocalBitcoins at Half the Official Price

News Venezuelans are reportedly selling the state-launched Petro (PTR) cryptocurrency that was airdropped to them recently. Though the government claims to have fixed the value of one PTR at $60, the market price on LocalBitcoins is reported to be only half of that. According to a Reddit thread, Venezuelans are...
Posted On 22 Jan 2020

As Australia Burns, Cointelegraph and Oxygen Seven Raise Relief Funds

News As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country. Fighting fire with fundraisingThe announcement between Cointelegraph and Oxygen Seven came last week....
Posted On 22 Jan 2020

Research: Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019

News Recent research shows that Ether (ETH) was the cryptocurrency most correlated to the rest of the crypto market in 2019. In a report published on Jan. 22, the research arm of major cryptocurrency exchange Binance suggests that throughout 2019, ETH had an average correlation coefficient of 0.69. The paper,...
Posted On 22 Jan 2020

Davos: Giancarlo’s Digital Dollar Project Will Focus on Benefits of a US CBDC

News The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos. On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar project will consider the advantages of a United...
Posted On 22 Jan 2020

Blockchain Association Supports Telegram in Legal Battle With SEC

News The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the blockchain industry, filed an amicus curiae brief with the...
Posted On 22 Jan 2020

Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

News Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments. On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) officially announced the outcomes of a joint CBDC research project called...
Posted On 22 Jan 2020