Ripple and Coinbase dominate the crypto rumour mill
Later on Monday, it is reported that the first 90 of the 500 new personnel hired by Coinbase – the world’s biggest cryptocurrency exchange with 14 million users – will begin work, which is one of the signs that it is readying to reply Ripple. It is hoped that it will signal a long awaited bull run for the token, which has declined from all-time highs of $3.34 in the first week of January. The new coin promises totally anonymous, decentralised trading and greater scalability, and every holder of a Monero token will automatically get ten of the new coins – which helped the price of Monero increase by 33 percent over the weekend to $366. Speaking at a launch and talk for Michael J Casey and Paul Vignabook’s new book, The Truth Machine: The Blockchain and the Future of Everything, Tyler and Cameron Winklevoss predicted that 2018 will see the large-scale adoption and use of cryptocurrencies by Wall Street and the major financial institutions. The pair also said that their own exchange, Gemini, will be adding more “menu options” – or alt-coins – to its portfolio, which currently enables purchases of Ethereal and Bitcoin.
How XRP Fits Into Ripple's Payments Products Explained - CoinDesk
In the following piece, we outline Ripple's three products today - xCurrent, xRapid and xVia - and explain where XRP fits in. As such, the main goal of xCurrent is to provide interoperability between any and all currencies, not just cryptocurrencies. In the same way that WhatsApp hides the complex inner-workings of online instant messaging with a slick user interface, xVia looks to mask the complexity of facilitating payments through Ripple's other products. While it's the last stage of Ripple's product ecosystem, a couple remittance providers - Brazil-based Beetech and Canada-based Zip Remit - have announced plans to use the product. The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
Miami Blockchain Event
FinTech brings efficiency as well as the ability to deliver new services and a much improved customer experience throughout the global financial services industry. FinTech is a natural fit with cloud computing, as new services are quickly developed, deployed, and scaled on public, private, and hybrid clouds. Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to info@dxworldexpo.com.
Three Burning Blockchain Questions | Ripple
The core concept is a simple breakdown of the name: blockchain is a chain of data blocks. But blockchain is changing the game. While the chatter around digital assets and blockchain can sometimes sound like an episode of Game of Thrones, the truth is that the sheer number of applications means there will be multiple forms of blockchain with utility. The promise of ILP and the Internet of Value means that as an organization, you should not wait for a future that will never arrive. Instead, identify the solution best matched to your needs to be ready to fully realize the promise of the Internet of Value.
Class Action Complaint Accuses Coinbase of 'Insider Trading' - Bitcoin News
The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved. The 18-page lawsuit filing accuses the exchange of tipping employees a month prior to the official launch of bitcoin cash (BCH) on December 19, 2017. The filing says the those who were not “tipped off” were not so lucky because after insiders sold their BCH the trading platform halted all trading activities. The complaint details the exchange tried again the very next day to launch the coin but ceased trading again. Introducing the Simple to Use and Robust https://t.co/UtJJm8netW Wallet https://t.co/w5xA4uDpU9 #bitcoinwallet pic.twitter.com/hB4KCBzqjL Download the Bitcoin.com Wallet right to your device for easy and secure access to your bitcoins.
Coinbase: We will send data on 13,000 users to IRS
The case began back in November 2016 when the IRS went to a federal judge in San Francisco to enforce an initial order that would have required the company to hand over the data of all users who transacted on the site between 2013 and 2015 as part of a tax evasion investigation. The San Francisco-based startup is now required to provide "taxpayer ID, name, birth date, address, and historical transaction records for certain higher-transacting customers during the 2013-2015 period." Coinbase reminded its users that it is “unable to provide legal or tax advice.” The company also noted, “If you have concerns about this, we encourage you to seek legal advice from an attorney promptly. Coinbase expects to produce the information covered by the court’s order within 21 days.” Join the Ars Orbital Transmission mailing list to get weekly updates delivered to your inbox.
Announcing SegWit support on Coinbase – The Coinbase Blog
Over the next week, we will be gradually enabling SegWit compatible Bitcoin sends and receives for all customers. Sending the incorrect digital assets to a deposit address will result in permanent loss. While we hope that customers are extra careful when sending Bitcoin Cash, we will be adding the below screens to all of our Bitcoin receive flows. We are continuing to invest in our Bitcoin infrastructure and we will be working on implementing additional Bitcoin scalability improvements like transaction batching and improved UTXO management. We hope this will all result in lower fees for customers and more capacity on the Bitcoin network.
Coinbase Compelled by IRS to Provide 13,000 Customers' Information - Bitcoin News
Introducing the Simple to Use and Robust https://t.co/UtJJm8netW Wallet https://t.co/w5xA4uDpU9 #bitcoinwallet pic.twitter.com/hB4KCBzqjL Download the Bitcoin.com Wallet right to your device for easy and secure access to your bitcoins. Here’s how to make Facebook show you our content again; Facebook has recently made some changes to show you less news. Here’s how to make Facebook show you our content again; a. Click the “Follow” button under our cover image. Click the “Follow” button under our cover image.
Customer Support Update — Our 90 Day Plan – The Coinbase Blog
I have personally met each new team member, we have set up new facilities, upgraded our security standards and have all the technology in place so this group of 90 can hit the ground running. After a deep dive into our current tool set, we realized that these tools were not intended for companies operating at significant scale. We’ve begun the process of migrating to a new set of tools that will enable smart case routing and more efficient workflows for our team, which ultimately will lead to faster response times for customers and fewer escalations. With our new tools and a dedicated social media support team, we will make this a primary support channel. In the next 90 days, we will begin to offer social media support via Twitter and Facebook.