Coinbase Custody Conducts First OTC Trade From Cold Storage

Coinbase Custody, the custodial tool of United States-based crypto exchange Coinbase, has completed its first over-the-counter (OTC) trade from cold storage, according to a blog post published on March 13. The post reveals that Coinbase Custody is now directly integrated with Coinbase’s OTC desk, which enables customers to use the OTC desk to price and confirm trades prior to moving funds. The product purportedly provides easy and immediate liquidity on users’ offline funds, meaning that it now takes less time for Custody users to get access to their funds and…

QuadrigaCX CEO Used Personal Money to Fund Exchange During Litigation With Bank in 2018

The late founder of Canadian crypto exchange QuadrigaCX, Gerry Cotten, was purportedly funding the exchange with his own money while it was in litigation with a major Canadian bank. Cotten’s widow Jennifer Robertson revealed details about the exchange’s financial situation in a statement published on March 13. The statement reads that Cotten was putting his own money into Quadriga to fund user withdrawals in 2018, after the Canadian Imperial Bank of Commerce (CIBC) had frozen five accounts holding $21.6 million. Robertson stated: “While I had no direct knowledge of how…

Stellar Lumens Is About to Begin Trading on Coinbase Pro

The Stellar lumen has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange. Coinbase Pro announced Wednesday that it was accepting deposits of XLM, with trading support coming once sufficient liquidity is established. The process will take a minimum of 12 hours, according to a blog post. The cryptocurrency is not yet available on Coinbase’s retail platforms, including coinbase.com or its Android and iOS apps. Stellar was started by Ripple co-founder Jed McCaleb, with lumens aimed at being part of a low-cost payment network. According to Coinbase’s…

Jack Dorsey, Bitcoin Evangelist, Speaks About Square in Recent Podcast

Twitter founder Jack Dorsey has earned himself the title of ‘Bitcoin Evangelist’—such is his advocation for digital assets. His support of Bitcoin has been consistent and unwavering. Dorsey, as a successful businessman, is hard to ignore. His support for the leading cryptocurrency spurs on Bitcoin bulls and those who love a strong voice supporting their views. Jack Dorsey’s Square The entrepreneur recently participated in a podcast called “Tales from the Crypt” where he spoke about buying Bitcoin. Interestingly, he told how he “maximizes the $10,000 Bitcoin purchase limit on Square Cash…

Vonage Subsidiary Receives Patent to Secure Voice Communications With Blockchain

A telecoms firm owned by American cloud communications company Vonage has been awarded a patent for using blockchain technology to secure communications and recordings. The patent was published by the United States Patent and Trademark Office on March 12. NewVoiceMedia, Ltd. — a cloud service company based in Basingstoke, England — has been granted a patent for “system and methods for tamper proof interaction recording and timestamping.” Specifically, the development represents a system for securely recording voice communications, such as phone calls, using a distributed blockchain network. The system is purportedly…

Post-Trade Market Infrastructure Giant DTCC Publishes Guidelines for Tokenized Securities

The Depository Trust & Clearing Corporation (DTCC), a global post-trade market infrastructure giant, has published a white paper outlining guiding principles for the post-trade processing of tokenized securities. News of the white paper was announced in an official DTCC press release on March 13. The paper — targeted at regulators and other market participants — identifies the characteristics that are unique to the emerging tokenized security asset class and its market structure. In the press release, DTCC proposes that: “The market for trading crypto assets that are security tokens where…

Crypto Markets See Mixed Action While Bitcoin Holds $3,900, US Stocks Rise

Wednesday, March 13 — cryptocurrencies continued trading sideways today, with most of the top 20 cryptocurrencies by market capitalization seeing moderate price changes since yesterday. Market visualization from Coin360 Bitcoin (BTC) has managed to hold the $3,900 price threshold by press time, staying relatively stable since March 6. However, the biggest cryptocurrency dropped below the price point earlier on the day, with the intraday low of $3,891. At press time, Bitcoin is trading at $3,910, down around 0.01 percent over the past 24 hours. Bitcoin 30-day price chart. Source: CoinMarketCap…

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, TRON, Cardano: Price Analysis, March 13

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Barclays internet analyst Ross Sandler believes that a cryptocurrency by Facebook could add $19 billion to its revenue by 2021. If that happens, it will help expand the reach of cryptocurrencies and will be a major sentiment booster for the whole sector. Overstock.com’s blockchain…

Bitcoin (BTC) On Demand, ATM Double Spending Scare

Bitcoin prices stable along the 20-day MA Calgary based Bitcoin ATMs post huge losses after double-spending attacks Transaction volumes low averaging 7.3k by Mar 12 close Thieves steal $200k worth of Bitcoin in ATMs across seven Canadian cities. Nonetheless, prices are stable and above $3,500 meaning Bitcoin (BTC) buyers have a chance for $6,000. Bitcoin Price Analysis Fundamentals By substituting speed and convenience over security and fund safety, four scammers-who clearly had requisite technical expertise to pull off such a heist-found a gap and made away with $200k worth of…