bitFlyer Conducts European Study of Consumer Crypto Confidence

On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations. bitFlyer shared the findings with Bitcoin Magazine, providing details around its methodology. The 10,000 respondents were selected from 10 pools of 1,000 people from each participating nation: Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Poland, Spain and the U.K. Questions were posed in each country’s native language, with French being the language used for multilingual Belgium. Crypto Confidence Higher Than…

Version 1.1.4 Gives Wasabi Wallet a Boost in Privacy, Security and UX

Wasabi Wallet has released version 1.1.4 of its privacy-focused wallet and the latest upgrade comes with security-bolstering features, improved performance and a curiously named — but definitely useful — new “Lurking Wife Mode.” Proudly advertised as the wallet that lets users “reclaim [their] privacy,” the Wasabi desktop wallet is indeed a favorite of bitcoiners who want to obscure their transactions and make their coins more fungible (i.e., indistinguishable from others on the network). Wasabi’s use of CoinJoin has largely made the bid for anonymity possible. The feature allows users to…

Blockchain Intelligence Firm Chainalysis Expands Monitoring Tools to Cover 10 Cryptos

New York-based blockchain compliance firm Chainalysis has expanded its real-time transaction monitoring tools to cover a total of 10 cryptocurrencies, Reuters reported on April 24. Chainalysis is one of the highest-profile players in the blockchain intelligence industry, providing technology — such as its proprietary KYT (Know Your Transaction) tool — that enables firms, governments and law enforcement agencies to track the flow of cryptocurrencies on the blockchain and track suspected illicit transactions, helping to uncover money laundering or terrorism financing. The firm has reportedly issued a statement outlining that its…

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its website. Per the announcement, the project, which has been ongoing since mid-2018, aims to optimize operational efficiency. The bank claims that earlier this year, it has successfully carried out payments on blockchain within one minute. The post also points out that conventional methods require a wait of one to two…

China’s Forex Regulator Develops Blockchain Trade Finance Solution Pilot

China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to the report, the development of the platform was initiated by SAFE and completed in collaboration with the Hangzhou Blockchain Technology Research Institute. The latter, also known as China Banknote Blockchain Technology Research Institute, has reportedly completed the technical undertaking of the project under the China Banknote Printing and Minting Corporation, which is directly…

Tron CEO Justin Sun Hints at Partnership With Liverpool FC, Liverpool Denies

This article has been updated to include Liverpool’s denial of the Tron partnership. Tron CEO Justin Sun said in a tweet on April 24 that the Tron Foundation, the firm behind the 11th biggest cryptocurrency Tron (TRON), will reportedly partner with British professional football club Liverpool. However, a Liverpool spokesperson reportedly told Decrypt Media that “Liverpool Football Club has confirmed that it does not have a partnership with Tron.” While Sun did not include any specific details about the nature of the upcoming partnership — which has since been denied…

New York Makes First Money Laundering Conviction Involving Cryptocurrency

In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments. According to an official announcement shared by the District Attorney’s office on April 24, 2019, Mark Sanchez and Callaway Crain have pleaded guilty to charges of money laundering through the sale of controlled substances on their website and on the dark web. “These defendants raked in crypto and cash worth millions on…

John McAfee Says He Will Reveal Who Satoshi Nakamoto Is

According to a Bloomberg report, notorious crypto enthusiast and antivirus software maker, John McAfee, claims to have spoken with Bitcoin creator Satoshi Nakamoto. Further, he says he will reveal this person’s identity. John McAfee Claims to Know Satoshi Nakamoto When this reveal will be, however, remains unclear, despite McAfee initially telling Bloomberg he would expose Nakamoto “within a week.” McAfee said yesterday that the controversy his announcement would bring could damage his efforts to fight extradition to the US. Saying in a Twitter post: “Releasing the identity of Satoshi at this…

Despite Dropping, Ethereum (ETH) is Bullish and May Even Be a Store of Value

Ethereum (ETH) prices drop 5.5 percent from $170 The development of Ethereum 2.0 will reinforce ETH Despite competition and the threats of Binance Chain, Ethereum will leverage on their first mover advantage as a time-tested platform and recover. Besides, the promise of Ethereum 2.0 and implementation of EIP 1234 means scarcity and ETH holders would be the primary beneficiaries. Ethereum Price Analysis Fundamentals That Ethereum is enjoying a first-mover advantage in a field that is already crowding with competitors offering faster and cheaper alternatives is correct. Entrants like Tron, EOS…

Bitcoin (BTC) Cooling Down After Impressive Gains, Satoshi Quest

Bitcoin prices stretched, down 2.1 percent John McAfee, a BTC supporter, in direct contact with Satoshi Satoshi has spoken to John McAfee, and he is unhappy that the talented technologist is after uncovering him, ten years after mining the first Bitcoins. With this revelation, Bitcoin (BTC) prices are stable but down 2.1 percent in the last day. Bitcoin Price Analysis Fundamentals The discussion around the true identity of Satoshi Nakamoto, the anonymous founder of the multi-billion platform in Bitcoin, is always an interesting debate. While it is good that the…