Blockstream Open Sources Development of Its Proof of Reserves Tool

On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. The Bitcoin development company has submitted a Bitcoin Improvement Proposal (BIP) to the bitcoin-dev mailing list for consideration. Blockstream stated that it is “open-sourcing the development of the tool for feedback from the industry.” Citing high-profile hacks as a reason why such services would be in demand, Blockstream is hoping to create a “best-practice standard Proof of Reserves for the industry, that offers broad compatibility…

The Collapse of QuadrigaCX: What We Know (And What We Don’t)

QuadrigaCX, the Canadian cryptocurrency exchange, made headlines the world over last week when it announced it was filing for creditor protection and owed upwards of $130 million or more to its customers. The long-suffering exchange has had banking issues for more than a year, and customers complained they could not easily withdraw fiat or crypto over the past several months. Fears that the exchange may be insolvent or running a scam were exacerbated by an announcement that its founder and CEO, Gerald Cotten, died of Crohn’s disease while in India.…

Buy Ethereum on Opera | Browser Wallet Accepts ETH Purchases

Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet. For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap. Buying Ethereum on Opera To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. Further, the browser is making life even easier by enabling payments with credit and debit cards. It has also implemented other payment networks such as Sweden’s Swish. According to the web browsing…

BitTorrent Paying Dividends, TRX Suppressed

Tron prices steady but under heavy sell pressure BitTorrent surge 1,000 percent days after ICO Transaction volumes low but likely to increase Even with sellers threatening to reverse gains, TRX is stable above a critical support level as it trades within a bullish breakout pattern. With BTT rising demand and astronomical volumes, TRX will be the main benefactor. Tron Price Analysis Fundamentals BTT is finally retracing allowing more investors as well as believers to “catch” the token at a discount. While the ride may just be starting, it is the…

Opera Adds Crypto Buying Service to Android Wallet

Opera now lets Android users buy ethereum’s ether (ETH) cryptocurrency directly from its browser-based wallet, it announced Wednesday. For the new service, Opera said it has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. The feature allows payments with credit and debit cards, along with “trusted” payment networks including Swish in Sweden. At launch, ether purchasing is available only in Sweden, Norway and Denmark, however. Safello – which is registered with Sweden’s Financial Supervisory Authority – will verify users who make purchases using Sweden’s BankID and Denmark’s NemID…

Coinbase’s Wallet App Is Getting Bitcoin Support This Week

Coinbase users will soon be able to directly control their bitcoin holdings from the firm’s Wallet app. The San Francisco-based cryptocurrency exchange announced the news in a blog post Wednesday, saying that Coinbase Wallet will be updated over the next week to add bitcoin support to all users on iOS and Android. Bitcoin support will be “activated by default,” Coinbase said, meaning users will just have to tap “receive” tab in the app and select “bitcoin” to receive the cryptocurrency directly in the wallet. Coinbase Wallet already supports ethereum (ETH), ethereum…

Coinbase Extends PayPal Withdrawal Option to 32 European Countries

Coinbase customers in the EU and the European Free Trade Association (EFTA) countries can now make withdrawals into their PayPal accounts. The San Francisco-based cryptocurrency exchange announced the news Tuesday, explaining that, until now, European customers have had only Single Euro Payments Area (SEPA) and UK Faster Payments options available for withdrawals. The expanded service means customers of 32 European countries will now have the PayPal withdrawal option, with a total of 28 member countries in the EU and the four nations of the EFTA: Iceland, Liechtenstein, Norway and Switzerland. Support for…