Half of American Millennials Interested in Using Crypto

A recent survey by research service YouGov Omnibus shows that half of American millennials are interested in using cryptocurrency. The survey, which collected answers from 1202 respondents from August 29-30, assesses the interest of respondents in using crypto in everyday life: “Of the people who believe that cryptocurrencies will become widely accepted, over one-third (36%) say they would be interested in converting to primarily using a cryptocurrency rather than the U.S. dollar. However, a majority (57%) say they would not be interested in converting away from the U.S. dollar. Millennials…

New York Man Pleads Guilty to $1.8 Million Ether Robbery

A New York man has pleaded guilty to kidnapping and robbery charges in connection with the theft of $1.8 million worth of ether. Manhattan District Attorney Cyrus Vance said in a statement published on Wednesday that Louis Meza, who was accused of kidnapping an unnamed individual in New York last year and stealing their ether holdings, admitted to grand larceny in the first degree and kidnapping in the second degree. Meza was arrested in December after allegedly forcing the victim to hand over a cell phone, wallet and keys at gunpoint…

Winklevoss Brothers Win Patent for Crypto Key Storage System

Crypto exchange Gemini founders Cameron and Tyler Winklevoss have won a patent for a cold storage method involving air-gapped computers, geographically remote vaults, plastic cards and, possibly, papyrus. Filed under the brothers’ firm Winklevoss IP, LLC, the document – published Tuesday by the U.S. Patent and Trademark Office – outlines a plan to develop a network of computers capable of generating accounts for storing cryptocurrencies or cryptocurrency-related exchange-traded products (ETPs). As part of a security measure, the computers would be isolated except when necessary to transfer assets, essentially acting as a cold…

ADA Likely To Print New 2018 Lows

A 12 percent dip in the last week is enough to spin all sorts of outrageous predictions. Some analysts preaching doomsday for ADA like ETH which Jeremy Lubin of Stellar Lumens said might drop to zero. Well, they might have their reasons but Cardano’s development is exciting. In the next 18 months, project Shelly will be on and thereafter, platform admirers will begin seeing the complexity, if not the superiority of Cardano unfold. From the News Aside the doom and gloom prediction of altcoins and the “real reality” that ADA…

Belarus Seeks South Korean Investors Interested in Blockchain and Fintech

Belarusian diplomats are seeking South Korean investors for the country’s growing blockchain and fintech industry, Korea JoongAng Daily reported September 6. During a visit to Seoul on Tuesday, the deputy foreign minister of Belarus Andrei Dapkiunas reportedly stated that Belarus endeavors to establish relations with Korean investors interested in “fourth industrial revolution” technologies, including blockchain and artificial intelligence (AI). In an interview with Korea JoongAng Daily, Dapkiunas noted that Belarus has developed “groundbreaking state legislation” in the IT sector, and said that the country is “making innovative strides on blockchain,…

Crypto Exchange Huobi Acquires Publicly Listed Firm on HK Stock Exchange

Cryptocurrency exchange Huobi has acquired controlling stock interest in Hong Kong-based Pantronics Holdings Ltd., according to an official announcement from the Hong Kong Stock Exchange (HKEx) dated August 29. As Cointelegraph reported August 28, HKEx-listed Pantronics, an electronic products manufacturing firm, had halted trading of its shares on the Main Board of exchange on August 22, citing a “possible offer to be made under Rule 26 of the Hong Kong Codes on Takeovers and Mergers.” Indications at the time suggested Huobi had acquired 73.73 percent of the firm. HKEx’s official…

Why hackathons are an important part of Coinbase culture

Great engineers love building creative solutions to important problems. That’s certainly true for us here at Coinbase. While it’s easy to get caught up in the daily tasks and to-dos, we strongly believe in giving ourselves the space to experiment with creative ideas — even if they aren’t directly related to the company’s near-term goals. At Coinbase, hackathons are an opportunity to have fun and forge new friendships, to try new things we’re not sure will work, and to learn new skills or platforms. It’s a chance to explore big ideas and…

Stellar Lumens, Litecoin, Tron, EOS, IOTA Price Analysis:

Despite bears slowing in the last day, altcoins are poised to further shed in the coming days. It all has to do with Sep 5 candlestick rejecting higher highs often at or around key resistance levels. Since altcoins as EOS, XLM and Tron are still moving inside an eight month consolidation, trading with the trend will be a natural fit going forward. Let’s have a look at these charts: EOS Price Analysis EOS Daily Chart by Trading View Yesterday was a tad bit stable for EOS prices and while market…

Recent Reports About Crypto Trading Desk Are ‘Fake News’

Goldman Sachs Chief Financial Officer (CFO) Martin Chavez said that recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news,” CNBC reported September 6. At the TechCrunch Disrupt Conference in San Francisco, Chavez reportedly said that reports about the company’s intentions for a crypto trading desk were unfounded: “I never thought I would hear myself use this term but I really have to describe that news as fake news.” Rumors that Goldman Sachs planned to establish a crypto-focused unit by the end of…

Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application is non-custodial, and the wallet’s private keys are never held by anyone other than the actual user. Abra employs no middlemen, ensuring customer funds are never touched, managed or viewed by outside parties. Past and…