CBOE Will Not List Bitcoin Futures in March, Cites Need to Asses Crypto Derivatives

The Chicago Board Options Exchange (CBOE) will not add a new Bitcoin (BTC) futures market in March, the firm said in a statement on March 14. Per the statement, CBOE is re-evaluating how it approaches trading digital assets. CBOE said: “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional…

French Court Clerks to Use IBM Blockchain Platform for Corporate Registry

French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14. The blockchain network was jointly developed by IBM and the National Council of Clerks (NCC) and will reportedly be deployed starting in 2019 by the clerks operating in commercial courts across France. The blockchain platform is built on the Hyperledger Fabric framework and aims to increase transparency and efficiency in legal transactions associated with the lifecycle of companies in the…

Over 40 Bugs in Blockchain and Crypto Platforms Detected Over Past 30 Days

White hat hackers have detected over 40 bugs in blockchain and cryptocurrency platforms over the past 30 days, tech news outlet The Next Web (TNW) reported on March 14. According to an investigation conducted by TNW, 13 blockchain- and cryptocurrency-related companies were hit with a total of 43 vulnerability reports from Feb. 13–March 13. In the blockchain field, e-sports gambling platform Unikrn reportedly got the most vulnerability reports, amounting to 12 bugs. Unikrn is followed by OmiseGo developer, Omise, having received six bug reports. In third place is EOS, with…

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Bitcoin Price on Verge of Racing into Bull Market

Tom Lee made an extraordinary prediction in December, one that turned out to be false. He said Bitcoin would go way back over $10,000, which was an adjustment from an earlier prediction. Now, while Bitcoin trades sideways within a tight range but altcoins are experiencing a resurgence dubbed by Mati Greenspan as “alt-season,” Lee says another bull run is on the way. 2019 Will Be ‘Year about Repair’ for Bitcoin Speaking to CNBC, Lee said today: Join CCN for $19.99 per month and get an ad-free version of CCN including…

Some Altcoins Make Mild Gains, Crude Oil Futures See Four-Month High

Thursday, March 14 — cryptocurrency markets are trading sideways, with some major coins making minor gains on the day, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is up less than one percent over the past 24 hours, and is trading at $3,921 at press time. The major cryptocurrency has seen small volatility over the day, having dipped to as low as $3,901, while the intraday high reached $3,946 as of press time. Bitcoin 24-hour price chart. Source: CoinMarketCap Ethereum (ETH), the second top cryptocurrency by market…

Republican Leader Claims Blockchain Can Make US Government More Efficient

Rep. Kevin McCarthy, the current Republican Minority Leader in the United States House of Representatives, said on Tuesday, March 12, that blockchain can make the U.S. Congress a more efficient and transparent place. Speaking to the Select Committee for Modernization of Congress, McCarthy said that blockchain technology has changed the paradigm of security in the financial world: “Blockchain is changing and revolutionizing the security of the financial industry. Why would we wait around and why wouldn’t we institute blockchain on our own, to be able to check the technology but…

Renewable Energy Not Enough for Bitcoin’s Sustainability Problem

Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March 14. The research cites estimates from de Vries’ website, according to which Bitcoin consumed anywhere from 40 terawatt hours (TWh) to 62.3 TWh throughout 2018. According to the paper, this is on par with the energy consumption of countries like Hungary (40.3 TWH) and Switzerland (62.1 TWh). De Vries quotes research…

Litecoin (LTC) Bulls Have the Upper Hand, Sights at $70

Litecoin prices stable and bullish QuadrigaCX founder had the best interests in mind and cared for his customers Transaction volumes low but revival depends on LTC demand Cotten’s window now says his husband had the best intentions and interest for QuadrigaCX users as the search of $190 million worth of Bitcoins and other assets continue. At spot rates, Litecoin is bullish, and trading above $50 meaning buyers have a chance in days ahead. Litecoin Price Analysis Fundamentals $190 is not pocket change, and it gets worse because few are buying…