TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Japan signals exchanges to strengthen their internal security measures. Exchanges continue to announce policy on keeping Bitcoin SV. eToro launches crypto exchange with own backed stablecoins. Notre Dame cathedral bitcoin fund initiated. ConsenSys looking for $200 million in new investments, and Rakuten opens registrations for its crypto exchange.
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Japan Tells Exchanges to Tighten Internal Security
The Japan financial watchdog FSA (Financial Services Agency) will require cryptocurrency exchanges to implement tighter internal security measures to preserve the integrity of so-called “cold wallets,” where exchanges guard their cryptocurrencies away from the internet and possible hacks. However, these cold wallets have been proven to be susceptible to internal hacking and thefts due to mismanagement by the same institutions, a source familiar with the matter told Reuters.
Exchanges Keep Delisting / Keeping Bitcoin SV
If BSV price too low and 51% happen, we will reconsider delist BSV. https://t.co/BzFIQPrUrg
— Haipo Yang (@yhaiyang) April 16, 2019
The situation of the delisting of Bitcoin SV keeps touching more exchanges and ecosystem businesses as time passes. Blockchain announced they were ending their support for BSV on their wallet, and two more are following Kraken’s lead by running polls: Litebit and BitForex. Haipo Yang, CEO of CoinEX, mentioned they would not delist BSV because it was a great social experiment, but then added some observations to his prior tweet.
eToro Launches Crypto Exchange With Own Stablecoins
The Israeli based social investment platform Etoro launched a cryptocurrency exchange called eToroX, and is also launching a slew of its own backed stablecoins and an interesting number of trading pairs. The exchange will only support 6 cryptocurrencies at their launch: bitcoin, dash, bitcoin cash, ethereum, XRP, and litecoin. It will also feature signature stablecoins as the eToro US dollar (USDEX), eToro yen (JPYX) and the eToro euro (EURX), and other 5 other currencies.
Notre Dame Cathedral Rebuild Crypto Campaign Initiated
President @EmmanuelMacron has announced a subscription to rebuild #NotreDame. Hey bitcoiners, let's prove to the french authorities #Bitcoin can be an amazing way to send funds quickly, without border and for a good cause ! #bitcoinfornotredame 1JX3k1e1acXENqoKqaAtKKEdE9C2j4WsDB pic.twitter.com/Xu1zULMqL1
— Grégory Raymond (@gregory_raymond) April 15, 2019
After the disaster of the fire in the cathedral of Notre Dame, a cryptocurrency journalist called Gregory Raymond has started a campaign to raise funds directed to rebuilding the 850 year old church. This will give the opportunity for people of all over the world to contribute to this cause in a quick, independent way. The action will “prove to the French authorities Bitcoin can be an amazing way to send funds quickly,” according to the journalist.
ConsenSys Looking to Raise $200 Million in Funding
ConsenSys, the company led by Joseph Lubin, a co-founder of Ethereum, is looking to raise $200 million dollars in new funding, sources report. Supposedly, the company is pitching itself to Asian investors with materials exposing they will achieve $50 million in revenue this year. Last year, they went through tough times and had to let go 13% of their personnel, declaring they could keep laying off staff to save the company.
Rakuten Opens Registrations for its Cryptocurrency Exchange
Rakuten, a large Japanese etailer, opened registrations for its upcoming cryptocurrency exchange to be launched in June, according to CoinBeat. For registering, users need to have a Rakuten ID and also an associated bank account to be active in the platform. It is rumored Rakuten could add cryptocurrencies to its payment methods in the near future, integrating this exchange to their wallet services.
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