Bitcoin News Summary – Feb 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds.

Major US exchange, Kraken, reported that it’s lifted $100 million in investment from the possess “whale” clients. The sell also disclosed the merger of Crypto Facilities, a UK organisation focused on derivatives. This news suggests that crypto futures will be entrance to Kraken.

Blockstream revealed their new Proof of Reserves tool. The apparatus provides a protected and standardised way for crypto exchanges and services to infer the existence of their Bitcoin reserves.

An Iranian company, with subsidy from 4 banks, has released a crypto, famous as PayMon, which is corroborated by gold. The over-the-counter sell in Iran is also set to join in hosting the new currency.

Twitter’s CEO, Jack Dorsey, tweeted per his receipt of the supposed Lightning Torch. The Torch is a array of Bitcoin Lightning Network payments of augmenting value between named individuals. Dorsey upheld the flame to Lightning Labs CEO, Elizabeth Stark.

Argentinians can now fund their open ride cards by using Bitcoin. This use is available at 37 locations opposite the country. Prior to the further of bitcoin payments, the use only supposed PayPal.

And finally, LocalBitcoins stated that it will approve with the arriving EU’s AML and KYC regulations. Stricter user corroboration procedures are approaching to be announced in March.

That’s what happened this week in Bitcoin. See you subsequent week.

Article source: https://99bitcoins.com/bitcoin-news-summary-february-11-2019/

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