Top Five Crypto Events of the Past Week, February 16-22, 2019

Top Five Crypto Events of the Past Week, February 16-22, 2019

crypto events

Many events have taken place in the crypto market of late. In this article, we will be mentioning just five of the key events that shook the crypto world this week.

Samsung Electronics launched its flagship smartphone, Galaxy S10.

In a bid to make official it’s interest in Cryptocurrency and Blockchain technology, Samsung has released its latest Galaxy mobile phone— S10. The new mobile phone features an app designed to store digital currency. The app is identified as the Samsung Knox.

Coinflex Launches Physically Delivered Cryptocurrency Futures Exchange

According to a recent report, Coinflex has established a new Physically Delivered Cryptocurrency Futures Exchange which is based in Hong Kong. The exchange is a subsidiary of Coinfloor, one of the oldest cryptocurrency exchanges in the United Kingdom.

Coinbase Wallet App Adds Bitcoin Cash Support

Based on a recent report, San Francisco-based digital currency platform, Coinbase announced that its non-custodial wallet app can now store bitcoin cash (BCH) coins. The wallet also supports both Cashaddr and legacy address formats and will be made available to all iOS and Android users in the next few weeks.

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

A recent report has revealed that mining rig manufacturing giant, Bitmain Technologies has launched its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BCH and BTC. The mining chip which was named the BM1397 is said to be more efficient when mining Proof of Work (PoW) coins and is to be installed in the latest Antminer series of devices.

Post Office in Liechtenstein Now Sells BTC

According to a recent report, the government-owned post office in Liechtenstein has begun offering a cryptocurrency exchange service. The post office which is situated in the capital city of Vaduz is to initially start with selling BTC as well as 4 other cryptocurrencies. The service is in partnership with Zug-based Värdex Suisse, the operator of “the largest crypto ATM network in Switzerland.”