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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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Zero Fees and Interest-free Loans in Decentralized Credit Networks
Blockchain can disrupt the traditional banking industry, enabling new business models, and making the traditional financial infrastructure more efficient. Decentralized financial networks are based on smart contracts and P2P services which replace banks as a trusted party. дальше »
2018-11-29 21:11 | |
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Tether Reopens Fiat Withdrawals: Is it Too Late?
Tether (USDT) has resumed fiat withdrawals in a move that may restore confidence in the original stablecoin. In an announcement posted on the project’s blog, Tether said that their new partnership with Deltec, announced at the start of the month, has enabled them to begin reopening token redemptions straight from the platform. дальше »
2018-11-28 23:48 | |
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New “Blockchain Academy” Launches by the Bahrain Finance Training Institute (BIBF)
Despite all of the bearish momentum that seems to have gripped the crypto market over the past couple of weeks, it has just come to light that the Bahrain Institute of Banking and Finance (BIBF) is all set to launch the nation’s first “Blockchain Academy”. For those who might not be aware, the BIBF was […] дальше »
2018-11-27 18:53 | |
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Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. дальше »
2018-11-25 07:05 | |
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European Commission is launching blockchain association next year, major banks are already on board
The European Commission is launching a new blockchain association next year and major banks are invited to join it. BBVA, Spanish banking giant, announced that it and four other banks have joined the EC’s planned International Association for Trusted Blockchain Applications (IATBA), which could be a legal entity as early as first quarter of 2019. […] дальше »
2018-11-24 19:43 | |
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EU hates cryptocurrency and likes blockchain – for all the wrong reasons
The European Commission – the executive arm of the European Union – is a supporter of the common “blockchain, not Bitcoin” adage, it seems. At a blockchain roundtable session earlier this week, the Commission announced a new distributed ledger initiative that aims to transform the digital services space. дальше »
2018-11-23 15:04 | |
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SWIFT India shakes hands with Fintech Firm for Blockchain Pilot
The blockchain technology and adoption is on the rise and the rate at which it is grasping everyone’s attention is just shocking. Due to its widespread applications, especially in the Fintech space, it has become hard to ignore for the traditional banking institutions. дальше »
2018-11-21 17:03 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
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Money Over IP (MOIP) Is A New Catchphrase Set To Change The Future Of Banking And Finances
MOIP — A Word That Will Change The Future Of Banking And Finances When you hear the word MOIP for the first time, it is nothing more than a funny little word. However, it is a word that carries a much bigger meaning. дальше »
2018-11-19 00:30 | |
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Hada DBank Form Strategic Alliance with Secure Coinbrokers
Hada DBank recently revealed a new OTC partnership with leading platform Secure Coinbrokers. HADACOIN token would also be listed on numerous exchanges soon. Effective Collaboration Hada DBank has been extremely busy over the past few months, developing their blockchain technology in anticipation of the launch of the banking platform. дальше »
2018-11-17 01:23 | |
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Ripple’s CEO Believes That the Blockchain Startup May Topple the Swift Banking Network
Ripple, a global payments network is currently in the process of expanding as they onboard new customers and financial firms. According to Bloomberg’s article published on November 15, 2018, Ripple’s popularity with financial institutions may one day overtake the Society for Worldwide Interbank Financial Telecommunication (SWIFT) banking network, as the blockchain-based company uses newer and […] Ripple’s CEO Believes That the Blockchain Startup May Topple the Swift Banking Network was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-11-15 17:29 | |
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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service
After the U. S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc. , said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. дальше »
2018-11-15 00:00 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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Iran has developed its national cryptocurrency supported by rial
Seyyed Abotaleb Najafi, CEO of Informatics Services Corporation, said the national cryptocurrency has been developed and designed by Informatics Services Corporation at Central Bank of Iran’s request to be utilized new technologies in expanding banking system services. дальше »
2018-11-13 09:30 | |
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New Partnerships, Milestones and Developments, Hada DBank moves Forward
Bitcoin Press Release: Hada DBank have announced a new OTC partnership with popular platform Secure Coinbrokers. HADACOIN tokens soon to be listed on numerous exchanges. November 11th, 2018, Kuala-Lumpur – Over the last few months the team at Hada DBank have been busy developing their blockchain technology in preparation for the banking platforms imminent launch. дальше »
2018-11-12 09:10 | |
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How The Ripple Tortoise Might Win the Adoption Race
XRP might not be the Platonic ideal of a peer-to-peer currency, but a wave of new adoptions shows that Ripple must be doing something right. In addition to extending RippleNet to “close to 200 banking and financial partners”, and a handful more for xRapid, the company behind the third-largest cryptocurrency has also facilitated “billions” in inter-company […] The post How The Ripple Tortoise Might Win the Adoption Race appeared first on Crypto Briefing. дальше »
2018-11-9 00:00 | |
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Switzerland: Trojan horses are evolving to target cryptocurrency exchanges
A computer virus that mines the anonymous cryptocurrency Monero has been ranked as the sixth most significant malware to hit Switzerland in the first half of this year. Swiss researchers also discovered that cybersecurity threats once focused on breaking into online banking services have pivoted to more efficiently attack cryptocurrency exchanges. дальше »
2018-11-8 19:33 | |
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ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions
Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U. S. with money laundering and organizing a scheme to evade U. дальше »
2018-11-7 10:35 | |
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Tether New Banking Partner Deltec is Under Investigation for Receiving Suspicious Transactions
Tether and Deltec Bank & Trust has been together in the media frequently lately for the rumors of a new banking relationship. Only last week, Tether posted on Twitter to confirm the partnership, despite refraining from any type of comment for the weeks preceding it. дальше »
2018-11-7 02:56 | |
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AMD reaaaally wants you to buy its new cryptocurrency mining gear
Thirsty for a piece of the action from the cryptocurrency market, it appears AMD has become the latest graphical processing unit (GPU) manufacturer to target the blockchain sector. AMD just launched a new explainer page for cryptocurrency and blockchain tech. дальше »
2018-11-6 19:57 | |
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Swiss Regulator Instructs Banks to Assign 800 Percent Market Value Risk Weighting to Cryptoassets
The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks in the country who handle cryptocurrency to weight cryptoassets at eight times their market value when calculating loss-absorbing capital. дальше »
2018-11-6 14:00 | |
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Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account
Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves. дальше »
2018-11-3 22:00 | |
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Morgan Stanley Reports: Bitcoin is a New Institutional Asset Class
Cryptocurrencies are a new investment asset class, according to a report by Morgan Stanley, released on October 31. The Evolution of Cryptocurrencies The banking giant has conducted research over the last six months on Bitcoin to identify trends, based on which it concluded that cryptos are an investment asset class. дальше »
2018-11-3 19:59 | |
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Tether Confirms New Bank and Claims to Have $1.8 Billion in Cash
Tether Ltd. has confirmed the identity of its new bank. The company behind the eponymous tether stablecoin (USDT) has historically been reluctant to disclose its banking arrangements, for fear they might be jeopardized. дальше »
2018-11-2 14:40 | |
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Tether Announces Relationship With Deltec Bank in the Bahamas
On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. дальше »
2018-11-2 10:00 | |
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Morgan Stanley report hails crypto as new institutional investment class
According to a new report by Morgan Stanley, institutional investors are increasingly getting involved in bitcoin and other cryptocurrencies – while the number of retail investors in the space is staying stagnant. дальше »
2018-11-2 09:34 | |
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Breaking: Tether (USDT) Confirms its Banking Balance and New Bank Account in the Bahamas
Tether Limited, the company that is the issuer of the dollar pegged Tether (USDT) cryptocurrency, has announced a new banking relationship with Deltec Bank and Trust Limited that is headquartered in the Commonwealth of The Bahamas. дальше »
2018-11-1 19:44 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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Goldman Sachs To Offer Bitcoin Derivatives Trading For Selected Clients
Goldman Sachs, the global investment banking behemoth, will soon start rolling out a Bitcoin [BTC] derivatives trading facility, and has been working with a small number of selected clients to trade the product actively, The Block reported on October 30, 2018. дальше »
2018-11-1 16:00 | |
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Goldman Sachs Quietly Onboarding Clients for Bitcoin Derivatives Market
New York banking giant Goldman Sachs is quietly onboarding clients for its new Bitcoin derivatives product. Representatives from the firm report that despite excitement in the cryptocurrency community for the new rollout, Goldman is in no rush to push additional cryptos like Ether into market. дальше »
2018-11-1 20:11 | |
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New Ripple Ad Praises XRP Coin Payments Speed vs Traditional Banking Systems, Features XRP Text
New Ripple Ad Shows How Slow Traditional Banking Systems Are The recognized financial and crypto company Ripple has just released a new advertisement related to the banking industry. In the ad, it is possible to see how Ripple mocks current cross-border payments made by financial institutions. дальше »
2018-10-31 19:56 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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J.P. Morgan Banks on Quorum Blockchain to Offer Lucrative Trading Products
Global investment banking firm JP Morgan is building Quorum, an enterprise blockchain platform built on the Ethereum Platform. According to the Financial Review’s article published on October 29, 2018, JP Morgan believes that the Quorum platform can open up new trading opportunities in the next decade as it will help tokenize of a variety of assets which include gold bars,. дальше »
2018-10-30 17:00 | |
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XRP Gains Wider Adoption as Ripple Hires Google’s Messaging Tech Leader
In recent months many blockchain startups have been making moves to hire top talent away from the giants of the tech and banking industries. The latest example of this crypto headhunting was just announced by Ripple. дальше »
2018-10-28 01:16 | |
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Mastercard Makes a U-turn Seeking to Patent Fractional Reserve Banking for Blockchain Assets
CoinSpeaker Mastercard Makes a U-turn Seeking to Patent Fractional Reserve Banking for Blockchain Assets In the new patent, Mastercard proposes a Fractional Reserve used for simultaneous storage of fiat and crypto. дальше »
2018-10-27 09:55 | |
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Top 7 Biggest Differences From A Banking Ledger And Blockchain Technology
Throughout history, records of economic transactions were seen as very important information. As such, it was imperative to record it, although, there was always a demand for new and more convenient ways to do it. дальше »
2018-10-27 07:55 | |
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Is Crypto-Finance the New Banking? Coinbase and Circle to Blacklist Suspicious IP Addresses for USDC
The rapid launch of several stablecoins offerings in 2018 seems comparable to the ICO boom in 2017, with most price-stable tokens built by premier crypto companies or invested in by venture capital funds. дальше »
2018-10-26 05:00 | |
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New Report Reveals Bitfinex’s and Other Crypto Exchanges’ Banking Partners
The Block has published a new report detailing where some of the world’s largest cryptocurrency firms house their holdings. The report specifically notes interesting trends happening with cryptocurrency exchange Bitfinex, whose financial practices have been the subject of controversy this year. дальше »
2018-10-26 20:54 | |
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XRP Supporter David Schwartz: Ripple, Bitcoin, Ethereum Blockchain Ledgers Win Over Centralized Systems
David Schwartz of Ripple participated in a debate by Money 20/20 in which he identified his stance on why blockchain technology is the ideal place for building new payment systems. Schwartz cited the traditional banking systems and recent YouTube outages to address how vulnerable a centralized system is. He also noted that security and governance […] дальше »
2018-10-25 23:51 | |
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A New Australian Dollar-Backed Stablecoin Slated to Launch on Stellar
Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network. дальше »
2018-10-25 20:58 | |
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Coinbase Custody receives a license from New York regulator to offer crypto custody services
On October 23, a crypto company Coinbase announced that Coinbase Custody had obtained a license under New York State Banking Law to operate as an independent Qualified Custodian. Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS). дальше »
2018-10-25 13:08 | |
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Coinbase получила разрешение на предоставление кастодиальных услуг в криптосфере
Ведущая американская биржа Coinbase получила одобрение Управления финансовых услуг штата Нью-Йорк (NYDFS) на создание кастодиального подразделения Coinbase Custody Trust Company LLC. Новая организация будет предоставлять услуги квалифицированного хранения биткоина, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic и XRP. дальше »
2018-10-24 10:29 | |
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New Blockchain Initiative to Help African Entrepreneurs Unlock Banking Services
Papersoft Africa, iVEDiX, and a group of bankers intend to launch a blockchain-based solution that would allow African entrepreneurs and individuals to get better access to banking services.
дальше »2018-10-24 10:12 | |
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