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Swedish Cryptocurrency Exchange Experiences Security Breach
QuickBit cryptocurrency exchange recently experienced a data breach, which affected about two percent of its customers. In an updated report on July 22, 2019, the company said the breach was as a result of a third-party system upgrade, but customers’ accounts and transactions were still safe and intact. дальше »
2019-7-23 13:00 | |
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Research: Global Financial Services Executives Believe Blockchain is Essential
Nine out of ten global executives in the financial services and insurance industry (FS&I) believe in the need for transformational digital change through the use of distributed ledger technology (DLT) and artificial intelligence (AI) amongst other new technologies. дальше »
2019-7-23 11:00 | |
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British MP Wants to Probe Facebook’s Libra Cryptocurrency
A member of the British Parliament wants to probe Libra over concerns user data privacy. The news comes following similar legislative appearances before the U. S. Congress and adds to the growing negative sentiments around the project from across the globe. дальше »
2019-7-23 09:00 | |
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Kenyan Central Bank Governor Believes Facebook’s Libra is too Risky
The Central Bank of Kenya (CBK) has given its take on Facebook’s Libra cryptocurrency project. The apex bank has said that Libra comes with phenomenal risks that need to be properly understood, reports local news source, Telecompaper on July 22, 2019. дальше »
2019-7-23 05:00 | |
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Iran: Cryptocurrency Industry now “Official” in the eyes of the Government
Irans Head of Economic Commission has announced to Mehr News Agency that the government now officially acknowledges the cryptocurrency industry. Seemingly, with a primary motivation to alleviate the weight of sanctions imposed by the U. дальше »
2019-7-23 02:18 | |
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Research Claims Block Reward Halvings are Overhyped
Strix Leviathan, a company building institutional-grade trading algorithms, has conducted research that leads them to believe there is no correlation between cryptocurrency returns distributions, and block reward halving events. дальше »
2019-7-23 01:00 | |
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Tron dApps Volume Reaches a new Record, Surpassing Ethereum and EOS
According to analytics published by Dappreview on July 21, Tron dApps volume hit a new record high at $67,944,673. 82, surpassing both Ethereum and EOS which respectively hold a daily volume of $5,583,074. дальше »
2019-7-23 23:00 | |
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Decentralized Security Could be Vital for Smart Cities
At a time when authorities in a good number of cities across the globe are working towards using new technologies such as artificial intelligence (AI), distributed ledger technology (DLT) and the internet of things (IoT) to digitize their entire processes in a bid to become smart cities, the Sentinel Protocol team has buttressed the needRead MoreRead More. дальше »
2019-7-23 21:00 | |
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India: Government Committee Recommends Cryptocurrency Ban
Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »
2019-7-23 20:33 | |
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Around The Block With Jeff And David – July 22, 2019
In this show, we discuss: Bitcoin breaking 10500 (again). Treasury Secretary Mnuchin dismissing bitcoin, and saying that it is only used by illicit users. Binance is rewarding XLM Hodlers – how can you get yours? India unbans cryptocurrencies, what does this mean for the price? China says Bitcoin is a virtual property and more! JoinRead MoreRead More. дальше »
2019-7-23 19:52 | |
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Iran to set Electricity Tariffs for Bitcoin Mining
Iran’s Economic Commission has agreed to set electricity tariffs for bitcoin mining activities based on the prices used for electricity exports. The new tariff scheme is expected to come into effect as soon as it gets approved by the Iranian Cabinet, according to a Financial Tribune report, July 21, 2019. дальше »
2019-7-23 19:00 | |
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Binance Market Report Suggests Wall Street is in Cryptocurrency for the long Run
On June 21st, Binance published the results of its first-ever survey conducted by R&D arm Binance Research. Over a hundred institutional and VIP clients were sent the study, but the data displayed on the official report only has a sample size of 41 as those that didn’t answer more than 30% were excluded. дальше »
2019-7-23 17:00 | |
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India: Cryptokart Exchange Shuts Down Citing Regulatory Uncertainties
Cryptokart, an India-based cryptocurrency exchange is now among several other bitcoin trading venues in the South Asian country that have closed their doors due to regulatory uncertainties and lack of interest on the part of consumers, reports New Indian Express on July 20, 2019. дальше »
2019-7-22 09:00 | |
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FINRA Requests Financial Firms Report to them Prior to Dealing with Digital Assets
The Financial Industry Regulatory Authority (FINRA) previously asked its member firms to inform them before they engaged in activities relating to digital assets. In a new notice, FINRA has confirmed the continuation of this rule along with a few more added clauses in an attempt to set a precedent for the way these assets areRead MoreRead More. дальше »
2019-7-22 01:00 | |
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Malta Releases Fresh Consultation Paper for Security Token Offerings
The Malta Financial Services Authority (MFSA) released a new consultation paper published July 19, 2019. first of many crucial steps to adjust the capital market according to their Vision 2021. Why now? The timing of this new consulting paper couldn’t have come at a better time with the recent announcement of EFFORCE, a new blockchainRead MoreRead More. дальше »
2019-7-21 20:00 | |
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ABBC Coin Founder Jason Daniel Paul Philip Forms Ties with Blockchain Startup – PodMiners
Blockchain is indulging in every industry that it touches. From digital currencies to banking and finance, we get to hear about a new blockchain application almost every day. This time around, the brains behind PodMiners are developing a blockchain-based podcasting platform that has caught the attention of the founder of ABBC Coin, Jason Daniel PaulRead MoreRead More. дальше »
2019-7-21 12:54 | |
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Bank of America Patent Displays use of Ripple Ledger
A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More. дальше »
2019-7-21 11:51 | |
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Bitso Crypto Exchange Secures License from Gibraltar Regulator
Mexico-based bitcoin trading venue and cryptocurrency exchange Bitso has obtained a regulatory license from the Gibraltar Financial Services Commission (GFSC), according to a blog post on July 19, 2019. дальше »
2019-7-21 09:00 | |
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Steve Mnuchin Claims G7 Finance Ministers and Central Bankers Concerned About Libra
The Treasury Secretary of the United States of America, Steve Mnuchin, told CNBC in an exclusive interview that G7 financial heads were not comfortable with Libra and expressed their doubts over the ability of the payment consortium to adhere to anti-money laundering (AML) and money transmission regulations. дальше »
2019-7-21 23:00 | |
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CFTC Investigation Incites a Run on Bitmex, Regulatory Risk Paramount in United States
After initial reports that the CFTC had begun to investigate BitMex under customer protection rules, the latest data from TokenAnalyst suggests that this has been sufficient to scare users into removing their bitcoin (BTC) from the platform, July 20, 2019. дальше »
2019-7-20 15:01 | |
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Bank of Thailand: Libra’s Benefits and Risks must be carefully Studied
Bank of Thailand (BOT) Governor, Veerathai Santiprabhob, has given his take on Facebook’s Project Libra, making it clear that the merits and risks of the digital asset still need to be studied extensively, reports local news source, Bangkok Post on July 19, 2019. дальше »
2019-7-20 11:00 | |
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“No Cryptocurrency Ban,” Says Indian’s Minister of State for Finance
In the past months, there have been rumours about an imminent bitcoin ban in India. However, a government official recently stated that there were no plans to ban bitcoin or any cryptocurrency in the country as revealed in a July 16, 2019, Q&A with the nations Minister of Finance & Corporate Affairs, Anurag Thakur. дальше »
2019-7-20 01:00 | |
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South Korean Heavyweights KT and NDS are Developing a Blockchain-Based Food Safety System
According to a post published on July 18, 2019, KT (formerly Korea Telecom), South Korea’s largest telephone company, and Nongshim Data System (NDS) an IT affiliate of the food and beverage company, signed an agreement to develop a blockchain-based food safety record system, once again expanding their blockchain services. дальше »
2019-7-20 23:00 | |
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Apple’s Steve Wozniak Launches Blockchain Firm in Malta
Steve Wozniak, the co-founder of Apple has launched EFFORCE, a Malta-based startup that’s looking to use distributed ledger technology (DLT) to improve energy use and lower consumption, reports Independent on July 18, 2019. дальше »
2019-7-20 21:00 | |
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Researchers Have Found Bitcoin’s Most Volatile Daily Period
Cryptocurrencies, unlike stocks and currencies, are quite difficult to trade and keep a track of simply because the market is always open. According to a detailed analysis by LongHash, using data from July 2017 to July 2019, Bitcoin shows the most volatility between 12 A. дальше »
2019-7-19 19:00 | |
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China Acknowledges Value of Bitcoin in Landmark Ruling
The first case regarding Bitcoin as a commodity in China led to the Hangzhou Internet Court pronouncing it as virtual property. The court said Bitcoin has value, scarcity, and can be disposed, giving it the necessary attributes of a digital currency with inherent utility. дальше »
2019-7-19 17:00 | |
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BitMex Allegedly Being Probed by American Regulators Weeks After Showdown with Roubini
After the tangle in Taipei between Arthur Hayes and Nouriel Roubini, Bloomberg journalist Tim Culpan claims that securities regulators in the United States – most likely the CFTC – are looking into the matter. дальше »
2019-7-19 15:56 | |
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Decentralized Crypto-Betting Platform Betmatch Raises the Bar
People have been making bets since the earliest of times. In Ancient Greece, spectators used to bet on the Olympics’ participants, while in Ancient Rome – Romans used to bet on gladiators and chariot racers. дальше »
2019-7-19 15:00 | |
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Binance to Launch Stellar (XLM) Staking and Airdrop 9,500,000 XLM
Binance, the world’s leading bitcoin trading venue is set to add support for Stellar (XML) staking starting from July 20, 2019. Holders of Stellar (XLM), the 10th largest cryptoasset in the world, in their Binance wallet will partake in the 9,500,000 XLM airdrop, according to a press release on July 18, 2019. дальше »
2019-7-19 13:00 | |
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Japan Seeks to Develop SWIFT Payment Equivalent for Cryptocurrencies
Japan’s government is working on the creation of a new international network for payments based on cryptocurrencies in order to fight money laundering inside the region, according to an article posted July 18, 2019 by Reuters. дальше »
2019-7-19 11:05 | |
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Zimbabwe: People Are Still Buying Bitcoin to Shelter from Reckless Monetary Policy
According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government. дальше »
2019-7-19 09:00 | |
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Notorious Israeli Crypto Criminal Dragged to Court
Eliyahu Gigi, a notorious Israeli hacker who allegedly stole NIS 6. 1 million ($1. 7 million) in bitcoin (BTC) ether (ETH) and other altcoins from foreign citizens through illegal means, has been indicted by Israeli authorities, reports local news source Globes on July 18, 2019. дальше »
2019-7-19 01:00 | |
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Ontology (ONT) and NEO (NEO) Launch Open Cross-Chain Platform
NEO (NEO), an open-source, community-driven platform for decentralized applications (dApps) has joined forces with Ontology (ONT) to build an open cross-chain platform to serve as a foundation for the next-gen internet, according to a press release on July 18, 2019. дальше »
2019-7-19 23:00 | |
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Nouriel Roubini Opens Fire on Cryptocurrency Exchange BitMex and Arthur Hayes
After a scathing attack on Arthur Hayes at the Asia Blockchain Summit, Roubini has once again hit out at BitMex in a blog post that covers his opinion on the cryptocurrency market, as reported by Bloomberg. дальше »
2019-7-19 21:00 | |
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Coinbase Releases New Set of Analytics Exclusively for Customers
In an attempt to provide more insights to investors, Coinbase has launched three new analytical tools for its customers, as per a blog post. The new data is a culmination of on-chain metrics and investor trends on their exchange. дальше »
2019-7-19 20:00 | |
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Reddit Co-Founder Ohanian Leads Seed Round for Blockchain Gaming Startup Horizon
According to a post published July 17, 2019 on BusinessWire, the video game studio and blockchain infrastructure company Horizon Blockchain Games (Horizon) raised $3. 75 million in a seed round, led by Reddit co-founder Alexis Ohanian’s venture fund, Initialized, with participation from Golden Ventures, Polychain, Coinbase, Digital Currency Group, and Inovia Capital. дальше »
2019-7-18 19:00 | |
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Jamie Dimon Isn’t Worried About Competition From Libra
The CEO of America’s biggest bank, J. P. Morgan Chase, doesn’t believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. дальше »
2019-7-18 17:00 | |
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German Minister Calls for Close Monitoring of the Cryptocurrency Sector
A German minister has recently called on regulators to pay attention to the cryptocurrency industry, including Facebook’s Libra. According to a report by Reuters on July 16, 2019, the minister said that regulators should ensure that the nascent industry doesn’t threaten the stability of the financial sector Governments Increasingly Wary of Cryptos Since the adventRead MoreRead More. дальше »
2019-7-18 15:00 | |
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Pundi X Launches Africa’s First Blockchain Smartphone
While at the GSMA Mobile 360 Africa event on July 16, 2019, Pundi X, a distributed ledger technology (DLT) startup launched XPhone, a blockchain-based smartphone in Kigali, Rwanda. XPhone is the first blockchain-powered smartphone to be unveiled in Africa, reports Newtimes on July 17, 2019. дальше »
2019-7-18 13:00 | |
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Kidnapped Cryptocurrency Analyst Pavel Lerner Grants Interview for the First Time Since Abduction
On December 26th 2017, unknown men wearing balaclavas forced the lead analyst for cryptocurrency exchange EXMO into a car and let him go only three days later having received a big ransom. The news made it to the headlines of cryptomedia around the world. дальше »
2019-7-18 11:04 | |
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Bitcoin and Ether Market Update: July 18, 2019
The total crypto market cap lost another $25 billion of its value since Monday, July 15, and dropped down to $264. 5 billion. The top ten coins are mostly in green for the last 24 hours with most of them registering double-digit gains. дальше »
2019-7-18 11:00 | |
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ABBC Proudly Unveils Buyaladdin in Rockefeller Center, New York
ABBC foundation is proud to announce the Buyaladdin shopping platform. Buyaladdin is truly the next generation e-commerce app that will revolutionize mediums of exchange and prove to be a stepping stone in making cryptocurrency mainstream. дальше »
2019-7-18 10:58 | |
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Earnst & Young Survey: Majority of Asia-Pacific Companies don’t Understand Blockchain
According to a survey conducted by Ernst & Young, nearly 70 percent of companies located in the Asia- Pacific region remain slow to adopt blockchain technology as its benefits are still misunderstood. дальше »
2019-7-18 10:39 | |
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Ernst & Young Survey: Majority of Asia-Pacific Companies don’t Understand Blockchain
According to a survey conducted by Ernst & Young, nearly 70 percent of companies located in the Asia- Pacific region remain slow to adopt blockchain technology as its benefits are still misunderstood. дальше »
2019-7-18 10:39 | |
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French Regulators Set to Approve Bitcoin-Linked Firms
France’s financial watchdog, the Financial Markets Authority (AMF) has announced plans to implement a new set of rules that will govern bitcoin and crypto-based businesses in the region. The regulation is expected to go live later this month, and it takes care of essential pain points like consumer protection, tax remittance and capital requirements, reportsRead MoreRead More. дальше »
2019-7-18 09:00 | |
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World Economic Forum Report Evaluates the Value of Blockchain
The World Economic Forum’s (WEF’s) latest report, published July 16, 2019, aims to provide businesses, governments, and other organizations with a blockchain value framework to help them build out a business case for blockchain investment, and evaluate whether it is worth it or not. дальше »
2019-7-18 01:00 | |
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Peter Todd Accused of Sexual Abuse, ZCash Founder Testifies
Peter Todd filed a defamation suit against Sarah Michelle Reichwein a. k. a Isis Lovecruft, after the former accused him of sexually harassing her. In support of her argument, Zooko Wilcox, founder of ZCash and the Electric Coin Company, testified as an acquaintance to both as well as the second complainant who claims Peter Todd raped her onRead MoreRead More. дальше »
2019-7-18 23:00 | |
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Report: Regulated Digital Money will Boost Global Payments Systems
Supranational economic institutions have been studying the effects of cryptocurrency and blockchain. In a report released by the IMF, July 15, 2019, they highlight the potential for cryptocurrencies and traditional digital money to spark a new age of payments. дальше »
2019-7-17 19:00 | |
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Venezuelans File $30 Million Lawsuit against Crypto Ponzi Scheme
A group of Venezuelan citizens has dragged the owners of Eagle Financial Diamond Group Inc. and Argyle Coin have been dragged to court for defrauding them through their diamond-backed crypto Ponzi scheme. дальше »
2019-7-17 17:00 | |
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