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Swiss Licensed Crypto Bank Expanding Into 9 Markets
1.12.2019
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched...
Chainalysis CEO Gronager Discusses the Company’s Operations and Future Plans
1.12.2019
The spearhead of the leading computer software providing firm Chainalysis, Michael Gronager recently appeared for a podcast session on the popular show, Change Wave by Treehouse. The co-founder and CEO of Chainalysis gave an insight about his firm, its operations, and a lot more during...
Google’s Quantum Supremacy and Its Possible Impact on Crypto World
1.12.2019
A report published in the Financial Times recently focused on Google’s achievement of successfully building a quantum computer. This computer is ultra-fast in its processing, and the potential of its speed can be estimated by the fact that it takes only 200 seconds to solve the mathematical...
Founders of Crypto AM and World Mobile Chain, Plans to Unlock Global Digital Economy in Africa
1.12.2019
In an interview on the sidelines of the AIBC summit in Malta, Crypto AM’s founder James Bowater, and World Mobile Chain’s Founder & CEO Micky Watkins shared their intention on how they plan to usher in the communication technology in Africa. They spoke at length about their wish to drive...
Criminal Activity in Crypto: The Fact, the Fiction and the Context
30.11.2019
$400 million in XRP is used in illicit activity, how does this stack up against fiat fraud, and is the reputation of the crypto industry beyond saving?
Kyber Network Breaks the News of Ethereum’s Istanbul Upgrade
30.11.2019
Ethereum’s Istanbul upgrade is slated to be launched by the prestigious platform on December 7, 2019, while the highly anticipated upgrade will kickstart around the 9,069,000th block. The Instanbul Hard Fork is the ultimate last step for Ethereum 1.0. This strategic step will pave the way for...
XRP and Ripple Technology Come Together to Power International Payments
30.11.2019
It is very interesting to know the various payment protocols used in blockchain technology, especially when it comes to international, cross-border remittances. Ripple is one of the most trusted names in the domain of cross-border payments, and to strengthen its position, some of the Ripple’s...
Crypto Community Erupts Over Ethereum Foundation Member’s Arrest
30.11.2019
On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain...
German Banks Authorized to Store and Sell Cryptocurrency in 2020
29.11.2019
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...
Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
29.11.2019
Coinbase cryptocurrency exchange has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million
China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
29.11.2019
At least five Chinese cryptocurrency exchanges have chosen to suspend or end services in line with Beijing’s purportedly toughened stance
Ethereum Express Launching New Projects For Over 48,000 Users
29.11.2019
The Ethereum Express project is set to launch two pilot projects for a user base exceeding 48,000. Proof-of-Authority will be used in the Ethereum Express blockchain as the main algorithm and will serve to drastically increase the efficiency of internal processes for both pilot projects....
A Candid Chat with Crypto Advocate John McAfee
29.11.2019
In a candid interview, John McAfee speaks on crypto secrets of the trade including the vulnerability of the Bitcoin, Tax evasion, and titbits from his vivid life. John McAfee is the one who created a revolution in the 1980s in cybersecurity when computers were dazzling the world with their enormous...
Central Bank of Russia Plans to Support Ban on Cryptocurrency Payments
29.11.2019
Since their inception, cryptocurrencies have borne their share of critical ups and downs in the global economy. Where the digital currency arena is witnessing an inclination from the biggies of the industrial domain, there has been a sense of growing resistance from the regulatory authorities....
Crypto Employees in China Work From Home to Avoid Government Pressure
29.11.2019
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...
China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
29.11.2019
IDAX exchange halts deposits and withdrawals after CEO vanishes
Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
29.11.2019
By 2020, German banks will be able to custody Bitcoin, if new proposed changes to the law are approved
Coinbase Patents AI Compliance System to Monitor and Flag Accounts
29.11.2019
Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...
Coinbase Secures Patent for System to Identify Non-Compliant Accounts
28.11.2019
Coinbase has been awarded a patent for a system that finds and flags non-compliant accounts
US Government Worried Crypto Can Shift Power to Private Sector
28.11.2019
Cryptocurrency is one of the top issues for the U.S. Treasury. Particularly, the Treasury is worried decentralized cryptocurrencies can shift some functions away from the government to the private sector and raise the issue of self-government, according to Deputy Secretary of the Treasury Justin...