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75 crypto exchanges have closed down so far in 2020
7.10.2020
Crypto exchanges are disappearing at a fast rate this year
South Korean MP Calls on Seoul to ‘Urgently’ Boost Crypto Innovation
7.10.2020
Korean lion dog statue and the National Assembly building, Seoul. A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world.
Lee...
Japan’s LINE Starts Crypto Lending Service
7.10.2020
The makers of Japan's popular messaging app LINE is launching a crypto lending service through its BITMAX exchange
The Search for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators
7.10.2020
During the last decade, cryptocurrency enthusiasts have discussed the true identity of Bitcoin’s creator Satoshi Nakamoto. To this day, the Satoshi Nakamoto mystery continues to prevail, and throughout the years there’s been a great number of suspects and self-proclaimed crypto...
Samsung Adds Anti-money Laundering Features to its Crypto Wallet
7.10.2020
Major smartphone maker Samsung has integrated a cryptoasset anti-money laundering (AML) solution to help boost the security of its Blockchain Wallet, a function of its latest flagship handsets.
Per a blog post from South Korean, Singapore-based software firm Uppsala Security, the company has signed...
EU removes this crypto hotspot from tax haven blacklist, clearing path for further adoption
6.10.2020
Yet, the biggest crypto hub remains on the blacklist
CryptoPunk Bounties: Ark.Gallery Rolls Out Blind Bids on 8-Bit NFT Collectibles
6.10.2020
Ark.Gallery is adding liquidity to the market for CryptoPunks by letting people place blind bids on the NFTs
Crypto-friendly Commissioner Quintenz isn’t leaving the CFTC this month after all
6.10.2020
In April, he said he'd by gone by Halloween, but the plan has changed pending action in the Senate
Crypto exchange refuses to name names for Belarusian government
6.10.2020
Kuna’s founder stated that the exchange does "not support violence" or "engage in dialogue with opponents."
These 3 Trends Are Driving Crypto Market Growth Now
6.10.2020
The latest CoinDesk Quarterly Review looks at some of the main drivers of crypto market evolution including DeF, derivatives and stablecoins
UK FCA derivatives ban signals disapproval of crypto as a whole, CoinShares exec says
6.10.2020
The FCA covered everything it could with the ban, CoinShares' Townsend Lansing says
The UK Bans Crypto Derivatives
6.10.2020
The crypto industry reacts to a big move from the United Kingdom's Financial Conduct Authority, which banned crypto derivatives
Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs
6.10.2020
Mossad and Shin Bet are reportedly investigating an early September hack that hit 20 cryptocurrency executives
The case against BitMEX is a compass pointing toward crypto regulation
6.10.2020
The CFTC and DOJ actions against BitMEX suggest that the crypto industry still has a lot of work ahead to meet KYC/AML standards
Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund
6.10.2020
At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed...
New Crypto Ban, New Index, Litecoin's MimbleWimble Testnet + More News
6.10.2020
Source: Adobe/ I-Wei Huang
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
In the UK, the Financial Conduct Authority (FCA) banned the sale of derivatives and exchange-traded...
Blockchain Bites: FCA’s Crypto Crackdown, McAfee’s Charges, Ethereum’s Store of Value
6.10.2020
John McAfee was charged with promoting ICOs without disclosing his payments while the U.K.'s FCA has banned certain crypto derivatives
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
6.10.2020
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation...
European Police Forces Want Tougher KYC Measures for Crypto Industry
6.10.2020
Europol, the EU’s law enforcement cooperation agency, has called on EU member states to press crypto businesses to enforce tighter know-your-customer (KYC) policies. The organization also wants exchanges to communicate more with regulators to combat what it believes is a rising crime wave powered...
Indian Police Investigate 3 Companies Running a Crypto Ponzi Scheme, CEO Charged
6.10.2020
Three companies allegedly running a large-scale cryptocurrency Ponzi scheme are being investigated by Indian police. The scheme promises extraordinary returns to investors. The police have registered a case against the alleged CEO of the companies. Large-Scale Indian Crypto Ponzi Scheme Indian...