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USD 50B in Crypto from Asia Hints at Chinese Capital Flight – Report
21.8.2020
With more than USD 50 billion in crypto leaving wallet addresses tied to East Asia and headed to other regions around the world over the past 12 months, signs point to crypto increasingly being used to evade strict Chinese capital controls, a new report from on-chain analysis firm Chainalysis...
XRP Crypto Scammers Seize 2.5m-sub YouTube Account, Start Live-streaming
21.8.2020
Source: Adobe/filins (edited by Cryptonews)
2020 is becoming the year of the social media crypto scam hackers after raiders took control of the YouTube accounts belonging to a 2.43 million-subscriber Brazilian channel – filling it up with videos promoting an XRP scam.
In a video from...
Crypto Travel Agency Travala to Use Binance Chain for Decentralized Services
21.8.2020
The firm plans to become a fully decentralized online travel agency
Roobet: Fastest Growing Online Crypto Casino (Join Now & Start Playing)
21.8.2020
About Roobet Roobet casino was started in the year 2018, the casino is owned by TekHou5 Limited. The Roobet casino received its eGaming licence under the government of Curacao.         Robot casino is operated under the Master License of gaming services...
EU Set to Unveil Draft Crypto Law ‘By Q3 of FY2020’
21.8.2020
The EU could be set to streamline its members’ crypto regulatory framework – after a crucial European Commission ruling.
Per IFC Review, which quotes European Commission’s press office, the Commission wants to have a set of proposals in place as early as the third quarter of 2020, but admitted that...
Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed
21.8.2020
The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually
MATIC Token Now Listed on Australia’s Biggest Crypto Exchange Swyftx
21.8.2020
Scalability focused blockchain platform Matic Network announced on Thursday that its native token MATIC is now listed on the biggest crypto exchange in Australia, Swyftx. It further added that the users of Swyftx will now be able to purchase MATIC tokens using the fiat currency Australian Dollar....
Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots
21.8.2020
Bitcoin has traded its radical potential for the prospect of mainstream adoption. It's not worth it, writes Rachel-Rose O'Leary
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH
21.8.2020
Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. At the time of writing, the highest bid stood at 13.26 ethereum, or about $5,400, with a day to go before the sale ends....
INX Crypto Exchange to Launch $117M IPO Next Week
21.8.2020
INX Ltd. said it will launch its long-awaited landmark IPO as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange
Onecoin Allegedly Tied to Racehorse Firm, Phoenix Thoroughbreds Removed from France Galop Race
21.8.2020
Last week the firm Phoenix Thoroughbreds was reportedly banned from horse racing in France over the founder’s alleged involvement with the crypto Ponzi scheme Onecoin. Last November, Onecoin cofounder Konstantin Ignatov, the Cryptoqueen’s brother, told New York prosecutors Phoenix...
'Largest Collaboration of Crypto Artists in History' is Set for Launch
21.8.2020
A major art collaboration between a number of crypto digital artists and a plot in Ethereum (ETH)-powered virtual reality world Cryptovoxels, called Pranksyland, is set to go live on August 25.
Game designer Pranksy bought a plot in the Cryptovoxel virtual world, and will now make it a gallery...
VC-Backed Crypto Exchange Mexo Launches in Latin America
21.8.2020
Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday
Slim Chance of New Russian Crypto Law Emerging in Autumn, Say Experts
20.8.2020
Insiders say there is a chance that Russia’s new crypto law could be drafted by autumn – a move that would see a set of regulations in place for the start of next year. But one claimed that that chance of such a quick turnaround from policymakers is “low” – despite no shortage of industry...
No, Crypto Payments Won’t Ruin Russia’s Financial System, Key Players Say
20.8.2020
Is Russia harming its economy by banning crypto payments?
Colombian Tech Ministry Wants to Boost Crypto Progress + More News
20.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The Colombian Ministry of Technology has spoken out in favor of blockchain and crypto innovation for the public sector. In anofficial...
12 Crypto Firms Authorized to Operate License-Free in Hawaii for Two Years
20.8.2020
The U.S. state of Hawaii has authorized 12 cryptocurrency companies to start operating in the state without needing a money transmission license. No action will be taken against them for conducting unlicensed money transmission activities for two years. Hawaii Green-Lights 12 Crypto Firms Several...
The Rise of Trading Products: Granting Sophisticated Access to Crypto
20.8.2020
With crypto trading products appearing ahead of the legacy financial curve, it’s only a matter of time before they enter the mainstream
US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign
20.8.2020
Minnesota Representative Tom Emmer will accept crypto donations for his campaign, facilitated through BitPay