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Major Lobbyists in DC See a Shift in Regulatory Tone Towards Crypto Since Pandemic
16.7.2020
Despite continuing education gaps, the heads of several crypto-focused trade associations confirmed that lawmakers are paying more attention than ever to the industry
South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
16.7.2020
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group
Tweeter Beware! Bitcoin Scam Snares Kanye West, Elon Musk, CZ and More
16.7.2020
Crypto Twitter exploded this week, but not for the usual reasons — a Bitcoin scam briefly took over the entireContinue Reading
The post Tweeter Beware! Bitcoin Scam Snares Kanye West, Elon Musk, CZ and More appeared first on CoinMarketCap Blog
Tweeter Beware! Bitcoin Scam Snares Kanye West, Elon Musk, CZ and More
16.7.2020
Crypto Twitter exploded this week, but not for the usual reasons — a Bitcoin scam briefly took over the entireContinue Reading
The post Tweeter Beware! Bitcoin Scam Snares Kanye West, Elon Musk, CZ and More appeared first on CoinMarketCap Blog
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
Another Major Conglomerate, Hanhwa, Takes its Place at the Crypto Table
16.7.2020
South Korean business giant Hanhwa Group has made its first direct investment in a crypto-related firm – stumping up over USD 3.3 million in Series A investment in Xangle, an information-sharing platform for crypto companies.
Per Fn News, the injection of funds has come from the group’s Hanwha...
Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter
16.7.2020
Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion....
$1.4B in ‘High-Risk’ Crypto Flowed Onto Exchanges in H1 2020, Analysis Firm Says
16.7.2020
China-based blockchain analysis firm PeckShield tracked 100 million crypto addresses for its research
Singapore’s National Payments System Can Guide Global Crypto Adoption
16.7.2020
Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner
Man Charged with Defrauding $4.5M in Crypto to Fund Gambling Habit
16.7.2020
The New York man asked investors for loans for what he called a low-risk investment, but the DOJ said most of the money was sent to offshore gambling sites
Crypto Twitter Responds to the Twitter Hack
16.7.2020
Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye
Massive Twitter Attack: Apple, Joe Biden, Elon Musk, Bill Gates, Jeff Bezos, Uber Tweeting Bitcoin Giveaway Scam
16.7.2020
A massive attack hit crypto Twitter on Wednesday as many prominent accounts began tweeting about a bitcoin giveaway. Soon it was apparent that the breach was much more serious when major corporations and famous people tweeted that they will double your bitcoin, including Apple, Google, Joe Biden...
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
16.7.2020
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto...
Swiss Crypto Bank SEBA to Offer Token Securitization on Corda Network
15.7.2020
The bank has partnered with Corda-based DASL to build the new service available on Corda’s public network
Hackers Take Over Prominent Crypto Twitter Accounts in Simultaneous Attack
15.7.2020
Hackers pumping a crypto giveaway scam appear to have compromised the Twitter accounts of leading exchanges, individuals and at least one news org
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....
Gemini Crypto Exchange Integrates With Privacy-Focused Brave Browser
15.7.2020
Brave users can now use the Gemini cryptocurrency exchange to buy, sell and store crypto within their browsers
Crypto Revolut In the US, Loans and Coffee on Blockchain + More News
15.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
UK-headquartered major fintech Revolut has launched its crypto trading service in the United States via a partnership with...
Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency
15.7.2020
The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto...