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Directors of Crypto Exchange Upbit Cleared of Fraud Wrap + More News
31.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Two directors of the South Korean market-leading Upbit crypto exchange have been cleared of criminal fraud...
Ethereum’s Value Transfer Is Now Dominated by Stablecoins
31.1.2020
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is...
Google Executive From India Joins Coinbase as Chief Product Officer
31.1.2020
A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive...
Crypto Tax Software Developers Get Serious About System Standards
31.1.2020
A growing number of crypto tax software developers are trying to bolster their products’ technical credibility with the CPA’s stamp of attestation
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
31.1.2020
Cryptocurrency lending firm Genesis closed the fourth quarter of 2019 with a historic high in loan originations
Cybercriminals Hide Crypto Mining Script Behind Kobe Bryant Wallpaper
31.1.2020
Cybercriminals have been capitalizing on fans’ grief by hiding malicious coin mining scripts in Kobe Bryant desktop wallpaper
KuCoin Crypto Exchange Announces Support For BSV Hard Fork Upgrade
31.1.2020
Serving the global investors with its unprecedented suite of crypto asset offerings, KuCoin has announced the news that it shall be lending support to the highly anticipated crypto event, the Bitcoin SV or the BSV Hard Fork upgrade. #KuCoin Will Support The BSV Hard Fork Upgrade To ensure...
Lack of Regulations Driving Crypto Firms to the Verge of Ruin - Report
31.1.2020
Source: iStock/StockSeller_ukr
A new report claims that more South Korean cryptocurrency and blockchain technology companies could fold soon following a closure announcement earlier this week from much-vaunted wallet service BitBerry.
As previously reported, BitBerry operator and Dunamu subsidiary...
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
31.1.2020
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number...
USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case
31.1.2020
Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say
Crypto Upstages Other Mobile Payments in US Congressional Hearing
30.1.2020
U.S. Congress can’t stop talking about crypto at a hearing on alternatives to cash, with many representatives clearly studying up on the space
Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
30.1.2020
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also...
Few Banks Will Touch Crypto Firms, But Silvergate Wants to Touch Bitcoin Itself
30.1.2020
Silvergate made its name providing fiat banking services for crypto businesses. Now CEO Alan Lane wants the bank to handle digital assets themselves
US Rep. Emmer Unsettled by Stifled Crypto Innovation at Congressional Hearing
30.1.2020
U.S. Representative Emmer fears stifled cryptocurrency innovation in Fintech digital payments hearing before congress
Nomura Launching Benchmark for Japan’s Crypto Assets
30.1.2020
Pegged to Japan's cryptocurrency market, Nomura's benchmark will be available to domestic and overseas institutional investors and crypto exchanges, among others
Bank Frick Expands Range of Crypto Assets to Offer Trading and Custodian Services for Bitcoin Cash
30.1.2020
Bank Frick, a leading European blockchain bank, has expanded its range of cryptocurrencies for which it offers trading and custodian services. Bank Frick now offers trading and secure custody of bitcoin cash (BCH) for professional market participants and wealthy private clients. Trading takes place...
Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say
30.1.2020
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak
Crypto News Roundup for Jan. 30, 2020
30.1.2020
Markets Daily is back with news of the day and clips of Democratic Presidential hopeful Andrew Yang's recent crypto comments
Swiss Resort Town Zermatt Accepts Bitcoin for Government Services
30.1.2020
Zermatt, a municipality in Switzerland at the foot of the Matterhorn known for its ski resort, has started accepting bitcoin for government services. The Zermatt town hall now has a point-of-sale solution, installed by Zug-based Bitcoin Suisse, to accept the cryptocurrency. A spokesperson for...
Compared to Traditional Banks, Crypto Lenders See Booming Growth
30.1.2020
A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning