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Bitfinex Denies Laundering, Says It’s a Victim of ‘Fraud’ by Crypto Capital
25.10.2019
The crypto exchange released a statement Friday denying that it had any part in the payment processor's alleged money laundering
Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round
25.10.2019
Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...
Blockchain-based Lending Platform Nexo Lowers Interest Rates on Instant Credit Lines
25.10.2019
Nexo, the leading blockchain-backed overdraft platform that gives instant crypto loans to customers, has announced the news about its lowered interest rates on its instant credit services. The crucial information was broadcasted through an official press release on October 22, 2019, by Nexo....
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Man Takes AT&T to Court After He Loses Crypto Worth 1.8M Dollars in Sim Swap Attacks
25.10.2019
A Californian man named Seth Shapiro has filed a lawsuit against AT&T alleging that the company’s employees helped hackers carry out sim swapping of his number that cost him over 1.8 million dollars in digital currency. Holding AT&T liable for his loss, Shapiro said that the firm failed...
Ex-Intel Chief Says Venezuela Secretly Mines Crypto + 11 More News
25.10.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Mining news
The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly...
Stanford Prof: Crypto Will Rain on Banks’ Low-Interest Rate Parade
25.10.2019
A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
Final Russian Nuclear Scientist Sentenced Over Illicit Crypto Mining
25.10.2019
The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence
Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business
25.10.2019
FSA-licensed crypto exchange Huobi Japan has raised $4.6 million from FPG to provide support for new financial assets and payment methods
Polish Police Arrests Crypto Capital President on Account of Money Laundering Allegations
25.10.2019
The notoriously renowned spearhead of payment processor firm, Crypto Capital, has been arrested by the Polish police as revealed by the news articles of the local media channels. Ivan Manuel Molina Lee, who serves as the President of Crypto Capital has been charged for money laundering and drug...
Lebanon Banks' Shutdown Is ‘Most Potent Case’ for Crypto: Nassim Taleb
25.10.2019
Lebanon to keep banks closed until further notice
Dogecoin Price Continues to Battle; Crypto Market Volatility Continues in Full Swing
25.10.2019
Dogecoin price continues to be below the baseline as seen from the intraday movement of the coin Dogecoin price has nothing extraordinary to exhibit in this current crypto market volatility as the price is continually under the bear grip. The price has been below the baseline to a major extent...
Head of Crypto Capital Arrested in Connection with Money Laundering
25.10.2019
Polish authorities arrest Crypto Capital’s president in connection with money laundering
Regulators Join Forces to Tackle Global Crypto Challenges
25.10.2019
Could global regulators finally be deciding to work together – and are they stepping up their game to respond to the rapidly increasing pace of global fintech progress?
Some of America’s most powerful financial regulators – including the Commodity Futures Trading Commission (CFTC) and...
Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
25.10.2019
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials...
Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines
25.10.2019
Crypto lending platform lowers borrowing rates after having secured long-term cost-efficient financing
Polish Police Arrest Head of Payment Processor Tied to Bitfinex Crypto Exchange
25.10.2019
Polish police arrested Ivan Manuel Molina Lee, president of Crypto Capital, for alleged money laundering
How Should Crypto Prepare for Google’s ‘Quantum Supremacy’?
25.10.2019
Google just officially announced "quantum supremacy." When will it turn its quantum sights on crypto?
As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?
25.10.2019
The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which...