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Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Crypto World: A Brief Overview of 2019
12.1.2020
The cryptocurrencies marked a fruitful 2019 for the traders as well as the entrepreneurs who have just stepped into the dynamic world. For some, the trading world couldn’t turn out as expected because the market reflected upsurge for only the first two quarters; for others, the things were another...
Crypto News From Japan: Jan. 6-10 in Review
12.1.2020
Statements on China’s digital currency, a blockchain-based letter of credit and more headlined news in Japan this past week
Independent Report Declares News.Bitcoin.com the Top Crypto News Site
11.1.2020
A new research report from BTC Peers has ranked 145 crypto news websites for quality. It analyzes scores of benchmarks including average visit duration, bounce rate, and number of backlinks. The report features the usual suspects in its top 10, including Coindesk at number three and Cointelegraph...
Japan Crypto Exchanges Face Imminent Margin Trading Limits: Report
11.1.2020
Japan is planning to take a harder line on crypto margin trading, sources tell the media
Tagomi Systems is Ready to Set a Revolutionary New Standard in Crypto Trading
11.1.2020
Tagomi is the leading digital asset brokerage firm offering trading, margin, custody, shorting, lending, financing and staking all from one account. Tagomi consolidates top-class trade execution technology, designed and built by previous HFT technologists, with custody and settlement services...
Crypto 2020: Staking Market Growth and Dangers
11.1.2020
Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users.
At the same time, the number of proof-of-stake...
EU Countries Commence Crypto Regulations as Mandated by New Directive
11.1.2020
The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs...
Dethronement, Maintenance, Breakup and 20 Crypto Jokes
11.1.2020
This week saw BTC rally above USD 8K, while altcoins dropped, and BitPay CCO said that BTC will surpass USD 20K, but with a surprise. While more altcoins are expected to be integrated by mining pools, the ousted co-founder of Bitmain made a legal move to dethrone Jihan Wu. Telegram confirmed that...
Elon Musk Continues to Tickle the Crypto Market, This Time Its Bitcoin
11.1.2020
Tesla and SpaceX chief Elon Musk has been among the top established names of the world who support cryptocurrencies, and he has explicitly shown support for the crypto industry on many occasions. However, we all know that Elon loves to play with his tweets, and crypto is no exception. On Friday...
Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
10.1.2020
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...
What The 5th Anti-Money Laundering Directive Means For Crypto Businesses
10.1.2020
As 5AMLD comes into effect, cryptocurrency service providers are on the hook for new regulations
UK Financial Watchdog FCA Now Supervises AML/CTF Compliance of Crypto Businesses
10.1.2020
FCA is now responsible for the monitoring AML and CTF compliance of crypto-related companies
Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors
10.1.2020
A South Korean crypto YouTuber has been assaulted at his home, with some suggesting the attackers may have been upset investors
Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials
10.1.2020
Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors.
BUX says the move will help address “the investing needs of European millennials.”
The fintech firm plans to rename...
6 High Interest-Paying Options for Crypto Lenders
10.1.2020
As anyone who has ever sought to lend crypto will attest, significant variance exists in the APR offered to lenders. Indeed, the spectrum can swing from 1% to 8% – even when it’s the same asset being loaned across platforms such as Coinbase, Poloniex, Compound and Dharma. As...
Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame
10.1.2020
The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds.
The man stated that AT&T neglected to make “sufficient data security systems...
How Vintage Sardines Became Fishy Talk of Crypto Town
10.1.2020
We talked about a number of interesting exhibitors at the Customer Electronics Show (CES 2020) in Las Vegas, but one participant has been stirring up the waters of the Cryptoworld lately with their unconventional offering - namely, sardines-backed stablecoin.
You've read it well. A Luxembourg-based...
European Crypto Firms Brace for Higher Costs as AMLD5 Takes Effect
10.1.2020
A strict new regulatory regime is dawning upon European firms handling cryptocurrency. Here’s what AMLD5 will mean for the industry
Philippine ‘Crypto Valley of Asia’ to Get Own Airport
10.1.2020
The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address the needs of...