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Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News
2.10.2019
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.
Trading/Investing news
Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...
Former Employees of JPMorgan, Intel, and TrustToken to Launch New USD Backed Stablecoin
2.10.2019
Former employees of the world’s leading bank JPMorgan, tech giant Intel and crypto-blockchain company TrustToken have joined hands to launch a new USD-backed cryptocurrency called USD Digital (USDD). This stablecoin will be launched by the Global Currency Organization (GCO), a project started...
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Acquisition Marks Broadridge Financial’s First Foray Into Crypto Services
2.10.2019
Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space
Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
2.10.2019
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors
5 Educational Resources That Will Level up Your Cryptocurrency Knowledge
2.10.2019
Crypto is a constant learning curve. Keeping pace with developments in bitcoin, blockchain, and the ever-evolving cryptocurrency ecosystem feels like a full-time job, and that’s just for experienced heads. For novices, it’s tough enough working out where to even start. While crypto...
Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta
2.10.2019
Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020
Japanese Regulator Set to Sideline Crypto Trusts
2.10.2019
Japan could shun cryptocurrency investment trust offerings – while some of the country’s top financial companies have established a securities token association.
The regulatory Financial Services Agency – the body that polices the country’s exchanges and cryptocurrency businesses –...
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Customs Agents Seize Crypto Mining Units Smuggled out of Mongolia
2.10.2019
Russian customs seizes cryptocurrency mining devices at Mongolian border
Swiss Regulator Fears Crypto’s Dark Corners, Libra Not So Much
2.10.2019
Switzerland’s regulator is more wary of crypto projects that develop outside of official scrutiny than he is of Libra
Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto
2.10.2019
27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (BTC, BCH, ETH, LTC...
KIK Closes Messenger and Lays off Staff to Continue SEC Lawsuit Fight
1.10.2019
Kik app with over 2 million users to close unexpectedly in order to fund ongoing lawsuit for illegal ICO run in 2017
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
1.10.2019
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...
U.S. District Court Backs SEC Fraud Complaint against Crypto Firm, Longfin
1.10.2019
Longfin Corp., the now-defunct cryptocurrency firm, has been ordered by the United States District Court for the Southern District of New York to pay $6.8 million to SEC (US Securities and Exchange Commission) for settling charges related to accounting fraud and unregistered ICO. The official...
Crypto Token HBAR Is Tanking and Hedera Hashgraph Is Looking for a Fix
1.10.2019
The price of Hedera Hashgraph’s HBAR token has crashed in recent weeks. Now the blockchain-like network is looking to make sure its model "is properly aligned."
Coinbase Forms Crypto Rating Council (CRC) to Help Traders Comply with US securities Law
1.10.2019
Cryptocurrency exchange Coinbase has announced a member organization called Crypto Rating Council, which aims to assist the crypto traders to comply with the US federal securities law. The council was formed along with Bittrex, Kraken, Circle, DRW, Anchorage, Cumberland, Grayscale investments,...
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
1.10.2019
The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is
Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019
1.10.2019
European digital asset investment firm KR1 posts $5.6 million profit for the H1 2019 mainly due to the launch of Cosmos network