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Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans
4.8.2020
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans
INX Scales Down US IPO Target to $127M – Still Set to Be Crypto’s Largest
4.8.2020
The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date
Over 90% of ETH’s Supply Now in Profit
4.8.2020
More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level...
Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
4.8.2020
Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned...
Number of Active Crypto Traders in Japan Decreased Mid-COVID
4.8.2020
A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
4.8.2020
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July...
How a South Korean Crypto Firm Became a Global Face Mask Exporter
4.8.2020
A “medium-sized” South Korean crypto firm that built a facial mask factory as a response to the coronavirus pandemic has doubled down on its new line of business – and has won Amazon approval to start exporting its personal protective equipment to “Europe and the United States,” as well as approval...
South Korean Politician Pushes for Tougher Crypto Exchange AML Rules
4.8.2020
Source: Adobe/david_franklin
More restrictive anti-money laundering (AML) compliance measures could be incoming for South Korean crypto exchanges after a lawmaker lodged a private member’s bill in the National Assembly.
The National Assembly, South Korea’s parliament, will likely debate and vote...
Deceived Crypto Investors Launched Their Own Scam to Recoup Losses
3.8.2020
Investors in China launched a crypto scam after being deceived themselves — and got busted by the police
Crypto Listing and Delisting Announcements: Week 31
3.8.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2
3.8.2020
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019
Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK
3.8.2020
The strong recovery in Bitcoin and altcoins from their weekend lows suggests that the traders are aggressively buying each dip
Hackers Steal Over $1.3M from European Crypto Trading Platform
3.8.2020
2gether’s servers were attacked by unknown actors who managed to steal over $1.39 million from crypto-investment accounts
State-Run Bank in Switzerland to Launch Crypto Services
3.8.2020
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans
Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar
3.8.2020
The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before
Crypto Traders Talk Bitcoin Price Direction After BTC’s Swift 13% Drop
3.8.2020
The price of Bitcoin dropped 13% in 15 minutes on Sunday, and traders are seeing various scenarios playing out for BTC
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Travala Adds 600,000+ Hotels to Their Crypto Booking Platform
3.8.2020
Travala is expanding its crypto-powered offerings thanks to a new partnership
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
3.8.2020
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto
New USD 110m for Crypto Startups, Crypto.com Swap Fuels MCO + More News
3.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Early-stage venture firm Electric Capital said it raised USD 110m for Seed and Series A fund, focused on cryptonetworks...