Search
Bank Account Data May Indicate a Rise in South Korean Crypto Activity
19.2.2021
A new report has linked a spike in the creation of new bank accounts in South Korea to a rise in crypto trading – an indication that a large influx of new traders in the East Asian nation has taken up crypto in 2021.
In 2018, Seoul created a set of guidelines that requires crypto exchanges to keep...
US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’
19.2.2021
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed...
Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet
18.2.2021
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges...
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
18.2.2021
Banks had feared being drained of liquidity under the original concept for the digital currency
Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts
18.2.2021
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe
Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas
17.2.2021
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted
Chinese bank tests biometric hardware wallet for digital yuan payments
17.2.2021
Another Chinese banking institution has created a hardware wallet for the country’s central bank digital currency
The Bahamas gets a card for its sand dollar national digital currency
17.2.2021
The Central Bank of The Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency
Central Bank Digital Currencies May Drive Cash ‘Shadow Economy’ to Crypto: Reuters
17.2.2021
"Shadow economy" participants, those who use deal mostly in hard cash for anonymity's sake, are unlikely to be drawn to using a CBDC, according to a Reuters column
World’s Oldest Central Bank Extends Digital Currency Test Till 2022
17.2.2021
Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year
Bitcoin selling at 36% premium in Nigeria
17.2.2021
In the wake of the recent ban on Nigerian banks' servicing of crypto exchanges, Bitcoin's price in the country has seemingly spun out of control
Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric
17.2.2021
The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot...
Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum
17.2.2021
SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months
Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money
16.2.2021
The digital assets post-trade collaboration also involves Citi, State Street, UBS and others
‘Long Tech’ Retakes Most Crowded Trade Crown from Bitcoin: Bank of America Survey
16.2.2021
Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record
Russian mobile carriers consider smartphone integration for digital ruble
16.2.2021
Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user's phone numbers
Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions
16.2.2021
A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system, took effect on February 5, 2020....
The Mainstream Media Narrative Shifts as Deutsche Bank and Morgan Stanley Come to Bitcoin
15.2.2021
As another wave of major financial institutions announce bitcoin plans, it’s getting harder for the MSM to simply print the same old FUD
Germany’s Biggest Bank Talked the Talk, Now it Walks the Crypto Walk
15.2.2021
Deutsche Bank has gone low-key with its crypto intentions, but after months of crypto-positalk, the bank – Germany’s biggest with assets of almost USD 1.8 trillion – has taken the plunge into crypto custody.
It's not a surprising move as the bank’s analysts have been making bullish remarks...