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Poloniex Restores Unverified Accounts With Unlimited Trading
22.12.2019
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...
Whales Control Most of Litecoin, Many Ethereum Tokens
19.12.2019
A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had...
A Better Alternative to Banking – Club Swan
18.12.2019
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...
German Banks Increasingly Charging Retail Clients Negative Interest Rates
16.12.2019
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...
BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
12.12.2019
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
Coinbase Patents AI Compliance System to Monitor and Flag Accounts
29.11.2019
Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...
US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...
Coinbase Secures Patent for System to Identify Non-Compliant Accounts
28.11.2019
Coinbase has been awarded a patent for a system that finds and flags non-compliant accounts
‘Hack’ Worries as USD 79m of Altcoins Transferred from Upbit Accounts
27.11.2019
South Korean cryptocurrency users say they are in a “state of confusion” after reports of a possible USD 79 million hack on market-leading crypto exchange platform Upbit.
Per Chosun, a series of large altcoin transfers were made out of Upbit accounts at just after 1pm KST (4:00 UTC ) on November...
Several Hundred XRP Accounts Linked to "Dirty" USD 400 Million
20.11.2019
About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup.
"We began researching XRP more than a year ago and have already identified several...
Bitcoin’s ‘Demise’? Google, Bailed-Out Citi Unveil Checking Accounts
19.11.2019
The bell-ringers of Bitcoin’s death are gathering at the news of Google’s planned foray into digital finance
Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms
16.11.2019
Serving as one of the best banking platforms for fiat as well as digital currencies, Cashaa has announced that it will soon support U.S dollar bank accounts designed specifically for cryptocurrency-based businesses. The Bitcoin banking giant has clarified that the facility will be provided to...
Two US Men Arrested For Stealing Social Media Accounts and Crypto via SIM Swapping
14.11.2019
Two Massachusetts men were arrested for allegedly taking over victims’ social media accounts and stealing cryptocurrency by using SIM swapping
Coinbase, Kingdom Trust, Regal Assets Jointly Offer Crypto IRA and 401(K) Accounts
14.11.2019
Coinbase, Kingdom Trust and Regal Assets have jointly begun offering cryptocurrency IRA and 401(K) accounts in the U.S
Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi
6.11.2019
A source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that...
Huobi Global to Freeze US Customer Accounts by Mid-November
5.11.2019
Huobi Global has announced that it will freeze all U.S. customer accounts on Nov. 13, nudging American users toward its other platform, HBUS
Tron Network Total Accounts Pass 4 Million After Samsung Partnership
4.11.2019
How many of Tron’s 4 million accounts are active?
Crypto Exchange Huobi Gearing Up to Completely Freeze Accounts of US Residents by November 13, 2019
3.11.2019
Huobi, the popular Singapore-based crypto trading exchange, has made an announcement through a post on its official website that it shall be freezing the accounts being operated by US residents with a view to restraining the activities of those investors who fail to comply with the User Agreement....