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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Klever Raises $1.5 Million in KLV In-App Offering on TronWallet
24.8.2020
Prominent crypto wallet on the TRON network, TronWallet announced on Monday that it has successfully concluded its in-app sale of the KLV token. Klever, the transformed platform of the wallet, managed to raise more than $1.54 million in P2P crowdfunding via the in-app offering. $KLV In-App Offering...
INX Limited Announces Effectiveness of Security Token IPO
23.8.2020
23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million...
Offering Options for mailto: and tel: Links
21.8.2020
I generally like mailto: links. But I feel like I can smell a mailto: link without even inspecting or clicking it, like some kind of incredibly useless superpower. I know that if I’ve got my default mail client set, clicking that link will do what I want it to do, and if I want, I...
TronWallet Enables In-App Offering for KLV Ahead of Klever App Launch
20.8.2020
TRON Network’s prominent crypto wallet TronWallet has announced the launch of its in-app offering of the KLV token, days before the official launch of the Klever app. KLV has been included in the TronWallet Swap Tool and this will allow users to buy KLV using BTC, TRX, ETH, and USDT via the flash...
KuCoin Warns of Impersonator Website Offering Incentives to Deposit Crypto
19.8.2020
Impersonation scams continue to permeate the cryptocurrency space
US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case
16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...
Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...
Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
6.8.2020
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away
Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins
5.8.2020
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...
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...
Beyond.Insure Is Launching A Security Token Offering (STO)
1.8.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Beyond Insure is a new insurtech company based in the Netherlands that aims to develop technology-based insurance solutions for European small and medium-sized enterprises (SME).
Beyond Insure is launching...
3iq Files IPO for Ether Fund to Trade on Canadian Stock Exchange
27.7.2020
3iq has filed for an initial public offering (IPO) of its Ether Fund in Canada. The Canadian fund manager’s Bitcoin Fund is already trading on the Toronto Stock Exchange. The Ether Fund has been preliminarily green-lighted by a Canadian regulator. Ether Fund’s IPO Canadian investment...
Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency
27.7.2020
The live-streaming service Twitch is now offering a 10% subscription discount for people who register with cryptocurrency. The new offer from Twitch leverages the Bitpay payment processor, as this is the first crypto-based discount promotion from a company of this magnitude. This week,...
US Banks Offering Crypto Custody is 'Insanely' Bullish and Risky
23.7.2020
Source: Adobe/Prostock-studio
While many in the Cryptoverse celebrate a decision by the US Office of the Comptroller of the Currency to allow all federally chartered banks in the US to provide cryptoasset custody services to their customers, it also brings an "existential" risk to Bitcoin...
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages
15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
14.7.2020
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
13.7.2020
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors
Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale
10.7.2020
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can...