September 9, 2019 @ 8:54 pm By Cali Haan  |  

Angelina Kwan, a prominent Hong Kong advocate for women in STEM, has left her position as COO at the crypto derivatives platform, BitMEX, The Block reports. “We can confirm that Angelina Kwan is leaving the company and is on gardening leave now. That’s all we… Read More

September 9, 2019 @ 3:37 pm By Cali Haan  |  

Controversial stablecoin issuer Tether has launched its promised “CNHt” coin, which is designed to act as a cryptographic proxy of offshore Chinese yuan (CNH). The coin will run as an ERC-20 token on the Ethereum network. Offshore Chinese yuan (CNH) added to our basket of… Read More

September 7, 2019 @ 8:41 am By Cali Haan  |  

Police in China have shut down a massive cryptomining exploit pervaded by a computer network maintenance company in the Northeastern city of Zhengzhou, CCTV News reports. Officially, the company offered network maintenance services and “value-added advertising,” to Internet cafes and other businesses. Unofficially, the company’s 9000… Read More

September 6, 2019 @ 7:18 pm By Cali Haan  |  

Multibillion-dollar American investment firm Franklin Templeton has filed a prospectus with the SEC detailing a plan to use the Stellar Lumens blockchain for automated settlement of shares in a “US government money fund.” The shares resemble “stablecoins” in that, “The Fund uses the amortized cost… Read More

September 6, 2019 @ 7:05 am By Cali Haan  |  

An investigation by the SEC into a $134 million STO (security token offering) by Overstock (NASDAQ:OSTK) subsidiary tZERO seems “almost dormant,” Overstock interim CEO Jonathan Johnson told Fox Business this week. Johnson, stepped to helm Overstock, after long-time CEO and founder Patrick Byrne resigned August 22nd…. Read More

September 5, 2019 @ 11:03 pm By Cali Haan  |  

Accenture and the Depository Trust & Clearing Corporation (DTCC) are circulating a white paper which, “explores the generalized governance model that DTCC is implementing for its TIW-DDL system, a real-world implementation of DLT…(for the) financial industry.” DLT (distributed ledger technology) is an enterprise-adapted version of “blockchain”… Read More

September 5, 2019 @ 9:05 pm By Cali Haan  |  

More crypto action in Thailand this week as a man alleged to have worked as part of a Thai-Vietnamese gang that defrauded investors “in at least 10 Asian nations” via cryptocurrencies was arrested while recreating on a Bangkok soccer field Wednesday, The Bangkok Post reports…. Read More

September 5, 2019 @ 9:31 am By Cali Haan  |  

Jack Dorsey has reiterated his support for Bitcoin in an interview with The Sydney Morning Herald, and says Twitter has no plans to create a private digital currency for that network. “I think open Internet standards serve every person better than ones controlled or started… Read More

September 5, 2019 @ 7:32 am By Cali Haan  |  

The vice-president of the Financial Integrity Network, a strategic advisory firm to governments, global and regional banks and other institutions, has advised that all entities in the cryptocurrency production and distribution chain be brought under the auspices of the Bank Secrecy Act. According to Search… Read More

September 5, 2019 @ 2:19 am By Cali Haan  |  

Cybersecurity firm Trend Micro has identified a modification to an older version of “malvertising” malware called Glupteba that uses Bitcoin script to keep it from being expunged off the Internet. In addition to functioning as, “a browser stealer that can steal…browsing history, website cookies…account names and passwords… Read More

September 5, 2019 @ 1:14 am By Cali Haan  |  

Outgoing IMF Managing Director Christine Lagarde has called for the careful regulation of cryptocurrencies and the Fintech sector in a campaign speech she made before the Economic and Monetary Affairs Committee of the European Parliament this week. Lagarde has been nominated to lead the European Central Bank… Read More

September 4, 2019 @ 10:12 pm By Cali Haan  |  

Bitcoin has started to lift its head off the mat in recent months, but new money has been flowing much more slowly into ICO and blockchain ventures this year, Crunchbase reports. The start up analysis platform notes, “not a popped balloon (in crypto), but certainly a… Read More

September 4, 2019 @ 10:51 am By Cali Haan  |  

Japanese cryptocurrency trading platform Coincheck has suspended new orders for margin trading and will reduce margins on pending trades from 5X to 4X on October 31st, 2019. The company also warns (according to an automated translation): “The amount of margin required will change constantly, so… Read More

September 4, 2019 @ 3:11 am By Cali Haan  |  

Thailand’s largest cryptocurrency trading platform, Bitcoin Co., has announced it will be shutting down Sept 30th: “Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website…” The company cites a desire, “to focus on other business opportunities,”… Read More

September 4, 2019 @ 1:09 am By Cali Haan  |  

The Netherlands’ central bank has advised the country’s cryptocurrency sector to prepare to come under the regulator’s “integrity supervision” scheme by the 10th of January 2020. De Nederlandsche Bank says it is, “required to start supervising these businesses under the fifth European anti-money laundering directive (AMLD5)… Read More

September 3, 2019 @ 9:17 pm By Cali Haan  |  

Van Eck and SolidX have announced they will commence selling shares in their Bitcoin Trust to qualified institutional buyers outside the US in coming days. The companies have been working to for more than a year to obtain a green light from the SEC to sell… Read More

September 3, 2019 @ 8:00 pm By Cali Haan  |  

Binance, a platform reportedly handling 55% of the world’s crypto trading traffic, has acquired a crypto derivatives platform called JEX, Binance has announced: “JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional… Read More

September 3, 2019 @ 7:39 pm By Cali Haan  |  

The Arizona Attorney General’s Office has added a company called ALTA (www.whatisalta.com) to the state’s Fintech sandbox program. ALTA is, “an Arizona startup that will allow cash-intensive businesses to make and receive digital payments without a bank,” using a digital token known as a “stablecoin,” a cash proxy… Read More

September 3, 2019 @ 10:20 am By Cali Haan  |  

A man named Darren Carter has been charged with Identity Theft 1st Degree in Connecticut for stealing a man’s phone in California and then using it to access that victim’s Coinbase cryptocurrency account to steal $15,472.31 USD. The Westport Police Department alleges that Carter stole… Read More

September 3, 2019 @ 9:33 am By Cali Haan  |  

Private money on the scale of Facebook’s Libra is dangerous and likely contrary to the public good, Yves Mersch, Executive Board Member of the ECB told the ESCB Legal Conference in Frankfurt September 2nd: “In the field of money, history bears testament to two basic truths…. Read More