Celsius Network Named Preferred Interest-Bearing Wallet for Litecoin Foundation

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it was named preferred interest-bearing wallet for the Litecoin Foundation. Along with the collaboration, the Litecoin Foundation board selected Celsius to manage a portion of their treasury, a first for the organization. Speaking about… Read More

Cryptocurrency-Aided Cybercrimine Syndicate Drained Retirement Accounts in Australia

Australian police have “dismantled” a cybercrime syndicate that used cryptocurrencies to purchase “fraudulently-obtained identities” on Dark Net markets and then use these identities to open bank accounts and drain victims’ retirement savings. According to a release from the Australian Securities & Investments Commission (ASIC), “Investigations have… Read More

Cambridge Centre for Alternative Finance Publishes 2nd Global Blockchain Report: Enterprise Utilization and Network Development

The Cambridge Centre for Alternative Finance (CCAF) has published its 2nd Global Enterprise Blockchain Benchmarking Study. CCAF is the leading Fintech research in the world. The Centre has published multiple reports on the global alternative finance market which are frequently referenced by policymakers and industry… Read More

Crypto.com Milestone: Cryptocurrency Platform Hits 1 Million Mobile Wallet App Downloads

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday its mobile wallet app has surpassed one million downloads since its worldwide launch in May 2018. According to Crypto.com, the mobile wallet app allows users to do the following: Buy crypto at true cost and store it securely… Read More

Seed CX Teams Up With Itiviti To Offer NYFIX Connectivity For Cryptocurrency Customers

Itiviti, a technology and service provider to financial institutions worldwide, announced on Thursday it has formed a partnership with Seed CX, an institutional exchange and settlement platform for digital assets to allow traditional institutional firms currently utilizing Itiviti’s NYFIX network to have access Seed CX’s… Read More

GMEX Builds Digital Capital Markets Technology Suite With IBM Blockchain Platform to Support Digital Assets

GMEX Technologies Ltd., a wholly-owned subsidiary of GMEX Group providing multi-asset post-trade business and technology solutions, announced on Thursday the latest release of its GMEX Fusion Digital Capital Markets technology suite (GMEX Fusion), which was built on IBM (NYSE: IBM) Blockchain Platform. According to GMEX,… Read More

Philippines Suspends Three Crypto Exchanges Operating Outside of Designated Zone

Officials from the Cagayan Economic Zone Authority (CEZA) have suspended three cryptocurrency exchanges licensed to operate in designated zones only but found to be operating in Metro Manila. Golden Millennial Quickpay, Liannet Technology Ltd and Asia Premier are all under suspension, “…until they transfer to… Read More

Report: Germany Frontruns Libra, Passes Law Forbidding Private Currencies

As part of a “blockchain strategy” passed Wednesday, German Chancellor Angela Merkel’s cabinet has forbidden the issuing of currencies by private companies, Reuters reports. The move is likely a direct response to the announcement of Facebook’s Libra, a proposed in-app “stablecoin” cryptocurrency the company plans… Read More

Former Coinbase Exec Joins CFTC as Director of Market Oversight

Coinbase’s current VP and General Counsel for Business Lines and Markets, Dorothy Dewitt, is leaving the exchange to become Director of Market Oversight at the Commodity Futures and Trading Commission (CFTC). Dewitt’s LinkedIn profile indicates she’s been working at Coinbase for 11 months. The CFTC, “polices…derivatives… Read More

Germany: Sutor Bank Comments on German Government’s Blockchain Strategy

According to reports, the German cabinet announced its blockchain strategy today. The Economy Minister Peter Altmaier and Minister of Finance Olaf Scholz both said they see huge potential related to blockchain technology. It is believed that the energy sector can benefit from blockchain but the… Read More

Send this to a friend