Tagged: digital currency

New Zealand’s Financial Markets Authority Warns Public of Potential “Profit Bitcoin” Scam

New Zealand’s Financial Markets Authority (FMA) announced on Monday it has concerns about the website “Profit Bitcoin” has the hallmarks of being a scam. The organization revealed it was made aware that the digital currency platform is advertising on Facebook by promoting false news about… Read More

Digital Asset Exchange Bitfinex Debuts Staking Rewards Program

Digital asset exchange Bitfinex announced on Tuesday it is offering a new Staking Rewards Program that will allow users to earn rewards by holding funds on the Bitfinex platform. The Bitfinex team revealed that the program was designed to provide users with “another avenue” to… Read More

Busted: U.S. Arrests Russian Rapper Maxim Boyko For Cryptocurrency Laundering

The U.S. Federal Bureau of Investigation (FBI) reportedly arrested Russian rapper Maxim Boyko for cryptocurrency laundering. According to the Moscow Times, Boyok was arrested at a Miami condo this past weekend. The Affidavit submitted to support Boyko’s arrest revealed that the rapper “knowingly and intentionally conspire… Read More

CoinEx Teams Up With Simplex to Offer Credit Cad Payments of Cryptocurrencies

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Tuesday it has formed a new partnership with fiat infrastructure provider, Simplex. CoinEx reported that the partnership enables its users to purchase cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC)… Read More

Draper Goren Holm’s Totle Seeks to Help Decentralized Crypto Exchange Users Find Best Prices For Tokens

Draper Goren Holm, a young venture group that includes prominent VC Tim Draper, announced on Tuesday that its portfolio company Totle has been focused on developing an advanced order routing system that will find the “absolute best” combination of orders to get the most value… Read More

KuCoin Announces “Project Pinocchio” With Multiple Blockchain Institutions to Tackle Dishonest Behaviors in the Crypto Space

Singapore-based global cryptocurrency exchange KuCoin recently announced the launch of its new project “Project Pinocchio” together with 21 blockchain institutions from around the world. KuCoin describes Project Pinocchio as a neutral and credible alert platform for less trustworthy projects in the cryptocurrency industry. The platform… Read More

Coinbase Announces Coinbase Custody COVID-19 Update

Cryptocurrency platform Coinbase recently announced a COVID-19 update for its Coinbase Custody feature. Coinbase reported that the Coinbase Custody pandemic business continuity plans anticipated “shelter in place” scenario and the Coinbase team has plans in place to ensure that continue to meet the team’s withdrawal… Read More

Digital Money Transfer Service Metal Pay Announces Partnership With Tron to Allow TRX to be Fully Integration in Mobile App

Metal Pay, a U.S.-based digital money transfer service, announced on Wednesday it has formed a partnership with TRON to make TRX tokens available to users through Meta Pay’s mobile app. Metal Pay reported that through the partnership TRON users can earn up to 5% cashback… Read More

Crypto.com Pay Announces Launch of Invoicing Feature

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday the launch of the invoicing features for Crypto.com Pay merchants to generate and send invoices to customers who wish to pay with cryptocurrency. Crypto.com reported that merchants may generate crypto invoices free of charge using Crypto.com Pay…. Read More

Digital Asset Exchange Bitfinex Introduces New Surveillance Tool, Shimmer, to Combat Crypto Market Abuse

Digital asset exchange Bitfinex has introduced a new surveillance tool, called “Shimmer,” reportedly in order to combat cryptocurrency market manipulation and other types of abuse. The tool will also help promote “orderly trading” on the exchange, according to the company. Bitfinex has been the target… Read More

People’s Bank of China Is Reportedly Inching Closer to Issuing a Digital Yuan

The People’s Bank of China (PBoC), the nation’s central bank, is reportedly inching closer to launching a national virtual currency. As noted in a report from the Global Times on March 24, 2020, which cited “industry insiders,” the PBoC seems to have finalized the development… Read More

CFTC Announces Final Guidance on Delivery of Digital Assets

The Commodity Futures Trading Commission (CFTC) has “unanimously” approved final interpretive guidance concerning retail commodity transactions involving certain digital assets. Specifically, the guidance clarifies the CFTC’s views regarding the “actual delivery” exception to Section 2(c)(2)(D) of the Commodity Exchange Act (CEA) in the context of… Read More

Cryptocurrency Liquidity Provider XHUB Announces Partnership With ByteTrade

XHUB, a cryptocurrency liquidity provider, announced on Monday it has formed a venture agreement with dual-chain blockchain protocol, ByteTrade. XHUB reputed that theoruhg the partnership, decentralized exchanges operating on the ByteTrade Open Network (BTON) blockchain and ByteBulls white label solution will have instant access to… Read More

CBDC: Central Bank Digital Currencies Could Offer a Public Means of Payment Without Needing a Bank Account, IMF Official Says

Tao Zhang, deputy managing director at the International Monetary Fund (IMF), has argued that issuing central bank digital currencies (CBDCs) may lower costs and enhance the overall efficiency of the financial system. Zhang, whose comments came during a keynote presentation, held at the London School… Read More

Cryptocurrency Platform Coinbase Pledges to Support Employees & Customers During COVID-19 Outbreak

Cryptocurrency exchange platform Coinbase announced on Friday its COVID-19 update. The platform reported that it is continuing to support its employees and customers during the outbreak. Brian Armstrong, CEO of Coinbase, stated in the update: “My first priority is the health and safety of our… Read More

Crypto.com Announces New Integration With Economy as a Service Fintech Oveit

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it integrated with economy as a service fintech, Oveit. According to Crypto.com, the integration will see more than 3,500 offline and virtual events organizers utilize Oveit’s platform to accept cryptocurrency payments from over 1.5 million event attendants… Read More

Itiviti & Gemini to Now Enable Cryptocurrency Holders Traders With Counterparts Through NYFIX FIX-Based Order Routing Network

Financial institutions technology and service provider Itiviti announced on Thursday that it and cryptocurrency exchange Gemini Trust Company is now enabling cryptocurrency holders trades with their counterparties through NYFIX, which is Itiviti’s FIX-based order routing network. Founded in 2016, Itiviti enables financial institutions worldwide to… Read More

Android Users May Now Add Coinbase Card to Google Pay Wallets

Cryptocurrency exchange platform Coinbase announced on Tuesday Android users may now add their Coinbase Card to their Google Pay wallets. Coinbase claims it is now the first company to enable users to make mobile payments powered by their crypto balances. “Google Pay gives Coinbase Card… Read More

DBL Digital Announces Bitcoin Managed Account Program; Now Offering New Cryptocurrency Investment Option

DBL Digital, a division of DrawBridge Lending, announced on Monday the launch of its Bitcoin Managed Account Program (MAP) for individual and institutional investors. According to DBL Digital, the program provides investors with exposure to the Crypto market in a risk-mitigated fashion, although virtual currency… Read More

Crypto.com Begins Shipping MCO Visa Debit Cards to Customers in the UK

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it is officially shipping MCO Visa debit cards to the UK. The platform reported that the MCO Visa Card range features metal cards with no annual or monthly fees, up to 5 percent cryptocurrency cashback on everyday… Read More

Send this to a friend