Tagged: digital currency

April 3, 2020 @ 3:57 pm By Samantha Hurst  |  

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

April 1, 2020 @ 11:24 am By Samantha Hurst  |  

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

March 31, 2020 @ 10:37 pm By Samantha Hurst  |  

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

March 30, 2020 @ 9:27 am By Samantha Hurst  |  

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

March 29, 2020 @ 11:11 pm By Samantha Hurst  |  

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

March 25, 2020 @ 8:50 pm By Samantha Hurst  |  

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

March 25, 2020 @ 3:23 pm By Samantha Hurst  |  

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

March 25, 2020 @ 9:51 am By Omar Faridi  |  

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

March 25, 2020 @ 7:50 am By Omar Faridi  |  

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

March 24, 2020 @ 3:53 pm By JD Alois  |  

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

March 24, 2020 @ 3:30 pm By Samantha Hurst  |  

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

March 23, 2020 @ 3:15 pm By Omar Faridi  |  

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

March 23, 2020 @ 10:29 am By Samantha Hurst  |  

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

March 23, 2020 @ 9:01 am By Samantha Hurst  |  

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

March 19, 2020 @ 11:30 am By Samantha Hurst  |  

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

March 17, 2020 @ 2:01 pm By Samantha Hurst  |  

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

March 16, 2020 @ 2:27 pm By Samantha Hurst  |  

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

March 16, 2020 @ 12:24 pm By Samantha Hurst  |  

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

March 13, 2020 @ 11:17 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced on Thursday it has launched Bitcoin transaction batching, which is a new feature that reduces the load that the platform puts on the Bitcoin blockchain and may actually save uses more than 50% on network fees. Coinbase further explained: “We… Read More

March 11, 2020 @ 3:07 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase recently announced its Coinbase Custody has launched a completely “refreshed” product experience with a new interface. The Coinbase team notably updated its read-only API endpoints, as well as started paying for client network withdrawal fees for assets supported on Coinbase Pro…. Read More