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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Blockchain and Crypto Firms in Malta Struggle to Find Banking Services
Blockchain and cryptocurrency firms are facing difficulties with opening bank accounts until they get their Malta Financial Services Authority (MFSA) license according to the Times of Malta report on March 1, 2019. дальше »
2019-3-5 13:00 | |
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Dukascopy to Take Legal Action Against GCG Asia for Impersonation
GCG Asia, a firm that has been falsely claiming to be in partnership with Dukascopy, a Swiss crypto bank, has finally been called out by the bank on February 27, 2019. Mask Off While the amounts of money being lost to crypto scammers have gone up in the last few years, there are some clearRead MoreRead More. дальше »
2019-3-2 02:00 | |
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How this Australian bank tracked 17,000 kilos of almonds with the blockchain
It’s not uncommon to read about how the latest firm has put something “on the blockchain. ” In fact, last year Hard Fork reported on a successful trial which saw the Commonwealth Bank of Australia put a shipment of 17,000 kilos of almonds on the decentralized tech. дальше »
2019-2-26 13:19 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Euro Exim Bank’s Head Praises Ripple’s Efficiency for Trading and Transacting Funds via XRP Ledger
Over the past couple of years, Ripple and its associated XRP cryptocurrency have captured the imagination of the global finance sector. This is because the firm has been able to partner up with a wide array of multinationals so as to push alt-assets into the mainstream — as well as help with their adoption within […] дальше »
2019-2-25 17:36 | |
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Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace
Mike Novogratz's crypto investment bank Galaxy Digital has invested in blockchain security company CipherTrace
дальше »2019-2-21 20:12 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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San Juan Mercantile Exchange Welcomes Noble Bank Employees and Nasdaq Exec Prior to Launch
Back in November last year, Noble Bank was the subject of many news stories as they were close to bankruptcy. The firm offered both banking and OTC trading services, and they fervently sought a buyer to save them after Bitfinex kicked them to the curb. While the fate of many of the employees is still […] дальше »
2019-2-9 05:17 | |
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AmaZix Blockchain Token Advisory and Bank Frick in Liechtenstein Partner to Boost Crypto Adoption
AmaZix is the latest blockchain consultancy firm to announce a partnership. The partnership was announced on February 4th, 2019 with Bank Frick in Liechtenstein who has been building an expert reputation for providing cutting-edge blockchain banking services. дальше »
2019-2-6 02:09 | |
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Major Dutch bank bets on NY blockchain firm with 5-year deal
Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ledger tech into a range of business areas ING will join forces with R3 to obtain an unlimited number of licenses for its commercial (read: private permissioned) blockchain platforms Corda Enterprise platform and CorDapps. дальше »
2019-1-22 17:39 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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GP Bullhound sees 2019 bitcoin recovery, credit market crash may help too
Predictions from respected corners of the mainstream financial world – GP Bullhound and Saxo Bank – could be good news for the crypto industry and its status as a valid and profitable asset class. дальше »
2018-12-16 21:21 | |
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Crypto Exchanges Can Be Banned By Chilean Banks, Court Order Says
Chile’s Supreme Court has recently ordered crypto exchange OrionX to close all of its active local bank accounts. This decision comes in wake of another order passed by Chile’s High Court that “guaranteed protection” to Orionx and forced local state-owned bank Banco del Estado to allow the firm to operate freely within the nation. “These […] дальше »
2018-12-10 03:16 | |
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Avaloq Intends To Lead The Way In Its New Cryptocurrency Asset Solution System
Avaloq Intends To Lead The Way In Its New Cryptocurrency Asset Solution System The new initiative itself represents a new collaboration between a well know bank based in Switzerland, one of the leading Fintech companies and a top performing cryptocurrency asset firm. дальше »
2018-12-9 00:07 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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Avaloq Spearheads Cryptocurrency Asset Solution Initiative
A leading fintech company, a cryptocurrency asset firm and a Switzerland bank have come together to implement a crypto asset solution for banks and wealth managers. Cryptocurrency Asset Solution for Banks and Wealth Managers According to a press release by fintech company, Avaloq, a Swiss bank, Gazprombank Ltd, cryptocurrency company, METACO, and Avaloq, recently came […] The post Avaloq Spearheads Cryptocurrency Asset Solution Initiative appeared first on Ethereum World News. дальше »
2018-12-7 19:53 | |
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Islamic Financial Institution to Launch Interbank Blockchain Tools
An agreement has been signed between iFinTech Solutions, a Tunis-based fintech firm, and the Islamic Corporation for the Development of Private Sector (ICD), the private sector arm of Islamic Development Bank Group (IsDB), according to its press release. дальше »
2018-12-7 16:26 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Crypto Merchant Bank Galaxy Digital lost $136 million between January and October 2018
Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. дальше »
2018-12-1 22:00 | |
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Malaysian MP ”Concerned About Threat” from Cryptocurrencies
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. дальше »
2018-11-27 12:43 | |
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Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market
“It Sucks To Build A Business In A [Crypto] Bear Market” Per an exclusive report from the Financial Times, a Western world-centric media subsidiary of Nikkei Inc. , Mike Novogratz, CEO of crypto-focused merchant bank Galaxy Digital, has directly suffered due to this nascent market’s most recent downturn. дальше »
2018-11-25 21:16 | |
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Singapore Grants RMO License for CapBridge to Operate New Security Exchange
Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018. дальше »
2018-11-24 21:31 | |
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Sovereign Wallet Develops “Algorithmic Central Bank” and “Meta Blockchain” to Mint New Coins Pegged to Bitcoin
Sovereign Wallet Allows Customers To Mint “Meta Coins” That Are Pegged To Bitcoin In another positive piece of news for the crypto community at large, it now seems as though Sovereign Wallet, a crypto-tech firm, has devised a new platform that will allow users to issue their very own ‘value tokens’ as well as convert […] дальше »
2018-11-23 04:10 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Blockchain Boutique to Be Launched by Ping An Bank, Using Blockchain Technology
In an announcement published in People’s Daily on November 20th, Ping An Bank has announced the upcoming launch of a boutique. The subsidiary of the Ping An Insurance Group will use blockchain, the Internet of Things (IoT), and cloud services to me this boutique possible. дальше »
2018-11-21 11:04 | |
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North Dakota Regulator Issues Cease and Desist Order Against Union Bank ICO Fraud
The North Dakota Securities Department, responsible for the enforcement of the securities laws in the U. S. state, has issued a cease and desist order against Union Bank Payment Coin (UBPC) for allegedly promoting a fraudulent initial coin offering (ICO). дальше »
2018-11-21 00:00 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Details of 170,000 Pakistani debit cards leaked on dark web
Last week, we reported that nearly 20,000 Pakistani debit cards were put up for sale on the dark web. Now, cybersecurity firm Group-IB has found out that earlier this week, a new dump of whooping 177,878 appeared on the dark web. дальше »
2018-11-16 18:55 | |
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Ripple Secures More Banking Partners, XRP Holds Second Spot Over Ethereum
San Francisco based blockchain company Ripple has secured another major banking partner in Asia this week. ASEAN’s fifth largest bank, CIMB Group, as announced that it will join RippleNet in order to utilize the firm’s cross border transfer products. дальше »
2018-11-16 13:00 | |
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Germany’s Bitcoin Group SE All Set to Procure 100% Share in Tremmel Investment Bank
As per various trusted media outlets, Bitcoin Group SE has recently acquired a 100% share in German investment institution ‘Tremmel’. With that being said, it is still not clear as to how much money was involved in this deal or when the official paperwork was actually signed. About The Firm Bitcoin Group SE is based […] дальше »
2018-11-14 19:04 | |
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Arba CEO Shares How Bitcoin can Inspire the Creation of a Cryptocurrency Bank
Billy Barhydt believes that it is possible to circumvent the existing regulations and create a cryptocurrency bank. Billy formerly worked at the CIA as a cryptography expert and is the founder of the Abra digital currency investment firm. дальше »
2018-11-14 22:49 | |
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Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification
X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. дальше »
2018-11-14 22:00 | |
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Bitcoin Remains Firms Despite China Reiterating Its Warning About Crypto
The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. дальше »
2018-11-13 21:00 | |
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Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate
The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank. дальше »
2018-11-12 17:59 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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Mining Giant Bitfury Raises $80 Million in Closed Funding Round
Bitfury, a San Francisco-based provider of blockchain infrastructure, has just closed an $80 million funding round led by venture capital firm Korelya Capital, the company announced in a press release on November 6, 2018. дальше »
2018-11-7 19:30 | |
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Damage Control: Tether Limited Announces Partnership With Bahamas-based Deltec Bank & Trust Limited
Tether Limited, the issuer of the Tether (USDT) stablecoin is in self-inflicted damage control mode. The firm announced on Nov. 1st that it was partnering with Deltec Bank & Trust Limited, confirming the rumors that have been going on for a while. дальше »
2018-11-2 16:59 | |
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Tether Announces Relationship With Deltec Bank in the Bahamas
On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. дальше »
2018-11-2 10:00 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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R3 Member Nordea Bank CEO Eulogizes Ripple, XRP and R3 Consortium
The credence which Ripple blockchain technology is garnering in the fintech industry seems not to be signaling any form of deceleration, as the firm got eulogized by the CEO of Nordea Bank, Casper von Koskull. дальше »
2018-10-27 01:40 | |
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