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Why Japan’s Biggest Messenger is Launching a Crypto Exchange For 80 Million Users
By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report. дальше »
2019-6-21 16:05 | |
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Messaging app Line is reportedly launching a cryptocurrency exchange in Japan soon
Japanese messaging company Line Corp is reportedly gearing up to launch a cryptocurrency exchange, The report comes just days after fellow tech giant Facebook announced the launch of Libra. According to Bloomberg, which cites people close to the matter, Line could receive its license this month, with exchange operations expected to begin a few weeks after it gets the green light. дальше »
2019-6-20 14:34 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global Rivals
By CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America. дальше »
2019-5-6 03:00 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Canadian Drug Dealer Ordered to Forfeit $1.4 Million in Bitcoin
As part of an ongoing criminal case, a judge in Canada has ordered that a local online drug dealer must forfeit about 281. 41 bitcoin (worth about $1. 4 million) after it was found that he used the cryptocurrency to fund his illegal activities. дальше »
2019-4-5 20:02 | |
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ICO Promoter of Vanbex Faces Police Probe in Light of Massive $22 Million Blockchain Scandal
As part of their latest investigative efforts, Canadian law enforcement authorities have frozen the assets owned by the founders of blockchain services company Vanbex. These efforts are in line with the probes that have been carried out by the government agency since 2017— when the aforementioned firm was able to raise a whopping $22 million […] дальше »
2019-4-1 18:05 | |
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Take Note AOC: Right-Wing Italy Just Introduced a ‘Citizens’ Income’ for 5 Million in Poverty
As Fox News and right-wing talking heads rail against AOC and the largely invented and self-serving rise of socialism that they want to claim is jeopardizing the American way of life, in Italy a new ‘citizens’ income’ has been introduced that provides a safety net for the poor. дальше »
2019-3-11 12:35 | |
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US’ Biggest Landowner John Malone Loses $680 Million in 24 Hours
John C. Malone, the single largest owner of land in the United States, sustained a devastating portfolio hit portfolio Thursday. As the largest shareholder of Qurate Retail (NASDAQ:QRTEB), Malone had the most on the line when the company announced paltry fourth-quarter earnings. дальше »
2019-3-1 09:00 | |
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21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money
Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king. дальше »
2019-2-7 23:29 | |
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Papa John’s Stock Jumps After $200 Million Deal Wrests Control From Founder, Who is ‘Definitely Not Racist’
Things may finally be looking up for Papa John’s following a damaging upheaval caused by a racist outburst by its founder which was caught on tape. The troubled pizza chain’s stocks jumped over 8 percent on Monday on news that it received a $200 million lifeline from Starboard Value LP. дальше »
2019-2-7 14:51 | |
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Bitcoin Price Analysis: BTC Ranging, Blockstream Quick Fix
Bitcoin Prices are steady but could rally above $3,600 in days ahead Blockstream’s Proof of Reserves could solve the exchange’s perennial problems Transaction volumes below average It may be an exit scam or a tragedy, but the bottom line is that QuadrigaCX users stand to lose $190 million. дальше »
2019-2-5 22:00 | |
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Tron Price Analysis: Bottom Line for TRX is Privacy, Justin Sun has Plans
Tron prices resume trend, up 1. 6 percent in the last day Justin Sun plans to incorporate ZK-SNARKs and make TRX a privacy coin Transactional volumes must spike above 31 million reaffirming bulls and confirming current trend Days after a successful ICO, TRX bulls are back. дальше »
2019-2-2 21:00 | |
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Pierre Rochard: “Lightning Adoption Will Basically Mirror Bitcoin Adoption”
Lightning is a second-layer solution for the Bitcoin blockchain that addresses the scaling issues surrounding it today. Similar to Bitcoin, Lightning is an open-source protocol in which anyone can contribute to. дальше »
2018-12-19 02:34 | |
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Finland Hands Over Info for 2,700 Danish Traders to Denmark’s Tax Agency
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15. дальше »
2018-12-14 03:12 | |
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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards
BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. дальше »
2018-12-14 01:12 | |
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Ohio Technology Funds Announce $100M Support for Blockchain Startups
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups. дальше »
2018-12-3 19:32 | |
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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services
The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets. дальше »
2018-11-14 00:53 | |
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Health Data Tokenization: A Possible Remedy for a Broken System
According to the WHO, 3. 8 billion people lack access to essential health services. For 100 million people worldwide, the cost of health care pushes them below the extreme poverty line, forcing them to survive on less than $1. дальше »
2018-11-14 00:00 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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McAfee: Bitcoin (BTC) At $1 Million By 2020 Is “Conservative”
The True Value Of Bitcoin (BTC) Is Escalating Tremendously John McAfee, a well-known tech-centric entrepreneur turned crypto diehard, recently sat down with CoinTelegraph in an exclusive interview to discuss his views on the current state of crypto. дальше »
2018-11-11 02:01 | |
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Ripple Effect: XRP to Serve as Collateral for $300 Million Cred USD Loan Facility
In another significant news for XRP, holders of the popular cryptocurrency now have access to a $300 million loan facility from Cred. This news is the latest in a long line of real-world adoption for the Ripple cryptocurrency. дальше »
2018-11-9 19:33 | |
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Hublot Releases Bitcoin watch—A must have Accessory for every BTC Millionaire
The watchmaker Hublot has released a Bitcoin inspired watch called ‘the P2P’ as part of their Big Bang Meca-10 line of watches. The watch has been estimated to cost around 4BTC and is in a limited supply of only 210 units in reference to the 21 million limits on Bitcoin. дальше »
2018-11-7 16:20 | |
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SEC Draws Battle Line Against ICO Scams in it’s Yearly Annual Report
The Annual Report on the Division of Law Enforcement by the Securities and Exchange Commission (SEC) has revealed its plans of placing strict rules against ICO scams. With a total amount of $794 million investor funds returned this year alone, the SEC has made it clear that spearheading investigations to help reduce fraudulent ICOs to […] The post SEC Draws Battle Line Against ICO Scams in it’s Yearly Annual Report appeared first on ZyCrypto. дальше »
2018-11-3 20:46 | |
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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. дальше »
2018-10-30 21:45 | |
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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight
With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies. дальше »
2018-10-20 17:49 | |
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TRON Donates $1 Million to Binance’s Blockchain Charity Foundation for UNDP Support
TRON Partners Binance’s BCF to Help World Leaders Leverage Blockchain Technology for SDGs TRON has pledged USD$3M to the Blockchain Charity Foundation (BCF), initiated by Binance, in line with its intent to support the application of blockchain technology for social good. дальше »
2018-10-19 03:40 | |
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Russian Church Docked $15,000 for Illegal Bitcoin Mining
A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000. дальше »
2018-10-16 20:50 | |
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FISCO Group summon $59 million for Zaif hack, and messaging app Line announce token economy plans
As another Japanese exchange gets hacked, their corporate bosses step in to bail them out. At the same time, the country’s biggest messaging app announces plans for a token economy. дальше »
2018-10-7 14:00 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Mt Gox Trustee Did Sell Off $230 Million Bitcoin
With failed cryptocurrency exchange Mt Gox now set to provide some form of compensation payments, heads are now turning towards Nobuaki Kobayashi, also known as the Tokyo Whale and one of Bitcoin’s more prolific holders. дальше »
2018-9-26 06:00 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With Registration Failures
In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures. дальше »
2018-9-12 23:36 | |
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