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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes
Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes. дальше »
2018-8-20 16:00 | |
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Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System
U. S. -based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. дальше »
2018-8-18 00:52 | |
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Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts
In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. дальше »
2018-8-18 23:22 | |
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Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions
Kuwait Finance House (KFH) is one of the major banks of Kuwait, most famous for being one of the first banks to open, operating under Sharia law. KFH are a major firm within Kuwait, trading on the Kuwait Stock Exchange, with a market capitalisation of $8. дальше »
2018-8-17 12:00 | |
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U.S. Investors Can Now Buy a Bitcoin Exchange-Traded Note
American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report. дальше »
2018-8-16 22:09 | |
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Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency
Cryptocurrency investing is risky business and one budding investor is feeling the pain after using a huge bank loan to build a losing cryptocurrency portfolio. DYOR and Steer Clear of FOMO It appears that FOMO got the best of one amateur cryptocurrency investor in Abu Dhabi who is now 85% down on cryptocurrencies purchased using a $139,500 bank loan. дальше »
2018-8-15 18:00 | |
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Why blue-chip companies are turning to the blockchain for Cybersecurity
Large corporates are utilising blockchain technologies to remove the ‘central point of failure’ conundrum One of the world’s largest suppliers to the steel industry has announced its decision to utilise blockchain technology in an attempt further secure its data networks. дальше »
2018-8-15 14:13 | |
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Winners Emerge in the European Investment Bank (EIB) Blockchain Hackathon
According to a Finextra report on August 13, 2018, a team of programmers from EY have won the distributed ledger technology (DLT) hackathon organized by the European Investment Bank (EIB) aimed at formulating fail-proof methods to redesign the transaction processing of commercial paper with blockchain technology. дальше »
2018-8-14 18:00 | |
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Tethers Role As A Central Bank For Crypto
Tether, the celebrity of the stablecoin world and one of the most ‘traded’ ‘cryptocurrencies’ in the world. I say this in inverted commas, as it’s status is a little hard to grasp, this aside, Tether has made a name for itself and is now as viable an asset as the US Dollar, and the range of other FIAT currencies that is is tied up too. дальше »
2018-8-13 13:00 | |
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Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban
Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. дальше »
2018-8-10 23:25 | |
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World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond
Called bond-i, which stands for Blockchain Offered New Debt Instrument, the bond will become the first one to be managed completely with blockchain technology. The post World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond appeared first on CoinSpeaker. дальше »
2018-8-10 18:06 | |
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The Names Bond, Blockchain Bond
Blockchain bond? The brother of the elusive British spy, James Bond? Or, a blockchain operation featuring a bond? Sadly, James isn’t about to acquire a blockchain based partner, he’s stuck with the Aston Martin for now. дальше »
2018-8-10 11:30 | |
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Barclays Still Showing An Interest In Crypto Trading, Despite Previously Ruling It Out
Barclays have been awash with rumours speculating that they are planning on setting up a cryptocurrency trading desk. The rumours soon hit a dead end when a spokesperson from Barclays came out and debunked the rumours, stating that: “Cryptocurrency is a real challenge for us because, on the one hand, there is the innovative side of it and wanting to stay in the forefront of technological improvement in finance. дальше »
2018-8-9 08:00 | |
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‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank
While some major banks have refused to go near anything related to virtual currencies, Australia might see its first cryptocurrency bank in the not-too-distant future. That’s if one of the country’s leading entrepreneurs, Fred Schebesta, can make his goal a reality. дальше »
2018-8-8 07:00 | |
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First Cryptocurrency bank of Australia to be built by the CEO of Finder
Australia is one of the foremost countries to accept blockchain technology and cryptocurrencies, says recent reports. The latest addition to the bandwagon is Fred Schebesta, an Australian entrepreneur and Co-Founder of comparison website, Finder. дальше »
2018-8-8 01:57 | |
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Indian Exchange Zebpay Enables Trueusd (TUSD) Stablecoin Trading
One of the largest cryptocurrency exchanges in India, Zebpay, has enabled Trueusd (TUSD) trading, deposits and withdrawals. The dollar-pegged stablecoin is offered as an alternative to fiat trading which is problematic under the Indian central bank’s ban. дальше »
2018-8-7 20:45 | |
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Finder.com Co-Founder Plans to Open Australia’s First-Ever Crypto Bank
Co-Founder Of Finder. com Plans To Launch Australia’s First-Ever Crypto Bank Co-Founder of Finder. com, Fred Schebesta has recently revealed his plans to launch a cryptocurrency-backed financial institution in Australia. дальше »
2018-8-6 18:41 | |
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Finder.com Co-founder is Minded to Open a Crypto Bank in Australia
Fred Schebesta, one of the founders of a tech project Finder.com, has revealed his plans to launch the first Australian crypto bank. The post Finder.com Co-founder is Minded to Open a Crypto Bank in Australia appeared first on CoinSpeaker. дальше »
2018-8-6 16:48 | |
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UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream
Bitcoin (BTC)–One of the world’s largest investment banks has commented upon the rise of cryptocurrency, and found fault with the scalability and price volatility associated with Bitcoin. The Union Bank of Switzerland, an investment bank and financial services company, has joined the list of Bitcoin detractors who point out the obvious flaw with the currency: […] The post UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream appeared first on Ethereum World News. дальше »
2018-8-6 17:15 | |
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Bithumb Bank Freeze Causes 40% Trading Volume Decline, Reopens 10 Coins For Deposits and Withdrawals
Bithumb Trading Volume Drops 40% After Bank Freeze Trading volume in one of the most important cryptocurrency exchanges in the world has dropped 40% after three days since its temporarily stopped accepting new users. дальше »
2018-8-4 00:26 | |
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Citibank Are Exploring Crypto, Will They Be The First Major Bank To Adopt Bitcoin?
Citibank are one of the world’s most renowned banks and financial services companies. Founded in 1812 in New York, the bank now operates worldwide with more than 2000 employees and a number of subsidiaries across Asia. дальше »
2018-8-3 17:30 | |
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What Is A Bitcoin Address: How ‘Blockchain Bank Account Numbers’ Work
Similar to a bank account, a bitcoin address is where you receive and transfer your bitcoins. Without it, there’s no way you would receive or send bitcoins. After all, your senders will need that address to accurately send you bitcoins. дальше »
2018-8-3 16:47 | |
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UBS: Bitcoin Is As well ‘Temperamental and Constrained’ to Capacity as Cash
Investment bank UBS thinks bitcoin is neither money nor a viable asset class – not yet at least. Published by UBS strategists, the report concludes that bitcoin “falls short of criteria that need to be satisfied to be considered money. дальше »
2018-8-3 11:05 | |
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Novogratz’s Cryptocurrency Bank Off to a Slippery Start, Drops 20% in One Day
The cryptocurrency merchant Galaxy Digital LP, which began trading on August 1, is off to a rocky start — falling 20 percent per share in just one day. This adds to the company’s estimated loss of about $134 million in the first quarter of 2018 amid a market-wide cryptocurrency crash. дальше »
2018-8-3 06:00 | |
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XRP To Be Added To Canada’s Leading Cryptocurrency Exchange
XRP is set to be added to Coinsquare, one of the biggest cryptocurrency exchange platforms in Canada. This is exciting news, especially as it falls in line within a period that is seeing extensive research carried out by the Canadian Central Bank into cryptocurrencies and blockchain technology. дальше »
2018-8-3 23:00 | |
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Japanese bank Mizuho Mt Cox customer Sued
Also Read: Bitcoin Cash Fans Celebrate Independence Day One Year Later Mt Gox and Mizuho Bank Mt Gox customers have a bone to pick with the Japanese financial establishment Mizuho Bank Ltd (TYO:8411; NYSE:MFG), as a few Mt Gox clients claim the bank has been secretive about its relationship with the now-defunct trading platform. California Case: дальше »
2018-8-2 16:00 | |
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Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason
According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »
2018-8-2 15:47 | |
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Japanese Bank (Mizuho) Sued by Mt Gox Client
Also Read: Bitcoin Cash Fans Celebrate Independence Day One Year Later Mt Gox and Mizuho Bank Mt Gox customers have a bone to pick with the Japanese financial establishment Mizuho Bank Ltd (TYO:8411; NYSE:MFG), as a few Mt Gox clients claim the bank has been secretive about its relationship with the now-defunct trading platform. The bank дальше »
2018-8-2 13:55 | |
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Bithumb Suspends Opening of New Virtual Accounts
Joining a long list of exchanges in South Korea, Bithumb too has suspended the opening of new virtual accounts after having failed to renew its contract with the bank. The suspension started as of the 1st of August and currently only three exchanges in the country are able to open new accounts. дальше »
2018-8-2 11:02 | |
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Coinbase Adds British Pound Sterling (GBP) Option, UK Bitcoin Bank Becomes One Step Closer
Bitcoin Bank Approaches Coinbase UK And Adds Pound Sterling The realization of a bitcoin bank in the UK is getting closer and becoming a reality. On July the 31st, Coinbase announced support for the currency of the UK. дальше »
2018-8-2 10:31 | |
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Novogratz Expresses Confidence in Cryptos as His Crypto Bank Nears Listing
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. дальше »
2018-8-2 00:00 | |
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Bithumb Cryptocurrency Exchange Suspends Creation Of New Accounts
One of South Korea’s "big four" digital asset exchanges will no longer allow for the creation of new real-name virtual accounts, due to its failure to sign a contract with a partner bank.
дальше »2018-8-2 21:51 | |
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Bitcoin Backers Bank on Galaxy Digital in Canada
News Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. His interview otherwise ought to have been triumphant, representing one of the earliest cryptocurrency-oriented merchant banks to be listed formally on a major stock exchange. He was in Toronto for just дальше »
2018-8-1 20:54 | |
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Billionaire Backed Bitcoin Bank Galaxy Digital Now Trading on Toronto Stock Exchange
Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. дальше »
2018-8-1 14:55 | |
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Northern Trust Assisting Hedge Funds in “Diversifying Their Portfolios with Cryptocurrency”
One of the oldest bank in America with one trillion dollars worth of assets under management that caters to corporations, institutional investors, and high net worth individuals, is assisting hedge funds. дальше »
2018-8-1 14:34 | |
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Agricultural Bank of China Offer Loans to Blockchain-based Businesses
One of the big “four,” the Agricultural Bank of China (ABC) has issued a loan, in a piece of Agricultural land to blockchain outlets, in a bid to encourage blockchain platforms to establish their network, at the most populous country in the world. дальше »
2018-8-1 01:34 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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Australian Bank Utilizes Ethereum for Cross-Border Shipments
A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia (CBA) and five logistics organizations. дальше »
2018-7-31 17:00 | |
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Banking Giant Trials Blockchain for Land-Backed Loans Issuance
The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The ABC said the blockchain system is deployed among various nodes to facilitate the loan issuance including other commercial banks, the provincial branch of the People’s Bank дальше »
2018-7-31 13:17 | |
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One of the World’s Largest Banks Issued $300k Loan Using Blockchain
Issuance of the $300,000 land-backed loan becomes the first experience of the Agricultural Bank of China in issuing loans using blockchain. The post One of the World’s Largest Banks Issued $300k Loan Using Blockchain appeared first on CoinSpeaker. дальше »
2018-7-31 12:10 | |
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Novogratz’s Galaxy Digital to Make Public Debut on Toronto Stock Exchange
Mike Novogratz’s merchant bank, Galaxy Digital, will be going public on Toronto’s TSX Venture Exchange on August 1st, making it one of the first ever public cryptocurrency focused merchant banks. In an interview with Bloomberg, Novogratz expressed some concerns with the upcoming IPO, mainly centered around the decline in the cryptocurrency markets. дальше »
2018-7-31 22:15 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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IBM, Barclays and City Team launch the BlackBerry App Store for the Bank
“Having a secure network and proven infrastructure allows an app store kind of model, where banks can identify applications from certified fintech and software providers and deploy these apps over a seamless blockchain network,” Bear told CoinDesk. дальше »
2018-7-30 16:09 | |
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Giant Bitcoin Merchant Bank Posts Losses Over $130 Million
Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. дальше »
2018-7-28 11:45 | |
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One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi
Mario Draghi, President of the European Central Bank, said bitcoin is volatile, with its value oscillating widely, thus he would not call it a currency. In answering questions by the... The post One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi appeared first on Trustnodes. дальше »
2018-7-27 15:37 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Bank of Canada Study Shows Blockchain Double Spending Is “Unrealistic”
Double spending is a fraudulent cash scheme where a single cryptocurrency token is used in more than one instance. This double spending problem has become an oft-repeated worry among the skeptic of cryptocurrency. дальше »
2018-7-24 17:58 | |
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Will Bitcoin Follow Gold And SkyRocket With EFT Approval?
Gold is a tangible precious metal whereas Bitcoin is digital. The similarities between them run deep; they are both mined, one physically, the other digitally. Yet if we look closely at the history of gold, Bitcoin is displaying the same behaviour pattern as we’ve seen for gold. дальше »
2018-7-23 12:00 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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