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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
According to the blockchain analysis firm Ciphertrace, major U. S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers. дальше »
2019-12-17 03:30 | |
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Blockchain Fintech Firm Bitt Digital Finally Gets Approval from Barbados Central Bank
After an 8-month long review, Bitt Digital Inc. has finally exited the rigorous Regulatory Sandbox of the Central Bank of Barbados and the Financial Services Commission. The process was successfully completed on July 5, 2019, making the company the first to achieve this almost insurmountable feat. Part of the tests offered by the Sandbox to […] дальше »
2019-7-16 18:50 | |
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Top South Korean Credit Card Company, Shinhan Card, Patents Its Blockchain Payments System
South Korea's most popular credit card firm, Shinhan Card based in Seoul has been granted a patent for its blockchain-based payments system. According to the report shared by the Korea Times, the firm using the newest patent technology has built the global’s first blockchain-powered credit card transformation process that enables settling spending limits, carrying out […] дальше »
2019-7-15 20:22 | |
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Brazilian State Of Bahia Launches Online Bid Solution (SOL) Blockchain To Track Govt. Contract Bids
Brazil has been embracing Blockchain technology recently and has taken another step in that direction. They have launched Online Bid Solution (SOL) which is a blockchain based platform to track the process of public bidding on government contracts. дальше »
2019-7-13 20:02 | |
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Singapore: New Pilot Project Uses Blockchain for Life Insurance Claims
Media company Singapore Press Holdings (SPH), insurance firm NTUC Income (Income), and LumenLab, MetLife’s Asia innovation center, have teamed up to pilot a blockchain platform aimed at automating the life insurance claim process, the companies said on Monday. дальше »
2019-6-18 13:36 | |
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Insurance firm Legal & General adopts Amazon’s blockchain for pension deals
Legal & General, a multinational British insurer, has partnered with Amazon to create a blockchain system for corporate pension deals. According to Reuters, Legal & General will be using Amazon Web Services’ managed blockchain system to process bulk annuities – benefit pension schemes sold by companies to insurers in a bid to mitigate risks for policy holders. дальше »
2019-6-12 17:49 | |
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Nearly 75% of All Bitcoin Mining’s Energy Consumption is Done Using Renewable Sources: CoinShares Report
Crypto treasury management firm, CoinShares publishes a report in which it noted Bitcoin Mining using mostly renewable energy. Analysts have been criticizing the energy-intensive proof-of-work (PoW) the -based process of bitcoin mining – as they've pointed out that it's not eco-friendly. дальше »
2019-6-7 17:45 | |
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North Korean hackers caught phishing for South Koreans’ cryptocurrency
Hackers from North Korea are making headlines again, this time for going after the funds of users of South Korean cryptocurrency exchange UpBit. The hackers allegedly sent a phishing email to UpBit users earlier this week. дальше »
2019-5-31 11:29 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Formosa Financial, A CEZA Regulated Firm, Partners With CEZEX Crypto Exchange And Katalyse.io
Formosa Financial, A CEZA Regulated Company, Partners With CEZEX Digital Asset Exchange And Katalyse. io Three blockchain based companies form a partnership to streamline the securities digitization process. дальше »
2019-5-28 21:28 | |
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A peek at legendary architect John Storyk’s design process
John Storyk, the founder of WSDG, an acoustic consulting and A/V integration firm, is a legend in the music world. He’s a world-class architect and acoustic designer whose built recording studios for everyone from Jimi Hendrix to Jay-Z. дальше »
2019-5-24 00:58 | |
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Reports Suggest $2 Billion Dfinity Blockchain is Right on Schedule With Its Pending Q2 Test Launch
Dfinity’s executive brass recently issued a statement claiming that the firm was speeding up its ongoing hiring efforts and was also in the process of testing a beta version of its upcoming offering with a small group of independent developers. дальше »
2019-5-23 00:16 | |
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Ripple Potentially Sped Up its XRP Distribution Timeline by 21 Years: Crypto Researchers
By CCN: CoinMetrics, a firm that analyzes blockchain data for crypto investors, published a bombshell report this week which tells the story of how Ripple Labs has allegedly misrepresented its escrow system. дальше »
2019-5-18 22:52 | |
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Cryptopia answers users’ queries on status of exchange; concedes that it could take months to return funds
Earlier today, Cryptopia released a new statement pertaining to its liquidation where the firm answered all the questions asked by the customers. Notably, the exchange had made it explicitly clear that they will not allow customers to withdraw their funds until the investigation is completed, emphasizing that it could take months for this process. дальше »
2019-5-17 08:28 | |
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Cryptopia asks users to stop depositing funds; customers in distress as withdrawal service halted
Cryptopia, a New Zealand-based cryptocurrency exchange platform, recently announced that the firm would be liquidated and this process would be carried out by officials from Grant Thornton. Now, the exchange has asked users to stop depositing their cryptocurrency funds to Cryptopia addresses, via its official Twitter handle. дальше »
2019-5-16 11:30 | |
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Cryptopia Suspends Trading, Appoints Liquidators
After a mid-January hack that lasted two weeks, New Zealand crypto exchange Cryptopia was unable to bring the business back following its significant losses. The exchange plans to suspend trading and has already appointed auditing firm Grant Thornton New Zealand to take over the liquidation process. дальше »
2019-5-16 18:26 | |
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Amazon wants to deliver crime news and fear to Ring doorbell owners
Amazon is in the process of a curious hire – a Managing Editor, News – to help bring “breaking crime news alerts” to owners of Ring’s home security gadgets. It’s odd because it’s arguably the first time a security firm has required someone to fill this position within its ranks. дальше »
2019-4-30 10:41 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Coinbase fires 30 workers and closes Chicago office after just one year
Prominent cryptocurrency exchange Coinbase is set to close its Chicago office just a year after it was opened, and will let go around 30 software engineers in the process, reports Fortune. The group had been tasked with building a special “matching engine” product for high-frequency trading. дальше »
2019-4-24 12:16 | |
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Maritime cybersecurity firm JWC SuperYachts using V-ID’s blockchain validation
CryptoNinjas JWC SuperYachts, a leading cybersecurity training, risk management, and consultancy provider in the superyacht industry, has announced that graduates of its cybersecurity courses will now be validated by V-ID, a company that specializes in securing digital assets. дальше »
2019-4-17 13:38 | |
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QuadrigaCX Starts Bankruptcy Proceedings
It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million. дальше »
2019-4-10 17:39 | |
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Western Union Partners With Crypto Wallet for Cross-Border Transfers
Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins. дальше »
2019-4-10 00:19 | |
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How Two Cryptocurrency Analytics Leaders Are Helping Fight Crypto Scams
Crypto research and analysis firm Cointelligence joins Coinfirm’s AMLT Token Network Both Coinfirm and Cointelligence have been focused on delivering something for the blockchain economy that is lacking in the traditional financial system and is among the values of blockchain technology itself, transparency. дальше »
2019-4-9 13:14 | |
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Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash
On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. дальше »
2019-4-8 20:34 | |
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Crypto Analysis Company Mainbloq Launches New Algorithm To Automate Trading Activities
Crypto Analysis Company Launches New Trading Algorithm To Automate Trading Activities The cryptocurrency analysis company, Mainbloq, has decided to launch a new algorithm that aims at automating the trading process. дальше »
2019-4-5 20:45 | |
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Quadriga CX Victims May Get Refunds Sooner than Later
Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019. дальше »
2019-4-4 09:00 | |
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Gatecoin begins liquidation process; directors’ power soon to cease following liquidators’ appointment
The Hong Kong-based crypto exchange, Gatecoin, initiated liquidation process and will soon cease powers of its directors, according to a document obtained by The Block. According to the document drafted by Hong Kong-based law firm Borrelli Walsh, two representatives from the law firm were appointed as liquidators for the entire process by the High Court of Hong Kong Special […] The post Gatecoin begins liquidation process; directors’ power soon to cease following liquidators’ appointment appeared first on AMBCrypto. дальше »
2019-3-30 23:30 | |
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Avaloq Wealth Management Banking Software Firm Joins the Ethereum Enterprise Alliance (EEA)
Avaloq is among the most significant international software service providers at the moment. The Fintech Company is also a business process service provider (BPaaS) serving many wealth managers and multiple banks. дальше »
2019-3-21 05:51 | |
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Brazil’s BeeTech Global Uses Ripple’s RippleNet Remittance Service To Outpace SWIFT And Western Union Costs
BeeTech Global Makes Remittances Faster And Cheaper Using Ripple’s Technology The Brazil-based payment company BeeTech Global is allowing users to send and receive payments in a faster and cheaper way than with traditional companies. дальше »
2019-3-8 23:43 | |
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Circle Internet Financial Acquires SeedInvest Crowdfunding Platform
Circle, a U. S-based fintech firm has completed the acquisition process of SeedInvest in a bid to establish a robust token marketplace that would allow businesses as well as individuals to raise capital via open crypto rails and infrastructure, according to a blog post March 4, 2019. дальше »
2019-3-7 22:00 | |
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Ernst and Young Unveils Crypto Tax Accounting Tool to Help You Pay Bitcoin Taxes
Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool. дальше »
2019-3-6 01:05 | |
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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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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018
Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »
2019-3-1 18:10 | |
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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes
According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme. дальше »
2019-2-22 01:23 | |
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This Crypto Brokerage Lets You Escape to Fiat – No KYC Required
Europeans now have a new option to convert Bitcoin and other crypto assets into fiat without having to undergo identity verification. To make this possible, Swiss service Bity integrated with MyEtherWallet to enable the seamless transition of funds between MEW wallets and Bity accounts. дальше »
2019-2-21 01:20 | |
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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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Judge Delays Legal Representation Choice For QuadrigaCX’s Affected Users
Despite the delay, law firm proposals and affidavits shed light on the experience of the affected users caught in the middle of this long process.
дальше »2019-2-15 23:30 | |
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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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Deloitte Completes Blockchain Trial with Hong Kong’s Kerry Logistics and CargoSmart
Deloitte, an international audit firm, has successfully completed a trial run of digitizing the supply chain process on multiple blockchains. The completing of the trial was announced on February 1, 2019. дальше »
2019-2-6 23:10 | |
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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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Uber air taxi partner unveils its Bell Nexus flying car
At CES, Fort Worth, Texas-based firm Bell revealed a full-scale model of its Nexus hybrid-electric air taxi that can take off and land vertically, and seat five people. The flying car/helicopter uses six tilting ducted fans to move through the air and make vertical take-off and landing (VTOL) maneuvers, and its hybrid propulsion system is said to allow for covering greater distances than a purely electric drivetrain. дальше »
2019-1-8 09:18 | |
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Fred Wilson: 2019 Will Find the Bottom and ‘Slowly’ Enter a Bull-Run
Fred Wilson, the co-founder of Union Square Ventures, holds that 2019 will see the cryptocurrency market bottom out and ‘slowly’ enter a new bull run. However, he’s also concerned by actions of ‘misguided’ regulators. дальше »
2019-1-4 04:00 | |
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Bitcoin Bull Novogratz Doubles Down On Crypto, Now Owns 80% Of Galaxy Digital
Bitcoin Bull Novogratz Nows Owns 80% Of His Crypto Firm Mike Novogratz, formerly of Fortress Financial, went all-in on crypto following his stint at Wall Street giant Fortress Investments. After retiring from the investment group in 2015, rumor has it that he went on a personal journey, finding Bitcoin (BTC) in the process. дальше »
2019-1-3 23:39 | |
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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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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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