Circle CEO draws YouTube-associated analogy to tackle cryptocurrency issues

2020-1-22 03:30

The World Economic Forum in Davos, Switzerland is underway right now and some of the most prominent personalities in the world would be gathering at the event over the next three days, including many The post Circle CEO draws YouTube-associated analogy to tackle cryptocurrency issues appeared first on AMBCrypto. origin »

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Brexit’s Uncertainty: Why Bitcoin’s Price is Set to Reach Record Highs by October 31st?

Bitcoin (BTC) has long been referred to as a ‘safe haven’ asset, protecting investors’ wealth in times of global uncertainty. In recent times, the pioneer cryptocurrency has witnessed growth (in adoption and value) in countries with geo-political and social issues such as the recent boost in price following the ongoing U.S-China trade war. On October […]

2019-8-12 18:50


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Standard Chartered Bank Issues First DLT-Powered Letter of Credit

In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More.

2019-8-8 13:00


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Binance Issues Statement on ‘False KYC Leak’; CEO Comments

Binance has formally denied that it has lost control of some of its user data as rumors continue to swirl around a possible hack. Hacker ‘Extorting’ Binance In a statement issued August 6, the major cryptocurrency exchange said it was investigating the claims, which revolve around a hacker demanding 300 BTC in return for withholding traders’ personal data, including passports.

2019-8-7 12:06


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Cryptocurrency and Blockchain Startups Funded by LongHash After Incubation Progam

LongHash, a blockchain incubator backed by the government of Singapore, has reported that the five startups had raised $9. 7 million after a 12-week stint in their accelerator. The startups are tackling a variety of issues from biometric key management to a wallet that allows companies to build and launch applications around a tokenized asset, asRead MoreRead More.

2019-8-2 15:00


KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares

Singapore-based cryptocurrency exchange, KuCoin was called out for discrepancies in their trading volume, and a bonus was issued to KCS holders. KuCoin released a statement with regard to this and listed “major causes” for these mismatches: “The average trading fee rate per account dropped as we have seen an increase in premium account holders that […] The post KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares appeared first on AMBCrypto.

2019-7-1 01:30


FATF Issues Draconian Crypto Recommendations: You Now Have 12 Months To Comply

The Financial Action Task Force (FATF) has issued a shot across the bow of the cryptocurrency industry, with interpretative notes and clarifications for virtual asset service providers (VASPs). The move comes a month after the task force warned in February that updates to its recommendations would be coming as early as this month.

2019-6-28 02:05


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Mt. Gox founder facing lawsuit for losing 80,000 BTC

Serial entrepreneur Jed McCaleb, and creator of the now-defunct Mt. Gox, is facing a lawsuit over his handling of the failed cryptocurrency exchange.   Former Mt. Gox traders Joseph Jones and Peter Steinmetz allege McCaleb was “fraudulent” and “negligent” in his representation of the exchange, partly leading to the loss of their Bitcoin when it was hacked in the notorious hacking incident from 2014, CoinDesk reports.

2019-6-26 14:47


Kraken Issues Security Alert To Users Of Punycode-Like Scam Using Their Domain Names

American cryptocurrency exchange Kraken has had a rather interesting relationship with the market, balancing between being an actual exchange and having a flawed system for liquidity. However, it seems to have found itself in more trouble, but not with Peter Brandt, like it has in the past. Instead, it appears that malicious actors are using […]

2019-6-23 00:16