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Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it
Online challenger bank, Revolut, has just introduced a new feature which makes it easier to protect yourself from volatile cryptocurrencies. Earlier this week, Revolut launched what it is simply calling its “auto-exchange” feature, which will allow users to automatically exchange two currency pairs – fiat and cryptocurrency – when the pair hits a specific exchange rate. дальше »
2019-3-8 19:48 | |
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AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama
Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus. дальше »
2019-3-8 22:57 | |
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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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Maduro Scoops 8 Tons of Venezuelan Central Bank Gold for Illegal $340 Million Cash Swap
Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week. дальше »
2019-3-2 17:05 | |
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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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Indian Supreme Court Gives Government 4 Weeks to Produce Crypto Regulation
The Supreme Court of India has reportedly given the Indian government four weeks to come up with cryptocurrency regulations before making its ruling on pending crypto cases. The court was set to hear the petitions against the crypto banking ban by the central bank this week. дальше »
2019-2-25 12:50 | |
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Indian Supreme Court Gives Government 4 Weeks to Produce Cryptocurrency Regulation
The Supreme Court of India has reportedly given the Indian government four weeks to come up with cryptocurrency regulations before making its ruling on pending crypto cases. The court was set to hear the petitions against the crypto banking ban by the central bank this week. дальше »
2019-2-25 12:50 | |
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Moonday Mornings: The institutions are coming for your blockchain
It’s Monday, you know what that means. It’s time for Moonday Mornings, Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain news. By no fault of our own, this week, things are a little different. дальше »
2019-2-25 12:48 | |
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Bank of Valletta: €13M Cyberattack Highlights Bitcoin’s Strength
Yet another financial institution, Malta’s Bank of Valletta, has fallen victim to a cyber attack, rendering many clients, both individuals, and businesses, unable to access their funds. A week after the attack, the issue reportedly persists, highlighting the need for decentralized and stable alternatives. дальше »
2019-2-25 23:00 | |
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Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries
Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3. 7 billion euros (~$4. 2 billion) for money laundering. дальше »
2019-2-21 18:18 | |
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Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point
JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin. ’ Garlinghouse: JPM Coin ‘Misses The Point’ The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed it to the press this week. дальше »
2019-2-15 18:00 | |
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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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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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Crypto Bank Seba and Swiss Mortgage Provider Hypothekarbank Partner to Apply Decentralized Technology
Switzerland-based crypto bank Seba Crypto AG has reportedly partnered with a Swiss mortgage provider to use its core banking system called Finstar. The report comes from the German version of Cointelegraph, which reported the news last week. дальше »
2019-2-5 11:41 | |
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QuadrigaCX Plot Thickens; Money Starts Moving Following CEO’s Death
QuadrigaCX, which was once Canada’s leading cryptocurrency exchange, has endured plenty of problems over the past year including a bank freeze, legal disputes, and other troubles. Last week, the exchange filed for creditor protection, citing “significant financial issues” as the cause. дальше »
2019-2-5 00:43 | |
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Crypto Tidbits: VanEck Refiles Bitcoin ETF, Wall Street Giant To Launch Custody
Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood. дальше »
2019-2-3 21:00 | |
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Lessons of the Week and Lessons for the Week
The past week with the number 4, January 21-27, already cracked by events in fiat markets. But she was routinely quiet on the part of the crypt. What will bring the week number 5, January 28 – February 3? Cryptocurrencies do not make sense? Analysts of the infamous bank JP Morgan made a provocative statement […] дальше »
2019-1-29 21:29 | |
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Hodler’s Digest, Jan. 21–27: Top Stories, Price Movements, Quotes and FUD of the Week
The Bank of International Settlements is bearish on Bitcoin’s proof-of-work system, while the CBOE has withdrawn their BTC ETF rule change application
дальше »2019-1-27 18:57 | |
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Dutch Bank ABN AMRO Isn’t Opening up a Bitcoin Wallet Yet, But Surveys Customers for Potential Plans
Earlier this month, there had been some speculation that ABN AMRO would be launching their own Cryptocurrency wallet. However, the rumors have since been clarified by the Dutch Bank as false. It all started last week when the bank Implied on Twitter that they would be trying out a new Cryptocurrency wallet called ‘Wallis’ with […] дальше »
2019-1-24 22:15 | |
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Bermuda Looks To Open A New Cryptocurrency-Friendly Bank Very Soon, Announced At Davos WEF
Bermuda Would Be Launching A New Crypto-Friendly Bank As Soon As Next Week Bermuda is trying to offer crypto-friendly services to companies around the world. This is why the country decided to announce that it will be launching a crypto and blockchain friendly bank. дальше »
2019-1-24 22:00 | |
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ABN AMRO isn’t making a Bitcoin wallet – but it might
There are a multitude of options when it comes to deciding where and how to store your cryptocurrency and the security keys that make it all possible. You could store your coins in hardware wallets, software wallets, on the exchange you bought them from, or use some other custodial service to look after them for you. дальше »
2019-1-24 16:17 | |
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Kuwait Financial House Launched an Instant Cross-border Remittance Service Using Ripple’s Blockchain Technology
Kuwait Financial House announced in a tweet last week that the company started operating an instant cross-border remittance service through Ripple’s blockchain. The service was made available to beneficiaries at the Saudi Al Rajhi Bank in Saudi Riyal (SAR) with no remittance fees. дальше »
2019-1-21 17:59 | |
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Living on Bitcoin Day 4: The Uphill Climb
This is the fourth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 and on Day 3. дальше »
2019-1-19 00:10 | |
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South Africa Wants to Mandate Registration of Crypto Service Providers
A regulatory working group in South Africa, which includes the country’s central bank, has released a consultation paper on crypto assets this week. According to the document, all exchanges, wallet providers, Bitcoin ATMs and payment processors will have to register with the government in 2019. дальше »
2019-1-18 00:25 | |
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Cryptocurrency Still a Gray Area in Malaysia After Government Deems It ‘Neither Legal nor Illegal’
Malaysia’s government still hasn’t made up its mind on what to do with cryptocurrencies. The country’s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. дальше »
2019-1-13 06:20 | |
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France Starts Selling Bitcoin At 6 Tobacco Shops – 6,500 By Next Month
An initiative to sell Bitcoin (BTC) in France’s 24,000 tobacco kiosks has tentatively launched despite votes of no confidence from the central bank and other sources. 6 Tobacconists Today, 6500 By February As Reuters reported January 8 quoting organizer Adil Zakhar, six ‘Tabac’ shops in Paris began offering prepaid Bitcoin cards this week, with plans to roll out the scheme in rapid fashion to over 6500 as soon as next month. дальше »
2019-1-9 16:00 | |
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Ripple Announces Euro Exim Bank In London To Be First Official Bank Endorsing XRP And Five More Partnerships
XRP is the world’s third largest digital currency by market cap. This past week, XRP’s largest holder, Ripple, announced five new banking partnerships to bolster the digital currency. XRP ended 2018 as the world’s second most valuable cryptocurrency. дальше »
2019-1-9 13:20 | |
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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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Venezuelan Government Converts Pension Payments to Petro Without Consent
Pusers can still convert their Petros back into bolivars and transfer them to a bank account, but that option isn’t easily accessible on the website. The financial overhaul of the Venezuelan economy is based on a cryptocurrency called Petro, at least for the Maduro-led government. дальше »
2018-12-15 17:59 | |
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Deutsche Bank Gets Raided After Calling Bitcoin a Risk for Criminal Activity
Deutsche Bank headquarters got raided this week as another bank that regularly criticizes Bitcoin is again suspected of money laundering. Deutsche Bank Haunted by Panama Papers As Bloomberg reported November 29, an investigation into two employees at the lender has even resulted in its Frankfurt headquarters being searched, with shares falling almost 5 percent. дальше »
2018-11-29 16:00 | |
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France’s Regulators Issues Warning over Purchasing Bitcoin from Tobacconists
French financial regulators and the national central bank have responded to the news that tobacco shops will start selling Bitcoin in 2019. In the post, they reiterate the risks associated with investing in or trading digital assets. дальше »
2018-11-26 23:00 | |
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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms
Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18. дальше »
2018-11-22 19:23 | |
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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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German Bitcoin exchange buys investment bank
We often hear about how Bitcoin is trying to disrupt the financial industry. Well, it turns out one German cryptocurrency startup has cut out the middleman and just bought a bank. Earlier this week, German cryptocurrency exchange Bitcoin Group SE announced it has successfully bought a 100-percent stake in an investment bank, Tremmel Wertpapierhandelsbank GmbH. дальше »
2018-11-15 15:52 | |
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IMF Chairwomen: ‘We Should Consider Issuing Central Bank Digital Currencies’
Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore. дальше »
2018-11-14 22:30 | |
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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies
Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. дальше »
2018-11-14 15:00 | |
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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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Tether New Banking Partner Deltec is Under Investigation for Receiving Suspicious Transactions
Tether and Deltec Bank & Trust has been together in the media frequently lately for the rumors of a new banking relationship. Only last week, Tether posted on Twitter to confirm the partnership, despite refraining from any type of comment for the weeks preceding it. дальше »
2018-11-7 02:56 | |
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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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Word on the Street: Tether resumes peg but bank relationship still dubious
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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Word on the Street: Tether resumes peg, announces new bank relationship
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P 500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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No plans for digital currency, says Bank of Japan
Speaking at a lecture in Nagoya last week, Bank of Japan executive Masayoshi Amamiya confirmed that the country has no plans to issue a Central Bank Digital Currency. дальше »
2018-10-30 15:00 | |
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Tether May Be Holding Reserves At Bahamas-based Deltec Bank Amid Controversy
Tether May Be Holding Reserves At Bahamas-based Deltec Bank Just last week BitcoinExchangeGuide had reported that Deltec Financial & Trust Services is reportedly being used by Bitfinex and Tether. дальше »
2018-10-16 19:29 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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World Bank Group Chief Says Blockchain Has ‘Huge Potential’ After Bond Success
The president of the World Bank has said Blockchain holds “huge potential” and that “embracing technology” is essential to it meeting its aims. Kim: World Bank ‘Not Keeping Up’ Speaking at the joint annual meetings event with the International Monetary Fund (IMF) this week, World Bank president Jim Yong Kim mentioned both cryptocurrency and distributed-ledger technology (DLT) within the context of Blockchain. дальше »
2018-10-12 05:00 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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