Crypto exchange trade.io has announced that it is offering a USD $250,000 equivalent bounty to anyone who supplies information that leads to the legal arrest of the bad actors involved in the attempted breach on trade.io on Saturday October 20th, 2018. In the latest response to the recent unauthorized access of 50M TIO from a single trade.io cold…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Bitcoin Revolution Limited. Bitcoin Revolution Limited Website: www.bitcoinrevolutionapp.com; www.pro-net-system.com Reason for warning: It could be involved in a scam. Articles posted on social media about The New Zealand Treasury and/or current or former prime ministers investing in bitcoin are false.…
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Financial Services Superintendent Maria T. Vullo has just announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase Custody Trust Company LLC, a wholly-owned subsidiary of Coinbase Global, Inc., to operate as a limited purpose trust company. Coinbase Inc. has held Money Transmitter and Virtual Currency licenses from…
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The blockchain and cryptocurrency market are constantly facing regulatory backlash from around the world. The SEC in the US has just launched a special fintech office to better understand, and eventually, help regulate the ever growing market. Now, China has stepped up and has proposed certain blockchain-related regulations that may help the rest of the…
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Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, NatWest, SEB and Standard Chartered in partnership with Bain, CryptoBLK and R3 launch open industry platform, corporate customer pilot programme and technology partner programme on the Corda Network The Voltron initiative has launched the open platform for documentary trade, targeting production on R3’s Corda Enterprise blockchain platform…
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CoolBitX, the secure crypto hardware wallet producer, has just announced its partnership with Circle, the global crypto finance company. CoolWallet S users can now store the USDC stablecoin on their secure hardware wallet and swap it out for other digital assets any time, any place. The value of digital assets can fluctuate significantly daily, making…
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JMP Group LLC, a leading San-Francisco-based investment banking and asset management company, released its cryptocurrency findings for 2017 and shared an outlook on the M&A activity in the digital coin market for 2018. According to the research, cryptocurrency M&A activity was not correlated with the pressure that has hit the overall cryptocurrency market in 2017.…
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The U.S. Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with cryptocurrency transactions and a purportedly registered public offering of preferred stock. The SEC’s trading suspension order says that two August 2018 press releases issued by Nevada-based American…
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Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) has announced that it has become the first bank worldwide to offer its clients the opportunity to participate in Initial Coin Offerings (ICOs). ICOs are a new way for companies to raise money via crowdfunding using blockchain technology. This opens new opportunities for Swissquote clients to…
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NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin…
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