The UK Financial Conduct Authority (FCA) has put out details of the cloned firm LDC Crypto. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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LXDX, a firm providing high-performance exchange technology and services, has announced that it is launching a public digital currency exchange that brings the institutional tools of high finance to all investors. The company is led by CEO Joshua Greenwald, former SpaceX automation and propulsion engineer and founder of high-frequency trading firm Greenlight Trading. Lack of…
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CoolBitX, the secure crypto hardware wallet manufacturer, has just announced the launch of its CoolWallet S in the United States, encouraging secure crypto storage among mainstream audiences. CoolBitX is also announcing its partnership with the Litecoin Foundation and plans to open a US office in order to expand its American presence. The secure storage pioneer…
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After Goldman Sachs was said to launch a cryptocurrency trading desk this summer, which did not happen, now, another major US investment bank is on the "hunt" for creating a Bitcoin derivative product. Morgan Stanley is rumoured to be eyeing price return swaps that are actually tied to the "people's currency". As the price return…
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Bitcoin is definitely taking a plunge these days. The cryptocurrency is trading for around $6,500 at the time of this writing. Even hodlers seem anxious to see what will happen with the "people's currency". Walmart, on the other hand, is selling a different kind of Bitcoin - the Frankford ones - for as little as…
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FINRA has just announced that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, FINRA alleges that, from January 2013 through October 2016, Ayre attempted…
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The financial industry has not made up its mind when it comes to cryptocurrency regulation. However, one of the strictest regulators in the United States, The New York Department of Financial Services (NYDFS) has approved the launch of two stablecoins, both pegged to the US Dollar. The investors behind the project are the Winklevoss brothers,…
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BBlockchain FinTech company Blackmoon has announced the release of its Prime Meridian Capital token (BMxPMR). The BMxPMR token aims to bridge the gap between traditional and crypto investments through the inclusion of high portfolio transparency, flexible monthly liquidity, and audited fund structure. Available on the Blackmoon Platform Showcase, the BMxPMR token is an asset token…
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Huobi Group, the global blockchain asset financial service provider, has announced its plan to expand into Indonesia. The new exchange will list 123 tokens and incorporate a two-factor authentication (2FA) to help secure each digital asset. The Huobi Indonesia Digital Currency Exchange is built on Huobi Cloud platform and will cover Indonesia, while serving the…
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Advanced Blockchain AG has just announced its investment in WOM (Word of Mouth) Token. Established in 2018, WOM Token Ltd. is building a blockchain-based protocol that gives brands, content creators, publishers and social networks a way to monetize word-of-mouth recommendation content without any one central party exclusively profiting from the collective value created. WOM or…
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