Central Bank Digital Currency Is ‘Inevitable,’ says the Fed’s Patrick Harker

Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia. Patrick Harker, president of the Federal Reserve Bank of Philadelphia, is confident that central bank digital currencies are inevitable. As Reuters reported on Oct. 2, Harker expressed the idea that central banks — including the Federal Reserve — […]

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HitBTC Claims Startup Faked Balances as it Denies Freezing $20M Worth of Crypto

Allegations by Atlas Quantum are unfounded, HitBTC officials say, pointing to incorrect balance formatting in a publicity video. Cryptocurrency exchange HitBTC has denied allegations that it froze Brazillian investment startup Atlas Quantum’s funds, claiming the evidence is forged. Atlas Quantum claims the exchange froze $20.7M In a Twitter argument which began on Oct. 2, the […]

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Pantera Capital Leads $5M Seed Round of Decentralized Derivatives Startup

Crypto hedge fund Pantera Capital leads a $5 million strategic seed round of decentralized derivatives protocol Vega. Pantera Capital has led a $5 million strategic seed round of decentralized derivatives protocol Vega. According to the announcement published on Oct. 3, the round included participants such as Ripple’s investment arm Xpring, Hashed, NGC Ventures, gumi Cryptos […]

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Mt. Gox Trustee Contacts US DOJ in Connection with Vinnik Investigation

Mt. Gox’s rehabilitation trustee has contacted the United States Department of Justice in search of information about the alleged former BTC-e operator Alexander Vinnik. Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt. Gox, has contacted the United States Department of Justice (DOJ) in search of information about Alexander Vinnik, the alleged former operator […]

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Coinbase’s Chief Legal Counsel Tackles Crypto Ratings Concerns

The chief legal counsel at Coinbase responds to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council. Brian Brooks, the chief legal counsel at major United States digital wallet and exchange Coinbase, has responded to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council. In an interview […]

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Venezuelan Exchange Rolls Out Crypto Debit Card with Petro Support

Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale system. Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system. “Crypto transfer device” supports four currencies According to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank” […]

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Bithumb Global to Launch Regulated Crypto Exchange in India: Report

South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India, a report says. South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India. The firm is planning to expand its services to India by partnering with local crypto exchanges, […]

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Wallet Provider Blockchain.com Sees a String of Exec Departures: Report

U.K.-based cryptocurrency data and wallet provider Blockchain.com has come under the spotlight after a string of executive departures. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has come under the spotlight after a string of exits by company employees. Citing sources familiar with the matter, an article published by The Information on Oct. 2 claims […]

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