Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro

American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major […]

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Chinese Crypto Fitness App Reportedly Under Investigation for Fraud

A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. Nikkei Asian Review reported the news on Dec. 18, citing documents ostensibly accessed by its affiliate publication, […]

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Controversial Australian Ex-Minister Enters Blockchain Insurance Space

Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Stephen Conroy — an Australian Labor Party Senate member from 1996–2016 […]

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Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?

New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching.  5AMLD — the Fifth Anti-Money Laundering Directive —  is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]

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