Solidus Labs, a trade surveillance firm backed by Goldman Sachs fintech veterans, raised $3 million from Hanaco Ventures. Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20. Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs fintech engineers. […]
Continue Reading
From Venezuela to India, crypto is being increasingly used in times of economic crisis. Just when it seemed like the economic and political situation in Venezuela couldn’t get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 […]
Continue Reading
Coinbase announced that support for Bitcoin Cash (BCH) has been added to its Coinbase Wallet app. United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Bitcoin Cash (BCH) to its Coinbase Wallet, according to an announcement published on Feb. 19. The update states that users can now store Bitcoin Cash on […]
Continue Reading
Stablecoins will play a major role in crypto adoption, especially in developing countries, a new study from crypto entrepreneurs shows. Stablecoins will play a key role in mainstream adoption of crypto technologies, according to a report published by California-based stablecoin startup Reserve on Wednesday, Feb. 20. The report, entitled “The State of Stablecoins 2019: Hype […]
Continue Reading
The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the […]
Continue Reading
The new cooling-off period is the latest in a lengthy battle to get a Bitcoin ETF to market. United States regulator the Securities and Exchange Commission (SEC) says it will shortly commence the countdown period to approval or disapproval of the VanEck/SolidX Bitcoin exchange-traded fund (ETF). The news was announced in an unpublished notice that […]
Continue Reading
Binance has launched the testnet of its new decentralized exchange, Binance DEX, which is based on the Binance Chain and supports hardware wallets. Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20. Per Binance, the exchange, powered by […]
Continue Reading
Major Japanese trading company is looking to leverage blockchain technology through a deal with LO3 Energy. Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20. Marubeni, which has expanded beyond Japan into the […]
Continue Reading
Tesla CEO Elon Musk said that Bitcoin is “a far better way to transfer value than pieces of paper,” during an interview on the advisory services firm ARK Invest’s podcast. Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to […]
Continue Reading
A Nova Scotia supreme court justice has chosen the legal representatives for clients of Canada’s major crypto exchange QuadrigaCX. The Supreme Court of Nova Scotia has ordered Canadian law firms Miller Thomson and Cox & Palmer to represent customers of cryptocurrency exchange QuadrigaCX in upcoming proceedings. The ruling was announced in a court filing published […]
Continue Reading