New Zealand: Financial Authority Blacklists Another Three Crypto Platforms Marked as ‘Suspected Scams’

New Zealand’s Financial Markets Authority has updated its blacklist with three suspicious crypto-related companies. New Zealand’s Financial Markets Authority (FMA) has added three more crypto platforms to its blacklist that warns about scams, a release by the FMA reveals Wednesday, Dec. 12. OneLife Network Limited and its associated entity OneCoin Limited were added to the […]

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Crypto Platform Cubits Begins Insolvency Procedure After Alleged Hack, Locks Users’ Funds

The cryptocurrency platform Cubits (Dooga) has battled alleged “collusion” over the disappearance of $32.8 million last February. United Kingdom-based cryptocurrency payment platform Cubits has filed for administration following a sudden outage that locked customer funds, a company press release revealed Dec. 11. The act of filing for administration means that an insolvent company has appointed […]

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SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony

U.S. SEC chairman Jay Clayton has said he is “optimistic” that developments in distributed ledger technology can bolster “capital formation.” United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.” Speaking as part of a […]

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Binance Tackles Cryptocurrency ‘Misinformation’ With Multilingual Educational Article Bank

Binance joins the various education initiatives seeking to provide reliable material on the industry. Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to fight “incorrect” and “misleading” information, a press release confirmed Dec. 12. Binance, which regularly tops the list of the world’s largest exchanges by volume […]

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Ukraine’s Former Prime Minister Proposes to Tackle Corruption Using Blockchain

Ukraine’s former prime minister Yulia Tymoshenko, who is planning to participate in the 2019 presidential elections, wants to combat corruption using blockchain technology. Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, […]

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KFC Venezuela Denies Accepting Dash Payments

KFC Venezuela has reportedly denied that it will soon accept Dash payments, but has confirmed negotiations with the company. The CEO of KFC Venezuela, Antonio Sampayo, has denied a recent announcement that it will start accepting major altcoin Dash (DASH), Spanish language crypto media Criptonoticias reports Monday, Dec. 10. Sampayo explained that KFC had discussed […]

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‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

Mike Novogratz has said that the ICO market is “dead right now” during an interview on the current state of the crypto industry. Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11. During the interview, Bloomberg asked Novogratz how coming from Wall Street made him different […]

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