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Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange

June 18, 2020cashtechnews

Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam. Bitisis, an Iran-based cryptocurrency exchange platform targeting Chinese investors with investment opportunities, has reportedly pulled an exit scam. Chinese police are currently investigating the exchange’s disappearance, with the platform appearing to have transferred users’ assets to three […]

PieDAO Launches USD++ to Reduce Risks With ‘Unstable-Coins’

June 18, 2020cashtechnews

PieDAO has launched its USD++ protocol, comprising a hedged basket of Ethereum-based stablecoins designed to reduce risks for long term DeFi users. PieDAO has launched USD++, a hedged basket of USD-denominated Ethereum (ETH)-based stablecoins. The decentralized organization is aiming to reduce the risks associated with holding stablecoins over the longer term and using decentralized finance […]

CoinShares, Ledger and Nomura Release Long-Awaited Custody Platform

June 18, 2020cashtechnews

Global investment bank Nomura, hardware wallet manufacturer Ledger, and digital asset manager CoinShares, have released an institutional-grade custody platform to the wider market. Global investment bank Nomura, digital asset manager CoinShares, and hardware wallet manufacturer Ledger, have finally launched their institutional-grade custody platform Komainu to the wider market. They’re billing Komainu as the first hybrid […]

Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?

June 18, 2020cashtechnews

CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation? Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing. A project […]

Judge Orders Mark Karpeles To Face Fraud Suit From 2014

June 18, 2020cashtechnews

A U.S. District judge has dismissed the summary judgment request of the former Mt Gox CEO in a lawsuit from 2014 accusing Mark Karpeles of fraudulent misrepresentation. A judge has ruled the former chief executive of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, must face a lawsuit alleging fraud filed back in 2014. On June […]

Singapore Carpooling App Ryde Launches Wallet for BTC Payments

June 17, 2020cashtechnews

Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service. Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service. In an announcement shared with Cointelegraph on June 17, Ryde claims to be the […]

Bitcoin Broker River Financial Announces $5.7M Seed Round

June 17, 2020cashtechnews

The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital. San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million in a new seed funding round. In an update posted to the company website on June 17, River Financial stated […]

Zoom Will Offer End-to-End Encryption to All Users

June 17, 2020cashtechnews

The video conference app will launch its end-to-end encryption in July 2020 in a beta stage for both free and paid users. On June 17, the popular video conference app, Zoom, officially announced that end-to-end encryption, or E2EE, has finally arrived for their software. It will be provided to both free and paid users, so […]

BTC Investors Bullish Even as Bitcoin Price Is Below $10K — On-Chain Data

June 17, 2020cashtechnews

Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish. Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset on CoinMarketCap has been […]

Binance CEO CZ Explains Why He Disabled Twitter Comments

June 17, 2020cashtechnews

Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially. Known for his social media-involved leadership of crypto exchange giant Binance, CEO Changpeng Zhao, or CZ, said he disabled Twitter comments on his posts to weed out the scammers. “To better respond and engage,” CZ told Cointelegraph he partially […]

Category: All News

PieDAO Launches USD++ to Reduce Risks With ‘Unstable-Coins’

CoinShares, Ledger and Nomura Release Long-Awaited Custody Platform

Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?

Judge Orders Mark Karpeles To Face Fraud Suit From 2014

Singapore Carpooling App Ryde Launches Wallet for BTC Payments

Bitcoin Broker River Financial Announces $5.7M Seed Round

BTC Investors Bullish Even as Bitcoin Price Is Below $10K — On-Chain Data

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