The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]
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Institutions like Fidelity have not shelved their crypto plans completely, and are moving ahead with trading and custody projects. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making […]
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Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling. Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling, the firm’s co-founder and president Hartej Sawhney told Cointelegraph on Feb. 1. While stating that […]
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More and more crypto companies are taking the route of a reverse IPO, but will it pay off? In a transaction that has all the hallmarks of a reverse initial public offering (IPO) — also called a reverse merger — OKC Holdings Corp., which is the parent company of OKCoin and OKEx (the world’s second-largest […]
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Proof-of-stake token investors have a unique option to survive the protracted crypto market slump: staking their holding for the block rewards. A Bloomberg article published today, Feb. 1, suggests that proof-of-stake (PoS) token investors have a unique option to survive the protracted crypto market slump: staking their holdings. In blockchains that use a PoS system […]
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The top 20 cryptocurrencies are reporting moderate to heavy losses, with Bitcoin under $3,450 again. Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, […]
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The results of a survey appeared to sway Korean lawmakers, who had previously debated lifting the 18-month-old ban on domestic ICOs. South Korea will continue to ban initial coin offerings (ICOs) in the country, state financial regulator the Financial Services Commission (FSC) confirmed in a press release Jan. 30. Unveiling the results of a survey […]
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Officials say the ongoing low price of their XEM token and poor spending efficiency have led to the need for an urgent restructure. Blockchain asset management platform NEM (XEM) announced it had completely reformed its non-profit NEM Foundation amid financial difficulties in an announcement Jan. 31. The Foundation, which previously had a budget with a […]
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Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk. Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25. Major Chinese digital payments providers, Alibaba’s Alipay and […]
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Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year. Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018. At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, […]
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