bloomberg Archives - Page 53 of 82

BitOasis Secures Preliminary Approval With UAE Financial Regulator

May 13, 2019cashtechnews

BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of the Abu Dhabi Global Market. United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13. Founded in 2015, BitOasis claims to be the Middle East’s first digital currency wallet that uses multi-signature technology. […]

Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

May 13, 2019cashtechnews

Every PAX deposited on the company’s platform can now be immediately sent as USD to a bank account. The company behind the Paxos Standard (PAX) stablecoin announced that its users can now instantaneously redeem unlimited amounts of its tokens for United States dollars. The development was described in a blog post published on May 13. […]

Hodler’s Digest, May 6–12: Top Stories, Price Movements, Quotes and FUD of the Week

May 12, 2019cashtechnews

Fidelity may soon offer crypto trading, Facebook Coin may be launched in Q3 2019, and more. Top Stories This Week Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach Binance, one of the largest cryptocurrency exchanges by daily trade volume, experienced a security breach this week, losing a little over 7,000 bitcoins (BTC). CEO […]

US Senate Banking Committee Presses Facebook for Info on Crypto Project

May 10, 2019cashtechnews

The U.S. senate is seeking information on Facebook’s secretive cryptocurrency project. The Committee on Banking, Housing, and Urban Affairs of the United States Senate is seeking information on Facebook’s reported cryptocurrency project. The committee addressed its concerns to Facebook founder and CEO Mark Zuckerberg in a letter on May 9. In a series of questions, […]

Binance-Backed Crypto Bank Appoints Deutsche Bank Executive as New CEO

May 10, 2019cashtechnews

Malta-based cryptocurrency bank Founders Bank hired former Deutsche Bank executive Kenan Altunis as its new CEO. Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9. Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related […]

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

May 9, 2019cashtechnews

Joseph Lubin, founder of blockchain tech company ConsenSys, said that the situation with cryptocurrency trading platform Bitfinex will not likely get better. Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9. Speaking at the Fluidity Summit conference, Lubin said […]

Facebook May Announce FB Coin Stablecoin in Q3, Say Anonymous Sources

May 9, 2019cashtechnews

Speaking to mainstream media, insiders said a reinvented “PayPal Mafia” had started working at the firm’s blockchain division. Social networking giant Facebook is hiring PayPal staff ahead of its alleged cryptocurrency launch, Bloomberg reported on May 8. Facebook, which has courted rumors over its planned entry into blockchain and payments for around a year, could […]

Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

May 9, 2019cashtechnews

More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]

Bloomberg: Major Crypto Traders Meet to Establish Industry Blacklist, Standards

May 8, 2019cashtechnews

A group of 35 largest cryptocurrency traders is reportedly mulling the idea of creating a blacklist of counterparties engaged in nefarious activities. A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, Bloomberg reported on May 8. At a meeting in Chicago […]

Blockchain Capital Partner Spencer Bogart: Facebook Could Double or Triple Crypto Users

May 8, 2019cashtechnews

Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg […]

Tag: bloomberg

BitOasis Secures Preliminary Approval With UAE Financial Regulator

Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

Binance-Backed Crypto Bank Appoints Deutsche Bank Executive as New CEO

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

Facebook May Announce FB Coin Stablecoin in Q3, Say Anonymous Sources

Bloomberg: Major Crypto Traders Meet to Establish Industry Blacklist, Standards

Terms & Conditions

Follow Cash Tech News

Cash Tech News

Get Daily Articles by Email