ICObench report: ICOs completed in the first half of January have raised $160 million, about 33 percent of the combined amount secured in December. Initial coin offerings (ICOs) completed in the first half of January have raised around $160 million. The figure was provided in a report by ICO rating service ICObench shared with Cointelegraph […]
Continue ReadingThe head of the Canadian Bankers Association has suggested blockchain has a specific use case in open banking structures. A Canadian banking group supports the idea of using blockchain technology as part of a digital ID system for residents, national news agency The Canadian Press reported via various local media outlets on Jan. 15. Speaking […]
Continue ReadingBitMEX says there are major inaccuracies in a recent report that alleged the exchange was closing U.S. and Québec residents’ accounts. Major crypto derivatives trading platform BitMEX says there are major inaccuracies in a recent media report that alleged the exchange was closing United States and Québec residents’ accounts due to a regulatory crackdown. Cointelegraph […]
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The number of crypto ATMs installed worldwide has surged past the 4,000 mark, despite persistently bearish market action. The number of crypto automated teller machines (ATMs) installed worldwide has surged past the 4,000 mark, data from industry statistics aggregator Coin ATM Radar indicates on Jan. 10. The current rate of growth is 4.9 new ATMs […]
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CG Blockchain, a company affiliated with trading service Blockchain Terminal, is being sued by U.S. financial research company FactSet for a breach of contract. United States financial research company FactSet has filed a lawsuit against a company affiliated with professional trading service Blockchain Terminal (BCT), according to documents published by the Supreme Court for the […]
Continue Reading2018 recorded both the highest point of growth of the ICO market and the most severe downturn since 2017. Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. The ICO market data is provided by ICObench, based […]
Continue ReadingChinese banking blockchain platform will be built with funds from various banks and the United Nations Development Bank. China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29. The project, formally dubbed the ‘China Trade Finance Inter-bank Trading […]
Continue ReadingMorgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the […]
Continue ReadingEx-Goldman Sachs partner Mike Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded. Ex-Goldman Sachs partner Mike Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded, Bloomberg reports on Jan. 2. Novogratz, who also serves as chief executive officer of the bank, now reportedly owns […]
Continue ReadingOfficials have confirmed the country’s FASAH trade platform was linked with TradeLens. Customs authorities in Saudi Arabia have concluded a pilot scheme linking its cross-border trade platform FASAH with IBM and Maersk’s TradeLens blockchain platform. A press release from Dec. 26 reported the pilot’s conclusion. TradeLens, which IBM and Maersk created in August last year, […]
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