The U.S. District Court for the Southern District of New York ordered cryptocurrency company Longfin to pay a total of $6.7 million in penalties. The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties. Falsely obtained qualification for […]
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Bitcoin bounces back from the drop to $7,800 but bulls are unsure whether the crypto market bottom is in? Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the […]
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Will Binance’s entry into the U.S. market pave the way for other prominent exchanges as well? From the outside looking in, the United States seems to present a host of amazing financial opportunities. However, when it comes to launching cryptocurrency exchanges or altcoin trading platforms, these possibilities start to dwindle and fade quite rapidly. In […]
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An overview of Ethereum starting with its rise, then through the two most significant regulatory events and what future is ahead. This article provides an overview of Ethereum’s rise, from conception through its initial coin offering (ICO) and beyond. Coinciding with the ICO came attempts to regulate and classify digital currency by multiple governmental and […]
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Director at Swiss crypto bank Sygnum and former CEO of the largest Swiss bank UBS sees an opportunity to tap the $220 billion cryptocurrency market. Peter Wuffli, the former CEO of Switzerland’s largest bank UBS and director at Swiss crypto bank Sygnum, wants to tap the “$220 billion market of institutions and private individuals who […]
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One of the Big Four banks in the U.K., Lloyds Bank, has partnered with blockchain platform Komgo to speed up international commodity trade finance. Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division. Blockchain to streamline international trade process On Sept. 25, United Kingdom financial news outlet FStech reported that […]
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Medici-backed agritech blockchain startup GrainChain plans to unite the coffee industry of Honduras with its platform. Agricultural startup GrainChain backed by Medici Ventures, the blockchain venture arm of online retail giant Overstock, plans to unite the coffee industry of Honduras by delivering its blockchain platform to a network of local stakeholders. The firm has signed […]
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Blockchain startups Vakt and essDOCS have signed a memorandum of understanding to digitize the post-trade process in European barge shipping. Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain. As markets and technology-focused outlet Benzinga […]
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Cryptocurrency exchange Seed CX is cutting its trading fees to one of the lowest levels in the industry in an attempt to gain additional market share. Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally. Competition heats up in crypto trading space On […]
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The U.K. Financial Conduct Authority has warned the public about a cryptocurrency investment clone firm called First BTC FX. The British Financial Conduct Authority (FCA) has warned the public about First BTC FX, a supposed clone firm offering fraudulent crypto investments. Using details of an FCA-authorized firm According to an FCA warning published on Sept. […]
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