The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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Transactions left a wallet that likely belonged to the exchange after the death of its CEO, research alleges. Embattled Canadian cryptocurrency exchange QuadrigaCX reportedly never had the $190 million in Bitcoin (BTC) it supposedly lost access to when its CEO unexpectedly died, new research claimed on Feb. 5. The report, published on cryptocurrency portal Zerononcense […]
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A copy of the bank book from the exchange’s trustee reportedly made it out of Tokyo District Court The trustee for the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on trading platform BitPoint. Cointelegraph Japan reported on the development on Feb. 5, citing […]
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Crypto exchanges have reportedly started the year with smaller trading volumes, marking new lows that have not been recorded since 2017. Trading volumes on cryptocurrency exchanges have dipped to new lows in January, according to an analysis published by crypto and blockchain research firm Diar on Feb. 4. Since the beginning of the year, digital […]
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Crypto Facilities will continue operating from London under its new owner, Kraken, following a “nine-figure deal.” United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4. Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial […]
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An Indian governmental committee is reportedly concerned by the impact that crypto could have on the country’s fiat currency, if it is allowed to be used for payments. An Indian governmental committee is concerned by the impact that cryptocurrency could have on the rupee, if it is allowed to be used for payments, according to […]
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Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews. Top Stories This Week SWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link […]
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CoinLab has reportedly filed a $16 billion claim against the now-defunct cryptocurrency exchange Mt. Gox. CoinLab has reportedly filed a 1.7 trillion JPY ($16 billion) claim against the now-defunct cryptocurrency exchange Mt. Gox, according to an alleged photo of the filing document posted on Reddit on Feb. 1. As Cointelegraph reported in its Mt. Gox […]
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The Manhattan District Attorney has announced New York’s first prosecution for SIM swapping, which resulted in the theft of $10K in crypto. Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release […]
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A liquidity crisis at Canadian crypto exchange QuadrigaCX is the result of lost access keys for the exchange’s cold wallets. Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1 Citing […]
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