The FBI is attempting to investigate the movements behind the failed alleged ponzi scheme, which at one point was worth $2.5 billion. The United States Federal Bureau of Investigation (FBI) is seeking to contact investors in alleged ponzi scheme Bitconnect (BCC) that collapsed in January last year, a news statement confirmed on Feb. 20. As […]
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The University of Michigan’s $12 billion endowment plans to bolster its investment in the cryptonetwork technology fund. The University of Michigan’s $12 billion endowment plans to bolster its investment in a “cryptonetwork technology fund” (CNK Fund I) managed by American venture capital firm Andreessen Horowitz. The development was revealed in the agenda for the university’s […]
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Crypto wallet MyEtherWallet in collaboration with crypto finance firm Bity have launched a platform for the conversion of crypto to fiat without going through KYC requirements. Cryptocurrency wallet MyEtherWallet (MEW) in collaboration with crypto finance firm Bity are releasing a platform to convert cryptocurrency to fiat without Know Your Customer (KYC) requirements. MEW announced the […]
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Deutsche Boerse-operated derivatives exchange Eurex is reportedly planning to launch digital currency futures. Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21. People familiar with the matter reportedly told the Block that Eurex is […]
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The financial capital of the world can afford to be picky — but does it stifle fintech innovation? Recently the New York Department of Financial Services (NYDFS) grant statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of […]
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All of the top 20 coins by market cap are seeing red today, with total market capitalization around $133 billion. Thursday, Feb. 21 — cryptocurrency markets are slightly sliding down, with most major coins seeing some noticeable losses, according to CoinMarketCap. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is trading around $3,944, having […]
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Brazil-based Banco BTG Pactual SA has revealed its plans to release а security token, which could be purchased with Gemini Dollars or Ethereum. Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21. The token dubbed “ReitBZ” — which will be backed by distressed […]
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QuadrigaCX has transferred the remaining crypto assets from its hot wallets to Big Four auditing firm Ernst & Young. Canada’s now-offline QuadrigaCX cryptocurrency exchange has sent its remaining crypto assets from its hot wallets to Big Four auditing firm Ernst & Young (EY), according to the an official report EY published on Feb. 20. According […]
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A new attack uses a combination of known tools to target victims and use their hardware to mine Monero. A new hacking tool is propagating throughout the online community in an attempt to install cryptocurrency mining malware, researchers at security intelligence firm Trend Micro confirmed in a blog post on Feb. 20. Detected at the […]
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Binance Charity Foundation has launched blockchain-enabled donation program pilot in schools in Uganda. The charity arm of the world’s largest crypto exchange, Binance, has launched its pilot blockchain-based lunch program in African schools, according to a blog post on Feb. 21. Binance Charity Foundation (BCF) has rolled out its charity campaign “Lunch for Children” in […]
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