Trezor Urges Caution After Discovery of Hardware Wallet ‘One-For-One Copies’ On Sale

Hardware wallet Trezor has unearthed fake versions of its flagship wallet, ostensibly under manufacture in China. Cryptocurrency hardware wallet manufacturer Trezor issued a warning to users Nov. 19 after making what it called the “startling” discovery that rogue actors were creating and selling fake devices. Trezor, which together with Ledger and KeepKey forms one of […]

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Singapore’s Central Bank Finalizes Regulatory Framework for Crypto Payment Services

Singapore’s central bank has broadened its regulatory regime for payment providers to bring certain cryptocurrencies under its jurisdiction. The Monetary Authority of Singapore (MAS), the country’s central bank, has broadened its regulatory regime for payment providers to bring certain cryptocurrencies under its jurisdiction. The development was reported by English-language local broadsheet The Straits Times Nov. […]

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Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee

Huobi has engaged in regulatory conformity of another sort by fulfilling its obligation to set up a Communist Party chapter. The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed Nov. 16. Singapore-based Huobi, which was […]

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MILE Now Listed on BitForex: Fast, Free and Decentralized Blockchain for the Real Economy

BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]

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Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report

One of the world’s biggest auditors has put a newly bullish case for cryptocurrency’s ascent to a “full-fledged asset class.” Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ […]

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