Execs from ‘99% fake’ exchange face charges over market manipulation

Police have charged Coinbit chairman Choi Mo and two unnamed executives with fraud and forgery related to market manipulation and prosecutors are preparing the case. South Korean authorities have charged executives of what was once the country’s third-largest cryptocurrency exchange, Coinbit, over market manipulation allegations. According to news outlet News1, prosecutors are preparing a case […]

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JPMorgan exec: Softer stance on Bitcoin but we’ve always been pro-blockchain

Banking executive says JPMorgan has been active in blockchain for a while. Contrary to public perception, JPMorgan Chase has always been pro-blockchain, says the multinational investment bank’s head of wholesale payments, Takis Georgakopoulos. In a live discussion with Nasdaq reporter Jill Malandrino at this year’s Blockshow in Singapore, Georgakopoulos said JPMorgan has always viewed the […]

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Algorithmic stablecoin project Neutrino launches staking for its governance token

The Waves-backed project will share a portion of protocol fees with NSBT holders. The Neutrino Protocol, a project building algorithmic cross-platform stablecoins, announced Tuesday the launch of staking rewards for its governance and utility token, NSBT. Neutrino uses an innovative mix of collateral backing and algorithmic supply changes to create a wide range of fiat-pegged […]

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SBI’s digital asset branch and SIX exchange plan joint crypto venture

The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new […]

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