Russia’s Ministry of Internal Affairs reported on the arrest of the alleged creator of a crypto pyramid scheme from Kazakhstan. Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially reported on May 28. The unnamed […]
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Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins. Iran’s plan to battle international sanctions through the use of a state-sponsored cryptocurrency has been brewing for over a year now. It’s been a viable and exciting option for a country that had been cut off from the global economic community […]
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Rakuten Wallet has partnered with blockchain security firm CipherTrace to assure AML compliance for the company’s upcoming crypto exchange. A subsidiary of Japanese e-commerce giant Rakuten, Rakuten Wallet, has partnered with blockchain security firm CipherTrace to assure Anti-Money Laundering (AML) compliance for the company’s upcoming crypto exchange. The development was announced in a press release […]
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The decision to lower the so-called stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin DAI by 2% has been executed. The decision to lower the so-called stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin DAI by 2% has been executed on May 28. The original vote for Maker (MKR) token holders was announced on the organization’s blog on […]
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Barclays and BOLD led a $5.5 million funding round for a blockchain-based invoice exchange. United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz’s blockchain-based global invoice exchange, according to a press release on May 28. According to the report, the blockchain-based […]
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Financial regulator BaFin has warned that cryptocurrency exchange CoinBene is not properly registered or licensed in Germany. The Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28. The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin […]
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Following Coinnest’s closure, South Korea’s bitcoin trading volumes reached an all-time high on LocalBitcoins. Bitcoin (BTC) trading volumes in South Korea have recently reached new levels on peer-to-peer (P2P) exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance. According to the data, bitcoin weekly trading volumes have surged over the past two weeks, […]
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Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]
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HDR Global Trading Limited has donated to the MIT Digital Currency Initiatives to conduct cryptocurrency-related research. The owner and operator of cryptocurrency exchange BitMEX has donated to the Massachusetts Institute of Technology (MIT) to conduct cryptocurrency-related research, according to an announcement published on May 28. HDR Global Trading Limited has made a donation to the […]
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Kik’s lawsuit aims to force the U.S. SEC to give a ruling which will help clarify their regulatory stance towards crypto and ICOs. Canadian tokenized social media startup Kik has launched a $5 million crypto initiative to fund a lawsuit against the United States Securities and Exchange Commission (SEC), Kik CEO announced in the crypto-focused […]
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