Chilean Supreme court cancels previous rulings, allowing a state-owned bank to close the account of local crypto exchange Orionx. The Chilean Supreme Court has ruled against crypto exchange Orionx, allowing a state-owned bank to close its account, local news outlet Emol reported Dec. 4. The third chamber of the high court has revoked the decision […]
Continue Reading
Binance has shown how its upcoming decentralized wallet, order book and block explorer will work, vowing to make a testnet available “soon.” The world’s largest cryptocurrency exchange Binance revealed a second preview of its forthcoming decentralized exchange (DEX) in a video Dec. 4. Binance, which regularly tops global charts for the largest volume of cryptocurrency […]
Continue Reading
EOS’ governance model has attracted another round of criticism. This week, the EOS blockchain protocol angered decentralization proponents yet another time. Specifically, Starteos, one of EOS’ officially sanctioned Block Producers (BPs), appeared to publically offer its token holders financial rewards in return for their votes. Starteos’ vote-buying tendencies seem to fall in line with previous […]
Continue Reading
Poloniex is looking to get its own piece of the institutional pie by giving special treatment to institutional clients. U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4. Poloniex, which merged with financial services company Circle in February this year, currently ranks 47th […]
Continue Reading
Hyperledger announced Ursa, a modular cryptography software library meant to ease the development and interoperability of blockchains. The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4. According to the statement, as Hyperledger has matured, projects “have started to find a need for […]
Continue Reading
Thailand-based crypto exchange Satang has set a goal to raise nearly $10 million in a coming Security Token Offering, the funds of which it will invest in developing a wallet. Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication […]
Continue Reading
A U.S. Department of the Treasury official has urged crypto industry players to jointly fight against fraudulent activity and the misuse of digital currencies. The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech […]
Continue Reading
New York state financial regulators have authorized a blockchain-based payments system offered by a local commercial bank. The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department […]
Continue Reading
Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering under the $4,000 mark. Tuesday, Nov. 4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday’s losses, with Bitcoin (BTC) hovering under the $4,000 mark. Market visualization from Coin360 During the […]
Continue Reading
Binance’s CEO has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the near future. Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide […]
Continue Reading