Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
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The valuation of the crypto market dropped $10 billion following the expiration of Bitcoin futures contracts. On Jan. 29, the valuation of the crypto market plunged by more than $10 billion within a 48-hour period, from $121 billion to $111 billion. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) recorded losses in the range […]
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The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]
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The Director of Data Science and Risk at U.S.-based crypto exchange Coinbase has stepped down. The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31. In his Medium post, Ranjan reflected on the […]
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20-year-old Joel Ortiz to serve 10 years in prison after pleading guilty to stealing $5 cryptocurrency with SIM swapping. After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of […]
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Wyoming legislature passed a bill to allow for the regulation and recognition of cryptocurrencies as money. In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be recognized as money on Jan. 31, according to the state legislature website. On Jan. 18, Wyoming legislation presented the bill, which […]
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Germany’s second largest stock exchange, Boerse Stuttgart Group, has launched an app that allows euro-crypto trading. Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official tweet today, Jan. 31. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary […]
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Leading crypto exchange Binance is adding support for credit card crypto purchases for some cryptos, via its partnership with payment processor Simplex. Leading cryptocurrency exchange Binance is adding support for credit card crypto purchases through its partnership with payment processor Simplex, according to a press release shared with Cointelegraph Jan. 31. Changpeng Zhao, Binance’s CEO, […]
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Forthcoming Ethereum hardware hackathon ETHDenver is partnering with UNICEF on a bounty token to incentivize developers to create projects which promote social good. Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers […]
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A South Korean fintech firm has released KRWb, which is purportedly the first stablecoin tied to the value of the South Korean won. South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29. There was an initial […]
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