R3 consortium member raises $10 million in a Series A funding round to launch a distributed ledger-based ID platform for credit union members. United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29. The […]
Continue Reading
The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex and drug trafficking. The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex […]
Continue Reading
sponsored A company says it has seen growth in Africa, as consumers seek alternatives to unstable currencies. A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market. Paxful says the volume of transactions it has processed from […]
Continue Reading
Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
Continue Reading
Sources claim that four major crypto exchanges, including Bithumb and Korbit, have opened a hotline in order to trace unusual transactions. Four major South Korean cryptocurrency exchanges have reportedly joined their forces in order to combat money laundering, sources told local news agency The Korea Herald on Monday, Jan. 28. Quoting a report from South […]
Continue Reading
Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin investors moved to gold during an interview. Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin (BTC) investors have moved to gold during an interview with CNBC published on Jan. 26. Van Eck declared that he thinks “that Bitcoin pulled a bit […]
Continue Reading
The CBOE has withdrawn their BTC ETF rule change application, while Wyoming introduces crypto-friendly legislation. Top Stories This Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange […]
Continue Reading
The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
Continue Reading
Crypto mobile wallet BRD has raised $15 million in a Series B funding round, with the aim to facilitate international expansion. Cryptocurrency mobile wallet BRD has raised $15 million in a Series B financing round supported by SBI Crypto Investment, according to a press release shared with Cointelegraph on Jan. 25. SBI Crypto Investment, a […]
Continue Reading
Agricultural giant Cargill will invest its digital engineering resources to develop Hyperledger Grid. United States-based agricultural conglomerate Cargill has announced that it is investing digital engineering resources to develop Hyperledger Grid, according to an announcement on Jan. 25. Hyperledger Grid is a recently announced project from Hyperledger that aims to streamline supply chains by using […]
Continue Reading