Regtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingMost of the top 20 cryptocurrencies have dropped today, with Cardano losing more than 4 percent while Tezos is up 5.7 percent. Monday, March 25 — crypto markets have continued trading sideways, with Bitcoin (BTC) holding the $4,000 threshold at press time, according to data from CoinMarketCap. Most of the top 20 cryptocurrencies by market […]
Continue ReadingCryptocurrency markets are experiencing mixed signals, with Bitcoin trading around $3,920. Thursday, March 14 — cryptocurrency markets are trading sideways, with some major coins making minor gains on the day, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is up less than one percent over the past 24 hours, and is trading […]
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A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]
Continue ReadingGlobal financial messaging network SWIFT is carrying out a DLT-based shareholder e-voting proof-of-concept in the first half of this year. Global financial messaging network, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), is carrying out a blockchain-based shareholder e-voting proof-of-concept (PoC) with major financial institutions. SWIFT announced the news in a press release published on […]
Continue ReadingIranian Bitcoin hackers used the WEX exchange to launder Bitcoin acquired through ransomware, according to a PwC report. Big Four consulting and auditing company PwC has linked Iranian nationals behind Bitcoin (BTC) ransomware scheme SamSam to the crypto exchange WEX in a recent report published in February. The report is based on information that […]
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Samsung’s new smartphone will have storage for crypto private keys, and Elon Musk thinks Bitcoin has a brilliant structure. Top Stories This Week Tesla CEO Elon Musk Compliments Bitcoin’s Structure, Sees Future With No Paper Money Elon Musk, tech entrepreneur and CEO of Tesla, said this week in an interview that Bitcoin’s (BTC) structure is […]
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A postdoctoral researcher from the University of Luxembourg believes central banks are very interested in launching CBDCs. The idea of issuing a central bank digital currency (CBDC) is too attractive to ignore, a postdoctoral researcher from the University of Luxembourg wrote in a study. The research was shared by the Oxford Business Law Blog on […]
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From Venezuela to India, crypto is being increasingly used in times of economic crisis. Just when it seemed like the economic and political situation in Venezuela couldn’t get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 […]
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Fundstrat Global Advisors thinks that crypto prices can see higher price points, and JPMorgan plans to launch its own coin. Top Stories This Week Fundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to Crypto According to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental […]
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