The Gemini cryptocurrency exchange has announced the completion of an SOC 2 security compliance review. Gemini crypto exchange, founded by brothers Cameron and Tyler Winklevoss, completed a SOC 2 Type 1 security compliance review, according to a post made on their Medium blog on Jan 29. An organization that undergoes a Service Organizational Control (SOC) 2 […]
Continue Reading
Ukrainian crypto exchange Liqui has reported it is shutting down operations, citing lack of liquidity. Ukraine–based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28. Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic […]
Continue Reading
Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration. Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German […]
Continue Reading
sponsored A decentralized secured loans network is enabling borrowers and lenders to set their own conditions and find a suitable match for their needs. A decentralized peer-to-peer network is aiming to streamline the experience crypto holders have when borrowing and lending their assets — and give them the chance to strike up loan agreements on […]
Continue Reading
Novogratz’s Galaxy Digital is planning to launch a funding round for crypto lending in March, according to an unconfirmed report. Mike Novogratz’s crypto merchant bank Galaxy Digital is reportedly raising at least $250 million to offer loans to crypto-related firms, according to an unconfirmed report published by American news site Business Insider on Jan. 23. […]
Continue Reading
Mongolia’s capital city administration is set to replace utility bills and government subsidies with blockchain-based payment methods. Mongolia’s capital city of Ulaanbaatar has partnered with a stablecoin company to release instant money transfer and lending services, Asia’s largest tech media platform e27 reported on Jan. 11. Ulaanbaatar City’s administration has agreed to partner with a […]
Continue Reading
Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
Continue Reading
The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect. The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The […]
Continue ReadingCoinFLEX, a unit of the U.K. crypto exchange Coinfloor, is to offer physically delivered Bitcoin, Bitcoin Cash and Ethereum futures to Asian retail investors. CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed […]
Continue ReadingLenders in the cryptocurrency industry are reportedly faring better in the recent bear market than other types of business in the space. Lenders in the cryptocurrency industry are reportedly weathering the recent crypto bear market better than others, Bloomberg reported on Jan. 2. According to Bloomberg, creditors that offer their services in the cryptocurrency industry […]
Continue Reading