Following a series seed round backed by Mike Novogratz’s Galaxy Digital, Bison Trail will soon launch its blockchain infrastructure. New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March […]
Continue ReadingA judge in Tel Aviv has delivered a mixed verdict as part of a case involving Israminers and Union Bank. An Israeli court has ruled in favor of a Bitcoin (BTC) mining company after a local bank closed its account over money laundering concerns. Israeli daily business news outlet Calcalist reported the development on March […]
Continue ReadingNYSE’s operator ICE hinted at expanding its Cryptocurrency Data Feed with a thousand new coins. Intercontinental Stock Exchange (ICE), the parent company of the New York Stock Exchange (NYSE) hinted it was adding a slew of new coins to its Cryptocurrency Data Feed in a tweet on March 14. Launched in January 2018, the Cryptocurrency […]
Continue ReadingAn 18-year-old cryptocurrency hacker was reportedly referred to prosecutors in the Japanese city of Utsunomiya for the theft of 15 million yen worth of cryptocurrency. An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14. The cybercriminal allegedly hacked Monappy, […]
Continue ReadingA recent report shows that cryptojacking is a prime example of cybercriminals’ shift to “low and slow” attack approaches. Cybercriminals are reportedly favoring unhurried approaches in attacks made for financial gains, with cryptojacking as a prime example of this shift. IT news website ComputerWorld reported on this development on March 14. Data released by cybersecurity […]
Continue ReadingPwC’s global consulting subsidiary Strategy& has published an ICO and STO report in collaboration with Swiss Crypto Valley. Security token offerings (STO) are becoming more popular, relative to initial coin offerings (ICO), according to a new report by Big Four firm PwC’s global consulting subsidiary Strategy&. Released on March 8, the firm’s forth ICO and […]
Continue ReadingThe Basel Committee on Banking Supervision believes that cryptos are unsafe to rely on as a medium of exchange or store of value. International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13. The BCBS is a committee of banking supervisory authorities hosted and […]
Continue ReadingKoi Trading in partnership with IdentityMind have developed an AML compliance-as-a-service product supporting cryptocurrencies. Binance-backed over-the-counter (OTC) desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an Anti-Money Laundering (AML) compliance-as-a-service product. The development was announced in a press release published on March 12. The parties have reportedly released […]
Continue Reading
The U.S. Commodity Futures Trading commission fined a Marshall Islands-based startup and its owner for illegally trading with U.S. customers. The United States Commodity Futures Trading Commission (CFTC) has announced Monday, March 11, that international securities dealer 1pool Ltd. and its CEO Patrick Brunner must pay a total of $990,000 for illicit Bitcoin (BTC) transactions […]
Continue Reading
The Malta Financial Services Authority appointed U.S.-based blockchain security firm to assist in tracking the compliance of crypto firms. The Malta Financial Services Authority (MFSA) has appointed blockchain security firm CipherTrace to monitor activity by crypto businesses in Malta, local news agency The Times of Malta reports on March 11. CipherTrace is now set to […]
Continue Reading