Ben Mezrich’s new book about the Winklevoss twins highlights their dislike of both Mark Zuckerberg and Roger Ver. Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers. The irony of a book about the […]
Continue Reading
The city council of Riviera Beach, Florida, has agreed to pay nearly $600,000 worth of BTC to regain access to data lost in a hacker attack. The city council of Riviera Beach, Florida has agreed to pay nearly $600,000 worth of Bitcoin (BTC) to regain access to data encrypted in a hacker attack, the New […]
Continue Reading
The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]
Continue Reading
The U.S. CFTC has filed a complaint against an alleged $147 million bitcoin scam scheme, Control-Finance Limited. The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18. On June 17, the regulator reportedly filed a complaint with the New […]
Continue Reading
A report highlights the fake exchange volume concerns from March compared with genuine bitcoin futures growth. JPMorgan Chase (JPM) thinks the Bitcoin (BTC) industry has changed considerably since 2017, citing an increase in institutional interest, Bloomberg reported on June 15. The publication quoted a report led by managing director of global market strategy of the […]
Continue Reading
Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
Continue Reading
Cryptocurrency exchange Bitfinex announces a burn initiative for its utility token LEO. Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14. Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post […]
Continue Reading
Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island. Last week, Russian officials revealed plans to build a major financial center on an island in the Far East, which would cater to cryptocurrencies, among other things. Notably, the creation of special economic […]
Continue Reading
A full guide to decentralized exchanges — how they work and differ from their centralized counterparts. Any dispute settlement process? The main issue when talking about regulation of DEXs is that, in most cases, such exchanges are not controlled by a specific legal entity or individual. Since DEXs are not required to follow regulations, this […]
Continue Reading
Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following the case of “crypto” firm Longfin Corp. when it allegedly organized a fraudulent Reg A+ IPO. Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street […]
Continue Reading