U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]
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Germany is consulting companies and industry groups that could become stakeholders in the country’s blockchain development. The German government is consulting companies and industry groups that could become stakeholders in the country’s blockchain development, Reuters reports on Feb. 18. The unnamed companies and groups have reportedly been invited to supply recommendations from this week onwards. […]
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Indonesia’s Commodity Futures Trading Supervisory Agency adopted a legal framework for crypto futures trading. Indonesia’s commodity futures regulator has established a legal framework for operating crypto and digital assets futures markets, according to an official press release published on Feb. 18. The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), which operates under Indonesia’s Ministry of […]
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JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]
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London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for forex trade settlement by a quarter. London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14. According to Mark Williamson — chief operating officer of forex cash trading […]
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New regulation requires those looking to offer futures trading to have a starting capital of over $70 million. Cryptocurrency traders are unhappy with regulators in Indonesia after it emerged Bitcoin (BTC) brokers now needed over $70 million to launch futures trading. Local English-language news outlet Jakarta Post reported on the development on Feb. 14. Following […]
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A look into the QuadrigaCX case. For the second week, QuadrigaCX’s crisis remains one of the hottest topics in the crypto world. After the CEO of the Canadian exchange, 30-year-old Geral Cotten, suddenly died, the exchange has allegedly lost access to its cold wallets, where as much as 190 million Canadian dollars ($145 million) in […]
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The Ontario Securities Commission is reportedly “looking into” crypto exchange QuadrigaCX in connection to “the potential harm to Ontario investors.” The Ontario Securities Commission (OSC) has initiated a probe into Canada’s major cryptocurrency exchange QuadrigaCX, Reuters reported on Feb. 8. The Ontario Securities Commission reportedly told Reuters that “given the potential harm to Ontario investors, […]
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Hervé Falciani, a whistleblower convicted of purportedly the largest leak in banking history, plans to launch an ethical cryptocurrency to combat money-laundering and fraud. Frenchman Hervé Falciani, a whistleblower who has been convicted of the largest leak in banking history, plans to launch an ethical cryptocurrency that would combat money-laundering and fraud, Reuters reported on […]
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Experts have told the WSJ that the supposedly missing funds at QuadrigaCX crypto exchange could not be stuck, but missing. The $145 million in digital assets that are reportedly stuck in encrypted cold wallet storage of QuadrigaCX crypto exchange could actually be missing, according to analysts cited by the Wall Street Journal (WSJ) on Feb. […]
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