A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]
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Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network approved partner, BAM Trading Services. Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network (FinCEN) approved partner, according to a press release shared with Cointelegrpah on June 13. Binance is reportedly forming […]
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Ripple wallet provider GateHub has announced that a phishing scam has been targeting its wallet users and has published a timeline of the campaign so far. Ripple (XRP) wallet and gateway-as-a-service provider GateHub has warned that there is a phishing scam campaign targeting its cryptocurrency wallet users, as per an announcement on June 13. According […]
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The U.S. Food and Drug Administration teamed up with four major global companies to boost drug supply chains with blockchain. The United States Food and Drug Administration (FDA) has partnered with four global high-profile firms to apply blockchain in the drug supply chain, tech media outlet ZDNet reports on June 13. The FDA has reportedly […]
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Chaos at the headquarters of MakerDAO: Why have some key members left the company, while others hired a lawyer? In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum […]
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Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]
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Blockchain startup Spring Labs recently raised $23 million in Seed A funding round, says funds will go towards security products built on its Spring Protocol blockchain platform. United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12. Spring Labs will purportedly […]
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Bitcoin’s privacy is getting better, but does it pose an existential threat to anonymous cryptocurrencies? It’s no secret that Bitcoin isn’t actually anonymous, despite what various outside observers of crypto might claim. It is, in fact, pseudonymous, as its transactions are vulnerable to being traced to specific individuals by governments and intelligence agencies with enough […]
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A deal with local company Brickblock launched Peakside Income Fund 1, which has an equity target of €200 million. European investment manager Peakside Capital Advisors has launched a real estate fund for the German market using blockchain technology, the company confirmed in a press release on June 12. The fund, which focuses on assets between […]
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Stan Group is set to meet with Hong Kong’s securities watchdog in January 2020 to seek approval for the sale of tokenized real estate assets. Family-owned property firm Stan Group — which represents the assets of “shop king” real estate scion Tang Shing-bor — is set to meet with Hong Kong’s securities watchdog in January […]
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