Universal Protocol’s stablecoin Universal Euro will be pegged to the euro on a 1:1 basis and will allow holders to earn interest. The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March […]
Continue Reading
Hong Kong’s securities regulator, the Securities and Futures Commission, has issued official guidance on security token offerings. Hong Kong’s securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28. The guidance aims to clarify the legal and regulatory requirements for parties […]
Continue Reading
WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things devices and their data. Switzerland-based blockchain and cybersecurity firm WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things (IoT) devices and their data. The news was announced in a WISeKey press release on March 29. WISeKey […]
Continue Reading
A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet. A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet, as well as banks including JPMorgan, Wells […]
Continue Reading
Japanese prosecutors have reportedly dropped plans to appeal the embezzlement acquittal of former Mt. Gox CEO Mark Karpeles. Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29. On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was […]
Continue ReadingRegtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingDigital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients. Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28. The company that provides services to private equity, real estate, funds, and other institutional investors is […]
Continue ReadingMergers are becoming more common in crypto, but what happens when things go wrong? Mergers. They’re a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven’t been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup […]
Continue ReadingElementus analysts have identified $105 million leaving crypto exchange CoinBene’s wallets, arguing that patterns are “consistent with how exchange hacks commonly play out.” Data scientists at blockchain infrastructure firm Elementus have published details of recent transactions from crypto exchange CoinBene that they consider to be suspect, beginning with $105 million in crypto swiftly being moved […]
Continue ReadingA Japanese court has acquitted a man who was allegedly illicitly mining cryptocurrency after embedding a dedicated program in his website. A Japanese court has acquitted a man who was accused of illicitly mining cryptocurrency by using the computing power of visitors to his website, Japan Today reported on March 27. The Yokohama District Court […]
Continue Reading