South Korea’s Zeniex Closes Amid Government Crackdown on Unauthorized Crypto Exchanges

Zeniex, a joint crypto venture run by South Korea and China, is closing its crypto exchange due to the financial regulator’s investigation. South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9. The crypto exchange, a joint project […]

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Four Crypto Firms Ordered to Cease and Desist by Colorado Securities Commissioner

The Colorado Securities Commissioner has ordered four initial coin offerings to immediately cease and desist in connection with offering unregistered securities. Colorado State Securities Commissioner Gerald Rome has issued a cease and desist order to four Initial Coin Offerings (ICOs) for allegedly offering unregistered securities, according to an official notice published Nov. 8. The orders […]

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Experts: Finance Firms Need to Replace IT Infrastructure to Adopt Blockchain and Crypto

According to some industry experts, entering the crypto and blockchain space will require some companies to rethink how they organize their IT infrastructure. Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies, Scotland’s national news outlet the Scotsman reported Nov. 9. […]

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Drug Barons, Rogue States and Terror Groups Use Banks – Can Blockchain Stop Them?

sponsored Banks have been intentionally – and unwittingly – doing business with drug kingpins and rogue nations. A blockchain network says it can help them avoid eye-watering fines.   Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling them to commit money laundering, make questionable transfers […]

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US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange

U.S. securities watchdog charges Zachary Coburn, founder of crypto trading platform EtherDelta, with operating an unregistered exchange. The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange, a press release by the SEC reveals Thursday, Nov. 8. EtherDelta, which served […]

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Can Blockchain Save Anime? Startup to Protect the Culture from ‘Unavoidable’ Decline

sponsored Overseas sales for Japanese anime are rising, but revenues for creators are stagnant. A startup is embracing blockchain to help the culture survive and grow. A Japan-based blockchain platform says the country’s beloved anime industry is at an impasse. While the number of global fans for this distinctive, inimitable animation style has been growing […]

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Trading Platform eToro Unveils Blockchain Solution to Tackle Economic Disparity

Global trading platform eToro reveals its plans to launch its own cryptocurrency, GoodDollar, to provide economic tools for the unbanked. Trading platform eToro has recently unveiled blockchain-driven social project GoodDollar to tackle global wealth inequality, according to a press release obtained by Cointelegraph Wednesday, Nov. 7. GoodDollar had been presented at Web Summit held this […]

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