The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]
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A liquidity crisis at Canadian crypto exchange QuadrigaCX is the result of lost access keys for the exchange’s cold wallets. Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1 Citing […]
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The Director of Data Science and Risk at U.S.-based crypto exchange Coinbase has stepped down. The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31. In his Medium post, Ranjan reflected on the […]
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The hacker who breached New Zealand-based crypto exchange Cryptopia reportedly still has access to the exchange’s wallets. Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a […]
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Ukrainian crypto exchange Liqui has reported it is shutting down operations, citing lack of liquidity. Ukraine–based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28. Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic […]
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U.S. Government shutdown paralyzed the SEC and CFTC. On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are […]
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Canadian cryptocurrency exchange QuadrigaCX, which has recently been wrapped up in legal battles with a major bank, is down for maintenance. Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of […]
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Francesco Firano, the founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as many stolen assets to customers as possible. Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision […]
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The Intercontinental Exchange has partnered with Blockstream to launch its Cryptocurrency Data Feed product. The Intercontinental Exchange (ICE) has partnered with major global blockchain firm Blockstream to launch its Cryptocurrency Data Feed product, as ICE Data Services tweeted on Jan. 24. Founded in 2000 in the United States, the Intercontinental Exchange is a global company […]
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The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
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