Binance Freezes Funds Stolen From Upbit in Late 2019

Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze these funds on its platform, and has initiated an investigation. On […]

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Bitfinex Launches Institution-Grade Custody Services With New Koine Partnership

Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. On May 13, Bitifinex announced that Koine would be providing the exchange with a series of services […]

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Metal Pay’s New Blockchain Allows Bank and Payment Platform Integration

Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world. Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels.  “It’s a Blockchain that’s integrated into your bank,” Metal […]

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Crypto Companies, Law Enforcement and Intelligence Firms Team Up to Fight Human Trafficking

Crypto companies, intelligence firms and law enforcement agencies team up to fight human trafficking through data sharing and educational awareness. It may seem like an unlikely combination, but crypto companies and law enforcement agencies are joining forces to combat a major global crime: human trafficking. The Anti-Human Trafficking Intelligence Initiative (ATII) launched a cryptocurrency consortium […]

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Chainlink Brings Verifiable Randomness to Ethereum

Chainlink introduces trusted decentralized randomness into the crypto ecosystem. On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain. Benefits […]

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