A look at the history of the mysterious firm Crypto Capital and its ties to Bitfinex as court cases brew. Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate […]
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David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks. David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks. In a Sept. 25 blog post, Marcus pointed out shortcomings of existing payment systems such as regional and international […]
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Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank […]
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American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology-based internal settlement service in 2020. American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020. In a Sept. 17 press release, […]
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The integration of DLT technology into messenger apps is expected to drive mainstream crypto adoption, but possibly at the expense of centralization. Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption. […]
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Half of the top-30 crypto exchanges try to avoid dealing with U.S., despite it being one of the biggest markets. America is the land of opportunity, so long as you don’t happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, […]
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Fintech startup SoFi — known for its online lending services — has seen three top executives depart from the company. Fintech startup SoFi — known for its online lending services — has seen three of its top executives depart from the company, the Wall Street Journal reports on June 4. As Cointelegraph reported at the […]
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Ripple’s CEO has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation. Ripple CEO Brad Garlinghouse has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly. The CEO made his remarks during an […]
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A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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Microsoft Korea has said the country is facing an increase in crytojacking incidents, according to their new report. Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22. The findings were announced by Microsoft security program manager […]
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