Saturday, January 25, 2020

Japan’s DMM Launches Large-Scale Cryptocurrency Mining Farm and Showroom

Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a...

Crypto Not Scalable Enough to Be Money, Says Bank of International Settlements

The Bank of International Settlements (BIS) has said that cryptocurrencies cannot scale to function as money, in a 24-page article published yesterday, June 17, as part of...

Japanese Crypto Exchanges Tap Star Power for Marketing Arms Race

Japanese cryptocurrency exchanges have been very active in advertising their services. Several exchanges including Bitflyer, DMM Bitcoin, Tech Bureau’s Zaif and the hacked exchange Coincheck...

Japan’s National Police Agency to Employ New Software to Track Crypto Transactions

In response to a reported increase in the illicit use of cryptocurrencies, Japan's National Police Agency (NPA) plans to introduce new software which can track cryptocurrency...

ConsenSys Signs MoU With China’s ‘Smart City’ of Xiongan for Blockchain Consulting

China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23. ConsenSys, a...

Virgin’s Richard Branson Warns on Bitcoin Scam Sites Using His Name

British business tycoon Richard Branson spoke out Thursday about the rash of bitcoin scam stories that have used his name to lure victims. "I have...

Warning Signs About Another Giant Bitcoin Exchange

SAN FRANCISCO — As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by...
Germany’s Central Bank: Gov’ts Should Be Neutral on FB’s Libra

Gov’ts Should Be Neutral on FB’s Libra

Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany's central bank said. In a monthly bulletin...

Brett King: Banking Will No Longer Be as We Know It

Brett King is an author, speaker and radio host with extensive experience in the financial industry. He’s worked with Deloitte, Center for Financial Services Innovation...

Major Korean Exchange Launches in Indonesia with Six Cryptocurrencies

One of South Korea’s top three cryptocurrency exchanges, Coinone, is launching an exchange in Indonesia. Initially, six cryptocurrencies will be supported but the exchange...

Russia Now Has a Registry of Whitelisted Crypto Companies

The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to...
SEC Finally Coming for ICOs? Poloniex Delists 9 Crypto Tokens

SEC Finally Coming for ICOs? Poloniex Delists 9 Crypto Tokens

Rumors of an SEC crackdown are flying after Poloniex said it will delist nine crypto tokens including DCR for...

Brazil’s Largest Independent Broker Is Launching a Crypto Exchange

The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reported Thursday. Grupo XP, which owns brokerage firm XP Investimentos,...

Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding

Ledger, the France-based maker of hardware cryptocurrency wallets, has raised $75 million in Series B funding. According to an announcement today, the new round was...
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Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly...

Fundstrat’s Tom Lee: Bitcoin Is ‘A Millennial Story’

Tom Lee, the co-founder and strategist of the Fundstrat market research company, claimed that the value of the leading cryptocurrency Bitcoin will continue to...

Police Seize $1.5 Million in Crypto During FIFA Gambling Crackdown

Local police officials in China seized more than $1.5 million worth of cryptocurrencies as part of a crackdown on gambling during the 2018 FIFA World...

Large European Power Company Will Not Sell Electricity to Crypto-Miners

This week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. One...
The Hidden Effects of Crypto Money Laundering Rules

The Hidden Effects of Crypto Money Laundering Rules

Ever since Emperor Vespasian held up a gold coin that came from taxing urine and pointed out that it...

Blockchain Technology, Artificial Intelligence Enabling Democratization of Investing

Financial markets play a vital role in today's economic framework, enabling companies to access the necessary capital to expand. They also allow investors to...

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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable...
Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects...
SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange...
Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users...
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Coinbase Admits Putting 3,500 Traders’ Crypto Funds at Risk

A bug could have lost the users of Coinbase a lot of money, confesses the exchange itself in its...