Cryptocurrency

In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers. The document establishes the anti-money laundering and counter-terrorism (AML/CFT) requirements that regulated VASPs —  the term mainly referring to cryptocurrency trading platforms — must eventually implement in their day-to-day operations. The guidelines are framed

KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of digital assets. The companies belonging to the partnership state that their inception into the crypto custody business is a response to regulatory

Rep. Nathan Toman says that he desires a “North Dakota coin” He believes that such an asset could potentially help the struggling economy in the wake of COVID-19, an Aug. 7 article from Inforum said. ”That was my hope, but we’re a little bit late to the game on doing something like that,” Toman told Inforum

In the past couple of weeks, the Bitcoin (BTC) price has resurged after months of apparent monetary stagnation. Since July 23, the value of a single Bitcoin has risen by around 20%. Not only that, after trading sideways since its supply squeeze in early May, the premier currency broke through its all-important $10,000 psychological threshold,

Researchers at the Technical University of Munich are encouraging regulators to look beyond Bitcoin when it comes to considering the environmental impact of crypto mining. According to an Aug. 4 issue of scientific journal Joule, researchers Ulrich Gallersdörfer, Lena Klaaßen, and Christian Stoll determined that Bitcoin (BTC) mining accounted for only 66% of the total

Bitcoin (BTC) is the most popular cryptocurrency for trading in every region of the world, but North American investors are the cryptocurrency’s biggest fans, a new report says. On Aug. 6, major crypto analytics firm Chainalysis published a report devoted to key trends in the North American crypto market. According to the report, North American

Dapper Labs, the team behind CryptoKitties and NBA Top Shot, has secured $12 million in the latest investment round for its Flow blockchain. New investors include Coinbase Ventures, BlockTower Capital, and NBA players Andre Iguodala of Miami Heat, Spencer Dinwiddie and Garrett Temple of the Brooklyn Nets, JaVale McGee of the Los Angeles Lakers, and

Online travel booking platform Travala.com has added one million new homes across 195 countries to its site with the release of a designated home bookings section called ‘Homes’. Holiday homes and apartments can be booked with over 30 different cryptocurrencies including Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), and Travala.com’s native coin AVA. Travala.com’s new

Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year. This is a 600% increase over the comparable quarter in the previous year. This shows increased trader interest, which could have been spurred by the cash heavy “government stimulus programs.” The recent breakout of

A federal grand jury in the District of Columbia has charged two Costa Rican residents for illegally selling opioids on the darknet.  Originally from the United States, David Brian Pate is a darknet vendor who along with Costa Rican pharmacist Jose Luis Hou sold drugs worth 23,903 Bitcoin (BTC) — approximately $270 million — to

Digital art marketplace ‘SuperRare’ has surpassed $1.6 million in cumulative trade volume as buyers become more comfortable with the concept of art sold as non-fungible tokens. The marketplace started the year with $344,000 in platform sales volume, but has seen that figure almost quadruple in seven months. Artists are able to digitally sign their work

Robin Zhu, Huobi Global Group’s COO, told Cointelegraph at a China Great Bay Area International Blockchain Week pre-event interview on August 3 that lack of defined regulations and infrastructure services are preventing the mass adoption of blockchain and crypto. Defined regulation and mass adoption  Zhu explained that, in addition to concerns about hacking, users are

Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits. According to data published in March 2020 by the Japan Virtual and Crypto assets Exchange Association (JVCEA), the number of active crypto accounts

August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark.  A fall of such magnitude usually drives away the bulls or at least keeps them at bay until the market stabilizes, but that is not what happened. 

The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet

U.S.-based corporate travel firm CWT paid $4.5 million in a Bitcoin ransom to hackers who stole sensitive files from the company. According to a July 31 report from Reuters, representatives from CWT (formerly Carlson Wagonlit Travel) paid ransomware hackers 414 Bitcoin (BTC) on July 27 — roughly $4.5 million at the time — over two

Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start. Yusuke Otsuka, the co-founder of Japanese crypto exchange Coincheck, said that several Japanese traders who had been dormant have started trading again this week.  Monex Group CEO Oki Matsumoto also said that many traders

According to Heisenberg Capital founder and Keiser Report host Max Keiser, the price of Bitcoin (BTC) would soon rally to $28,000. He believes the all-time high of BTC at $20,000 likely won’t act as resistance. Keiser, who is an early investor in unicorn Kraken and $100-million-worth Bitstamp, said: “The $20,000 level for #Bitcoin won’t pose

The Ethereum network has just turned five years old. Although the project was first announced at the North American Bitcoin Conference in January 2014, its genesis block was only mined on July 30, 2015. Since then, Ether (ETH) has become the dominating altcoin in market capitalization, popularity and network value settlement, having even surpassed Bitcoin

Recently, crypto traders have shown a lot of enthusiasm for decentralized exchanges, or DEXs. The enthusiasm is warranted. We’re starting to see the fruits of many years of hard work pay off with DEX trading volume and use increasing every day.  In spite of this growth, the vast majority of crypto trading still takes place

Title token is a record of ownership similar to the one made in a traditional estate registry. This concept is designed as an alternative to security tokens and various financial crypto instruments. The title token is not “backed” with real property; this is the record that directly certifies the property right — the same as

Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, but what happened to the first ETH coin ever mined all those years ago? Blockchain analytics and Anti-Money Laundering company Coinfirm found out.  “Another great example of the many benefits of blockchains such as Ethereum compared to the traditional

Authorities have taken a teen into custody, believing him to be the brains behind the recent Twitter breach. Authorities have taken a 17-year old into custody, claiming the not-yet-adult as the brains behind the recent massive Twitter breach.  “Early this morning, the FBI, IRS, US Secret Service, and Florida law enforcement placed a 17-year-old in

In an increasingly digital world, security is a high-stakes game. The identities of customers along with their privacy and financial information are all in the hands of centralized security systems. We are reliant on these systems, and even though security plays a critical role in our lives, we rarely stop to think about the consequences

Podcaster Joe Rogan used the first few minutes of a recent episode to read out an advertisement for his sponsor Cash App and to tell listeners to buy Bitcoin. On Episode 1515 of the Joe Rogan Experience released on July 28, Rogan adopted his customary tone used to plug advertising sponsors — including Cash App

Binance has confirmed the shipping of its crypto debit cards to Europe following a tweet from Binance CEO Changpeng Zhao, or CZ, several days ago. “We began shipping a limited quantity of Binance Cards on July 24,” a Binance representative told Cointelegraph in a July 27 email. “The cards are being shipped to users in

The average performance across Ethereum (ETH)-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari. The data provides an overview of the 178 assets that currently exist on Ethereum, totaling a combined market capitalization of $63.7 billion — just shy of 20% of the entire crypto

Blockchain-powered financial services company Diginex launched its new Equos digital asset exchange on July 30. The exchange will initially host crypto asset spot trading, with plans for “perpetual swaps, dated futures, options, and other derivatives products” to soon follow. The platform will support USD and the USD Coin (USDC) stablecoin at launch.  The spot exchange

Bitcoin (BTC) trading volumes in spot and derivatives markets have been surging since the digital asset rallied above the $10,000 level earlier this week. Bakkt reported record Bitcoin futures volume on July 28 and 29, which indicates that the traders who had been waiting for a trending move to start have established fresh positions. A similar

United States-based TradeStation, a subsidiary of Japanese firm Monex Group, is planning to launch a crypto lending service. The plan was announced in Monex’s earning report published on July 29. Called “Crypto Earn” the new lending service is “C2B2B” that lends institutions borrowed assets from clients.  Last November, TradeStation launched a cryptocurrency brokerage platform via