Paxos Launches PAX Gold: Physical Gold on the Blockchain
Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, today launched PAX Gold (Ethereum ticker: PAXG), the first crypto-asset redeemable for physical gold. The New York State Department of Financial Services (NYDFS) has approved Paxos to issue PAX Gold, making PAX Gold the first regulated digital gold product. PAX Gold is an asset-backed digital […]
China says new digital currency will be like Facebook’s Libra
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help […]
Cryptocurrency Wizard Arrested in B500m Fraud Case
A 48-year-old man wanted for his role in an alleged 500 million baht cryptocurrency exchange fraud was arrested in Bangkok on Wednesday evening. Mana Jumuang was arrested while playing football at a field on Rama IX Road in Huai Khwang district, Pol Maj Gen Jiraphop Phuridet, commander of the Crime Suppression Division, said on Thurday. […]
Retail Investors Increase Gold & Bitcoin Positions as US/China Trade War Escalates
Data from global multi-asset investment platform eToro shows retail investors are opening more gold and bitcoin positions on news announcements of an escalating US/China trade war. Investors typically pile into gold as a natural hedge against macro economic unrest and data shows a correlation between the number of gold and bitcoin positions on its platform. […]
Kadena Launches Blockchain-as-a-Service on Azure Marketplace
Kadena announce that launched an upgraded version of our enterprise blockchain solution to the Microsoft Azure Marketplace! The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. This past January, we made headlines in Fortune when we released our permissioned blockchain on the Amazon Web Services (AWS) Marketplace. Our Blockchain-as-a-Service (BaaS) model enables organizations to start […]
Telegram’s 300 Million Users Could Soon Be Trading Bitcoin And Crypto
Bitcoin’s bull run so far this year, which has seen the bitcoin price climb some 200% since January, has been largely put down to some of the world’s biggest technology companies taking an interest in bitcoin and cryptocurrencies. The bitcoin price has plateaued at around $10,000 as bitcoin traders and investors fret global regulators might […]
BitGo Launches Multi-Signature Wallet and Custody for EOS
BitGo, the leader in digital asset financial services, today announced support for multi-signature EOS wallet and custody services. BitGo now supports over 200 coins and tokens enabling institutional clients to hold a broad array of assets. The EOS token is one of the top 10 digital assets by market capitalization, and is used on the […]
New Ways to Spend Bitcoin with your Blockchain Wallet
What can you buy with crypto? It’s been a common question since bitcoin bought two pizzas back in 2010. Giving people the ability to spend their bitcoins when they are on the go has always been one of the core functionalities of the Blockchain Wallet. And today, spending crypto from your phone or online is […]
SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets
The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings. The SEC’s order found that between December 2017 and July 2018, ICO Rating produced research reports and ratings of […]
Judge rejects plea to set aside order to preserve luxury assets in alleged $30-million cryptocurrency fraud
Luxury townhouse in Coal Harbour owned by alleged fraudsters was listed for sale earlier this year at $7.88 million A B.C. Supreme Court judge has rejected an application to set aside an order to freeze assets in a civil forfeiture suit that alleges the defendants perpetrated a $30-million cryptocurrency fraud. In a suit filed this […]
Rakuten Wallet Launches Spot Trading Services for Crypto Assets
Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced that today it has launched a spot trading service for crypto assets in which users can conduct spot trading of crypto assets through a dedicated smartphone app*1. The app will initially be released on Android, […]
Iran Crypto Developers Launch Platform for Flood-victim Aid
When a massive natural disaster strikes in most countries, the global community takes notice, comes together and sends humanitarian aid, including financial donations. But sending aid to heavily sanctioned Iran isn’t so simple. After Iran suffered devastating floods this spring that left an estimated two million people in need of humanitarian assistance, the Iranian Red Crescent Society (IRCS) said […]
NULS Takes Tokens from Conception to College with New Staking Model
NULS, the adaptive blockchain solution for enterprise, has successfully tested a new staking service, staked coin output (SCO), with project Aleph, a cross-blockchain layer-2 network. This staking service applies a new type of reward model in which community members of NULS can stake tokens to receive tokens from other projects building on the NULS platform. […]
Apollo Foundation Developing Post-Blockchain Infrastructure and Decentralized Internet
Apollo Foundation is announcing Apollo 2020, the firm’s roadmap for a post-blockchain future. A key initiative is the development of DAG (directed acyclic graph), making Apollo one of the first cryptocurrency projects to build the decentralized, post-blockchain consensus technology. The foundation will develop: ARKnet, a decentralized application infrastructure; smart contract capabilities; a tokenization platform; Apollo […]
Abu Dhabi’s Mubadala Throws Support Behind Cryptocurrencies
Dubai: Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its support behind an unlikely candidate: cryptocurrencies. The company earlier this month announced it has invested through its ventures arm in MidChains, a crypto asset exchange that will launch operations in late 2019 in Abu […]
Bitcoin Expert Scams a Scammer, Donates the Money to Charity
Financial fraudsters often try to target the elderly or otherwise vulnerable — but one recently picked the worst possible target.Calgarian Ben Perrin runs an educational YouTube channel focused on teaching people about bitcoin and cryptocurrency, and is the marketing director for a bitcoin exchange. Working in the cryptocurrency industry means he’s been targeted by hopeful […]
Facebook hires Zook to lobby on Libra
Facebook has added Susan Zook of Mason Street Consulting to its team of lobbyists working to sell lawmakers on its new Libra cryptocurrency. Zook is a former aide to Sen. Mike Crapo (R-Idaho), the chairman of the Senate Banking Committee, which held a hearing on Libra last month. She’ll focus on lobbying Senate Republicans, she […]
Bitcoin SV Headline Sponsor of Pool Premier League Live on FreeSports
The International Professional Pool Association (IPA) have agreed a sponsorship package with Bitcoin SV enthusiast and promoter, Calvin Ayre, for their upcoming Bitcoin SV Premier League live at: Freeview 64, Sky 422, Virgin 553. BSV is the only coin with a blockchain that significantly scales (now), has robust utility (now), and is committed to a set-in-stone protocol for […]