Monthly Archives: March 2018

US: Cryptocurrency Trading Platforms Must Be Registered With SEC

In the US, the SEC has issued a public statement reaffirming registration and regulatory requirements for online platforms trading cryptocurrencies. The US Securities and Exchange Commission (SEC) now requires that platforms trading digital assets which meet the definition of a security must register with the agency as an exchange,  according to a public statement issued by the regulatory body on Wednesday, March 7. Cryptocurrency exchanges would subsequently be governed by the same rules as traditional exchanges. For this reason, they must register with the SEC “as a […]

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Vienna University of Technology to Launch Multi-Blockchain Transfer System

Vienna University of Technology and Austrian crypto exchange Bitpanda to launch multi-blockchain token system “Pantos”. Bitpanda, an Austrian trading platform for cryptocurrencies is partnering with the Vienna University of Technology to develop an open-source platform called “Pantos” for real-time arbitrage trading between different Blockchain tokens, Cointelegraph auf Deutsch reported on Wednesday, March 7. In partnership with the Vienna University of Technology, researchers from the Research Institute for Future Cryptoeconomics (RIAT) in Austria are also participating in the project. The research project called “Pantos” aims to solve the […]

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Venezuela Picks FX Platform to Auction Petro ‘Oil-Backed Cryptocurrency’

Venezuela has chosen a platform on which to auction its “oil-backed cryptocurrency”, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the auction of the petro on the country’s official foreign exchange platform. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Auction Platform Selected The vice president of Venezuela, Tareck El Aissami, announced on Tuesday during the National Council for Productive Economy’s meeting held at the White Palace in Caracas that: Venezuelan cryptocurrency […]

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Civic and Votem’s Partnership Accelerates Blockchain-Based KYC Process

Identity verification is paramount to global freedom and citizen access to public services. We see many examples of this today in terms of how barriers to documentation adversely impact issues like democratic voting processes, especially among homeless communities and refugee settlements. Today’s developments in blockchain technology are now enabling solutions to these and many other verification issues. The use of distributed technology shows promise as a more robust, cost-effective mechanism for advancing identity trust and governance. Civic, a provider of blockchain identity-verification technology, recently announced a partnership […]

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Stablecoin TrueUSD Is Now Trading on Bittrex

TrustToken has launched trading for TrueUSD, “the first independently verified asset-backed stablecoin on the market that fixes its value to the U.S. Dollar.” TrueUSD (TUSD) is live on the cryptocurrency exchange Bittrex. “TrustToken is proud to launch TrueUSD so that traders can easily and quickly trade into a stablecoin that is 100 percent USD collateralized and independently verified by third-party accountants,” said Danny An, co-founder and CEO of TrustToken. “The market has demonstrated that there is strong demand for a trustworthy trading pair between cryptocurrencies and U.S. […]

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Telecom Giant Comcast Leads $3 Mln Seed Round For Blockchain Startup Blockdaemon

The telecommunications conglomerate Comcast has just led a VC seed round for Blockchain startup Blockdaemon, raising a total of over $3 mln. New York-based Blockchain startup Blockdaemon has just closed a venture capital (VC) seed round led by telecommunications conglomerate Comcast, according to Blockdaemon CEO Konstantin Richter’s Medium post today, March 7. Richter wrote that $3.275 mln was raised in the VC round, which Blockdaemon will use to “enhance infrastructure options, and to help customers run multi-tenant networks across all sorts of different Blockchains.” Blockdaemon describes itself […]

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Crypto Markets Take A Slump After Quiet Week

The top ten coins on CoinMarketCap are in the red, down by a significant percentage today following a possible hack of Binance users. Crypto markets were relatively quiet most of the week until today, when the top five took a dip of over 8 percent. Bitcoin (BTC) stayed between $10,500 and $11,500, until this morning when it fell to $9,693.95 according to data from CoinMarketCap. Bitcoin is currently trading at  $9856.31 at press time, down over 8 percent in a 24 hour period. Total market cap remained […]

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Domains Running Cryptocurrency Mining Scripts Surge 725 Percent

The number of domains with cryptocurrency mining scripts installed has skyrocketed 725 percent in four months, according to a security firm’s research. Approximately 2.7 million users were attacked by malicious crypto miners last year, with the most successful cybercriminals earning millions of dollars. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Domains with Mining Scripts Up 725% Cyren Security Lab has been tracking websites running cryptocurrency mining scripts globally. The company revealed last week: Based on the monitoring of a sample of 500,000 sites, […]

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Possible Hack Of Third-Party Tools Affects Binance Exchange Users

A possible third-party tool hack has sold off Binancer users’ Altcoins at market price. Users of Binance, the top cryptocurrency exchange in the world by trade volume, are reporting suspicious activity in their accounts stemming from an apparent hack on Reddit, March 7. Binance has stated that the issues stem from third-party tools and that “there is no evidence” of the platform itself being compromised. The only users affected are those who have issued API keys on their accounts. Reddit user shashankkgg originally posted in the Binance […]

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Brazilian Securities and Exchange Commission Suspends Mining Scheme

Brazil’s Securities and Exchange Commission (CVM) recently suspended the operations of mining investment scheme, Hashbrasil. The CVM has accused the company of violating securities laws by conducting an unregistered public offering. Also Read: Chinese Altcoins Can’t Stop Failing Hashbrasil Suspends Operations After Warning From Brazilian Securities and Exchange Commission The Brazilian Securities and Exchange Commission has suspended solicitations from mining investment scheme, Hashbrasil – accusing the company of violating securities regulations. Last week, the CVM released a statement asserting that Hashbrasil and the company’s operator, Mr. Leonardo Janiszevski, […]

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