A cryptocurrency nonprofit is filing a court petition for Israeli banks to provide regulatory clarity on their crypto policies. The Israel Bitcoin Association, a nonprofit organization that promotes the use of Bitcoin (BTC) and cryptocurrencies, has reportedly filed a freedom of information petition with a Jerusalem court. The petition purportedly seeks to require local banks to disclose their policies on money originating from digital currencies.  Local news daily Globes reported on Aug. 19 that state banks are required to report reasons for refusing transactions to the country’s […]

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Digital asset trust and security company BitGo has appointed former Xapo senior vice-president Pete Najarian as its new chief revenue officer. Digital asset trust and security company BitGo has appointed wallet provider Xapo’s former senior vice-president Pete Najarian as its new chief revenue officer (CRO). As finance-focused media outlet Finance Magnates reported on Aug. 19, Najarian will now serve as BitGo’s CRO, reporting to the company’s chief executive officer Mike Belshe. Commenting on the appointment, Belshe said: “Pete has a deep understanding of capital markets and an […]

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The Gemini platform, founded by the Winklevoss twins, has hired a new chief security officer with cybersecurity experience. Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium.  Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and led a cybersecurity team at Tanium that provided security services to government agencies, Fortune […]

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Big Four audit and consulting firm Deloitte has rolled out a blockchain-based platform for users to experiment and demonstrate blockchain solutions. Big Four audit and consulting firm Deloitte has rolled out a blockchain-based platform designed to provide users with blockchain demonstrations and experimentations. In a press release published on Aug. 19, Deloitte revealed the launch of the Blockchain in a Box (BIAB) platform, which the company built based on customer interest in understanding blockchain capabilities in real world use cases.  Demonstrational platform for prototypes Deloitte described the […]

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Bank of America has filed a patent for a crypto-inclusive digital currency wallet with multiple tiers of access. United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested.  The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology would comprise a computing platform with a digital wallet interface.  The platform would be […]

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Bitcoin is leading a recovery. Is this a bull trap or will it result in a new uptrend? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto enthusiasts despise fiat currencies while central banks have largely been against cryptocurrencies, as they consider crypto assets to […]

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Coinone’s Malta-based crypto exchange CGEX will cease operations on Sept. 18, following temporary termination of services. Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an announcement on Aug. 12, the exchange will shut down services at 2:00 a.m. UTC on Sept. 18. CGEX initially launched in October 2018. CGEX placed a services termination notice on the main page of its website, adding that it has decided […]

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Major crypto exchange BitMEX announced that it will restrict access to its platform from Seychelles, Hong Kong and Bermuda. Major cryptocurrency exchange BitMEX announced that it will restrict access to its platform in Seychelles, Hong Kong and Bermuda. Per an announcement published on Aug. 19, in order to ensure the safety of funds and the stability of the exchange, the firm restricted access from countries in which the offices and workers of its parent company — HDR Global Trading Limited — reside. BitMex also claims that this […]

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Blockchain-powered prediction markets attempt to change the world, from politics to science, by creating digital democracies with a new age of financial tools. Recently, there have been an increasing number of blockchain-based prediction markets (PMs) such as Augur, Bitcoin Hivemind, Amoveo, Gnosis, Cindicator, etc. PMs use the technology of smart contracts for bets on various issues. For example, one user could place $100 on President Donald Trump getting reelected for a second presidential term while another person is convinced that a Democratic candidate will win the Oval […]

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