Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns. The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering. Wex, a Russian-based cryptocurrency exchange, has had a troubled history, to put it mildly. Going formally under the name of btc-e, it drew community unrest when its alleged operator, Alexander Vinnick, was arrested. […]

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On the eve of the 10th anniversary of the initial publication of the Bitcoin whitepaper, the cryptocurrency markets recorded their weakest month for trading volume in all of 2018. Most of the leading markets saw a significant decline in trading activity throughout October, but NEO, TRX, QTUM and ZEC posted month-over-month volume increases. Also Read: Venezuela Begins Public Sale of National Cryptocurrency Petro BTC, USDT, ETH and EOS Hit Lowest Points of the Year In the last 30 days, approximately $109.5 billion worth of BTC has changed hands, […]

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CMC Markets, a U.K.-headquartered financial derivatives brokerage with shares listed on the London Stock Exchange, revealed on Tuesday that it has expanded its cryptocurrency offering to include bitcoin cash (BCH), as well as litecoin (LTC) and ripple (XRP). Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages CMC Markets Responds to Demand The roughly 60,000 clients that CMC Markets serves around the world can now start taking positions on the three additional cryptocurrencies paired against the U.S. dollar. The move follows the brokerage’s […]

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Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.” The council seemed deeply concerned about “the need for identifying and securing critical information infrastructure,” under the guise of “strengthening security in the financial sector.” To this end, the report mentioned a deliberation “on […]

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In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP). Dubbed the EY Ops Chain Public Edition (PE), the solution will reportedly allow enterprises to issue and sell product tokens on a “public blockchain with private access to their transaction records.” This announcement comes on the heels of EY’s launch of the EY Ops Chain, a set […]

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On October 31, 2018, we celebrate the 10th anniversary of Bitcoin’s white paper, the seminal literature of Satoshi Nakamoto’s creation and the new cryptographic field he introduced with the blockchain. Since its release, the white paper has become a must-read for crypto enthusiasts, be they fledglings or veterans, investors or coders. Part technical primer, economic treatise and constitution, our community has canonized the document as something of a blockchain bible, one that has done its fair share of proselytizing followers over the years. Following the white paper’s […]

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