Crypto custodian Anchorage announced the acquisition of Merkle Data as part of its institutional crypto brokerage offering. Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service.  Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company Merkle Data to enhance the endeavor, Anchorage co-founder and CEO Nathan McCauley said in a Jan. 15 post on Anchorage’s blog.  Institutional crypto trading Anchorage’s new offering allows institutional players to trade […]

A day after an investor alert on Initial Exchange Offerings (IEO’s), the US SEC—which has levied severe penalties—the Securities Commission Malaysia (SC) published a regulatory guide on digital token offerings in the country. Following the US SEC’s investor alert against Initial Exchange Offerings (IEO’s), Malaysia’s regulator has published a regulatory guide requiring token offerings in the country be attached to exchanges. A breakdown of Malaysia IEOs A report from Malaysia’s Securities Commission (SC) makes clear that digital tokens are to be used only for goods and services […]

Enterprise Ethereum Alliance members can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. Members of the Enterprise Ethereum Alliance (EEA) can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. In a press release shared with Cointelegraph on Jan. 15, EEA revealed its new partnership with blockchain testing and development firm Whiteblock, through which the EEA will leverage Whiteblock Genesis testing platform. The platform will allow users to manage and utilize the […]

The House Financial Services Committee raised concerns over the use of crypto to fund domestic terrorism in the United States in a recent hearing. The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States. In a Jan. 15 hearing, the FSC Subcommittee on National Security, International Development and Monetary Policy has examined how U.S. financial institutions can combat domestic terrorism, extremism and acts of hate. Titled “A Persistent and Evolving Threat: An Examination of the Financing […]

Crypto exchange Upbit recently completed a security overhaul in response to a hack the platform suffered in late 2019. Strengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again. Upbit decided to update its defenses in response to an Ethereum (ETH) hack the exchange suffered in 2019, an Upbit representative confirmed to Cointelegraph in an email on Jan. 14, 2020, adding: “It is part of our effort […]

Pete Rizzo, long-time CoinDesk Editor-in-Chief, has started work at crypto exchange Kraken’s content production department. Pete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken. Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services. Departure from CoinDesk and the new role Regarding the shift in positions, Rizzo said “At this stage in my career, I wanted the opportunity to work with a […]

The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions suggest buying on the dips. The crypto space is making a comeback and the rally is being led by altcoins. While several altcoins might participate in the initial rally, we believe that the market will start differentiating between each cryptocurrency based on its fundamentals. Hence, traders should avoid buying the non-performers expecting a repeat of the previous bull market when every altcoin […]