Category Archives: Crypto News

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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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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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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Despite Crackdown on Trading, Crypto and Blockchain in China Are Alive

Despite China’s ban on cryptocurrency trading, developers are continuing to introduce innovative Blockchain projects on the global stage China has banned cryptocurrency trading and initial coin offerings (ICO) in late 2017 and reaffirmed its negative stance towards the market this year. Still, local developers are continuing to introduce innovative Blockchain projects on the global stage. Stricter crackdown In 2018, the Chinese cryptocurrency industry and the market saw a stricter crackdown on cryptocurrency trading initiated by the local government and the People’s Bank of China (PBoC), the country’s […]

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Consortium Of 61 Japanese Banks To Release Instant Mobile Payment App Powered By Ripple

The 61-bank Japanese Bank Consortium has partnered with Ripple to release an instant domestic money transferring app this fall. The Japanese Bank Consortium will release an instant domestic payments mobile app, “MoneyTap,” using Ripple’s technology in the fall of 2018, Ripple’s blog reported yesterday, March 6. The 61-bank consortium, led by SBI Ripple Asia, is representative of more than 80 percent of all of Japan’s banking assets, according to Ripple. Takashi Okita, CEO of SBI Ripple Asia, said in Ripple’s blog post: “Together with the trust, reliability […]

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‘Obsessed With Price’: Famous Bitcoin Developer Wants To Save It With 5 Female ‘Monk Hackers’

Amir Taaki wants to use a “politicized startup accelerator” to restore Bitcoin’s “vision” and bring about political change, starting in Catalonia. Revered UK Bitcoin developer Amir Taaki wants to recruit five “preferably female” developers to live a “quasi-monastic” lifestyle in order to give Bitcoin a “vision,” Wired reports March 6. In an interview with Wired, Taaki, who is known among the Bitcoin technical community as a central figure in preserving the largest cryptocurrency’s original values, said he even has plans to use the “monk hackers” to effect […]

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Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

Crypto exchange and wallet Coinbase is starting its own four-coin index fund, open to all U.S. residents that are also accredited investors. Crypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is open to all US-resident accredited investors–defined by those having a […]

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Wyoming Bill Passes In State Senate, Aims To Exempt Tokens From Security Regulations

The Wyoming State Senate has passed a House Bill that exempts certain Blockchain tokens from securities and money transmission regulations. Wyoming state legislature has passed House Bill 70 yesterday, March 6, exempting certain Blockchain tokens from securities regulations and money transmission laws. The bill, which already unanimously passed in its third reading Wyoming’s House of Representative on Feb. 19, passed in the Senate 27-3, also after its third reading yesterday. “Open Blockchain tokens” offered through an Initial Coin Offering (ICO) or another manner can be exempted from […]

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