Elliptic Launches Data Set to Identify Crypto Money Laundering August 3, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2. Making the crypto world more transparent Having developed a data set of 200,000 Bitcoin (BTC) transactions with a total value of […]

Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account August 2, 2019

Brazil-based cryptocurrency brokerage M Intermediação e Prestação de Serviço Ltda. has won a lawsuit against Banco Bradesco, which was initiated after the bank closed M Intermediação’s account. Cointelegraph Brazil reported the legal victory in a report on August 1. According to the report, M Intermediação uses the Bitcoin network as well as traditional bank accounts […]

US Security Token Platform Adds New Policies to Comply with FinCEN August 1, 2019

Security tokens platform TokenSoft has officially added Know Your Business (KYB) services following a successful alpha test in 2018. The San Francisco-based token issuance platform said in a press release on July 31 that the KYB feature was added in order to enhance customer due diligence (CDD) requirements in compliance with an amendment to the […]

Major Indian Trade Organization Speaks Out Against Proposed Crypto Ban July 30, 2019

Nasscom, a major Indain trade organization, has said that it is against a blanket ban on cryptocurrencies, which was recently proposed by a governmental panel in the country According to a report by local financial periodical The Economic Times on July 30, Nasscom commented: “Nasscom believes that the recent proposal of the inter-ministerial committee of […]

Circle CEO to Testify Before Senate on Blockchain and Digital Assets July 29, 2019

Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates.  Allaire will testify before the Senate Committee on Banking, Housing and Urban Affairs in an open session hearing called “Examining Regulatory Frameworks for Digital Currencies and […]

Hodler’s Digest, July 22–28: Libra Doubts, Bitcoin Slumps, McAfee Behind Bars July 28, 2019

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Facebook to work ‘however long it takes’ to win over regulators on […]

Ethereum Blockchain Solutions for Enterprise Business: Pros and Cons July 27, 2019

Ethereum currently is known as the most popular public blockchain network for the development of decentralized applications (DApps) and smart contracts. Its prospective blockchain protocol is one of the few cryptocurrency projects actually achieving real-world adoption, with dozens of applications that can be divided into 11 major categories: open finance, decentralized exchanges, gaming, collectibles, marketplaces, […]

Report: Bill Miller Hedge Fund Surges 46% Thanks to Bitcoin, Amazon July 26, 2019

The hedge fund of famous investor Bill Miller saw 46% growth in the first half of 2019, reportedly in some part from investing in Bitcoin (BTC). Citing an investor document, Bloomberg reports on July 26 that Miller achieved such outstanding results by investing in Bitcoin among other high-performing stocks. Alongside Bitcoin, other investments in the […]

Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange July 25, 2019

The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local offices, according to an announcement by […]

Chinese Company The9 Said to Be First Foreign Telegram ICO Investor July 24, 2019

According to a filing with the United States Securities and Exchange Commission, the Chinese company The9 Ltd bought 5,297,257 tokens during a Telegram initial token offering in January 2018 for $2 million dollars. The filing also states that The9 has invested in multiple blockchain-based companies as of 2018.  According to a report by Russian business […]

Japanese General Trading Company Backs Blockchain Platform for Wind, Solar July 23, 2019

Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform. Per a report by Reuters on July 23, Marubeni  has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan is yet to be determined. […]

CertiK Foundation Launches Security-Focused Blockchain July 22, 2019

Blockchain cybersecurity company CertiK has launched its native CertiK Chain blockchain. The CertiK Foundation announced its new release in an official blog post on July 22. According to the announcement, CertiK Chain aims to provide a blockchain infrastructure that is comprehensively secure. The full nodes of this blockchain will reportedly run on CertiKOS, which they […]

Blockchain Project Aims to Apportion and Tokenize the Moon July 21, 2019

A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface.  Dubbed Diana — after the Roman goddess of the hunt and the moon — the project launched on July 19, just one day before the 50th anniversary of the Apollo moon landing. The goal of this […]

Bitcoin Approaches $11,000 With All Top 20 in Green July 20, 2019

Saturday, July 20 — crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin (BTC) has approached $11,000 mark again. Market visualization from Coin360 After dipping below the $11,000 threshold on July 14, Bitcoin has approached the price point today, with its intraday high of […]

Bitcoin Dominance Growing — What It Could Mean for Altcoins July 19, 2019

Bitcoin (BTC) has more than tripled in 2019, moving from under $4,000 at the start of the year and then topping out at a little under $14,000 in June. In the earlier part of 2019, altcoins seemed to be performing strongly, with many calling the trend “altseason.” However, since Bitcoin began its 2019 charge starting […]

Roubini: BitMEX in Violation of Securities Laws, Crypto a Metastasized Cancer July 18, 2019

Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space.  Roubini, a professor at NYU’s Stern School of Business, also took aim specifically at the compliance policies of crypto exchange BitMEX in an essay entitled “The Great Crypto Heist.” The essay was […]

Jamie Dimon Says Libra Does Not Pose a Threat in Short Term July 17, 2019

Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future. As reported by CNBC, Dimon delivered his comments during a conference call with analysts on Tuesday, July 16. Dimon said that he would not spend too much time on Libra, […]

Share Internet Data Launches Banking App in Tandem With LDJ Capital July 16, 2019

Internet crowdsourcing company Share Internet Data Ltd (SID) has partnered with private equity firm LDJ Capital to launch a blockchain-based digital banking solution. The new digital banking app is called LDJ Digital, according to a press release on July 16. According to the announcement, LDG Digital can function as a debit card and it supports […]

Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital July 15, 2019

Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives exchanges. Altonomy provides liquidity for Bitcoin […]

Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week July 14, 2019

Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Trump tweets opposition to crypto, specifically Libra and Bitcoin Shrinking violet Donald […]

0x DEX Protocol Suspended Because of Vulnerability, Funds Safe July 13, 2019

The Ethereum (ETH) smart contract of 0x (ZRX) decentralized exchange (DEX) protocol has been suspended after a vulnerability has been uncovered in its code, the project’s team announced in a Medium post published on July 13. Per the announcement, third-party security researcher samczsun warned the 0x team about the vulnerability in the exchange smart contract […]

McAfee on BTC, Exile & the US: 'No Way the Current System Can Survive’ July 12, 2019

When people outside of crypto think of John McAfee, they think computers, cybersecurity, anti-virus software. But in the world of crypto and blockchain, you think of a yacht in tropical waters, passionate — and sometimes, admittedly, inebriated — tweets on tech and crypto… and an enviable amount of partying.  When I called McAfee to talk […]

Props Announces First SEC-Approved Consumer-Facing Blockchain Token July 11, 2019

Delaware-based blockchain organization Props PBC has released a token approved by the U.S. Securities and Exchange Commission under Regulation A+, according to a press release on June 11. According to the company, this is “the first consumer facing crypto token qualified by the SEC” via Reg A+. As previously reported, Reg A+ is an alternative to […]

Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme July 10, 2019

Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland, according to a report by Odaily Planet Daily on July 10.  The suspects were reportedly arrested in the course of an ongoing investigation of the PlusToken cryptocurrency platform which, according to the Yancheng Public Security Bureau, is a pyramid scheme.  As per […]

Chia Releases Green Paper Detailing Eco-Friendly Means of Crypto Mining July 9, 2019

San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies. The green paper provides a description of how proof of space and proof of time create a “Nakamoto-style” consensus algorithm for Chia’s blockchain. Specifically, Chia proposes to “farm” rather than mine to verify blockchains that issue […]