The Commodity Futures Trading Commission has weighed in on the SEC vs Telegram case, but has not provided much clarity regarding Gram’s purported status as a commodity. Another United States regulatory agency has weighed in on Telegram’s ongoing legal battle with the Securities Exchange Commission. Following a request by the New York Southern District Court,…
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Samsung confirms its commitment to cryptocurrency and blockchain technology with enhanced features in the flagship Galaxy S20 smartphone models. South Korean technology giant Samsung recently unveiled its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco. While the headline feature is undoubtedly the new camera, according to the official marketing…
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Partnerships, deanonymization and transaction pattern analysis: What else do international police use to detect crypto cybercriminals? 2019 demonstrated that cyber-attacks are getting more numerous in the cryptocurrency industry, while hardware remains vulnerable and high-profile data leaks are becoming more common. Even worse, the trend is a continuing one. Way back in June 2018, Kaspersky Lab…
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Cryptocurrency trading is the exact opposite of forex and its options for owning an asset. In the early days of blockchain, cryptocurrency trading was seen by many as merely exchanging a few dollars for Bitcoins (BTC). The birth of other tokens and the high volatility in cryptocurrencies have led many traders to speculate by buying…
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Crypto hedge funds see best January returns on record, a promising beginning to 2020. Crypto hedge funds that make up Eurekahedge’s index of crypto hedge funds have experienced a 21.15% return in January 2020. Eurekahedge Crypto-Currency Hedge Fund Index 2017 vibes? This is not only the best January on record (the Index goes back to…
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Blocknox will expand its cryptocurrency custody service to institutional clients, including banks and fintech firms. Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients. Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing…
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To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial inequity in the financial sector. To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial injustice in the financial sector. As part of the campaign,…
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Decentralized finance proponents take a hard hit after lending protocol bZx sees two successful hacks just days apart. Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first…
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Russia is updating its manual for detecting money laundering risks, simplifying it while adding a broad categorization of cryptocurrency exchange transactions as high risk. The Central Bank of Russia (CBR) published a new set of rules for suspicious transactions, Russian finance publication RBC reported on Feb. 17. The update broadly categorizes any cryptocurrency-linked transaction as…
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The London-based crypto custody provider plans to develop its presence in North America and Asia. Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of…
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