A Seattle-based blockchain startup has launched a new cashback service to reward their iOS and Android consumers with cryptocurrencies. StormX has announced the integration of StormShop for its iOS and Android users, allowing them to earn cryptocurrencies back when they shop online, as the company has announced. The platform aims to improve the eCommerce experience…
Read more
Chicago-based Fintech company FinTank looks to launch a national SRO to help the crypto regulatory scene. Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States. Headed up by former Chicago Board Options Exchange, or CBOE, trader David Carman and partner George Vukotich, FinTank’s SRO “will help regulate…
Read more
2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did…
Read more
Source: iStock/da-kuk Cryptocurrency traders, blockchain and crypto firms have been warned to prepare for an intensified spate of cybercrime-related raids, with nasty new strains of malware already circulating. Per a report compiled by ThreatFabric, criminals have been deploying sophisticated new programs in an attempt to snare unsuspecting companies and individuals. And although most of these…
Read more
Troy Deeney, captain of Watford FC. Source: a screenshot, watfordfc.com English Premier League club Watford FC is set to host a post-season event called the Crypto Cup at its home stadium on May 16. Per an announcement on the club’s website, the event, which is being co-arranged by its main sponsorship partner Sportsbet, will see…
Read more
Representatives from Coinbase and Kraken fear that the IRS is overestimating the threat they pose to U.S. regulation. Representatives of major crypto exchanges today told the United States Internal Revenue Service that they want to see clear regulations rather than vague suspicion from the tax authority. In a March 3 panel that is a continuation…
Read more
Multinational retail conglomerate Walmart joined Hyperledger among eight new entrants announced during the opening day of the Hyperledger Global Forum 2020. Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger…
Read more
Source: a screenshot, Instagram/xiaomi.global It looks like the Chinese smartphone and electronics giant Xiaomi is taking its blockchain plans more seriously. Recently, the company set up a joint venture to focus on new business areas such as blockchain, big data, and artificial intelligence (AI). The Hong Kong-listed Chinese giant has been eyeing blockchain since 2017…
Read more
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiat news Bank of England Deputy Governor Sir Jon Cunliffe said in a speech that crypto adoption could be a threat to traditional lending; that the stablecoins have brought to…
Read more
The developer behind decentralized finance protocol iEarn has quit the project citing a “hostile” and “entitled” community. Andre Cronje, the one-man development team behind decentralized finance (DeFi) protocol iEarn, has quit the project. Cronje cites a thankless experience with the DeFi community as the catalyst for his decision to leave. Speaking to Cointelegraph, Cronje states…
Read more
