Tag: bitcoin

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Major Spanish Bank Latest to Bring Blockchain Into European Finance

CaixaBank adds we.trade to its service catalog, becoming one of Europe’s first bank to give customers access to blockchain technology. On Jan. 3 Spain-based CaixaBank added the blockchain-powered finance platform We.trade to its list of services. CaixaBank has now become one of the first banks in Europe to provide its customers access to blockchain technology.…
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CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi

The CFTC is having trouble locating a man allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million. The United States Commodity Futures Trading Commission (CFTC) is having trouble locating Benjamin Reynolds, who is allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million. Financial news outlet FinanceFeeds reported on Jan. 6 that…
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Bitcoin Scam Ads Featuring Martin Lewis Now Spotted on Instagram

Fake Martin Lewis Bitcoin scam ads have been spotted on Instagram after Lewis settled a defamation lawsuit against Facebook in 2019. Bitcoin (BTC) scam ads featuring the likeness of Martin Lewis have continued to appear on social media despite Lewis’ previous efforts to prevent such illegal practices. After the British financial expert settled a defamation…
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Huobi Heats up Competition in Japan With a New Banking Deal

Source: iStock/Sean_Kuma Cryptocurrency exchange Huobi Japan has struck a partnership with Japan Net Bank, an online bank. The deal, per a press release, will allow Huobi Japan customers to make fast yen deposits with a processing time of around 20 minutes at both Japan Net Bank itself, as well as the Sumishin SBI Net Bank.…
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Bitcoin Rally Has the Crypto Universe Asking ‘What Happens Next?’

Source: iStock/Photographer, Filmmaker, Designer Bitcoin (BTC) has gone up over 4.6% in a day, and nearly double that in a week. Popular crypto analysts and traders are discussing this jump, but not many seem convinced that this particular rally will last, let alone lead to new all-time highs. The number one coin by market capitalization…
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Upbit to Resume Altcoin Deposits and Withdrawals + More News

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. Exchanges news South Korean market-leading exchange Upbit will resume deposits/withdrawals following what many have assumed was a security breach in November last year. Large amounts of altcoins were  Read more »Pay,…
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Court Denies SEC Request to Make Telegram Reveal ICO Bank Records

Telegram will still have to prove that its bank records comply with foreign data privacy laws despite a U.S. court denying a Jan. 2 application by the SEC. The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records.…
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Abu Dhabi, Financial Giants Bet on Blockchain to Help ETF Ecosystem

New York-headquartered international investment giant WisdomTree Investments together with Abu Dhabi Investment Office (ADIO) and other investors invested in Securrency, as they aim to integrate blockchain technology into the exchange-traded fund (ETF) ecosystem. Securrency, a Washington-headquartered developer of institutional-grade blockchain-based financial and  Read more »Pay, Trade, Buy Bitcoin with Credit Card

SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining Site

The operator of what is set to become the world’s largest Bitcoin mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO. The operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI…
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Costs Spiral for Exchanges as Police, Regulators Step up Scrutiny

American and international regulators and cyber police forces intensified their scrutiny of cryptocurrency exchanges last year – with the Kraken platform stating that it was hit with a whopping 710 information requests from global law enforcement agencies in 2019. The company bemoaned its fate, claiming that compliance is becoming increasingly expensive and burdensome for  Read…
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