Atsushi Kuwabara from Japan-based exchange bitbank spoke to Cointelegraph regarding the new regulatory changes to the country’s crypto laws. Japanese cryptocurrency exchange bitbank has begun implementing changes to make it compliant with the country’s revised Payment Services Act (PSA), effective May 1. Atsushi Kuwabara from bitbank spoke to Cointelegraph on how local exchanges and regulatory…
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Facebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox. In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos…
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Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi was granted a motion with the Tokyo District Court to extend the deadline to July 1, 2020. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30,…
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Peter Vessenes talks crypto regulation, exciting blockchain technology and what can take crypto to the next level on Cointelegraph China’s Focus talk show. Welcome back to Cointelegraph China’s Focus talk show. This time around, Peter Vessenes is under the spotlight. He is the founder of CoinLab, the first venture-backed Bitcoin company. He also co-founded the…
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a…
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Crypto advocate Ryan Selkis believes he and his company were shadow-banned by Twitter for company’s COVID-19 coverage. Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic. Both twitter pages belonging to Messari and Ryan Selkis went…
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Mark Kapeles attacked the sole remaining plaintiff in what once was a class action lawsuit for changing the factual basis for his claim against the exchange. Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his…
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The financial group increased its offer to creditors’ claims on the defunct crypto exchange from 70% to 88%. Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group, which aims to profit by eventually recovering the Bitcoin (BTC), upped its…
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Ripple co-founder Jed McCaleb has sold more than a billion XRP so far and has another 4.7 billion left to sell, according to a new analysis. Analysis by blockchain monitor Whale Alert suggests that Ripple co-founder Jed McCaleb sold off more than one billion XRP between 2014 and 2019. In a Medium post published on…
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Mark Karpeles, the former CEO of the now-defunct Bitcoin exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange user back in 2014. Mark Karpeles, the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange…
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