Author: Urban
Page: 51
Crypto Exchange HitBTC Adds Support for Euro-Pegged Stablecoin ‘EURS’
There seems to be progress for the EURS stablecoin with the recent announcement that an institutional investor had snapped up a $10 million stake in the coin just a few days after it’s launching in Malta. Now, the coin achieved another milestone when it was recently revealed that the world’s first crypto EUR to crypto […]
Crypto Market Rebounds, Bithumb Drives Kimchi Premium Up 50%
Bithumb, formerly the biggest crypto exchange in South Korea, has driven the Kimchi Premium up 30 percent on major tokens, inflating the price of cryptocurrencies. Bithumb, the Bad Actor Bithumb was hacked for $40 million. The Financial Services Commission (FSC) and Korea Financial Intelligence Unit (KFIU) were involved in the investigation of the Bithumb hack […]
Chinese Social Network Tianya is Launching a Native Cryptocurrency
The Tianya Community in China, a social network of 130 million users that seeks to create the country’s most influential platform for content and knowledge creation, has announced a blockchain based initiative to rebuild its ecosystem. The new ecosystem will launch on Aug. 8 and will make use of a blockchain based token, TYT, according to […]
U.S. Congress Should Make Cryptocurrency a Key Focus: House Rep.
At a Congressional hearing earlier this year, a key member affirmed his intention “to not sit by idly” while the cryptocurrency investors remain unprotected. That congressman, Rep. Bill Huizenga (R-MI), has once again called Congress for oversight of what he believes is a “muddled and fairly opaque” cryptocurrency market. A contender to lead the House […]
Kim Dotcom Creates Own Cryptocurrency Aimed at Content Creators
Kim Dotcom has embarked on a project to create its own cryptocurrency that will enable direct monetisation by content creators rather than depending on third parties and intermediaries. The digital publishing industry is confronted with the outcry of fraud and poor remuneration for publishers among other vices. The bulk of these problems are blamed on the opaque […]
Circle Taps Fmr. Goldman Sachs Executive to Spearhead Regulatory Affairs
Circle Internet Financial has hired Benedicte Nolens, a former Goldman Sachs executive director, as its new head of global regulatory affairs and head of compliance for Europe and Asia operations, as the company expands into global crypto securities trading, according to Business Insider. Benedicte Nolens | Source: LinkedIn Nolens brings significant regulatory experience, joining Circle directly from the Hong […]
Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency
According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency Smartphones Over Laptops Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets. Joel […]
Crypto ETF Rejection Sends Bitcoin Price Below $8,000
Within hours that the SEC announced that it has rejected a proposed bitcoin ETF submitted by the Winklevoss Twins, the bitcoin price dipped below the $8,000 mark and is now currently teetering back and forth across that psychologically-significant level. On the breaking ETF announcement earlier today. About the ETF The announcement comes after the SEC reviewed the application a […]
Bitcoin Price Slides After SEC Rejects Winklevoss ETF
The bitcoin price careened back toward $8,000 on Thursday after the U.S. Securities and Exchange Commission (SEC) rejected the Winklevoss twins’ second attempt to create a bitcoin ETF and list it on a regulated stock exchange. The bitcoin price had entered the evening trading at approximately $8,300, a mark it managed to hold until shortly after 20:30 […]
CFTC Does Not Regulate Retail Crypto Markets: Chairman Chris Giancarlo
The United States Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo has stated that the agency’s primary remit is not to exercise regulatory jurisdiction over cryptocurrency trading markets and other cash markets, but to deal with fraud and compliance in large futures markets. He made this comment while responding to a question from Rep. […]
