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Samsung’s $2.9 Million Investment in Custody Giant Ledger Shows Major Players Watching Crypto

South Korean Electronics Giant Samsung has announced a USD 2.9 million investment in the French crypto wallet maker Ledger. The investment firmly stakes Samsung’s claim as a cryptocurrency player after Samsung Ventures led a USD 4 million round in ZenGo, a startup developing keyless crypto wallets, amidst rumors that the company is also developing its own Ethereum-based Blockchain network with …


Bitfinex Alleged Missing $850 Million Puts Pressure on Crypto Markets

Bitcoin took an unexpected dive on markets overnight with pundits pointing at the New York State Attorney General’s investigations into a Bitfinex cover-up of missing Tether. Major exchange Bitfinex allegedly attempted to cover missing funds totaling USD 850 million by raiding its Tether reserves in order to pay out customers. Between May 2015 and August 2016, Bitfinex was reportedly attacked …


Latest BitFlyer Poll Sees European Confidence in Crypto High

A recent bitFlyer European study of consumer confidence in cryptocurrency has released figures showing a growing interest in the technology across the continent. The study by the Japanese crypto and blockchain company selected a range of respondents from across Europe by selecting 10 pools of 1,000 people from each nation. The countries chosen for the study were Belgium, Denmark, France, …


CFTC Commissioner Says Sheer Pace of Fintech Has Stalled Bakkt Type Approvals

CFTC Commissioner Says Sheer Pace of Fintech Has Stalled Bakkt Type Approvals

CFTC Commissioner Christopher Giancarlo believes that the current period of innovation makes it challenging to approve proposals like Bakkt. The U.S. Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974, that regulates futures and options markets. Bakkt had promised prospective clients it would request permission from the CFTC to provide the first Bitcoin …


2020 Democratic Presidential Candidate Andrew Yang Hits Out at BitLicense

2020 Democratic Presidential Candidate Andrew Yang Hits Out at BitLicense

Pro-Bitcoin Presidential Candidate Andrew Yang is calling for more clarity in regulating cryptocurrencies slamming BitLicence as “onerous”. BitLicence, the business license of virtual currency activities issued by the New York State Department of Financial Services, has again come under fire in the 2020 Democratic presidential candidate’s latest comments. Yang is an American entrepreneur, philanthropist and the founder of Venture for …


Big Corporates Investing in Blockchain with Wait ‘N See Approach

Big Corporates Investing in Blockchain with Wait 'N See Approach

PitchBook data recently compiled for Reuters shows that both corporate funding and venture capital investments are still behind blockchain tech, although trust in cryptocurrency has still yet to become a feature of large company investment. Corporate investment in Bitcoin is seen very much like the Holy Grail of the cryptocurrency industry, and to date, the big money is aimed at …


“Bitcoin Girl Thailand” on the Run From Thai Navy after Seastead Debacle

“Bitcoin Girl Thailand” on the Run From Thai Navy after Seastead Debacle

American Bitcoin investor Chad Elwartowski and Thai girlfriend Supranee Thepdet, nicknamed Bitcoin Girl Thailand, have gone into hiding having been accused of violating Thailand’s sovereignty; a charge that could carry a death sentence under Thai law. The couple constructed a platform home known as a “seastead” in international waters 12 nautical miles from the shoreline at Phuket, Thailand’s tourist island …


OKEx Stick with Bitcoin SV After Major Exchanges Dump It in Unison

OKEx Stick with Bitcoin SV After Major Exchanges Dump It in Unison

With Binance and Shapeshift dumping Bitcoin Satoshi Vision (Bitcoin SV) and Kraken going to its clients for advice, things don’t look too promising for the controversial crypto moving forward. Poloniex is as yet uncommitted as to continuing to list BSV, but one exchange has definitely come out in favor; OKEx, currently ranked first on CoinMarketCap of exchanges by adjusted trading …


Could IMF’s “Learning Coin” Mean a Shift from Fear and Loathing to Acceptance?

Could IMF’s “Learning Coin” Mean A Shift From Fear and Loathing to Acceptance

The International Monetary Fund (IMF) and the World Bank’s recent announcement suggest that they are not quite going crypto, but are nonetheless launching a private blockchain complete with a coin. And this could have major implications for world finance. Although the “Learning Coin” may be a new concept that the two financial giants have carefully designed to carry no monetary …


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