CipherTrace Report: Cryptocurrency Exit Scams Swallowed $4.3 Billion in 2019
The CipherTrace report mentions that ‘exit scams’ have rocked the crypto markets in 2019 alone contributing to a fund loss of a massive $3.1 billion.
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The CipherTrace report mentions that ‘exit scams’ have rocked the crypto markets in 2019 alone contributing to a fund loss of a massive $3.1 billion.
Grayscale, an investment firm, purports that Bitcoin is a sensible hedge against the growing market fluctuation catalyzed by the US-China trade conflict.
Overstock.com subsidiary tZERO announced that its preferred equity security tokens are now available to be resold to non-accredited investors.
The SEC has delayed its decision for listing VanEck to Oct. 18, while Bitwise’s listing on NYSE Arca will be delayed to Oct. 13. The decision on Wilshire Phoenix’s United States Bitcoin and Treasury Investment Trust has been postponed until Sept. 29.
It has come to light that UK’s Pension and Welfare Agency is examining Blockchain and DLT technology as a possible substitute for the traditional payments methods.
IBM and Tata are the new governing council members for the Hedera Hasgraph DLT network. These two giants plan to leverage Hedera’s unique ability to unify public and private networks.
Trust Wallet, the official wallet for Binance, has just released a desktop application for the macOS. The Linux and Windows platforms are expected to be released soon as well.
Reliance Jio will soon unleash the largest blockchain network in India targeting its 330M customers as announced by the company’s chairman, Mukesh Ambani, at the Annual General Meeting in Mumbai on August 12.
Goldman Sachs Securities Division analysts, in a note to investors, have shared a bullish attitude towards Bitcoin. They even encourage investors to buy Bitcoin on this dip.
IBM has submitted an application with the USPTO, for the development of a new blockchain-based web browser. The browser will transfer data and information through peer-to-peer nodes, storing them on a blockchain.
KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
In an unplanned announcement, crypto exchange Coinbase is going to delist privacy-centric cryptocurrency ZCash for the U.K. due to some regulatory concerns.
New Zealand has published a ruling by its tax authorities that allows paying workers’ salaries with cryptocurrency. The publication also includes specific requirements regarding this issue.
The Abu Dhabi sovereign wealth fund Mubadala Investment Capital endorsed cryptocurrencies by investing in a crypto-asset exchange MidChains.
OKEx is actively working to provide the services that will satisfy the needs of its growing customer base. Now the exchange is concentrated not only trading but also on the services of its mining pool.