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Nov

Bitstamp seeks to subpoena two us banks in the payment lawsuit

INVESTIGATIONS

Friday, 20 November, 2020 at 08:20 GMT
The crypto exchange giant Bitstamp is seeking to subpoena two U.S. banks as part of its legal battle against one of its payment processors. The crypto exchange filed an application with a New York court seeking to subpoena Citibank and Bank of America to produce documents for use...
Bitcoin mining revenue soars to prehalving levels

INDUSTRY

Thursday, 19 November, 2020 at 05:29 GMT
Bitcoin investors and traders are not the only ones enjoying the bullish ride in the cryptocurrency market, the miners are equally included. Recent on-chain data shows that Bitcoin mining revenue has returned to the pre-halving levels when the reward for block production was...
How industries benefit from bitcoin

INDUSTRY

Wednesday, 18 November, 2020 at 08:11 GMT
Ever since Bitcoin came onto the scene, experts from all industries started to devise plans as to how it can be implemented into daily operations. As the time went by, the advantages and strengths of BTC became more evident and today most of the global industries have clear-cut...
Samsung will use the blockchain to protect the files shared by its users

INDUSTRY

Tuesday, 17 November, 2020 at 06:31 GMT
The electronics giant Samsung may be working on a blockchain-based application to facilitate a secure way to transfer files, data, and information. ...
Binance exchange is terminating its bgbp stablecoin

INVESTING

Monday, 16 November, 2020 at 12:40 GMT
Leading cryptocurrency exchange, Binance has announced its plans to terminate support for BGBP, a stablecoin pegged to the GBP, the official currency for the United Kingdom, including Jersey. The last trading pair for the stablecoin will equally be delisted on the exchange. The...
Ethersic to provide kenyan farmers with blockchain based crop insurance

INDUSTRY

Sunday, 15 November, 2020 at 06:36 GMT
Blockchain firm, Ethersic, has announced that it would begin to offer blockchain-based insurance to farmers in Kenya. The firm would provide farmers in the African country with a parametric insurance platform based on blockchain technology. In their statement, the firm says it...
Hong kong continues the call for crypto trading regulation

INDUSTRY

Saturday, 14 November, 2020 at 12:24 GMT
The CEO of the Securities and Futures Commission (SFC), Ashley Alder, said in a discourse that Hong Kong will before long manage all digital currency exchanging stages, regardless of whether they exchange securities.  ...
Over $7 billion has been stolen in hacks and scams

WARNINGS

Friday, 13 November, 2020 at 05:26 GMT
Cases of crypto crime have been rising for years now. As the digital currency industry continues to gain adoption around the world, it also attracts cyber-criminals who plague the exchanges with security hacks and fraudulent investment schemes for individuals investors in the...
Paypal opens crypto services to millions of eligible account holders in the us

INDUSTRY

Thursday, 12 November, 2020 at 20:08 GMT
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. ...
The us sec collected over $1‚26 billion from illegal icos in 2020

WARNINGS

Thursday, 12 November, 2020 at 07:52 GMT
The Enforcement Division of the U.S. Securities and Exchange Commission has collected more than $4.68 billion in illegal income and fines in 2020. Around $1‚26 billion in penalties was handed over to the US SEC by unregistered initial coin offerings alone this year. The...

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