California

Spain's leading bank Santander is working to create a “payment corridor” through which customers from Latin America can make money transfers to the United States. About this writes CoinDesk with reference to company representatives. In particular, for these purposes it is planned to use the One Pay FX mobile application using Ripple's xCurrent software. With the XRP token, the product is not […]

By the end of 2019, Silvergate Bank, California, will begin issuing loans secured by digital assets to selected institutional clients. This is stated in S1 form, which the parent company Silvergate Capital Corporation filed with the US Securities and Exchange Commission (SEC) in anticipation of the IPO. So, the bank found a demand for loans for the purchase of cryptocurrencies. The new service involves […]

The leading cryptocurrency platform Coinbase reported a potential vulnerability, as a result of which the personal information of 3420 users, including passwords, was stored in clear text in the server’s internal log. According to the exchange, third parties did not receive unauthorized access to this data. The California company also noted that we are talking about a very small part of customers, the general user base […]

US prosecutors filed a lawsuit against Russian Alexander Vinnik, whose extradition Washington is seeking from Greece, and the now-defunct BTC cryptoborg, demanding a refund of $ 100 million for violating the provisions of the Banking Secrecy Law. Reports about it TASS. The lawsuit was filed on Thursday, July 25th. The American authorities are demanding that Winnik pay a fine of $ 12 million. With […]

California fintech startup Ripple has signed an agreement with technology company Coinfirm to monitor the use of the XRP token. Data will be collected to counter money laundering using a Ripple coin. This is reported by Forbes. In particular, Coinfirm will report whether transactions have been “tangled” with the help of service mixers, whether they belong to the same cluster, when small amounts are sent to different addresses […]

Two former traders of the bankrupt bitcoin exchange Mt. Gox filed a lawsuit against Jed McCaleb, accusing him of fraudulent and deliberate distortion of facts and concealment of information, which partially resulted in the loss of funds during the platform hacking in 2014. It is reported by CoinDesk. The lawsuit was filed on May 19 to the California court of […]