On Monday, October 7, a meeting was held on the regulation of the cryptocurrency and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it. The meeting was organized by the recently formed inter-faction parliamentary group Blockchain4Ukraine. Among the main steps developed during the event: the development of terminology for further regulation of the industry. In particular, […]
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NuCypher blockchain startup raised $ 10.7 million through the sale of SAFT contracts. A round of financing led by the Polychain Capital cryptocurrency fund. Among investors are Bitmain, Bitfury, Arrington XRP Capital and others. 6 / Led by @polychaincap w / participants @BITMAINtech @BitfuryGroup @ycombinator @ boshen1011 @fenbushi @josh_nussbaum @CompoundVC @notationcapital @ 0xDHVC @ed_roman @hack_vc @hashed_official @arringRenCherpu October ring ton ton ring ring ring ring ring 8% of […]
Against iFinex Inc. and its subsidiaries filed a class action lawsuit for more than $ 1.4 trillion with the East District Court of New York. Top managers Giancarlo Devasini (CFO Bitfinex), Philippe Porter (ex-CSO Bitfinex) and Jean-Louis van der Velde (CEO Bitfinex), as well as Panamanian processing Crypto Capital and Global Trade Solutions AG, are also defendants in the case. The last […]
The president of Norilsk Nickel, Vladimir Potanin, called bitcoin “a useful souvenir” and said that his company was in discussion with the Central Bank of the Russian Federation on the tokenization of various assets. According to CoinDesk, Potanin enthusiastically looks at the future of asset-backed tokens, similar to the one that Norilsk Nickel is preparing. In his opinion, their usefulness goes beyond speculative value. Cryptocurrencies, however, Potanin is not too […]
Coinbase, the largest US cryptocurrency company, is negotiating the purchase of the Omni rental business p2p platform. This was reported by TechCrunch with reference to informed sources. Omni offers users the opportunity to rent various physical goods. Despite the $ 25 million raised last year from Ripple, the startup is currently going through difficult times and is forced to cut staff. In May, Omni sold […]
Algorand blockchain-oriented investment firm Algo Capital has lost several million dollars in USDT and ALGO tokens, reports CoinDesk. According to a source familiar with the situation, Algo Capital told partners that the attackers were able to access the mobile phone of technical director Pablo Yabo. As a result, the company lost funds in the amount of $ 1 million to $ 2 […]
PayPal, an electronic payment system operator, has officially confirmed its refusal to participate in the Libra digital currency project, which is being developed by the social network Facebook. A statement to withdraw from the Libra Association was distributed by PayPal on Friday, October 4. The company did not name the reasons for the refusal to participate in the project, noting only that it intends to continue to focus “on promoting the current mission […]
The development of stablecoins can provoke serious regulatory problems, said Randall Quarles, chairman of the Financial Stability Board (SPS). Speaking at @EBFeu # EBS2019 in Brussels FSB Chair Randal K. Quarles reviews the FSB's first 10 years & considers its future role in an evolving financial system https://t.co/kCqvM44KiG pic.twitter.com/UsUQwyDoY2 – The FSB ( @FinStbBoard) October 3, 2019 “At the moment […]
One of the contenders for the post of governor of the Odessa region, Ukraine, Maxim Kutsyi declared cryptocurrencies totaling about $ 4.2 million at the exchange rate at the time of writing. In the “Cash Assets” column, Kutsyi indicated 290 MTC (about $ 2.3 million) and 11,071 Ethereum (about $ 1.9 million). According to the local newspaper "Duma", the office of the President of Ukraine is preparing to approve the entrepreneur for the post […]
Indian cyber police have lost access to $ 1.2 million from the sale of confiscated bitcoins due to blocking accounts by the country's Reserve Bank (RBI). According to The Times of India, law enforcement officers in Pune last year seized 244 MTCs during an investigation into the cryptocurrency pyramid GainBitcoin. The police hired Discidium Internet to convert cryptocurrencies to rupees. Subsequently, law enforcement officers tried to translate […]