The Swiss Financial Markets Supervision Authority (FINMA) has published an addendum to the existing Initial Token Offerings (ICO) Guide. Focused on the so-called stable coins (stablecoins), it pays special attention to the digital currency Libra from Facebook. In a document published on Wednesday, September 11, FINMA confirmed that the Geneva-based Libra Association had requested the regulator to […]
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Two-thirds of American investors fear a looming recession and are ready to transfer their assets to safer funds, including cryptocurrency. This is evidenced by a survey conducted by the eToro social investment platform. Respondents believe that the trade conflict between the US and China, as well as problems with Mexico, will affect their portfolios over the next six months. AT […]
BitPay processing BitPay came under another flurry of criticism, this time in connection with the blocking of donations in favor of the Hong Kong Free Press news site (HKFP). As explained by the founder of HKFP Tom Grandi, donations in the cryptocurrency are temporarily blocked, because BitPay has been refusing to process the relevant transactions for three weeks. He added that BitPay representatives indicated that […]
Netki's Digital Identity Service Provider has made changes to its functionality to ensure customers comply with FATF standards. Two new functions have been added to the TransactID service: the ability to split a user's certificate of identity into smaller pieces of personal information (PII) and the right of senders and recipients of funds to request PII from each other. “There used to be one major atomic transaction in which the parties exchanged […]
The developer of equipment and software for the blockchain system of electronic voting at the elections to the Moscow City Duma, the company "CryptoPRO" called the cause of its failure a violation of the rules of operation of the equipment. This was announced by RBC representatives of the company. According to them, the Department of Information Technology (DIT) did not configure the possibility of using a backup system in case of failure of the main, despite the availability of necessary funds. The DIT with charges not […]
Europol and the Portuguese police arrested one of the largest counterfeiters in Europe. Europe's second-largest counterfeit currency network on the dark web taken down by @PJudiciaria with Europol's support: 5 individuals arrested and 1,833 counterfeit banknotes seized totalling € 69,930. Read our press release here: https://t.co/OKTzYR5jtn pic .twitter.com / zDyhEUAuqF – Europol (@Europol) September 9, 2019 Attackers sold […]
Casper Labs, a blockchain startup, raised $ 14.5 million as part of the Series A funding round led by investment firm Acuitas Group Holdings. It is reported by Coindesk. Investors include Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital and Distributed Global. Note that Acuitas Group Holdings belongs to the financier Terren Payzer (Terren […]
Gemini cryptocurrency exchange launched a custodial service. Gemini Custody will allow customers to trade assets that are stored offline through instant loans, according to a press release. The service, operated by the regulated custodian of Gemini Trust Company, supports multi-signature technology, white lists of addresses for withdrawal, additional accounts with different access levels, and also provides access to auditors. Users of the service are available Bitcoin, Ethereum, […]
Blockstream CEO Adam Beck said that at the moment, the Bitcoin dominance index is returning to a normal average of 90%. He stressed that until June 2016, this indicator never fell below 99%, and until February 2017 – below 95%. It's a reversion to mean: bitcoin dominance The whole thing lasts about 2.5years https://t.co/ECBwYHIhp6 […]
The international interbank system SWIFT does not see a competitor in digital currencies, reports Fintech Futures. “They [cryptocurrencies] are falling in price like yo-yo, they are useless and unstable,” the system said at a briefing in London. The only digital currency with any potential in SWIFT is considered Libra from Facebook. Cryptocurrencies, in their opinion, can succeed only with the properties of Libra, in […]