The credit card from Apple, which is being worked on together with the investment bank Goldman Sachs, cannot be used to buy cryptocurrencies. This is stated in the text of the user agreement on the bank website. So, Apple Card may not be used to receive loans in cash and cash equivalents. These include, in particular, travelers checks, foreign and […]
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During the past months, at least six top managers, including the head of the division, Daniel Matuszewski, left the OTC-platform Circle Trade, reports The Block. So, Matushevsky said he intends to take advantage of "a fundamentally new opportunity in the cryptocurrency industry," although he did not specify what this was about. At the same time, he will continue to work with Circle “on the other side” of trade deals. In the past, he was […]
Analytical firm Elliptic, employees of the Massachusetts Institute of Technology (MIT), and IBM corporation used methods to determine the share of criminal transactions related to the Bitcoin network. So, the researchers studied 203,769 transactions, the total cost of which amounted to about $ 6 billion. It turned out that only 2% of these transfers are related to illegal activities. The share of "net transactions" is 21%, and […]
The cryptocurrency platform Bakkt acquired the developer of custodial solutions DACC for $ 11 million. This follows from the analysis of the financial report of the parent company Intercontinental Exchange (ICE) for the second quarter, reports The Block. So, on the eighth page of the document the amount that ICE spent on the purchases of other companies over the course of six months is indicated – it amounted to $ 352 million. However, the report said that […]
The second largest money transfer system in the world, MoneyGram, began using the xRapid product from California-based Fintech startup Ripple to make cross-border payments. This was announced by MoneyGram CEO Alex Holmes in a corporate call for the second quarter. Q2 2019 MGI Earnings Webcast_vFinal by ForkLog on Scribd So, the first xRapid transactions took place last week, but the company […]
The leading manufacturer of Bitcoin mining equipment Bitmain suffered losses in the first two months of 2019 totaling $ 625 million. Nevertheless, the company expects that high demand for new 7-nm devices will allow it to finish the year with positive results, writes Cryptoglobe with reference to local media. So, according to WeMedia, with cumulative operating income […]
One of the main proponents of Bitcoin Cash, Roger Ver, left the position of executive director of Bitcoin.com. At the same time, the company confirmed plans to launch its own cryptocurrency exchange. According to the information on the Bitcoin.com website, Roger Ver is now listed as executive chairman; Stefan Rust is listed as the new CEO, who previously held the position of director of corporate and business development of the company. Recall […]
The Verkh-Isetsky District Court of Yekaterinburg appointed a measure of restraint in the form of a subscription on recognizance not to suspect the creation of the supposed Russian Bitcoin-Pyramid – the Pro100business community. According to some estimates, about 60 thousand people were involved in it, and total investments could reach tens of millions of dollars. Reports about it Znak.com. Suspects Artem Yurzin, Yevgeny Lebedev and Ivan Kolnogorov were detained yesterday, […]
LedgerX has deleted all the start-up bitcoin futures launch messages previously published. According to Paul Chow’s CEO, LedgerX did this at the insistence of the US Commodity Futures Trading Commission (CFTC). Now Chow intends to sue the CFTC. He said this in a series of tweets for the publication of CoinDesk. also breaking, i've decided to sue the CFTC for […]
The final version of the manual on cryptocurrency assets developed by the British regulator (FCA) introduces legal clarity and reflects the views of market players, the executive director of the CEX.io exchange, Vitaly Kedyk, said, sharing his opinion with ForkLog magazine. “The process of creating a new leadership was transparent from the very beginning and took into account the views of market players,” said Kedyk. According to him, being a member of a self-regulated organization […]