Search Results for: AG

Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Cryptocurrency exchange giant Binance had alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents.   The exchange had made a statement through a tweet on their social media account, on August 9, claiming that there had been a significant attack on the altcoin the … Continue reading Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.   The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding the fraud allegations.    IFinex, the … Continue reading New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

Premier League Champion Manchester City Tokenizes its Players via Superbloke

The Premier League championship, Manchester city had signedSouth Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan, and South-East Asia. Gacha games involve virtual currency. The club will now be featured in the Superbloke’s online game FC superstar. This development is said to enable … Continue reading Premier League Champion Manchester City Tokenizes its Players via Superbloke

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).      The FIN recommended that virtual asset service providers (VASPs) should be regulated based on the type of service that they provide, as stated in testimony. The … Continue reading US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

Bitcoin Millionaire Warns Against Disclosing Crypto Holdings After Narrowly Escaping Rubbery Attack

It has been reported that a millionaire who happened to have acquired his wealth through Bitcoins fell into the arms of an armed robber. He used this to sound a note of warning to other members of the crypto community. The Oslo based multi-millionaire had acquired his wealth by working for 10 years by doing … Continue reading Bitcoin Millionaire Warns Against Disclosing Crypto Holdings After Narrowly Escaping Rubbery Attack

Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.   Facebook reportedly produced the list regarding the concerns expressed by Virginia Democratic Senator Mark Warner that China may try … Continue reading Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

Bitwise has recruited the services of Bank of New York Mellon to act as the administrator and transfer agent for its proposed Bitcoin (BTC) exchange-traded fund (ETF). On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as … Continue reading Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions

Nigeria’s Unity Bank has entered into a collaboration with Binkabi, a commodity trading structure that is blockchain-based. The primary objective of this partnership is to propel lending to Nigeria’s agriculture sector.  Expressly, Binkabi will avail blockchain-based agricultural solutions, whereby value addition will be availed to SMEs and farmers by propelling quality storage for farm produces … Continue reading Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain is an agricultural start-up backed up by Medici Ventures and has shown some prospects so far with plans to bring together the coffee industry of Honduras. Medici Ventures is a blockchain venture arm of online retail giant Overstock and has offered considerable support to GrainChain for some time now. According to an announcement on … Continue reading Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance

Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users. Yesterday, Chainalysis Inc. announced the deployment of its real-time transaction monitoring software solution to the US-based blockchain trading platform Bittrex. Enhanced Compliance  Chainalysis KYT software enhances the compliance and transparency of cryptocurrency exchanges, … Continue reading Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance

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