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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

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The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges … Read more

Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

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Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to … Read more

Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses

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Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. Also Read: Chinese Report Finds 9 in 10 … Read more

Bitcoin Price Watch: Altcoins Fall While Bitcoin Retains Strength

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At press time, the father of cryptocurrency is trading for just shy of $6,300. This is a good sign that bitcoin is working to boost itself up the financial ladder, as previously the currency was trading in the $6,100 range. The bad news? The rest of the crypto world isn’t doing so hot. Altcoins continue … Read more

What are Submarine Swaps?

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Even though the Lightning Network is set to revolutionize both Bitcoin and Litecoin alike, there is a growing need for solutions to make the technology compatible with these ecosystems. Submarine swaps are being tested to address any and all concerns in this regard. Submarine Swaps Explained Unlike what most people assume, Bitcoin wallets and Lightning … Read more

SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’

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The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it has taken action against two cryptocurrency firms. Both mark the “first-ever” action of their kind by the Commission. One is against the “first regulated crypto asset fund in the United States” and the other is against an “ICO Superstore.” Also read: 160 Crypto Exchanges … Read more

US Authorities Ask India to Seize Property of Bitconnect Promoters

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The authorities of two U.S. states have reportedly asked Indian officials to seize the property of the promoters of Bitconnect since citizens of their states have invested in the company and lost money. One promoter has already been arrested and the investigators are tracking down another promoter. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Decentralized Exchange Bisq Launches Mobile App, Holds Market Kickstart Event

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Fully decentralized peer-to-peer crypto exchange Bisq has launched a mobile notification app for both Android and iOS systems. The platform saw record growth last month and is holding a market kickstart event as a way to boost liquidity. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Bisq Mobile App Launched Bisq, a … Read more

PR: Killing Banks – A Financial Crypto Startup MoneyToken Announced 0% Loans and Token Burn This Wednesday

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MoneyToken crypto-backed loans platform has announced making zero-interest loans available for everyone. From 12th September September forward, anyone will be able to join the MoneyToken platform and get a loan under a 0% interest rate. To get a zero interest rate crypto-backed loan on the MoneyToken platform, users are required to purchase a special membership … Read more

Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

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South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local … Read more