Bermuda Amends Law to Create Banks That Will Serve Blockchain Companies

For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world. Crypto and blockchain companies have had to turn to banks in smaller countries which have been more … Read more

Ripple, CEO Face Another Securities Fraud Lawsuit

A third lawsuit, alleging securities fraud, was filed last week against Ripple Labs Inc, XRPII LLC, and its CEO Bradley Glaringhouse. In 28 pages, the class action suit attempts to make the case XRP is a security: issued, maintained, and supported by Ripple in clear violation of US regulatory laws. Ripple has worked extremely hard … Read more

Ethfinex Outlines Its Upcoming Token Listing Changes

Ever since Bitfinex launched its secondary trading platform, there has been some uncertainty regarding how the platform handles things. As such, the Ethfinex team has decided to clarify the token listing process and further explain how some of the decisions are being made behind the scenes. The Ethfinex Listing Policy Explained It is commendable to … Read more

Russian Payment Giant Qiwi Launches Crypto Investment Bank

Qiwi, one of Russia’s largest payment services providers, has launched a crypto investment bank. The bank will be known as HASH and will provide ICO issuers and crypto startups assistance, especially with fundraising. The executives behind HASH are mainly from Qiwi’s blockchain arm, Qiwi Blockchain Technologies (QBT) and will be looking to leverage their experience … Read more

India to Trial Blockchain for Fertilizer Subsidy Management

India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). The Indian government hopes that the integration of blockchain technology will … Read more

New Malware Swaps Intended Crypto Addresses for the Hacker’s Own  

Crypto users have been targeted by malware for years now. With crypto becoming increasingly popular, cyber criminals have continued to invent new and more advanced ways to steal them. And now there is a new one that swaps an intended crypto address for one that belongs to the attacker. While it’s not the first such … Read more

Bitcoin to Hit $50,000 Despite Recent Plummet, BitMEX CEO Says

The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money … Read more