Afek Zard – an Israeli resident – will spend the next eight years behind bars for stealing 75,000 DASH coins worth 22 million Shekels or roughly $7 million from a close friend. Apart from the jail time, the man will pay a fine of $1.5 million and compensation to the victim for $80,000. Beware of...Read More
Global fintech leader Broadridge Financial Solutions, Inc. announced today that UBS – the world’s largest private bank – has now joined its distributed ledger repo (DLR) platform. What Broadridge Offers Broadridge is a corporate services company and global fintech leader that provides technological solutions for banks, mutual funds, and other corporate issuers. Their DLR platform...Read More
[Featured Content] Stablecoins have become extremely popular in the last few years, given their backing with real-world assets, offering better liquidity as well as protection against volatility. In theory, these coins, with their fiat currency backing, are a great way to promote crypto among the masses. Being backed by a fiat currency means that a...Read More
Key senators have reached an agreement on IRS reporting rules for cryptocurrencies, U.S. Senator Rob Portman (R-OH) announced in a tweet Monday. The industry and regulators await further details, but it looks like lawmakers have found clarification on who is and isn’t a broker in the blockchain business. Sen. Portman said in a tweet early...Read More
Jessica Angel, a Colombian artist, has been at the forefront of creating the largest blockchain-based augmented reality art installation in Vancouver, Canada. Called Voxel Bridge, it was supported by the Kusama Network and installed by Spheroid Universe. Kusama Helps in Creating Blockchain-Based AR Experience According to a press release shared with CryptoPotato, the under side...Read More
According to a recent press release, the popular cryptocurrency exchange, Poloniex, has agreed to pay a fine upwards of $10 million to the United States Securities and Exchange Commission. The release reads that the company has agreed to pay the fine for operating an unregistered digital asset exchange. According to the order of the SEC,...Read More
In light of recent regulatory scrutiny on the entire industry from global watchdogs, digital asset exchanges have attempted to enhance their efforts in order to comply with emerging legislation. The latest to outline its strategy is FTX, as the company’s CEO explained. FTX’s KYC/AML Endeavors The cryptocurrency space saw massive growth in the past year...Read More
[PR – British Virgin Islands, Aug. 9, 2021] EQIFI, a regulated and licensed decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat currencies,has announced that its native token, EQX, has been enlisted on the Bloomberg Terminal under the EQX ticker symbol. Bloomberg’s influential audience of financial and business decision-makers will...Read More
For the first time since mid-June, the world’s oldest cryptocurrency broke beyond the $40,000 barrier on July 28. Bitcoin price research suggests that a bearish trend will prevail over the next 24 hours since further gains over the $45,000 resistance level were not achieved. Despite the fact that cryptocurrencies appear to be regaining upward momentum,...Read More
Local media reported that the state intelligence agency is on the hunt for professionals in the field of financial technology. The reason is purportedly so that it can use cryptocurrencies for anonymous payments to agents or purchasing equipment. The news was revealed by leading Israeli media outlet Ynet on August 8. According to a translation,...Read More
The crypto market is finally out of woods and on an uptrend. The flagship crypto has reclaimed $44K and Ethereum is also holding above %3K. Now, where are these coins headed to next is to be determined. Bitcoin Chiming in on this is the popular crypto analyst “Crypto Dog” on Twitter. He expects Bitcoin price...Read More
