Ethereum core developers finalized late Thursday a list of six different code changes to be activated for ethereum’s next system-wide upgrade, Istanbul. As agreed in prior meetings, Istanbul will be executed in two parts. The first, which will feature all six code changes, or ethereum improvement proposals (EIPs), is tentatively expected to execute on ethereum...Read More
The director of the Financial Crimes Enforcement Network (FinCEN) said the casino industry needs to up the ante on reporting suspicious activities related to digital currencies. Speaking at an Anti-Money Laundering Conference in Las Vegas on August 13, FinCEN director Kenneth Blanco said the agency has not received the amount of suspicious activity reports (SARs)...Read More
The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement savings in cryptocurrencies. As part of an ATO effort to warn against high-risk retirement investment strategies, 18,000 holders of Self-Managed Super Funds (SMSFs), a type of retirement account privately managed by individuals, were told they...Read More
Binance Jersey’s Twitter account was hacked by an anonymous twitter user called @LightningNetwo9. According to tweets posted on Binance Jersey by the hacker, the hacker is a security researcher claiming to operate with altruistic motivations. The hacking was confirmed via Binance Jersey’s telegram account. The hacker claims he could have used the successful hack to...Read More
The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of its central bank digital currency will only resemble a cryptocurrency in limited ways. A senior official at the central bank said the effort will be helpful to “restrain public’s demands for crypto assets and to...Read More
Cryptocurrency exchange Coinbase has completed the acquisition of Xapo’s custody business in a deal reportedly worth $55 million. Coinbase announced this acquisition on August 15, 2019, noting that the acquisition will help prop up Coinbase Custody, which has over $7 billion worth of assets stored for more than 120 clients. Xapo is a Hong Kong-based...Read More
This article was originally published by 8btc and written by Lylian Teng. Bitcoin’s recent dip under the $10,000 mark is alleged to be directly related to the incessant bitcoin sell-off caused by a $3 billion Chinese Ponzi scheme, and the dump may continue. The scam project, dubbed PlusToken, went bust early in July 2019 after...Read More
Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine. Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading...Read More
