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SEC Suspends Trading In Securities Of Crypto Exchange Bitcoin Generation

SEC Suspends Trading in Securities of Crypto Exchange Bitcoin Generation

The United States Securities and Exchange Commission (SEC) has temporarily suspended trading in the securities of crypto exchange Bitcoin Generation, the government agency announced on April 29.In a statement, the SEC said the suspension will be effective from 9:30pm EDT on April 29 until 11:59pm EDT on May 10.The SEC said it had taken the…
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UAE Becomes World’s Biggest Contributor To Token Sales, Data Shows

UAE Becomes World’s Biggest Contributor to Token Sales, Data Shows

The United Arab Emirates (UAE) has been the world’s biggest contributor to crypto token sales so far this year, according to data recently released by CoinSchedule.More than 25% of funds raised since the start of 2019 — $210.5 million — have come from the Gulf nation.The Cayman Islands came second with $103.8 million, with Singapore…
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Neo 3.0 To Launch On New Blockchain Network, Users Will Need To Swap Tokens

Neo 3.0 to Launch on New Blockchain Network, Users Will Need to Swap Tokens

Neo 3.0 is going to be launched as a new blockchain network and users will need to swap their existing tokens for new ones, according to an official announcement shared with Cointelegraph on April 29.The Chinese platform’s co-founder and core developer Erik Zhang has said the new chain, which is coming from a new genesis block,…
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CipherTrace Detects Major Uptick In Cross-Border Payments To Offshore Crypto Exchanges

CipherTrace Detects Major Uptick in Cross-Border Payments to Offshore Crypto Exchanges

Disclaimer: A CipherTrace spokesperson informed Cointelegraph that these numbers are subject to change as new information becomes availableThere has been a 47% increase in the number of cross-border payments from United States crypto exchanges to offshore exchanges since early 2017, posing an ostensible quandary for regulators. The data was reported in the latest cryptocurrency AML…
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Ledger Provides Secure Wallet Management Solution To Regulated Canadian Crypto Exchange

Ledger Provides Secure Wallet Management Solution to Regulated Canadian Crypto Exchange

French hardware wallet producer Ledger is set to provide its secure crypto infrastructure solution to regulated Canadian crypto exchange National Digital Asset Exchange (NDAX), according to a press release shared with Cointelegraph on April 29.NDAX — which offers crypto asset trading services for both retail and institutional clients — will use Ledger’s institution-grade wallet management…
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Bitcoin On The Defensive But May See Bounce At Key Price Support

Bitcoin on the Defensive But May See Bounce at Key Price Support

markets Bitcoin is looking south, as per the bearish divergence of the 14-day relative strength index and other short-term technical indicators. A deeper pullback to levels below $5,000, however, would remain elusive if the 30-day moving average (MA), currently at $5,107 holds ground. That average repeatedly limited losses in March. A rebound from the 30-day…
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Australian Crypto Scam Reports Rose Almost 200% In 2018

Australian Crypto Scam Reports Rose Almost 200% in 2018

news Australia saw a surge in reports of scams involving cryptocurrencies last year, according to the country’s consumer watchdog. In 674 cases, victims reported to the the Australian Competition and Consumer Commission (ACCC) and other government agencies that cryptocurrency had been used to pay scammers in 2018, with reported losses of AU$6.1 million (US$4.3 million),…
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‘Up To 100 Million’ Paxos Stablecoins To Be Issued On Ontology Blockchain

‘Up to 100 Million’ Paxos Stablecoins to Be Issued on Ontology Blockchain

news Ontology is to launch the Paxos Standard (PAX) stablecoin, a cryptocurrency backed 1:1 with U.S. dollars, on its blockchain. The launch will make it easier for individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens, Ontology announced Friday. The firm told CoinDesk that it plans to add up to 100 million PAX…
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