February 2020 | Page 19 of 132 | Last Cryptocurrency News Feed

Finland’s Customs Sit On $14 Million Worth Of Confiscated Bitcoins

Finnish Customs seized 1,666 bitcoins several years ago during major drug busts. The digital asset’s value has grown with almost 2,000% since then, and the authorities are wondering what they could do with all the bitcoins. Finland’s Seized Bitcoins Back in 2016, police raids in Finland were a common sight. The notorious black market, the…

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Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform

Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. According to a report by local media outlet The National on Feb. 26, the ratings agency has said that the platform will improve asset quality and boost profits.As Cointelegraph reported last…

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China’s Digital Yuan Research Delayed Amid Coronavirus Epidemic

Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues.Global Times reported on Feb. 25 that the epidemic’s impact on staff has resulted in significant setbacks. A source familiar with the matter reportedly said:“The coronavirus outbreak has led to postponed work resumption in government institutions, including the…

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Malta’s Financial Watchdog Highlights Obstacles to Security Tokens After Industry Consultation

Feb 26, 2020 at 09:10 UTCValletta, Malta. Credit: ShutterstockMalta’s Financial Watchdog Highlights Obstacles to Security Tokens After Industry ConsultationThe Malta Financial Services Authority (MFSA) has released a feedback statement, unveiling industry answers to questions regarding offerings of security tokens within the country.In the document published Tuesday, the EU nation's financial regulator summarized two months of…

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Ex-Microsoft Employee Convicted of 18 Felonies in Digital Currency Scheme

A former employee at Microsoft has been found guilty of 18 federal felonies in connection with a complex scheme to embezzle $10 million using cryptocurrency.The man — a 25-year old Ukrainian national, Volodymyr Kvashuk — worked as a full-time software engineer at the firm from August 2016, before being fired in June 2018. Kvashuk was convicted…

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After Another 3% Daily Bloodbath, The S&P 500 Wiped $2 Trillion In 4 Days: Bitcoin Price Follows In Deep Red

The last few days have been catastrophic for traditional financial markets and pretty damaging to the cryptocurrency field as well. Major global indices are charting tremendous losses while the crypto market cap lost more than $30 billion in the past week. Major Indexes Chart Serious Losses Over the course of just a few days, major…

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Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’

On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.”Watts states that Australia was not immune to last year’s ransomware outbreaks, citing a Victorian government regional health network that shut down…

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MoneyGram Expands Ripple Partnership with $11.3 Million

According to filings through the Securities and Exchange Commission (SEC), money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs.In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters: in the fourth quarter, $8.9 million, and $2.4 million in the…

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Anthony Pompliano Speaks to CNN about Warren Buffett and Bitcoin

Ever since Warren Buffett gave an interview in which he stated “I don’t own any cryptocurrency” and rebuffed the idea that there was any value in Bitcoin, responses from the crypto community and media outlets have been spreading like wildfire. Tron (TRX) Founder Justin Sun immediately came forward and claimed that the blockchain could prove Buffett…

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Coinbase Releases its Plan for the Coronavirus Spread

Every day there are new stories of travel disruptions and public gatherings in Asia being cancelled due to the threat of the COVID-19 virus, AKA the coronavirus. Cryptocurrency and traditional markets have also been affected, with Bitcoin dropping 3% in value due to the virus being detected in Italy. When it comes to crypto exchanges…