February 2020 | Page 5 of 132 | Last Cryptocurrency News Feed

Blockchain Firm AVA Labs Acquires Private Investments Platform Investery

Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told Cointelegraph on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition over to AVA.An expansion to private…

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Crypto Contributes to Money Laundering Problems in Latin America, Report

Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says.Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups and hackers in LATAM countries, according to a Feb. 27 report issued by threat intelligence firm IntSights.Titled “The Dark Side of…

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Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar

Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain.Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.“Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in…

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Microsoft Updates Edge Browser to Protect Against Illicit Crypto Miners

Feb 28, 2020 at 15:15 UTCUpdated Feb 28, 2020 at 15:27 UTCCredit: Shutterstock/Jer123With malicious cryptocurrency miners having proliferated over the internet in the last two years, Microsoft has moved to protect users of its Edge web browser from the effects of the malicious software.In a blog post on Thursday, the tech giant said it had…

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Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz

Feb 28, 2020 at 14:00 UTCUpdated Feb 28, 2020 at 14:06 UTCThird-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David SchwartzRipple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger, the firm's tech chief has said. In a company video released Thursday, CTO David Schwartz…

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Why Banks Aren’t Banking Your Crypto Startup

Your bank, no matter how neo or how challenger, can’t bank Bitcoin (BTC). They could bank blockchain companies, adding value and providing services for the space, which would be good for both the bank and the clients, but they are afraid of repercussions from regulators and their partners.Since many smaller banks use “correspondent banks,” whose…

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Bitcoin Bounces Off $8.4K 4-Week Low as It Tracks Stock-to-Flow Target

Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets.Cryptocurrency market daily overview. Source: Coin360BTC price clings to $8.6KData from Coin360 and Cointelegraph Markets showed BTC/USD hit five-week lows of $8,455 on Friday.At press time, volatility abounded on exchanges, with Bitcoin…

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Crypto Price Analysis & Overview February 28th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Chainlink

Bitcoin Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly…

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ICE’s New Intel Program Used in Every Homeland Security Crypto Investigation

Feb 28, 2020 at 13:00 UTCNot much is known about the Cryptocurrency Intelligence Program. (Image via betto rodrigues / Shutterstock)ICE’s New Intel Program Used in Every Homeland Security Crypto InvestigationImmigration and Customs Enforcement’s (ICE) recently disclosed “Cryptocurrency Intelligence Program” (CIP) is deployed in every crypto-facing Homeland Security Investigations (HSI) case, says the agent whose unit…

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Tether Calls Market Manipulation Allegations ‘Reckless and False’

Once again, Tether has ridiculed and dismissed allegations that it used its USDT stablecoin for manipulating Bitcoin’s (BTC) price.In a statement sent to Cointelegraph on Feb. 28, iFinex, the firm behind Tether, states that the claims in the market manipulation lawsuit against the firm are “reckless and false.” The statement reads:“The allegations in the complaint…