Bitcoin hits 16-month high 'positive sentiment' as price sits near $68K
According to Santiment data, the term “Bitcoin” is being used more positively on social media now than at any time in the past 16 months.
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Crypto Custody: Adoption Shortcut or Blockchain Purists’ Nightmare?
The major digital asset services platform Coinbase has recently announced the long-anticipated completion of a deal that has been in progress since at least May: the acquisition of Xapo’s institutional business. The move projects Coinbase Custody to the status of the world’s largest institutional digital asset custodian, securing more than $7 billion on behalf of over 120…

Deloitte: China Looking to Use Blockchain as a ‘Strategic Weapon’
As much as 73% of Chinese enterprises believe that blockchain is a top-five strategic priority, according to a report by Big Four audit and consulting firm Deloitte released on June 27.In the report, titled “Deloitte’s 2019 Global Blockchain Survey,” the company surveyed 1,386 enterprise representatives in 11 countries, including 200 respondents in China to provide…

FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. 2820 Total views 13 Total shares The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network's new…

Japanese Financial Watchdog Grants Self-Regulatory Status to Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space, Cointelegraph Japan reports Wednesday, Oct. 24.The FSA expects the self-regulatory body to set rules to protect customers' assets, elaborate on anti-money-laundering (AML) policy, and give working guidelines to crypto exchanges.An…

Brave browser adds new tricks to protect crypto users from phishing attacks
The privacy-based browser is adding anti-phishing solutions from PhishFort. According to a Sept. 8 tweet from Brave, the privacy-based browser has incorporated open source solutions from cybersecurity firm PhishFort. The aim is to help prevent phishing attacks — a scam that usually involves tricking a victim into giving up personal information with a fake email…

Libra rebrands to Diem, hoping to shake off associations
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement. 962 Total views 1 Total shares Per a Tuesday press release, the Libra Association is changing its name to the Diem Association.The shift is likely in the hopes of turning the page on…

Textbook Case of Crypto Hype: How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise
On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business.In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent boost in its stock. Since then, it has been delisted from Nasdaq, hit with a subpoena by the…

Crypto Investment Services Firm BitGo to Add Support for TRON
Institutional-grade cryptocurrency investment services firm BitGo will provide wallet and custody support for cryptocurrency Tron (TRX), according to a press release shared with Cointelegraph on Feb. 20.Per the release, BitGo will add support for TRX later this year, making it available for institutional investors. TRX thus joins over 100 other digital currencies already supported by…