Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

NEWS After yesterday’s split of the bitcoin cash blockchain, several top exchanges have already accommodated the resulting two tokens. While the scheduled hard fork was originally intended as an upgrade to the network, the long-standard Bitcoin ABC version found itself with a rival network and token, Bitcoin SV, after it managed to garner enough support…

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California Governor Gavin Newsom’s signature on the Digital Financial Assets Law last month sent shock waves through the industry and proved the old adage that scandal leads to reform. The collapse of cryptocurrency exchange FTX, the indictment of Sam Bankman-Fried, and crypto-associated bank instability (Signature Bank, Silicon Valley Bank, Silvergate Bank), true or not, spurred

news Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users different levels of access to the stored funds. The second-largest U.S. bank, based in Charlotte, N.C., filed an application entitled “Multi-Tiered Digital Wallet Security” with the United States Patent and Trademark Office (USPTO) in February 2018.…

Sep 26, 2020 at 06:42 UTCUpdated Sep 26, 2020 at 07:15 UTCCredit: Shutterstock/denniznHackers Drain KuCoin Crypto Exchange's FundsAn Asian cryptocurrency exchange’s funds have been compromised in a security breach.The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05…

Sep 17, 2020 at 08:01 UTCUpdated Sep 17, 2020 at 08:02 UTCGibraltar Updates Distributed Ledger Guidance to Match FATF Crypto RulesThe Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers, the regulator announced Thursday. The amended guidance now includes clarity on token issuances and recommendations for risk management. …

news Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. _______ To the fanfare of vindication, the news dropped last week that two public…

Bitcoin miners are pondering the refund of a hefty $500,000 bitcoin (BTC) fee paid by crypto services company Paxos for a mere $2,000 bitcoin transaction earlier this week – an incident the latter blamed was “due to a bug.”Paxos’ transaction was picked up by mining company Stake.fish, which uses its computing resources to mine and

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Crypto service provider Matrixport is joining forces with crypto custodian Copper to enhance its client access to prime brokerage offerings, according to a press release.The collaboration will see Matrixport integrating with Copper’s ClearLoop to…