Chainalysis will help Tether monitor secondary market for illicit activity

The crypto-friendly digital bank said the license would hold them to a higher “regulatory standard” that could give consumers confidence. 128 Total views 1 Total shares Crypto-friendly fintech firm Revolut has launched international payments-focused business accounts for clients in Australia, as it reportedly works to secure a banking license down under.The London-based firm offers a…

United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29.The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October,…

Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail. Own this piece of crypto history Collect this article as NFTThe new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down…

Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cointelegraph, calling the claims misleading.For the last seven years, the ASX was poised to be the world’s…

DeFi tokens like COMP may have been responsible for the increasing number of DApp developers utilizing the Ethereum blockchain in Q2. 1164 Total views 35 Total shares Decentralized finance (DeFi) applications on the Ethereum blockchain surged in the second quarter of 2020 as the daily transaction volume reached an all-time high in June.The 2020 Q2…

After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time to the downside, as the digital asset dropped 8.72% to a daily low at $6,068. The move somewhat mirrors the performance of traditional markets, which also closed the day with losses. The Dow…

He thinks crypto’s ongoing bull market is driven by a number of factors. 3022 Total views 18 Total shares EToro’s CEO, Yoni Assia, thinks multiple factors are at play when it comes to the crypto market's current bull run — among them, the economic situation in the U.S. amidst the ongoing COVID-19 pandemic.“I think there…

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29.By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends to boost the processing time of operations,…