Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding

The U.S. Securities and Exchange Commission (SEC) is unable to confirm or deny if a video predominately featuring Bill Hinman actually features Bill Hinman. Bill Hinman, also known as William Hinman, is the former director of the SEC’s Division of Corporation Finance, and he has become a key factor in the long-running legal dispute between…

BitMEX, the world’s largest cryptocurrency exchange by daily trading volume to date, now holds 0.18% of all Bitcoins (BTC) in circulation. In a Dec. 26 tweet, James Lopp, CTO at New York-based crypto custody startup Casa, also pointed out that BitMEX’s dedicated insurance fund has surged 62% in 2019.BitMEX holds 33,449 Bitcoins out the 18.1 million…

A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900. 1056 Total views 38 Total shares The major cryptocurrency, Bitcoin (BTC), continues to be actively used for illicit activity. Anonymous hackers have taken the data of over 129 million Russian car owners to expose…

AAVE founder Stani Kulechov says he “rarely” ever thought about his health while reflecting a day after completing critical surgery.

Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16.The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly proportioned flows of revenue between artists, fans and middlemen using blockchain technology.The post explains,“The Surround platform will…

Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform.As Reuters reported on Sept. 2, HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction deploying R3’s Corda-powered Voltron platform. In the cross-border  transaction, Hong Kong-based electronics manufacturer MTC Electronics exported…

Bankrupt, defunct exchange FTX is preparing to present an updated reorganization plan to the court in mid-December. 35 Total views 36 Total shares The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December

Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. 178 Total views 10 Total shares London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine.Exmo is selling its digital asset business in Russia…

Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day.Cryptocurrency market daily overview. Source: Coin360Bitcoin clings to surprise gainsData from Coin360 showed BTC/USD come down slightly from Wednesday’s local highs of $7,640 to trade just over $7,500 at press time. The largest cryptocurrency took traders unaware…