Crypto exchange volumes hit 3 year high in November, riding Trump’s win
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November.
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FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase. 114 Total views 1 Total shares Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts

Israeli Supreme Court Rules in Favor of Cryptocurrency Exchange in Bank Dispute
The Supreme Court of Israel has declared that Leumi Bank cannot block the cryptocurrency exchange Bits of Gold’s account on the grounds of regulatory concerns, according to a report by Finance Magnates on June 3.Despite the Supreme Court’s ruling against Leumi, the bank reportedly maintains its stance against dealing with the exchange. The report notes,…

Bank of Canada Study Finds Double Spending in Blockchain is ‘Unrealistic’
The Bank of Canada (BoC) has published a study on the “incentive compatibility” of blockchain technology this week, finding that double spending is an “unrealistic” outcome. The new BoC study focuses on a proof-of-work (PoW) protocol for blockchain technology, modelling the behaviors of a “honest miner” and a “dishonest miner.” The Canadian bank’s researchers modelled…

Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans
The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans.In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes:“We believe there may be attractive opportunities to provide digital currency borrowing facilities to deepen our high quality customer…

Waste Management Firm Launches Blockchain Platform in UAE City
A blockchain-enabled waste permit portal will be launched in Sharjah, the United Arab Emirates (UAE), the country’s official news agency, Emirates News Agency (WAM), reported on Feb. 17.The blockchain-based waste permit portal will be jointly developed by environmental, recycling and waste management company Bee’ah and the Hamriyah Free Zone Authority (HFZA) — the city of…

Travelport and IBM Work on Blockchain Platform for Hotel Commissions
Artificial intelligence-enabled travel platform Travelport, IBM and travel management company BCD Travel are jointly developing a blockchain platform to streamline hotel commission reconciliation.Per a press release on Aug. 20, the companies are collaboratively working on the creation of a blockchain-based platform in a bid to optimize hotel commission processing. Specifically, the product will purportedly allow…

Report: Coinbase Deposits for UK Users Now Take 10 Days, Must Be Over £1,000
United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff reportedly confirmed in private emails on July 16.Report: Coinbase Suspends Faster Payments Deposits in U.K.Coinbase, which previously allowed U.K. users to deposit fiat funds via the country’s Faster Payments settlement system, has…

Robinhood exec says proposal for a single digital asset regulator is stupid
Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space. 255 Total views 7 Total shares Robinhood’s chief legal officer Dan Gallagher described the idea of creating a new digital asset regulator was “just plain silly” at a conference on Nov. 17.Robinhood is a…