Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.
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OneCoin Marketing Scam Operator Fined $72,000 in Singapore
A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin. 604 Total views 29 Total shares On Wednesday, a 52-year old man named Fok Fook Seng of Singapore was found guilty of operating a multi-level marketing scam linked to the cryptocurrency Ponzi scheme OneCoin.Since its inception, the …
Here’s what SOC 2 compliance audits mean for crypto projects
While the audit demonstrates trust and transparency, Eric Lister from audit firm A-LIGN explained that it does not improve business systems. 190 Total views 1 Total shares While a series of global incidents severely damaged trust in the crypto space, some still hope to regain this trust by going through processes that assure compliance with…
Former Coinbase Exec Appointed Head of Sales and Marketing at Fidelity
Digital assets trading and custody platform Fidelity Digital Assets has named a former Coinbase executive the head of Sales and Marketing, according to a press release published on April 10.Christine Sandler — who previously served as head of institutional sales at American major cryptocurrency exchange Coinbase — has joined Fidelity as its head of Sales…
Will compromise on anonymous crypto appease US regulators, spur adoption?
Cryptocurrencies were designed to be anonymous or pseudonymous, so there is an inherent tension when protocols come up against jurisdictional authorities. In the United States, the blockchain and cryptocurrency sector has jousted with regulators over the need to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) rules, and even over adherence to economic sanctions…
BTC price nurses 5% dip amid warning Bitcoin can still 'flush' to $60K
Bitcoin rapidly rids itself of record open interest but concerns remain over the short-term BTC price trend.
Polygon 2.0: 2024 to see unified ZK-powered L2 chains
Polygon co-founder Jordi Baylina says 2024 will see the amalgamation of Polygon’s various Ethereum layer-2 scaling networks to complete its “Polygon 2.0” cross-chain coordination protocol.Speaking exclusively to Cointelegraph, Baylina said 2024 would be a litmus test to see how the Polygon ecosystem’s various networks can scale and integrate through the implementation of zero-knowledge proofs (ZK-proofs):“2024
SEC Delays Decision on Bitcoin ETF, Sets Deadline for Late February
The United States Securities and Exchange Commission (SEC) has again postponed its decision on the first ever Bitcoin (BTC) Exchange-Traded Fund (ETF), according to an official document published Thursday, Dec. 6.The SEC set the new deadline for Feb. 27, 2019 in order to further review the rule change proposals to list a Bitcoin ETF by…
Crypto Markets See Stirrings of Volatility as Major Coins Tip Into Red
Monday, Oct. 29: Crypto markets are seeing the first momentum in a while after a period of marked stability: virtually all of the major cryptocurrencies are in the red today, with some seeing losses of between a 4-6 percent range, as Coin360 data shows.Market visualization by Coin360Bitcoin (BTC) is trading at $6,352 at press time,…