CZ and Binance face new lawsuit for alleged laundering of stolen crypto

Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” 111 Total views 3 Total shares Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks…

The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore, according to a press release published on July 23.The pilot is the result of a partnership between UnionBank and Singapore-based OCBC Bank, wherein the parties deployed the Adhara liquidity management and international payments platform and UnionBank-UBX's i2i…

Just one week before the election, President Donald Trump's website was briefly defaced by crypto scammers. 980 Total views 10 Total shares One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch.Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations…

Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals.Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by exchange CEO Changpeng Zhao this May — the same month the exchange had suffered a…

Apple is facing the wrath of crypto users yet again as a popular Bitcoin Lightning wallet disappeared from its U.S.-facing App Store. 336 Total views 1 Total shares Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in

The world’s largest pension fund posted a first-quarter loss of $165 billion, which is equivalent to the Bitcoin’s entire market capitalization. 1535 Total views 46 Total shares The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC).Bitcoin didn’t…

Bitcoin (BTC) kept grinding higher at the Sept. 12 Wall Street open as traders called for an imminent correction.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,000 proves essential to flipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $22,481 on Bitstamp, its highest since Aug. 19.The pair had preserved existing gains over the weekend, with…

The new regulation will be designed to provide better protection to Japanese investors. 259 Total views 2 Total shares Japan’s financial regulator, the Financial Services Agency (FSA), has started discussions around imposing stricter regulations for cryptocurrencies in an effort to provide better protection to Japanese investors.Back in July, the FSA established a dedicated section, as…