Dubai’s crypto regulator cracks down on unlicensed firms

Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a joint press release published on Tezos Foundation’s website on July 3.The new initiative is a collaboration between BTG Pactual and Dubai-based asset manager…

LinkedIn co-founder and former PayPal COO Reid Hoffman has become the latest participant in the Lightning Torch Bitcoin (BTC) transaction relay, Blockstream CEO Adam Back confirmed on social media on Feb. 26.Reid, whom Back appeared to choose due to his lead investment role in Blockstream, is the 224th person to “hold” the Torch, which began…

Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively. 1023 Total views 4 Total shares The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn.According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an…

Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. 2203 Total views 10 Total shares As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the…

Crypto influencer Ben “BitBoy” Armstrong has reportedly been arrested following a livestream outside the house of Carlos Diaz, a former business partner. 1141 Total views 13 Total shares Crypto influencer Ben Armstrong, previously known as “BitBoy,” has reportedly been arrested while livestreaming outside the house of a former business associate, who he alleges is in

The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business. 376 Total views 5 Total shares The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed on Tuesday a partnership with fintech company Symbiont to provide more accurate data for financial firms through blockchain technology. Vanguard,…

Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through misleading or false recommendations.YoBit Pump in 22 hrs: https://t.co/RIbW7OhKzMWe will buy one random coin for…

The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business. 2340 Total views 38 Total shares Another Filipino finance entity issued a warning against the alleged crypto Ponzi scheme Bitcoin Revolution, accusing them of impersonating the country’s president, as well as its finance and…