Insider trading allegations hit Khamzat Chimaev’s Smash token

The Incognito privacy project released pKyber, which enables users to hide their activity from the public Ethereum ledger within the Kyber Network. 1321 Total views 20 Total shares Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously.First announced…

Matrixport's platform now allows users to buy crypto currencies directly through Visa and Mastercard. 2563 Total views 37 Total shares Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards.Matrixport users can buy seven cryptocurrencies with most…

Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community and has sparked discussions on the potential benefits and challenges of widespread adoption.El…

United States Congressman (R-N.C.) Ted Budd testified to the House of Representatives Ways and Means Committee on purported issues with current tax laws on cryptocurrencies, as per a video of the testimony released on June 4.Congressman Budd argued that cryptocurrencies should have a de minimis tax exemption like foreign currencies.Budd commented that he cosponsored bill…

Thailand’s Customs Department intends to use IBM’s Tradelens blockchain solution to track shipping in Thai ports.According to an announcement published on Aug. 28 on the Thai Customs Department’s official website, the country plans to use Tradelens, a blockchain logistics system. Local news outlet Bangkok Post reported the next day that the platform is expected to…

A subsidiary of Chinese oil and chemical giant Sinochem Group is reportedly in discussions regarding a blockchain platform with Royal Dutch Shell and Australian financial services firm Macquarie Group.As Reuters reported on Sept. 5, sources familiar with the matter said that Sinochem Energy Technology entered into negotiations with the two companies to examine the development…

The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.” The Ontario Securities Commission has issued a notice stating that it will be holding a hearing against Bybit regarding the crypto exchange allegedly “flouting” Canadian securities law.In a Monday notice from the…

Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain.The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows that the public Ethereum blockchain can be applied to securities issuance across the full lifecycle of a security.“Debt security…