Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

Hong Kong cryptocurrency exchange JPEX has suspended trading following an probe by the Hong Kong Securities and Futures Commission (SFC), which resulted in the arrest of one person attached to the exchange, according to a local media report.Hong Kong-based JPEX has been operating in the territory without a license, the SFC says, and police have

news Microsoft is launching the first decentralized infrastructure implementation by a major tech company that is built directly on the bitcoin blockchain. The open source project, called Ion, deals with the underlying mechanics of how networks talk to each other. For example, if you log onto Airbnb using Facebook, a protocol deals with the software…

Registered securities firm Prometheum intends to take custody of customers' UNI and ARB as securities when it gets rolling, adding them to its existing plans for Ethereum's ether. While the crypto industry fights the Securities and Exchange Commission's stance on tokens as securities, Prometheum is still seeking a road to comply with the agency's view.

news The eToro cryptocurrency wallet is adding support for 120 ERC-20 standard tokens. First to be included in the wallet from Tuesday are Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG), with the others to follow in the “near future,” according to a press release emailed to CoinDesk. ERC-20 is a technical standard that sets rules for…

feature Blockchain technology is nice to have, but it’s hardly a must for rewiring the global financial markets.   So says Alan Marquard, chief strategy and development officer at CLS Group, the global utility for settling foreign exchange trades, owned by the 71 largest banks active in that market. Nearly a year ago, it went live…

Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to make the platform more scalable…

Apr 30, 2020 at 12:10 UTCUpdated Apr 30, 2020 at 12:11 UTC(Credit: Florida National Guard)Binance, Brock Pierce Donate $1M to Puerto Rico’s Covid-19 FightBrock Pierce’s Puerto Rican nonprofit has teamed up with Binance to buy $1 million in personal protective equipment to help fight coronavirus in Puerto Rico. Integro Foundation – run by one-time bitcoin billionaire…

Chainalysis has hired former IRS-CI chief Jim Lee for a newly-created position liaising with regulators, tax agencies, and law enforcementLee will help those agencies better use Chainalysis’ data and tools to fight crypto crimeIn his time as IRS-CI chief, Lee helped take down darknet marketplaces Hydra and Welcome to VideoBlockchain analytics firm Chainalysis has hired

On Thursday, September 6, the Fresno Division of the U.S. District Court for the Eastern District of California concluded a 14-month-long civil forfeiture case to seize assets and property that belonged to Alexandre Cazes, the Canadian national who committed suicide by hanging in Thai prison last summer – days after being arrested on suspicion of…