SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud.
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Three French Banks Join R3 Corda Blockchain-Based Loans Platform
British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14.France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform Fusion LenderComm, following previous pilots back in 2017.Based on blockchain consortium R3’s open source blockchain…
Big tech is prepping an explosive pivot to robotics
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.
Is the weakness of Bitcoin after the ‘Elon Musk pump’ hinting at a bull trap?
The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious.One concerning trend is that the volume of Bitcoin has been stagnating along with its price, apart from the…
OKEx to resume withdrawals next week with promises of 100% reserves
OKEx is set to lift its withdrawal freeze first introduced on Oct. 15, claims the exchange cooperated with authorities and no foul play was discovered. 928 Total views 6 Total shares Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting.The exchange first suspended withdrawals on Oct. 15, a decision…
US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange, a press release by the SEC reveals Thursday, Nov. 8.EtherDelta, which served as a secondary marketplace for trading ERC20 tokens, allows its users to buy and sell digital assets by…
Galaxy Digital and XBTO Execute First Block Trade of Bakkt Bitcoin Futures
Intercontinental Exchange (ICE), the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin (BTC) futures contracts.ICE revealed the development in an Oct. 4 press release, specifying that the first Bakkt Bitcoin Futures block trade was executed between digital assets merchant bank Galaxy Digital and crypto investment firm…
Bitcoin price searches for direction ahead of this week’s $710M BTC options expiry
Bitcoin (BTC) bulls laid most of their options at $24,500 and higher for the March 3 options expiry, and given the recent bullishness seen from BTC, who can blame them? On Feb. 21, Bitcoin price briefly traded above $25,200, reflecting an 18% gain in eight days. Unfortunately, regulatory pressure on the crypto sector increased and…
Cryptocurrency News From Japan: March 8-14 in Review
This week’s headlines from Japan included GMO Coin reporting record transaction volume from February, BitFlyer surpassing 2.5 million users, Tokai Tokyo Securities joining the Japan STO Association, and SBI FX seeking margin trading licensing.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.GMO coins exchange posts record high numbersGMO Coin…