Too Early to Tell if Libra Is a Security, CFTC Chairman Says
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Rebranded TrueDigital Partners for ‘Imminent’ Launch of Bitcoin Derivatives
news Institutional digital assets platform Tassat, formerly known as trueDigital, has teamed up with trading software provider AlgoTrader in the run up to its launch of cryptocurrency derivatives. The deal will see Tassat provided access to AlgoTrader’s institutional clients for the planned derivatives instruments. Meanwhile, those clients will benefit from being able to incorporate the products in their…

India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
Mar 4, 2020 at 06:56 UTCUpdated Mar 4, 2020 at 07:12 UTCIndia rupee image via ShutterstockThe Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that curbed crypto trading in Asia's third-largest economy. According to a report from Bloomberg, a three-judge bench of the court…

First Mover Americas: Cryptocurrency Trading Volumes Increase for First Time in Three Months
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Crypto trading volumes rose in June for the first time in three months amid optimism following the filing of spot bitcoin exchange-traded-fund (ETF) proposals by BlackRock and other…

Thai Gang Member Arrested Over Alleged $16 Million Crypto Fraud
news A Thai man has been arrested for his alleged involvement in a crypto crime ring that fleeced investors for 500 million baht (over $16 million). Forty-eight-year-old Mana Jumuang was arrested as part of an operation to apprehend the criminals behind a scheme that encouraged people to invest in cryptocurrencies, but after providing initial returns,…

Hong Kong to Expedite Immigration for Blockchain Job Seekers
NEWS Aug 29, 2018 at 03:35 UTC Hong Kong is seeking to attract worldwide talents with specialties in innovative technologies including blockchain via a special immigration policy. The Hong Kong government released a talent list on Tuesday that covers a range of 11 professions that are now eligible to receive bonus marks when experts in…

Baidu Adds Service to Help Developers, Small Businesses Build Dapps
Chinese internet giant Baidu launched on Monday a blockchain-based service for developers and small and medium-sized businesses to build decentralized applications, or dapps. The new service, translated from the Chinese as Open Network, will enable users to develop and deploy applications without building their own blockchain platforms, according to a Chinese media report by STCN, a…

Crypto Exchange QuickBit Confirms Data Breach That May Impact 300,000 Users
news QuickBit, a Swedish cryptocurrency exchange listed on the NGM Nordic MTF market, allegedly leaked 300,000 customer records via an unprotected MongoDB database. The exchange confirmed the event in a series of updates on their investor relations board. The leak, detailed by security researcher Paul Bischoff, first dame to light after security aggregator Shodan noted…

Japan to Hold First Ever Trial Over Crypto Hacking Losses
news An 18-year-old Japanese youth has been sent to prosecutors in the country’s first ever trial involving cryptocurrency cyber-theft. According to a report from The Japan Times on Friday, the unnamed minor from the city of Utsunomiya, Tochigi Prefecture, allegedly stole about 15 million yen ($134,340) in the cryptocurrency monacoin. In Japan, you are legally…