CoinTelegraph: Previously Hacked Gatecoin Exchange Receives Liquidation Order Following Banking Problems
Thursday, 14 March 2019 14:50
Hong Kong-based exchange Gatecoin, which was hacked in 2016, has officially received a court liquidation order, the company reported
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Bitcoin Magazine: Tether Updates Website, Says USDT Backed by “Reserves,” Not Just Cash
Thursday, 14 March 2019 17:18
Tether just updated its website to clarify that each of its USDT tokens, which it used to claim were “always backed 1-to-1 with traditional currency,” are backed by assets other than fiat currency.Now, the website instead reassures its patrons that it’s always “100% backed by [its] reserves.”…
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CryptoSlate: Global Banking Standard Setter Admits Bitcoin and Crypto are a Risk to Banks
Friday, 15 March 2019 08:20
A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market. BIS believes that cryptocurrencies are an unsafe medium of exchange and store of…
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NullTX: Central Bank of Mexico’s new Guidelines Will not Result in a Crypto ban
Friday, 15 March 2019 09:08
The cryptocurrency world has seen its fair share of controversy, fake news, and rumors. It now seems another rumor is spreading, although it seems unlikely to have any major impact. A new set of cryptocurrency-oriented guidelines has been announced in Mexico, which leads many people to believe…
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bitcoin.com: Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market
Wednesday, 13 March 2019 20:15
The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto…
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Coingape: Bitcoin Vs FIAT Currency, Which is more Volatile?
Wednesday, 13 March 2019 03:40
Bitcoin, more often then not, has been criticized because of the volatility in its price. However, a statistic that has come to light suggests a different [...] The post Bitcoin Vs FIAT Currency, Which is more Volatile? appeared first on Coingape.
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The Coin Shark: FUBT: Empowering Digital Assets and Boosting the Token Economy
Wednesday, 13 March 2019 15:30
In the recent couple of years, Asia has become the region that is ahead of everybody when it comes to technologies. Anything that is new, unique and has potential is quickly being implemented in the East, while the rest of the world is just thinking it over.…
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bitcoin.com: How the World’s Leading Banks Help Launder $2 Trillion a Year
Monday, 11 March 2019 21:50
Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide…
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CoinTelegraph: Overstock’s Blockchain Subsidiary Acquires Stake in Blockchain Banking Platform
Monday, 11 March 2019 22:45
Overstock.com’s blockchain subsidiary Medici has purchased a stake in blockchain banking project Bankorus
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NullTX: Globitex launches Euro Wallet – one step closer to bridging Cryptocurrency and Banking
Tuesday, 12 March 2019 01:53
Globitex has announced the launch of its revolutionary fintech product the EURO Wallet – Crypto Banking Solution with Instant Transfers! The service is powered by Nexpay UAB, an EU licensed financial institution. The EURO Wallet allows users to make and receive EUR payments on a personal IBAN…
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