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TRON CEO announces Chainlink imitation oracle project

October 30, 2020 News, Tron, TRX Eddy 0

TRON CEO announces the launch of JustLink on October 30th to offer a similar oracle service to Chainlink. Expert predicts a drop in DeFi sector by comparing performance of UNI, SNX, YFI and AAVE. The narrative that the DeFi sector is deflated is gaining strength every day. However, TRON CEO Justin Sun continues to make […]

Crypto Exchange FTX Launches Bitcoin Pairs for Wall Street Stocks Like Tesla, Apple, Amazon

October 30, 2020 AA News, Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, FTX, Wall Street Eddy 0

Crypto derivatives exchange FTX will give cryptocurrency traders the opportunity to trade tokenized shares of major companies like Apple Inc. and Amazon. The so-called fractional stocks will soon be available on the company’s platform. Tokenized Shares To Some Of The Biggest As per a recent report, FTX will be partnering with German financial firm CM Equity […]

Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

October 30, 2020 anti-money laundering, Bitcoin, Bitcoin (BTC), Bitcoin DNM, bitcoin exchanges, Cash, confiscation, Cryptocurrency, darknet market, Deep Web, Dutch Police, Dutch Public Prosecution, KYC/AML guidelines, Money Laundering, News, Police Seizure, Prosecutor's, Seizure Eddy 0

Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash was used on the deep web. Dutch officials recently […]

KPMG Expands Crypto Management Suite to Boost Institutional Adoption

October 29, 2020 audit firms, kpmg bitcoin, kpmg btc, kpmg coin metrics, kpmg crypto, kpmg cryptocurrency, News Eddy 0

KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. […]

Iran Becomes First Country To Use Bitcoin As a Medium of Exchange

October 29, 2020 AA News, Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, Iran, social Eddy 0

Following new sanctions by the United States Treasury Department earlier this week, Iran now hopes to use Bitcoin for cross-border settlements, local media reported Thursday. The Iranian government amended its crypto regulations so that miners can redirect cryptocurrencies to Iran’s finance mechanism for international trades as the country’s fiat currency continues to suffer from both […]

Average Bitcoin transaction fees rose to their highest level since 2018 this week

October 29, 2020 Bitcoin, Mempool, Transaction Fees Eddy 0

Transaction fees on the bitcoin network are at their highest point since early 2018, according to available network data — a development that comes amid recent upward price action for the cryptocurrency. The latest movement in bitcoin network fees appears to have started on October 26, when bitcoin’s price was fluctuating around the $13,000 level. […]

Fidelity Digital Assets teams up with Singapore crypto firm in Asian expansion bid

October 29, 2020 Asia, Bitcoin, Custody, Fidelity Eddy 0

Crypto custody provider Fidelity Digital Assets is offering its technology to a Singapore-based startup as part of a new offering catering to wealthy investors in Asia, according to a Bloomberg report. As part of the arrangement, Stack Funds will leverage Fidelity’s platform to custody digital assets on behalf of “Asia’s high-net-worth investors.” Stack Funds, for […]

China sentences masterminds of $1 billion crypto Ponzi scheme to prison

October 29, 2020 Crime, ponzi Eddy 0

A Chinese court has denied an appeal made by the masterminds of a $1.1 billion crypto Ponzi scheme sentenced to years in prison. The intermediary court in the Yancheng city of China’s Jiangsu province ruled in a judgment on October 27 that four convicts who ran the WoToken Ponzi scheme will serve time behind bars […]

Crypto staking services provider Figment raises $2.5 million in Series A funding

October 29, 2020 Blockchain, Figment, funding rounds, series A, staking Eddy 0

Figment, a crypto staking infrastructure provider, has secured $2.5 million in Series A funding. The round was led by Bonfire Ventures, with participation from FJ Labs, XDL Capital Group, Leminiscap, BKCM, and angel investor Stephan Patnernot. With fresh capital in hand, Figment plans to expand its team and scale its staking infrastructure. Figment currently employs […]

Crypto exchange FTX to offer 24/7 tokenized stock trading

October 29, 2020 Fractional shares, fractional trading, FTX Eddy 0

Cryptocurrency exchange FTX has ventured into the space of tokenized equity trading. The exchange will now let users buy fractions of shares such as Tesla, Amazon, and Apple. Fractional stock trading allows buying less than one share, and it is particularly useful for high-cost stocks. FTX has partnered with German financial services firm CM-Equity, and […]