Latest Updates

New York State Attorney General Restarts Investigation Of Tether

  • Tether co-founder and presidential candidate Brock Pierce is not officially part of the investigations yet.
  • The attorney general claims that $850 million were already sent to a third-party payment processor.
New York state attorney general Letitia James.Spectrum News NY1

  • Tether co-founder and presidential candidate Brock Pierce is not officially part of the investigations yet.
  • The attorney general claims that $850 million were already sent to a third-party payment processor.
WikiLeaks founder Julian Assange. Getty

WikiLeaks Integrates Bitcoin Lightning Payments Into Their Online Shop

  • Customers of WikiLeaks Shop can now buy merch and make transactions in a matter of seconds.
  • The organization plans to add as many crypto payment methods as possible.
New York Attorney General (NYAG) Letitia James is the person leading the prosecution of Bitfinex and Tether for an alleged $850 million loss of funds cover-up. Lucas Jackson/REUTERS

Bitfinex Appeal Over $850M In Lost Funds Rejected

  • Bitfinex's appeal claimed that the firm was not under the jurisdiction of New York.
  • The court pointed out in its rejection that the New York AG was looking for documents dating back to 2015, and that Bitfinex was serving New York customers until 2017.
Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.

Brave Partners With BitFlyer To Enter Japan’s Crypto Asset Space

  • BitFlyer will develop a new crypto asset wallet for Brave browser users.
  • The partnership between the companies intends to help promote mainstream cryptocurrency use and alter blockchain regulation in Japan.

  • BitFlyer will develop a new crypto asset wallet for Brave browser users.
  • The partnership between the companies intends to help promote mainstream cryptocurrency use and alter blockchain regulation in Japan.

Daimler, The Company Behind Mercedes, Researches Supply Chain Data Sharing

  • Ocean Protocol is helping Daimler in its quest to decentralize internal data.
  • According to Ocean Protocol founder Bruce Pon, through blockchain, automotive companies can get to the level of Google and Bloomberg.
Daimler CEO Dieter Zetsche poses prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany on May 22, 2019. AP Photo/Michael Sohn

  • Ocean Protocol is helping Daimler in its quest to decentralize internal data.
  • According to Ocean Protocol founder Bruce Pon, through blockchain, automotive companies can get to the level of Google and Bloomberg.

Centre Freezes $100,000 In USDC Due To Law Enforcement Request

  • This move marks the first time the Centre Consortium used its power to blacklist an address.
  • Blacklisted addresses are no longer able to receive USDC, while the funds already inside are blocked, and cannot be transferred on-chain.

China’s Equivalent Of Uber To Trial Digital Yuan

  • Ride-hailing giant DiDi has entered into a partnership with China's central bank to trial its upcoming Central Bank Digital Currency.
  • Valued at over $56 billion, the company claims to have more than 500 million users across China.

Binance Adds Support For 15 New National Currencies

  • The new fiat gateway comes thanks a partnership with crypto asset and fiat money institutional custodian Etana Custody.
  • Until 5 August, Etana will wave off all custody and deposit fees for sums of $1,000 or higher.
Binance chief executive officer Changpeng Zhao during an interview. Akio Kon/Bloomberg

  • The new fiat gateway comes thanks a partnership with crypto asset and fiat money institutional custodian Etana Custody.
  • Until 5 August, Etana will wave off all custody and deposit fees for sums of $1,000 or higher.

Editors' Picks

Binance Aids UK National Health Service With 27,000 Masks

  • Binance Charity made a donation worth more than $60,000 to the National Health Service in the U.K.
  • The organization openly expressed their support for the healthcare system and ensured future aid in the battle against COVID-19.
People wearing masks stand in a line to buy face masks in front of a drug store amid the rise in confirmed cases of COVID-19 in Daegu, South Korea, March 3, 2020. Kim Kyung-hoon/Reuters

  • Binance Charity made a donation worth more than $60,000 to the National Health Service in the U.K.
  • The organization openly expressed their support for the healthcare system and ensured future aid in the battle against COVID-19.

Former Crypto Company CEO Declared Bankrupt As Pressure From Investors Mounts

  • One of VaultAge Solutions' biggest investors, Simon Dix, filed a sequestration order in the Gauteng High Court in Pretoria.
  • Some of Breedt's possessions, including a Ledger Nano stick, have been confiscated by the authorities.

EMURGO, Travala.com Collaborate To Push Adoption Of Cardano’s ADA

  • Travala.com accepts more than 28 cryptocurrencies as payment, among which is now Cardano's ADA.
  • The last six weeks have seen a steady increase in travel bookings, showing recovery of the industry after the pandemic.

Blockchain Data Startup The Graph Raises $5 Million In Token Sale

  • Ethereum data firm The Graph manages to collect over $5 million from their Initial Coin Offering.
  • The company plans on expanding their indexing protocol, allowing for faster and more accurate interactions.

U.K. Regulator Suspends Wirecard’s Card Issuer

  • The FCA started working with Wirecard's subsidiary immediately after it became known it was missing $2.1 billion.
  • As a result of the action, Crypto.com is now about to terminate its card operations in the EU and UK.

Fraunhofer IPK, Unibright Partner On Baselining Additive Manufacturing

  • The collaborative project is part of the Baseline protocol public development roadmap.
  • Integration with SAP is also in the pipeline for the project as the partners look to complete the task in Q4 2020.

Gemini Publishes Black Lives Matter-Related Announcement

  • According to founders, Cameron and Tyler Winklevoss, speaking out against racism should be a humanitarian issue.
  • Gemini will also support organizations which fight for reforms that are in aid of people of color.

Opinion

Brendan Eich, CEO and founder of Brave. David Maung/Bloomberg

Opinion: Why The Brave Affiliate Link Antics Matter More Than You Think

  • Brave replaced some URLs typed in the browser with affiliate links due to a setting that used to be enabled by default.
  • The setting provides no indication that it has anything to do with affiliate links.

Follow This One Rule To Avoid Being Scammed

  • Scammers' revenue has grown from "just" $400 million in 2017 to more than $4 billion in 2019.
  • Following this one rule will help you identify the overwhelming majority of crypto schemes that many are still falling prey to.

It Would Have Been So Much Easier To Distribute The COVID-19 Stimulus Package With CBDC

  • Sending cheques by mail poses a multitude of problems, including lost cheques and wrong addresses.
  • If there was a central bank digital currency in place, the distribution process could have been so much simpler, as simple as executing a process in a simple UI.

Can Bitcoin be Used as a Central Bank Digital Currency?

  • As unlikely as it might be, we took a look at bitcoin being used as a central bank digital currency.
  • We listed the pros and cons, as well as the necessary evolution bitcoin would have to go through in order to be used as a CBDC.

Opinion: 2020, The Return of Cryptocurrency

  • With three bullish trends dominating this January alone, the crypto market is showing strong signs of an all-out bull charge.
  • The quick progress of blockchain and digital assets into a multitude of industries is fueling a new bubble, bringing up memories of the 2018 Armageddon.

Democratic Presidential Candidates Should Talk About Cryptocurrency

  • Aside from a few generic mentions, cryptocurrency has been left out of the 7 Democratic debates so far.
  • The digital assets sector has matured enough to demand the attention of top-level lawmakers as regulatory uncertainty keeps hindering innovation.

Fraud is Holding Back the Crypto Market. Will it Ever End?

  • Investors need to start evaluating projects more critically, opting to invest in what people do, not what they say.
  • More than $4 billion worth of cryptocurrency have been stolen in 2019, compared to $1.7 billion in 2018.

In Other News

Brock Pierce in Puerto Rico with his wife, Crystal Rose. Christopher Gregory/Rolling Stone

Cryptocurrency Magnate Brock Pierce To Run For US President, Denies Previous Allegations

  • Brock Pierce launched his presidential campaign after years of trying to clean up his reputation.
  • He promises to support small businesses and improve the lives of Americans through 21st-century technology.

Crypto Debit Card Provider Swipe Acquired By Binance

  • The acquisition will help the two companies work together on bridging the gap between fiat and digital assets.
  • Though the acquisition was made for an undisclosed amount, the two firms have already listed each other's native tokens on their respective platforms.

Arca Launches New SEC-Registered Digital Security On Ethereum

  • The so-called ArCoin is a new ERC-1404 token, which represents the "Arca U.S. Treasury Fund".
  • The new fund has chosen to invest the majority of its assets in one of the investment world's least risky asset, Treasurys.

Expedia Now Accepts Cryptocurrencies For Travel Bookings

  • A partnership with Travala.com makes the new payment options possible.
  • The collaboration has also allowed Travala.com to add over 700,000 accommodations to its growing list of 2 million options.

OKEx Partners With Settle Network To Launch Fiat-To-Crypto Solution In Latin America

  • Latin American users can now buy BTC and ETH with local currencies.
  • OKEx will look to expand the coverage of fiat currencies in the future to promote wider adoption of crypto.

Singapore Man Found Guilty Of Promoting OneCoin

  • The 52-year old man has been fined $72,000.
  • Using a referral program similar to pyramid schemes, the man and his team were able to sign up 1,180 people from Singapore and other countries.

The Winner Of This Ethereum Reddit Competition Will Receive 25,000 Dai

  • The award was announced after criticism from the Reddit community.
  • Developers will be able to share their demos by July 31, 2020.

Sri Lanka’s Central Bank Shortlists Candidates For Blockchain KYC Platform

  • The three shortlisted companies are expected to finish developing their PoC's in the next six to nine months.
  • Since its announcement in November 2019, the project has received 36 applications in total.

Innovative System Facilitates Completely New Types Of Money-Based Applications

  • Everybody with a smartphone can use Public Mint, even if they do not have a bank account.
  • Public Mint operates as a fiat blockchain layer on top of a network banks.

Cryptocurrency

WikiLeaks founder Julian Assange. Getty

WikiLeaks Integrates Bitcoin Lightning Payments Into Their Online Shop

  • Customers of WikiLeaks Shop can now buy merch and make transactions in a matter of seconds.
  • The organization plans to add as many crypto payment methods as possible.
New York Attorney General (NYAG) Letitia James is the person leading the prosecution of Bitfinex and Tether for an alleged $850 million loss of funds cover-up. Lucas Jackson/REUTERS

Bitfinex Appeal Over $850M In Lost Funds Rejected

  • Bitfinex's appeal claimed that the firm was not under the jurisdiction of New York.
  • The court pointed out in its rejection that the New York AG was looking for documents dating back to 2015, and that Bitfinex was serving New York customers until 2017.
Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.
Illustration by Freepik

Centre Freezes $100,000 In USDC Due To Law Enforcement Request

  • This move marks the first time the Centre Consortium used its power to blacklist an address.
  • Blacklisted addresses are no longer able to receive USDC, while the funds already inside are blocked, and cannot be transferred on-chain.

Business

Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.
Illustration by Freepik

Brave Partners With BitFlyer To Enter Japan’s Crypto Asset Space

  • BitFlyer will develop a new crypto asset wallet for Brave browser users.
  • The partnership between the companies intends to help promote mainstream cryptocurrency use and alter blockchain regulation in Japan.
Daimler CEO Dieter Zetsche poses prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany on May 22, 2019. AP Photo/Michael Sohn

Daimler, The Company Behind Mercedes, Researches Supply Chain Data Sharing

  • Ocean Protocol is helping Daimler in its quest to decentralize internal data.
  • According to Ocean Protocol founder Bruce Pon, through blockchain, automotive companies can get to the level of Google and Bloomberg.
People wearing masks stand in a line to buy face masks in front of a drug store amid the rise in confirmed cases of COVID-19 in Daegu, South Korea, March 3, 2020. Kim Kyung-hoon/Reuters

Binance Aids UK National Health Service With 27,000 Masks

  • Binance Charity made a donation worth more than $60,000 to the National Health Service in the U.K.
  • The organization openly expressed their support for the healthcare system and ensured future aid in the battle against COVID-19.
Image by DiDi Chuxing

China’s Equivalent Of Uber To Trial Digital Yuan

  • Ride-hailing giant DiDi has entered into a partnership with China's central bank to trial its upcoming Central Bank Digital Currency.
  • Valued at over $56 billion, the company claims to have more than 500 million users across China.

Politics

New York state attorney general Letitia James.Spectrum News NY1

New York State Attorney General Restarts Investigation Of Tether

  • Tether co-founder and presidential candidate Brock Pierce is not officially part of the investigations yet.
  • The attorney general claims that $850 million were already sent to a third-party payment processor.
Brock Pierce in Puerto Rico with his wife, Crystal Rose. Christopher Gregory/Rolling Stone

Cryptocurrency Magnate Brock Pierce To Run For US President, Denies Previous Allegations

  • Brock Pierce launched his presidential campaign after years of trying to clean up his reputation.
  • He promises to support small businesses and improve the lives of Americans through 21st-century technology.

UK Regulator Lifts Restrictions On Wirecard

  • The firm's U.K. subsidiary was ordered to cease all of its regulated activities last Friday.
  • Wirecard now has a written consent to resume operations and is expecting all of its cards to be operational by 1 July.
Photo by Bloomberg

  • The firm's U.K. subsidiary was ordered to cease all of its regulated activities last Friday.
  • Wirecard now has a written consent to resume operations and is expecting all of its cards to be operational by 1 July.

Nigeria’s SEC Deems “World’s First Philanthropic Blockchain” Illegal, Unregulated

  • The commission has publicly announced that IBSmartify products are not registered or regulated.
  • Any person dealing with IBSmartify will assume personal responsibility for their actions.
Illustration by Freepik

  • The commission has publicly announced that IBSmartify products are not registered or regulated.
  • Any person dealing with IBSmartify will assume personal responsibility for their actions.

Technology

Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.
Photo by Sri Lanka Mirror

Sri Lanka’s Central Bank Shortlists Candidates For Blockchain KYC Platform

  • The three shortlisted companies are expected to finish developing their PoC's in the next six to nine months.
  • Since its announcement in November 2019, the project has received 36 applications in total.
Illustration by Freepik

Innovative System Facilitates Completely New Types Of Money-Based Applications

  • Everybody with a smartphone can use Public Mint, even if they do not have a bank account.
  • Public Mint operates as a fiat blockchain layer on top of a network banks.

Read More

NEWS

Business

Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.

Brave Partners With BitFlyer To Enter Japan’s Crypto Asset Space

  • BitFlyer will develop a new crypto asset wallet for Brave browser users.
  • The partnership between the companies intends to help promote mainstream cryptocurrency use and alter blockchain regulation in Japan.

Daimler, The Company Behind Mercedes, Researches Supply Chain Data Sharing

  • Ocean Protocol is helping Daimler in its quest to decentralize internal data.
  • According to Ocean Protocol founder Bruce Pon, through blockchain, automotive companies can get to the level of Google and Bloomberg.

Exchanges

New York Attorney General (NYAG) Letitia James is the person leading the prosecution of Bitfinex and Tether for an alleged $850 million loss of funds cover-up. Lucas Jackson/REUTERS

Bitfinex Appeal Over $850M In Lost Funds Rejected

  • Bitfinex's appeal claimed that the firm was not under the jurisdiction of New York.
  • The court pointed out in its rejection that the New York AG was looking for documents dating back to 2015, and that Bitfinex was serving New York customers until 2017.

Binance Adds Support For 15 New National Currencies

  • The new fiat gateway comes thanks a partnership with crypto asset and fiat money institutional custodian Etana Custody.
  • Until 5 August, Etana will wave off all custody and deposit fees for sums of $1,000 or higher.

Crypto Debit Card Provider Swipe Acquired By Binance

  • The acquisition will help the two companies work together on bridging the gap between fiat and digital assets.
  • Though the acquisition was made for an undisclosed amount, the two firms have already listed each other's native tokens on their respective platforms.

Politics

New York state attorney general Letitia James.Spectrum News NY1

New York State Attorney General Restarts Investigation Of Tether

  • Tether co-founder and presidential candidate Brock Pierce is not officially part of the investigations yet.
  • The attorney general claims that $850 million were already sent to a third-party payment processor.

Cryptocurrency Magnate Brock Pierce To Run For US President, Denies Previous Allegations

  • Brock Pierce launched his presidential campaign after years of trying to clean up his reputation.
  • He promises to support small businesses and improve the lives of Americans through 21st-century technology.

UK Regulator Lifts Restrictions On Wirecard

  • The firm's U.K. subsidiary was ordered to cease all of its regulated activities last Friday.
  • Wirecard now has a written consent to resume operations and is expecting all of its cards to be operational by 1 July.

Legal

New York state attorney general Letitia James.Spectrum News NY1

New York State Attorney General Restarts Investigation Of Tether

  • Tether co-founder and presidential candidate Brock Pierce is not officially part of the investigations yet.
  • The attorney general claims that $850 million were already sent to a third-party payment processor.

Bitfinex Appeal Over $850M In Lost Funds Rejected

  • Bitfinex's appeal claimed that the firm was not under the jurisdiction of New York.
  • The court pointed out in its rejection that the New York AG was looking for documents dating back to 2015, and that Bitfinex was serving New York customers until 2017.

Former Crypto Company CEO Declared Bankrupt As Pressure From Investors Mounts

  • One of VaultAge Solutions' biggest investors, Simon Dix, filed a sequestration order in the Gauteng High Court in Pretoria.
  • Some of Breedt's possessions, including a Ledger Nano stick, have been confiscated by the authorities.

Fraud

Illustration by Freepik

Nigeria’s SEC Deems “World’s First Philanthropic Blockchain” Illegal, Unregulated

  • The commission has publicly announced that IBSmartify products are not registered or regulated.
  • Any person dealing with IBSmartify will assume personal responsibility for their actions.

DeFi Protocol Loses $500K Due To Hack

  • The attack exploited a loophole that tricked the protocol into releasing $500,000 worth of tokens.
  • In order to hide his tracks, the hacker used ether that was laundered through Tornado Cash, an Ethereum-based mixer.

Hacker Group Allegedly Stole $200M In Exchange Hacks

  • Known as CryptoCore, the group has been linked to atleast five known cryptocurrency exchange hacks.
  • Though with unknown origins, the group is believed to be connected to the East European region, Ukraine or Russia.

Technology

Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.

Sri Lanka’s Central Bank Shortlists Candidates For Blockchain KYC Platform

  • The three shortlisted companies are expected to finish developing their PoC's in the next six to nine months.
  • Since its announcement in November 2019, the project has received 36 applications in total.

Innovative System Facilitates Completely New Types Of Money-Based Applications

  • Everybody with a smartphone can use Public Mint, even if they do not have a bank account.
  • Public Mint operates as a fiat blockchain layer on top of a network banks.

Stablecoins

Illustration by Freepik

Centre Freezes $100,000 In USDC Due To Law Enforcement Request

  • This move marks the first time the Centre Consortium used its power to blacklist an address.
  • Blacklisted addresses are no longer able to receive USDC, while the funds already inside are blocked, and cannot be transferred on-chain.

Circle Launches USDC On Algorand

  • Circle's USD Coin will benefit from Algorand's speed and security.
  • Algorand has become only the second organization to support USDC and the foundation's COO has expressed her excitement about the partnership.

Tether Launches On OMG Network To Reduce Load On Ethereum

  • The OMG Network claims to support thousands of transactions per second at a third of the cost of the same transaction on Ethereum.
  • With the new integration, Tether is now available on seven different blockchains, though Ethereum remains its largest value settler.

Bitcoin

WikiLeaks founder Julian Assange. Getty

WikiLeaks Integrates Bitcoin Lightning Payments Into Their Online Shop

  • Customers of WikiLeaks Shop can now buy merch and make transactions in a matter of seconds.
  • The organization plans to add as many crypto payment methods as possible.

OKEx Integrates With P2P Bitcoin Marketplace Paxful

  • The new partnership will provide OKEx customers with over 160 new fiat currency onramps, and several new payment options.
  • The partnership will also make it possible for Paxful users to access a variety of trading options on the OKEx platform.

Wilshire Phoenix Files For New Bitcoin Investment Trust

  • Wilshire's new Bitcoin Commodity Trust will be similar to Grayscale's Bitcoin Trust.
  • While Grayscale's trust is known for its high 2% annual fee for custody, Wilshire has decided to propose a lower fee of 0.9%.

Ethereum

Image by GettyImages

Arca Launches New SEC-Registered Digital Security On Ethereum

  • The so-called ArCoin is a new ERC-1404 token, which represents the "Arca U.S. Treasury Fund".
  • The new fund has chosen to invest the majority of its assets in one of the investment world's least risky asset, Treasurys.

The Winner Of This Ethereum Reddit Competition Will Receive 25,000 Dai

  • The award was announced after criticism from the Reddit community.
  • Developers will be able to share their demos by July 31, 2020.

First U.S. Ethereum Futures Contracts Launched By ErisX

  • The first physically-settled futures contracts for the 2nd largest crypto by market cap will be regulated by the CFTC.
  • The new offer came only days after the exchange obtained the lucrative New York virtual currency license.

Ripple

Photo by Getty

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.

New Lawsuit Alleges XRP Sale Violated Security Laws

  • The new allegations are coming from the same firm which unsuccessfully tried to sue crypto derivatives exchange FTX for $150 million in November 2019.
  • The company, Bitcoin Manipulation Abatement, is looking to "recover damages" and obtain "compensatory damages".

TPBank To Provide Transparent Transactions Between Vietnam & The World Using RippleNet

  • Via the new remittance services a transaction between two countries can be settled in minutes.
  • Using RippleNet, TPBank plans to open new cross-border transaction corridors and eventually grow their operations into other countries.

Bitcoin Cash

The Scheduled Bitcoin Cash Network Upgrade Is Complete

  • Bitcoin Cash's planned network upgrade went without hiccups or attacks on the network.
  • Three new features have been added, enhancing user experience and development capabilities alike.

Bitcoin ABC, Jiang Zhuoer Determined to Implement a Mining Tax on Bitcoin Cash

  • Major ecosystem participants, including former supporters of the proposal, have publicly criticised the actions of the most popular Bitcoin Cash node implementation and its representatives.
  • The latest iteration of the proposal features a 5% redistribution amount, a voting system and a whitelist of fund recipients.

Roger Ver Explains The Motivations Behind The @Bitcoin Twitter Handle Ownership Change

  • In Ver's words, the original owner was one of the earliest popular bitcoiners who lost his cryptocurrency fortune to a hack.
  • Selling Twitter accounts is prohibited by the service's policies.

Litecoin

Rewards for Miners Have Been Halved on Litecoin’s Network

  • Today the Litecoin network reached block height of 1,680,000, which reduced its miners block rewards by a half, from 25 LTC per block to 12.5 LTC.
  • Even though the increased scarcity could push the price of the token up, it could also have an effect on the interest of Litecoin mining.

Litecoin Outshines Rivals in Advance of August Reward Halving

  • Litecoin has seen fantastic progress in both pricing and non-price metrics in 2019.
  • This superb performance could be connected to the mining reward halving that will happen on August 6.