Author: Adrian Zmudzinski

Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

CoinTelegraph

Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired the trading platform in a livestream published Read More

EOS Creator Block.One to Vote for Block Producers With 9.5% of Coins

CoinTelegraph

Block.One, the firm that developed the EOSIO software, announced on Nov. 13 that it will begin participating in the election procedures for block producers (BPs) on the EOS blockchain. “Small, but significant EOS token holder” In its announcement, Block.One claims Read More

Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client

CoinTelegraph

Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos. On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars and Read More

Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

CoinTelegraph

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given Read More

IDEX Claims Creation of ‘Infinite Scaling Solution for Ethereum’

CoinTelegraph

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network. 1,000 times faster In an email sent to Cointelegraph, IDEX claims that its system, dubbed Read More

Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements

CoinTelegraph

Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies. Business Reporter published the news on Nov. 7 that the Basel Read More

SIM-Swap Victim Sues Crypto Exchange Bittrex for $1M Bitcoin Theft

CoinTelegraph

Gregg Bennett, a SIM-swap hack victim and angel investor, sued cryptocurrency exchange Bittrex over allegedly allowing the theft of nearly $1 million in Bitcoin (BTC). According to a press release published on Oct. 30, Bennett believes the exchange violated its Read More

Lawyer Asks Whether KYC Is Worth Exposing Users to Hacking and ID Theft

CoinTelegraph

In the aftermath of the recent BitMEX data leak, lawyer and general counsel at decentralized finance startup Compound Finance Jake Chervinsky raised the question of whether exposing the public to data risks that Know Your Client (KYC) requirements entail is Read More

CasperLabs Shows First ‘Provably Safe’ Ethereum PoS Protocol ‘Highway’

CoinTelegraph

Ethereum development firm CasperLabs announced “Highway,” allegedly the first correct-by-construction Casper Proof of Stake (PoS) implementation that is provably live and safe. Provably safe and live According to a press release shared with Cointelegraph on Nov. 1, a protocol is Read More

Deloitte Integrates QEDIT’s Privacy Tech Into Its Blockchain Platform

CoinTelegraph

Big four auditing firm Deloitte integrated the privacy developed by cryptography startup QEDIT into its qualification information blockchain platform Eduscrypt, a press release shared with Cointelegraph on Oct. 29 reveals. Per the release, the announcement was made at the ZKProof Read More

China Studying Blockchain and AI for Cross-Border Financing

CoinTelegraph

China is looking into the application of blockchain and Artificial Intelligence (AI) to cross-border financing, Reuters reports on Oct. 27. Blockchain in risk management Lu Lei, the deputy head of the Chinese regulator State Administration of Foreign Exchange (SAFE), reportedly Read More

Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay

CoinTelegraph

Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper. Asian news outlet EjinSight reported on Oct. 24 that in the document Tencent acknowledges that international expansion Read More