Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the owner of the independent financial advisory firm West Riding Personal Financial Solutions, started a petition Read More
Tor-enabled Bitcoin nodes are back after bug on network
According to the latest data from node monitoring resource Bitnodes, Tor-enabled Bitcoin (BTC) nodes are back to normal following almost a full-swing crash in early January 2021. As of Jan. 13, the number of reachable Tor-based BTC nodes amounted to 2,581, Read More
Arxnovum files Bitcoin ETF application with Canadian securities regulators
Canadian investment fund manager Arxnovum Investments has filed a prospectus for a new Bitcoin (BTC) exchange-traded fund, or ETF, in Canada. On Jan. 11, the company filed a stack of preliminary documents for the Arxnovum Bitcoin ETF with Canada’s Ontario Read More
Korea’s Shinhan Bank makes strategic investment in crypto custody consortium
Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital asset custody services with a new investment. According to a Jan. 7 report by news agency Yonhap, Shinhan Bank has invested in Korea Digital Asset Read More
Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K
Livecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the exchange has suffered a “carefully planned attack” causing the platform to lose control Read More
Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase
Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute a 65% increase to its Read More
Exmo crypto exchange suffers hack, halts all withdrawals
Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals. According to a Dec. 21 security notice, Exmo detected suspicious withdrawal activity on Monday, with large amounts of Read More
Waves Enterprise partners with Ontology to fix blockchain e-voting
Waves Enterprise, a major technology company specializing in blockchain-based solutions for businesses and governments, has inked a new partner to streamline its e-voting service. According to a Dec. 16 announcement, Waves Enterprise has signed a memorandum of understanding with blockchain Read More
WEF tests tracking carbon emissions with blockchain technology
The World Economic Forum is progressing with its blockchain-based project tracking of greenhouse gas emissions. According to a Dec. 15 announcement, the WEF’s Mining and Metals Blockchain Initiative, or MMBI, has released a proof-of-concept to trace carbon emissions for mining Read More
Italian Banca Generali to debut crypto services next year
Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional financial institutions with solutions Read More
Swiss crypto bank Sygnum tokenizes shares and prepares for public offering
Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares using a proprietary tokenization platform called Read More
Sweden is studying a potential transition to the e-krona CBDC
The Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency. According to a Dec. 11 Bloomberg report, the review will explore the feasibility of Read More
France moves to ban anonymous crypto accounts to prevent money laundering
French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions Read More
Japanese SBI and Swiss SIX plan joint crypto venture in Singapore
Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching Read More
Consideration phase for digital euro to go well into 2021, says ECB exec
Financial authorities in Europe could form an investigation plan for a digital euro as early as next year, according to an executive at the European Central Bank. Holger Neuhaus, head of market innovation and integration division at the ECB, joined Read More
Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline
Slush Pool, the world’s oldest mining pool, put a Reuters headline about Bitcoin’s 2020 bull run in a block on Dec. 2. “Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now part of Bitcoin block number 659678. Announcing the news on Read More
Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020
Coinbase, the United States’ largest cryptocurrency exchange, announced that itfacilitated one of the largest institutional Bitcoin (BTC) purchases in 2020. According to an official announcement, Coinbase was selected as the primary execution partner for MicroStrategy’s $425 million purchase of Bitcoin Read More
Simple steps to get started trading Bitcoin
As Bitcoin (BTC) keeps gaining momentum, the fear of missing out on investing in the world’s largest cryptocurrency is growing each day. On Nov. 18, Bitcoin (BTC) broke a $18,000 price mark for the first time since December 2017, less Read More
Russia’s Gazprombank debuts Bitcoin trading in Switzerland
Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration Read More
Former Bank of Japan exec says Japan will need years to issue digital yen
Hiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a central bank digital currency. In a Nov. 17 Reuters interview, Read More