“Many people know ICON as the top Korean blockchain project, and so, we are proud to lead the way by being the first Korean project to be listed on a U.S. based exchange,” said Min Kim, ICON Foundation council member. “Moreover,...
North Korea stole $2bn (£1.64bn) from banks and cryptocurrency exchanges to fund its nuclear weapons programme. According to a new leaked United Nations report, seen and cited by a range of prestigious media outlets, including Bloomberg, North Korea has about “30...
Digital-asset exchange Bitfinex remains blocked from taking money from the cash reserves of the cryptocurrency Tether as a judge decides whether to dismiss a regulator’s lawsuit claiming the companies hid losses of more than $850 million. New York Attorney General...
The uptick in regulatory scrutiny amid this year’s re-emergence of cryptocurrencies is driving some of the speculative asset classes’ biggest advocates further into the darkest corners of finance. With Bitcoin’s price having more than tripled this year, regulators and politicians are tightening oversight of...
In the crypto world, long-held norms followed by Wall Street get broken every day. Take Binance, which pre-announced a soon-to-come $81 million or so Bitcoin transaction via Twitter on Monday. The world’s biggest crypto-trading platform told followers there’s “no need to FUD,”...
Blockchain law firm, ISOLAS LLP, has advised institutional cryptocurrency exchange, LMAX Digital, in receiving its full licence as a DLT provider from the Gibraltar Financial Services Commission (GFSC). LMAX Digital is operated by LMAX Exchange Group, a leading independent operator of FCA regulated...
The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock...
Bitcoin is trading at a more than $300 premium on the embattled Bitfinex cryptocurrency exchange amid speculation investors are exiting the Tether stablecoin in the wake of allegations the affiliated companies that control both the exchange and the stablecoin engaged...
New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26. SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, reportedly recorded a profit before tax of almost 360 million Japanese yen ($3.2 million) for the...
Use of Public Blockchain Will Create Potential Global Liquidity Pool Singapore-based and fully-regulated private securities exchange CapBridge 1exchange will deploy DLT for the trading of private company shares listed on its platform The private exchange, with its partners ConsenSys and...
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