Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20. Per the announcement, the software provides a non-custodial way…
Tag: financial technology
Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case
The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested over securities and wire…
Nasdaq Licences Its Market Surveillance Tech to Crypto Startup Bcause
United States-based crypto startup Bcause LLC will use Nasdaq’s trading, clearing and marketsurveillance technology, Nasdaq announced in a press release today, March 13. According to the announcement, Bcause will use the tech for its…
From Stablecoins to Blockchain Trials: Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market
The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank…
Coinbase Director of Data Science and Risk Steps Down
The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31. In his…
Smart Contracts Don’t Necessarily Disrupt Traditional Contract Law, Expert Argues
Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23. Giesela Rühl — a professor…
Dutch Financial Authorities Plan Licensing Scheme for Crypto Exchanges
Financial authorities in the Netherlands are planning a licensing scheme for crypto exchanges and wallet service providers to prevent money laundering and terrorism financing. De Nederlandsche Bank (DNB), the…
Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+
The latest Exchange Security Report from independent analysts at ICORating has given 16 percent of the world’s biggest crypto trading platforms an A rating, and none of them an A+. The…
St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value
The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank…
Crypto ‘Largely Usable Only by Developers’ Wall Street Journal Says
“Few tangible uses for Bitcoin (BTC) and its underlying blockchain technology have emerged,” according to a Wall Street Journal (WSJ) article published Jan. 1. According to WSJ, in 2017…
