A proposed change to legislation in Germany could allow banks in the country to facilitate the sale and custody of digital assets, including Bitcoin. German…
Posts published in November 2019
Stantinko Botnet Starts Cryptojacking, Uses YouTube to Evade Detection
The infamous botnet Stantinko has added the capability of to utilize its victims’ computers to mine Monero and is using YouTube to evade detection. Under…
The Bitcoin Man Acquires FortuneZ, Appoints Sydney Ifergan as COO
Herbert Rafael Sim, popularly known as The Bitcoin Man, has crypto-focused business publication company FortuneZ for a sum of $2,500,000. Announced on Friday, the company…
Hut 8 Purchases 9 Data Centers from Bitfury for $7 Million
Hut 8 Mining Corp, a Canadian company indulged in digital asset mining, on Thursday announced the acquisition of nine Blockbox AC data centers from the…
SBI FXTRADE Expands Offering, Adds 8 New JPY Currency Pairs
The foreign exchange (forex) subsidiary of Japanese financial services provider , SBI FXTRADE Co., Ltd. announced this Friday that it is expanding its FX product…
China’s Latest Crackdown Forces Five Crypto Exchanges to Close
Chinese authorities have ordered at least five to cease trading and immediately notify domestic users of their closure, signaling the biggest crackdown by authorities since…
3iQ Files Prospectus to Float Bitcoin Fund on Toronto Exchange
Canadian investment fund manager has filed preliminary prospectus to float its Bitcoin Fund through an initial public offering on the Toronto Stock Exchange, a move…
Coinbase Wins Patent for AI-Based Crypto Compliance System
A patent by US crypto exchange and wallet provider proposes a new scoring mechanism for strengthening compliance, risk management, and fraud prevention through flagging non-compliant…
Morgan Stanley Places Four Traders on Leave in Wake of FX Probe
Morgan Stanley has reportedly dismissed, or placed on leave, four currency traders after being caught out trying to conceal significant trading losses. The move comes…
Robinhood Withdraws Application to Become Full-Service Bank
Robinhood, the startup which kickstarted the in the United States, announced this week that it was withdrawing its bank chart application, which would have allowed…