News

The “bankization” of cryptocurrencies seems inevitable, as a slew of traditional players enters the crypto-finance market. In the latest development, U.S. payments processor Mastercard filed a patent applying the concept of fractional reserve banking to cryptocurrency payments. Mastercard Looks Towards Crypto-Finance Published on Oct. 25 by the U.S. Patent and Trademark Office (USPTO), the application details […]

Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC. On Oct. 25, the Bangkok Post reported that the Thai market regulator has warned against investing in ICOs promoted through a plethora of online media, […]

A small Canada-based crypto exchange called MapleChange has pulled off an exit scam, disappearing with user funds. The exchange has deleted its website, Twitter account, and other social media handles along with the identity of its executives and chief executive officer. The disappearance of MapleChange with user funds has led experts in the sector to […]

Despite its infiltration of some of the largest names in the payments game, crypto won’t be creeping onto the radar of Visa anytime soon unless the young asset-class steps up its game, the company’s chief whip stated Thursday. Speaking to CNBC’s Jim Cramer, Visa CEO Al Kelly said that cryptocurrency wouldn’t “in any way” pose […]

Following news of Bitmain and Canaan IPO filings in Hong Kong, Europe looks set to record its own first major crypto IPO, as blockchain infrastructure provider Bitfury is reportedly considering plans to list publicly in London, Amsterdam or Hong Kong. Bloomberg reported on Oct. 25, that the company is looking to get a valuation between […]

Binance chief executive Changpeng Zhao has appealed to his followers on Twitter to report an impostor pretending to be the CEO of the Korean arm of the crypto exchange. Zhao, however, didn’t clarify if Binance is contemplating any legal action against the alleged perpetrator. “Purple is not even Binance’s color” Zhao tweeted on Oct 25, […]

Dark pool platform Republic Protocol has teamed with crypto custodian BitGo and decentralized liquidity pool Cyber Network to launch a Bitcoin-backed ERC20 token on the Ethereum blockchain. The announcement was made Friday by Republic Protocol CEO Taiyang Zhang via a company Medium post, and has a lot of people in the crypto space already buzzing. […]

On Oct. 25, the IOTA foundation revealed a bug bounty program for their Trinity wallet is now extended to project enthusiasts and the broader cryptocurrency community, from being a third-party audit process as earlier. Bounty Campaign Opens to Public The Trinity “Public Bug Bounty” is open to independent security researchers from all sectors, encouraging professionals […]

A Chinese arbitration court declared crypto-assets such as Bitcoin must be treated as legal property, despite an infamous blanket ban on cryptocurrencies in the country. Chinese Court Classifies Bitcoin as Property As reported by a local news outlet, the Shenzhen Court of International Arbitration ruled cryptocurrencies must be legally protected as a property with “economic […]

Bitcoin is experiencing an unprecedented period of low volatility, which could either be a sign that the lodestar cryptocurrency has found its price level, or has found a market floor in preparation for the next bull run. The data was revealed on Oct. 25, 2018, by Pension Partners Director of Research Charlie Bilello who shared […]