The Monetary Authority of Singapore has shut down an ICO and issued a warning to eight digital token exchanges about possible securities law violations.
<h1>Bitfinex Reportedly Tied To Puerto Rico’s Noble Bank International</h1>
According to a Thursday report, Noble Bank International has provided its banking services to Bitfinex since sometime in 2017. The cryptocurrency exchange seems to have cycled through a series of banking relationships after Wells Fargo abruptly ended its relationship with the company in April 2017.
<h1>Korean Exchange Korbit To Delist Privacy Coins, Other Cryptocurrencies</h1>
A South Korean cryptocurrency exchange has revealed that it will delist Monero, Zcash, Dash, Steem, and Augur.
<h1>Operation Cryptosweep Finds Canadian Targets In British Columbia And Ontario</h1>
Canadian securities commissions aid in the hunt for cryptocurrency scams.
Payments Platform Uphold Completes XRP Ledger Integration
Digital payments startup Uphold has completed its integration with the XRP ledger, it announced Thursday.
<h1>DOJ And CFTC Reportedly Investigating Cryptocurrency Price Manipulation</h1>
Four unnamed sources with access to information about current US Department of Justice investigations have provided details of an ongoing joint investigation between the department and the CFTC into cryptocurrency price manipulation.
Bank of Spain Governor: Cryptocurrencies Pose ‘More Risks Than Benefits’
Spanish central bank governor Luis Maria Linde believes cryptocurrencies are dangerous, but is open to blockchain technology.
Bitfury-Backed Group Mined 800 Bitcoins in Q1
Hut 8 Mining Group raised $70 million CAD to invest in mining machines, and mined 828 bitcoins in the first quarter of 2018.
New Strain of Malware Hijacks Apple Macs to Mine Monero
A monero cryptominer based on XMRig is hijacking Macs, causing high CPU and fan usage.
Commerzbank Conducts €500k FX Transaction Using R3’s Corda
Thyssenkrupp successfully conducted a foreign exchange transaction using R3’s Corda blockchain in partnership with Germany’s Commerzebank.
Revolut App Adds XRP, Bitcoin Cash to Crypto Options
Mobile banking app Revolut now lets users buy, sell and hold Ripple’s XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.
German Stock Exchange Wants to Launch Bitcoin Products
Deutsche Boerse AG is assessing whether to offer cryptocurrency-related products, a company exec has said during an event.
Singapore Warns 8 Exchanges Over Unregistered Securities Trading
Singapore’s central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.
Russian Institutions to Trial Central Bank ICO Platform
Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.
US Department of Justice, CFTC Probe Crypto Market Manipulation: Report
The U.S. Department of Justice is reportedly investigating cryptocurrency traders who may have manipulated the markets using old-school tricks.
Bitcoin Faces Drop to $7K as Bull Defense Crumbles
Bitcoin looks set to test $7,000 in the next 24 hours, courtesy of a bear flag breakdown on the technical charts.
Tech Giant GMO to Roll Out World’s First 7nm Bitcoin Miner
Japanese IT giant GMO Internet says it will ship the world’s first bitcoin mining device based on 7nm chips before November.
Manufacturing and Blockchain: Prime Time Is Yet to Come
By deferring questions of trust to a decentralized algorithm, blockchains promise to boost transparency and allow more fluid, dynamic supply chains.
China Orders Faster Blockchain Development in Top-Level Missive
China’s State Council has ordered local authorities to speed up blockchain development amid a fintech shakeup.
Bet vs. Buy? The ICO Market Has a Serious East-West Divide
A New York event last week showcased how investors in Asia and North America have divergent views on how best to invest in ICOs.