Horizon State Returns, with New Leadership
Nov03

Horizon State Returns, with New Leadership

Innovative technology company Horizon State recently announced its return to the marketplace, with new ownership and management. According to an October 31 press release, Timothy Goggin is the firm’s new Chief Executive Officer.

Read More

Read More
Singapore Approves Digital Asset Bank Sygnum’s CMS License
Oct31

Singapore Approves Digital Asset Bank Sygnum’s CMS License

Swiss-based digital asset bank Sygnum announced in a press release Thursday that it has been granted a capital markets services (CMS) license by the Monetary Authority of Singapore (MAS). That approval will enable the company to begin providing digital asset investment strategies and product offerings to qualified investors in Singapore.

Read More

Read More
IDB Partners with Chromaway on South American Blockchain Land Administration Project
Oct29

IDB Partners with Chromaway on South American Blockchain Land Administration Project

The Inter-American Development Bank (IDB) has reportedly partnered with startup company ChromaWay for a two-year initiative dubbed “Distributed Ledger Technology (Blockchain): The Future of Land Titling and Registry. That’s according to ChromoWay, which announced the venture on the company’s blog.

Read More

Read More
Bakkt Announces Plans for Digital Asset Consumer Payment App
Oct28

Bakkt Announces Plans for Digital Asset Consumer Payment App

Digital asset futures trading platform Bakkt has plans to release a new consumer app in the near future, according to a blog post published on October 28. In the post, Chief Product Officer Mike Blandina suggested that the app is part of the company’s effort to deliver digital asset payment opportunities for both consumers and merchants:

Read More

Read More
Bitfinex Denies Connection to Alleged Crypto Capital Money Laundering
Oct26

Bitfinex Denies Connection to Alleged Crypto Capital Money Laundering

On Friday, Bitfinex published a statement in response to Crypto Capital principal Manuel Molina Lee’s extradition to Poland this week. Bitfinex categorically rejected any suggestion that it had any involvement in Crypto Capital’s alleged laundering of drug proceeds or other illicit activities.

Read More

Read More
TON Investors Reject Refund, Agree to Delayed Launch of Platform
Oct24

TON Investors Reject Refund, Agree to Delayed Launch of Platform

According to Forbes Russia, Telegram Open Network investors have reportedly agreed to Telegram’s proposed delay in the launch of the platform, voting against a proposed refund option. The voting investors included participants in both TON funding rounds, with a majority agreeing to the April 30 launch delay.

Read More

Read More
Binance Announces USD Deposits are FDIC Insured
Oct18

Binance Announces USD Deposits are FDIC Insured

In a post published on its website today, Binance US announced that customer USD deposits are now eligible for Federal Deposit Insurance Corporation (FDIC) coverage. According to the announcement, all customer dollar deposits are kept in “pooled custodial accounts” maintained at a number of FDIC-insured banks:

Read More

Read More
Telegram Asks Court to Deny SEC’s Gram-Related Injunction
Oct17

Telegram Asks Court to Deny SEC’s Gram-Related Injunction

On Wednesday, Telegram responded to the Securities and Exchange Commission’s October 11 emergency action seeking a preliminary injunction against the company and its Gram digital token. In an October 16 court filing, the company asked the federal court to reject the SEC’s preliminary injunction request, arguing that the action could be “misconstrued” by the public, Telegram’s customers, and investors:

Read More

Read More
Libra Association Announces 21 Founding Members
Oct15

Libra Association Announces 21 Founding Members

The Libra Association has confirmed its initial membership, as the 21 remaining members gathered in Geneva to formally sign on to the organization’s charter, CNBC reports. The signing came after a tumultuous two weeks that saw one quarter of the original 28 founders withdraw from the project.

Read More

Read More
Trials of Blockchain-Based Vehicle ID System to Begin in U.S. Next Month
Oct14

Trials of Blockchain-Based Vehicle ID System to Begin in U.S. Next Month

A group of major automobile manufacturers are planning to begin field testing of a new blockchain-based vehicle ID system in the United States next month, Nikkei Asian Review reports. The system reportedly uses blockchain technology to enable drivers to pay highway tolls and parking costs automatically.

Read More

Read More
SEC Announces Emergency Action Against Telegram, TON
Oct13

SEC Announces Emergency Action Against Telegram, TON

The United States Securities and Exchange Commission announced Friday that it has obtained a temporary restraining order against Telegram Group and its subsidiary TON Issuer. In a press release, the SEC said that the complaint alleges that Telegram and TON Issuer have been conducting an ongoing, unregistered digital token offering in violation of Securities Act registration provisions.

Read More

Read More
Visa, eBay, Stripe, and Mastercard Announce They’re Exiting Libra Project
Oct12

Visa, eBay, Stripe, and Mastercard Announce They’re Exiting Libra Project

Facebook’s Libra project suffered yet another public setback on Friday, as four of the Libra Association’s founding members announced their exit from the project, CNBC reports. The four early project backers – Visa, eBay, Stripe, and Mastercard – all indicated that they continue to support efforts like Libra but have decided to focus their attention on their own business goals.

Read More

Read More
Class-Action Lawsuit Accuses Bitfinex and Tether of Manipulating Cryptocurrency Markets
Oct08

Class-Action Lawsuit Accuses Bitfinex and Tether of Manipulating Cryptocurrency Markets

A class-action lawsuit filed on Sunday accuses Bitfinex and Tether of manipulating the price of Bitcoin, and “propping and popping the largest bubble in history,” Bloomberg reports. The lawsuit alleges that the defendants’ actions have likely caused damages of more than $1.4 trillion.

Read More

Read More
FCA Investigations of Crypto Companies Up 74% from 2018
Oct07

FCA Investigations of Crypto Companies Up 74% from 2018

The Financial Conduct Authority (FCA), the regulatory agency responsible for overseeing the UK financial industry, has dramatically increased its scrutiny of cryptocurrency-related businesses over the last year, the Financial Times reports.

Read More

Read More
Coinbase CEO Calls U.S. Response to Libra ‘Ridiculous’
Oct06

Coinbase CEO Calls U.S. Response to Libra ‘Ridiculous’

In a series of tweets this weekend, Coinbase CEO Brian Armstrong let the world know what he thought about the United States government’s response to Facebook’s proposed Libra digital currency payment system. In his tweets, Armstrong called the U.S. response “ridiculous” and suggested that the government was acting like it wanted “to be left behind.”

Read More

Read More
PayPal Backs Out of Libra Association
Oct05

PayPal Backs Out of Libra Association

Payment services giant PayPal announced Friday that it will no longer be participating in the Libra Association, CNBC reports. In a statement, PayPal said that it still support’s the Libra project’s goals, but plans to focus on its own business priorities for improving access to financial services:

Read More

Read More
Tim Cook Says Apple Won’t Launch Its Own Cryptocurrency
Oct04

Tim Cook Says Apple Won’t Launch Its Own Cryptocurrency

When asked this week whether his company would be launching its own cryptocurrency to compete with Facebook’s proposed Libra digital currency payment system, Apple CEO Tim Cook told the newspaper Les Echos that there are no plans for an Apple digital currency, CNBC reports.

Read More

Read More
New Ohio Treasurer Suspends Crypto Tax Payment Site
Oct03

New Ohio Treasurer Suspends Crypto Tax Payment Site

Ohio Treasurer Robert Sprague announced yesterday that his office is immediately suspending the OhioCrypto.com site, which was launched last November by former Treasurer Josh Mandel to provide the state’s businesses with an option to pay their taxes using bitcoin.

Read More

Read More
Report: Some Libra Backers Wavering on Signing Association Charter
Oct02

Report: Some Libra Backers Wavering on Signing Association Charter

The Libra Association has asked its 28 members to formalize their involvement with Facebook’s Libra project by signing on to a charter later this month, according to a Bloomberg report that cited “people familiar with the matter.” Those sources told Bloomberg that four of those early project backers appear to be undecided about whether to formally sign the organizing charter.

Read More

Read More
SEC Announces Settlement with Block One for Unregistered ICO
Sep30

SEC Announces Settlement with Block One for Unregistered ICO

The U.S. Securities and Exchange Commission announced on Monday that it has reached a settlement with Block One to address the company’s unregistered initial coin offering for its EOS project. The firm reportedly raised $4 billion in an ICO conducted from June 2017 until June 2018. Block One agreed to pay a monetary penalty of $24 million.

Read More

Read More
  Subscribe To Newsletter
Subscribe to Our Newsletter

Keep up to date with the latest from DCEBrief

* we hate spam and never share your details.
×