Coinbase Earn Now Open to Users in 100+ Nations
May18

Coinbase Earn Now Open to Users in 100+ Nations

Coinbase announced Friday that its Coinbase Earn program is now open to users in more than 100 nations around the world. The program, first piloted in late 2018 on an invitation-only basis, allows Coinbase users to earn cryptocurrency by taking part in various educational tasks. According to the blog announcement:

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Poloniex to End Trading of 9 Crypto Assets for US Customers, Due to Regulatory Uncertainty
May16

Poloniex to End Trading of 9 Crypto Assets for US Customers, Due to Regulatory Uncertainty

Poloniex has announced that U.S. customers will no longer be able to buy or sell nine cryptocurrencies on the exchange, due to uncertainty about whether the tokens in question will be viewed as securities by American regulators. The nine coin markets disabled for U.S. customers include ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP.

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Cryptopia Exchange Announces Its Liquidation
May15

Cryptopia Exchange Announces Its Liquidation

New Zealand-based cryptocurrency exchange Cryptopia announced Wednesday that the company is being liquidated. In a press release on its website, the exchange confirmed the appointment of liquidators from accounting firm Grant Thornton New Zealand to secure assets and resolve the company’s outstanding obligations.

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SEC Delays Bitwise ETF Decision Again
May14

SEC Delays Bitwise ETF Decision Again

The United States Securities and Exchange Commission (SEC) published a decision on Tuesday confirming that it has once again delayed any decision on Bitwise Asset Management’s proposed Bitcoin exchange-traded-fund, or ETF. In its filing, the regulatory agency requested public comment on the issue.

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Senate Banking Committee Has Questions about Secret Facebook Crypto Project
May12

Senate Banking Committee Has Questions about Secret Facebook Crypto Project

The Senate Committee on Banking, Housing, and Urban Affairs sent a letter to Facebook founder and CEO Mark Zuckerberg this week, in an attempt to get answers about the social media giant’s secretive cryptocurrency project, code-named “Project Libra.”

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Facebook Easing Ban on Crypto
May09

Facebook Easing Ban on Crypto

Facebook has announced that it will be easing restrictions on cryptocurrency and blockchain-related advertising. The company had banned cryptocurrency and initial coin offering ads in January 2018, citing concerns about potential advertising scams. This latest move comes on the heels of last June’s decision to allow some advertising for advertisers who obtain written pre-approval from the company.

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Binance Says Hackers Stole Bitcoin Worth $40M
May08

Binance Says Hackers Stole Bitcoin Worth $40M

Binance confirmed on Wednesday that hackers had breached its security and stolen 7,000 Bitcoin, worth roughly $ 40 million. CEO Zhao Changpeng described the hack in a bog post on the Binance website, and promised users that the company’s safety fund would cover any potential customer losses:

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Starbucks Partners with Microsoft for ‘Bean-to-Cup’ Blockchain Tracking Program
May07

Starbucks Partners with Microsoft for ‘Bean-to-Cup’ Blockchain Tracking Program

Starbucks has partnered with Microsoft to create a new blockchain service that will enable coffee to be traced from the grower to consumer. The initiative is but one of several joint ventures between the two companies, and was announced at Microsoft’s Build conference on Monday, May 6, GeekWire reports.

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SecureKey’s Blockchain Identity Verification System Now in Use at Five Canadian Banks
May05

SecureKey’s Blockchain Identity Verification System Now in Use at Five Canadian Banks

SecureKey Technologies announced this week that it’s blockchain-powered Verified.Me digital identity network is now being used for identity verification at five Canadian banks. The company revealed that CIBC, Desjardins, RBC, Scotiabank and TD are all using the system to allow customers to verify their identities online in a “privacy-enhanced and secure way.”

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CardRates Article Focuses on DNotes’ Mission to Become World’s Trusted Digital Currency
May02

CardRates Article Focuses on DNotes’ Mission to Become World’s Trusted Digital Currency

An article appearing on CardRates.com today featured the DNotes digital currency and highlighted its mission of becoming the world’s trusted digital currency. That article focused on founder Alan Yong’s goal of achieving mass adoption for the currency as a supplement to fiat currencies around the world and noted the company’s efforts to create a comprehensive ecosystem to support its mission.

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Hydro-Quebec Unveils Criteria for Crypto Miners to Receive Additional Power
May01

Hydro-Quebec Unveils Criteria for Crypto Miners to Receive Additional Power

Quebec’s utility provider, the Régie de l’énergie (Hydro-Quebec) has unveiled new criteria that cryptocurrency miners or other blockchain companies will need to meet if they hope to get access to part of the 300 MW of additional electricity now allocated to the industry. Crowdfund Insider reports that the rules will require those firms to demonstrate job creation, good pay for workers, investment in the region, and heat offsets.

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BitPay and Refundo Partner to Enable Taxpayers to Receive Refunds in Bitcoin
Apr30

BitPay and Refundo Partner to Enable Taxpayers to Receive Refunds in Bitcoin

Blockchain payments provider BitPay announced on Tuesday that it has partnered with tax product firm Refundo to enable taxpayers to receive their U.S. federal and state refunds in Bitcoin. In a press release, the company confirmed that Refundo customers who use the CoinRT product can choose to receive all or part of their refund amount in Bitcoin.

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Bitfinex Disputes NY AG Allegations
Apr28

Bitfinex Disputes NY AG Allegations

Cryptocurrency exchange Bitfinex has responded to recent allegations by the New York Attorney General’s office in a statement on the company’s website. The statement asserted that the AG court filing was written in bad faith, and disputed accusations that the company has lost $850 million.

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Bloomberg Reports E*Trade Will Soon Offer Crypto Trading for Users
Apr27

Bloomberg Reports E*Trade Will Soon Offer Crypto Trading for Users

Bloomberg reported on Friday that E*Trade Financial Corp is preparing to offer cryptocurrency trading for users on its platform. The report is based on details provided by a “person familiar with the matter” and claims that the company will begin by offering trading for Bitcoin and Ethereum, with other digital currencies possibly added at some point in the future.

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NY AG: Bitfinex Used Tether Reserves to Hide $850 Million Loss
Apr26

NY AG: Bitfinex Used Tether Reserves to Hide $850 Million Loss

In a statement released on Thursday, New York Attorney General Letitia James accused the operators of the Bitfinex cryptocurrency exchange of using at least $700 million of tether reserves to hide $850 million of losses. The AG’s office announced that it has obtained a court order enjoining the Bitfinex operators from further violations of the law “that may have defrauded New York investors that trade in virtual or ‘crypto’ currency.”

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Genesis Reports $1.5 Billion in Crypto Lending Since 2018 Launch
Apr25

Genesis Reports $1.5 Billion in Crypto Lending Since 2018 Launch

U.S. cryptocurrency firm Genesis Global Trading has confirmed that its lending business has issued $1.53 billion in digital currency loans to institutional borrowers since its launch last March, Reuters reports. In a report published online, the company said that lending was dominated by Bitcoin, which represents 68 percent of its loan portfolio.

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Coinbase Expands Crypto-to-Crypto Support to Eleven Additional Countries
Apr19

Coinbase Expands Crypto-to-Crypto Support to Eleven Additional Countries

Coinbase announced this week that it is expanding its customer base by providing crypto-to-crypto services to an additional 11 countries from Latin America and Southeast Asia. In its blog announcement, the company noted that it will now serve customers in a total of 53 countries on four continents.

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IMF, World Bank Launch Learning Coin
Apr14

IMF, World Bank Launch Learning Coin

The International Monetary Fund and World Bank have launched their own ‘quasi-cryptocurrency’ called Learning Coin as part of a project designed to explore blockchain and crypto technology, the Financial Times reported this week. The agencies reportedly stressed that their coin is not an actual digital currency, since it has no monetary value and is only for internal use.

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Coinbase Launches Coinbase Card for UK Customers
Apr11

Coinbase Launches Coinbase Card for UK Customers

Cryptocurrency exchange Coinbase has launched Coinbase Card for its customers in the United Kingdom, according to a blog post on the company’s site on Wednesday. The new Visa card will enable those customers to use their Coinbase cryptocurrency balances to make payments in-store and online, just as they would with any other traditional debit card.

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China Proposes Rules that Would Ban Crypto Mining
Apr09

China Proposes Rules that Would Ban Crypto Mining

Chinese officials have formally proposed sweeping new rules that would end cryptocurrency mining in the country, the South China Morning Post reported on Tuesday. The proposal is part of a series of amendments to the National Development and Reform Commission’s guidance for adjusting the country’s industrial structure.

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