TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- US investors Arrington XRP Capital, Arca exploit loophole to buy Bitfinex’s LEO tokens
Two U.S.-based investors have indirectly purchased Bitfinex’s LEO tokens by exploiting a loophole in the exchange’s policy, CoinDesk reports.
· Business
- US man faces up to 5 years imprisonment and $250k fine for running unlicensed bitcoin exchange
A federal grand jury recently indicted a New Jersey resident for allegedly operating an unlicensed bitcoin exchange.
· Regulation
- HSBC executes first blockchain LC transaction between Korea and Vietnam
Banking giant HSBC announced this week that it has successfully executed a blockchain-enabled live trade Letter-of-Credit (LC) transaction between South Korea and Vietnam.
· Technology
- Huobi becomes fifth licensed cryptocurrency exchange in Thailand
The Thai Securities and Exchange Commission (SEC) has added new players to its list of licensed cryptocurrency exchanges in the country.
· Business
- US Senate to hold hearing on cryptocurrency and blockchain regulatory frameworks on July 30
The United States Senate Banking Committee is going to hold a full committee hearing on digital currency and blockchain regulatory frameworks next week.
· Regulation
- Nomura backs blockchain and payments startup Omise Holdings
Omise Holdings, a Bangkok-based payments and blockchain startup, has secured an investment from Japanese financial giant Nomura Holdings.
· Business
- Sumitomo partners with bitFlyer Blockchain to digitize housing rental contracts
Japanese trading house Sumitomo is teaming up with bitFlyer Blockchain to jointly develop a blockchain-based housing rental contract platform equipped with smart contract functionality.
· Technology
- Circle launches subsidiary in Bermuda, receives full Digital Assets Business Act license
Peer-to-peer payments technology firm Circle has announced the expansion of its operations to Bermuda.
· Business
- Indian panel officially submits report and draft bill to government recommending complete cryptocurrency ban
The Indian Department of Economic Affairs (DEA) has officially announced that it has received a report on cryptocurrency regulation submitted the inter-ministerial committee which was set up by the Indian government i…
· Regulation
- Digital Currency and Blockchain Weekly Round-Up – July 19th, 2019
U.S. lawmakers seek to prevent big tech companies from offering cryptocurrencies A draft law has reportedly been circulated by U.S. lawmakers to keep big tech companies from functioning as financial institutions, Reut…
· Technology
- Binance Jersey announces listing of GBP-backed stablecoin ‘BGBP’
Binance Jersey, the European subsidiary of cryptocurrency exchange Binance launched earlier this year, has listed a proprietary GBP-backed stablecoin, according to a press release published on Coinspeaker.
· Investing
- FATF approves Japan’s plan to establish global network for crypto payments: Report
Japan is reportedly spearheading a global effort to establish an international network for cryptocurrency payments.
· Regulation
- Libra Congressional Hearing: US lawmakers ask if Libra is ETF, willingness to launch pilot program and more
Following the Senate Banking Committee hearing, Facebook’s blockchain head David Marcus testified before U.S. lawmakers at the Congressional hearing on July 17.
· Regulation
- Blockchain insurance startup B3i appoints John Carolin as CEO
Blockchain insurance startup B3i has announced the appointment of John Carolin as chief executive officer.
· People
- Libra would not launch until regulatory concerns are fully addressed: Facebook’s David Marcus to Senate Banking Committee
In his testimony at the Senate Banking Committee hearing on Tuesday, David Marcus, head Facebook’s crypto wallet Calibra, emphasized on the social media giant’s intention to work with global regulators, adding that Li…
· Regulation
- Hyundai-backed Hdac Technology to co-develop blockchain-based enterprise solutions with StrongBlock
Hyundai-backed Hdac Technology has signed a Memorandum of Understanding (MOU) with StrongBlock, a Blockchain-as-a-Service (BaaS) platform, to cooperate on blockchain-based solutions.
· Technology
- Bitpoint publishes breakdown of stolen crypto assets
Hacked cryptocurrency exchange Bitpoint has released a breakdown of the crypto assets it lost in the recent 3 billion yen heist on its platform, Cointelegraph reported.
· Business
- Cyrela, Growth Tech complete real estate transaction in Brazil using IBM Blockchain
Brazil-based real estate company Cyrela and blockchain startup Growth Tech have carried out an entire real estate transaction using blockchain technology, ZDNet reported.
· Technology
- ESMA finds regulatory gaps in licensing regimes of fintech firms
The European Securities and Markets Authority (ESMA) has identified regulatory gaps in the licensing regime for fintech firms engaged in the area of crypto- assets, initial coin offerings (ICOs), and distributed ledge…
· Insights & Views
- Siemens seeks to bring blockchain technology to carsharing market
Industrial manufacturing giant Siemens is looking into the potential of blockchain technology in improving the carsharing market, Forbes reported.
· Technology
- Draft of India’s cryptocurrency ban bill surfaces online
A copy of a draft bill that seeks to ban cryptocurrencies in India has been uploaded on Scribd by blockchain lawyer Varun Sethi.
· Regulation
- Shinhan Card patents blockchain-based system with credit card functionality
South Korean credit card giant Shinhan Card has been granted a patent for a blockchain-based payment system, The Korea Times reported.
· Business
- IOTA, MOBI, SAP, Deutsche Telekom and others join Convergence Alliance focused blockchain, AI, IoT
Venture capital firm Outlier Ventures has announced a new initiative that aims to “enable a new open data economy built on the decentralized web.”
· Technology
- Bank of Thailand reviews blockchain applications in multiple areas
The Bank of Thailand is reviewing blockchain-based applications in a number of areas, governor Dr. Veerathai Santiprabhob said recently.
· People
- U.S. lawmakers seek to prevent big tech companies from offering cryptocurrencies
Facebook’s cryptocurrency project ‘Libra’ has created quite a stir in the regulatory bodies across the globe.
· Regulation
- Bitpoint Japan finds part of stolen cryptocurrency
Bitpoint Japan, which recently suffered a major hack, has discovered a part of the stolen funds, The Mainichi reports.
· Business
- South Korean companies team up to build blockchain-based identification system
A number of major South Korean companies are joining forces to build a blockchain-based identification platform, The Korea Times reported July 15.
· Technology
- Digital Currency and Blockchain Weekly Round-Up – July 12th, 2019
Trump lashes out Bitcoin, Facebook's Libra, argues they should face banking regulations U.S. President Donald Trump said he is “not a fan” of cryptocurrencies as they are “not money” and suggested that Facebook may ne…
· Technology
- Litecoin becomes official cryptocurrency of American football team Miami Dolphins
The Litecoin Foundation has announced that Litecoin (LTC), the fourth largest cryptocurrency by market cap, has become the official cryptocurrency of the Miami Dolphins.
· Business
- Japanese cryptocurrency exchange Bitpoint loses $32M to hackers
Japanese cryptocurrency exchange Bitpoint has suffered a major hack in which it lost 3.5 billion yen (approximately $32 million).
· Business
- Canada’s updated AML rules to require crypto exchanges to register as MSBs
The government of Canada has updated its Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) rules, CoinDesk reported.
· Regulation
- Opera’s crypto wallet adds support for Bitcoin and Tron
Opera, a web browser for Windows, macOS, and Linux operating systems, has added support for Bitcoin and Tron-based tokens to its crypto wallet.
· Business
- Samsung launches blockchain software development kit in beta
South Korean tech giant Samsung, which has been making inroads into the blockchain and cryptocurrency sphere, has announced the beta launch of its blockchain Software Development Kit (SDK).
· Technology
- Crypto exchange Binance launches Platform 2.0 with margin trading
Cryptocurrency exchange Binance on Thursday announced the launch of its margin trading platform.
· Business
- Abra, Simplex launch campaign for crypto credit card purchases with reduced fees
Global investment app Abra, in collaboration with payment processing company Simplex, has announced a limited time promotion to help investors around the word easily convert fiat-to-crypto using a credit card with red…
· Business
- Coinbase in talks with Aon to establish insurance company: Report
Cryptocurrency exchange Coinbase is reportedly seeking to establish its own regulated insurance company.
· Business
- PUBLISH lists NEWS token on Hanbitco crypto exchange, announces token giveaway and trip to Bangkok
Blockchain media platform PUBLISH has announced that its proprietary token “NEWS” will be listed on Hanbitco exchange.
· Investing
- Blockchain media platform PUBLISH launches crypto wallet app ‘PUBLISHwallet’ for Android
PUBLISH Inc., a provider of blockchain solutions for media businesses, has announced the official launch of its decentralized hot wallet.
· Business
- Polish cryptocurrency exchange Bitmarket ceases operations citing liquidity problems
Polish cryptocurrency exchange Bitmarket has announced that it is ceasing its operations due to liquidity problems.
· Business
- Fortress Investment Group to buy Mt Gox creditor bitcoin claims: Report
Softbank Group-owned private equity firm Fortress Investment Group is buying bitcoin claims from the creditors of the now-defunct cryptocurrency exchange Mt Gox, CoinDesk reported.
· Business