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Report: Crypto-Related Fraud and Theft Resulted in $4.4B Loss in 2019
In 2019, the total volume of cryptocurrency-related fraud and theft resulted in losses worth $4.4 billion, according to CipherTrace's report for the third quarter of 2019.In its "Cryptocurrency Anti-Money Laundering Report, 2019 Q3," security research firm CipherTrace delved into the 120 most popular cryptocurrency exchanges' compliance with Know Your Customer and Anti-Money Laundering requirements and analyzed patterns in crypto-related crimes.
MARKETS DAILY: UpBit Hack Reactions & Crypto Liquidity Insights
Welcome to the CoinDesk Markets Daily Podcast, a 10-minute look at what's driving the crypto markets today.
Judge Preserves SEC Motion to Strike Telegram's Void for Vagueness Defense
A United States federal judge has preserved the Securities and Exchange Commission's move to strike Telegram's "Void for vagueness/lack of notice" defense.
HSBC to Track $20 Billion in Assets on a Blockchain Next Year
HSBC bank is planning on tracking roughly $20 billion in assets on a blockchain-based custody platform early next year, Reuters reported Wednesday.
Revamping the Traditional PPV TV Subscription Model With Blockchain
For the past few months, the modern world has witnessed TV providers battle it out for the exclusive streaming rights for consumer-favorite shows such as Seinfeld, Friends, The Big Bang Theory, The Office and South Park.On Nov. 12, Disney took the industry by storm with the release of its Disney+ streaming platform, which attracted over 10 million subscribers within 24 hours.
Former UBS Executive Establishes Digital Securities Insurance Platform
A former executive of investment bank UBS has established a United States-based digital securities platform.
Indian Government to Issue National Blockchain Strategy
The Indian government is working on a national blockchain strategy in order to expand the technology's adoption in the country.
Swiss Government Moves to Remove Legal Barriers for Blockchain Development
The Swiss federal government is passing to parliament a revised plan aimed to remove legal hurdles still holding up innovation based on blockchain and distributed ledger technology.
Former UBS Banker Launches Digital Securities Platform Tokenyz
A new startup launched by a veteran of global bank UBS is entering the increasingly crowded field of platforms for issuing digital securities on a blockchain.
Ghana Exploring Digitized National Currency, Says Central Bank Exec
The Republic of Ghana is exploring the benefits of issuing a central bank digital currency, the governor of the country's central bank says.
Swiss Executive Branch Calls for Improved Regulations for Blockchain
The Federal Council of Switzerland - the country's executive governing body - has called for a better regulatory framework for blockchain and distributed ledger technology in the country.
Bancor Claims Liquidity Token Airdrop Will Increase DeFi Users by 500%
The decentralized liquidity network Bancor announced its upcoming airdrop, which will start on New Year's Eve.In a Nov. 27 press release shared with Cointelegraph, the decentralized exchange platform announced the official launch of its New Year's Eve airdrop, which will give away its ETHBNT liquidity pool tokens to 60,000 people.
Analyst: Multi-billion dollar PlusToken scam could be what caused Bitcoin's drop to $6,600
Back in August, CryptoSlate warned readers that perpetrators of the PlusToken scam could flood the market with stolen BTC and tank prices as they make their exit.
Ghana May Issue Digital Currency in 'Near Future,' Says Central Bank Chief
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency.
Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator
Following the theft of 342,000 Ether from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job.
Bitcoin Is Looking at a Short-Term Bull Reversal if Prices Pass $7,400
Bitcoin has created a hammer candle on the three-day chart, a warning of an impending bull reversal.
UPbit's hacker leaves with $50 million worth of Ether
UPbit, one of the largest cryptocurrency exchanges based in South Korea, confirmed that it was hacked after rumors were mounting.
New Research: Bitcoin's Carbon Footprint Lower Than Previously Thought
Fresh research has challenged the perception that Bitcoin mining is irreconcilable with tackling climate change.
Charities Put a Bitcoin Twist on Giving Tuesday
Drawing inspiration from one crypto's more heartwarming stories, the Pineapple Fund - wherein a pseudonymous bitcoiner donated some $55 million towards 60 charities during the 2017 bull market - options for crypto-based donations abound.
Theranos Was 'Uncannily Ethereum-Like,' Says Bitcoin Pioneer Adam Back
Blockstream CEO Adam Back - inventor of the hashcash Proof-of-Work system later used in Bitcoin's mining algorithm - has controversially compared Ethereum with the now-defunct biotech startup Theranos.
Bitcoin Dives Below $7K as Upbit Confirms $50M 'Abnormal Withdrawal'
Bitcoin fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets.
Crypto Exchange Upbit Confirms Theft of $49M in Ether
South Korean crypto exchange Upbit has lost cryptocurrency worth $49 million, the exchange has confirmed.
BREAKING: Crypto Exchange UpBit Confirms Theft of 342,000 Ether
Major South Korean cryptocurrency exchange - run by a subsidiary of Korean tech giant Kakao - has notified users of the theft of 342,000 Ether from its hot wallet.
Spare us the BTC obituaries, institutional interest in Bitcoin is on the up
Market sentiment seems to have taken a thrashing from Bitcoin's latest capitulation, but institutional investors may be committing themselves to BTC now more than ever.
Keep Calm and HODL On? 3 Reasons to Look Past Bitcoin's Price Rout
Zooming out the lens a bit and taking a macro perspective, there are at least three plausible reasons to think this may be just a hiccup for bitcoin.
Bitcoin Gives the World 'Democratization of Savings'
Bitcoin has the ability to bring the world's population out of debt thanks to its ability to allow consumers to save without permission.
Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
Stablecoins have the potential to temper the systemic threats posed by the United States dollar's domination of global foreign currency reserves, according to an opinion piece published by the World Economic Forum.
Simon Malls Has 5 New Bitcoin ATMs With Bitstop Partnership
Crypto ATM provider Bitstop is rolling out new machines in partnership with the U.S.'s largest retail shopping mall operator.
Indian Crypto Industry Optimistic After Binance Enters the Market
Crypto exchanges shut down due to regulatory pressure and crypto entrepreneurs were arrested.
Bitcoin begins forming bullish technical formation
Bitcoin has been struggling to find any significant and sustained buying pressure in the time following its retrace from its late October highs of $10,600, but its recent surge from lows of $6,500 was the first time in weeks that bulls put up a significant fight against bears.
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