Blockchain Developer Gets Busted After Talk in North Korea

Hacker and Ethereum developer Virgil Griffith was recently arrested by US authorities for speaking at a conference on blockchain...

Read More
European Banks Struggle With Low Interest Rates and Strict Regulations
Dec04

European Banks Struggle With Low Interest Rates and Strict Regulations

Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019. Historically low interest rates, new regulatory hurdles and competition from U.S. banks have all added to the hardship. Also read: Another Bank Run...

Read More
Japan Now Has 21 Approved Crypto Exchanges
Dec04

Japan Now Has 21 Approved Crypto Exchanges

Japan’s top financial regulator has approved the remaining crypto exchange that was in business prior to the regulation of the crypto industry. Exchanges in this category were allowed to continue operations while their registration applications were being reviewed. The regulator has so far approved a total of 21 crypto exchanges to operate in the country. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Lastroots:...

Read More
New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges
Dec04

New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges

Cryptocurrency enthusiasts have been discussing a newly developed exchange ranking developed by the crypto portfolio and trading bot startup Bituniverse. According to a leaked screenshot of Bituniverse’s “Exchange Transparent Balance Rank,” there’s roughly 1.9 million BTC held on centralized trading platforms. Bituniverse claims the full list of exchange balance ranks “will be disclosed on December...

Read More
Wisdomtree’s Physically Backed Bitcoin ETP Goes Live on SIX Stock Exchange
Dec04

Wisdomtree’s Physically Backed Bitcoin ETP Goes Live on SIX Stock Exchange

New York-based ETF provider Wisdomtree has launched a physically backed bitcoin exchange-traded product (ETP) on Switzerland’s SIX stock exchange. According to Wisdomtree, the new product is not cash-settled like most ETPs traded on the SIX exchange as the BTCW investment product will be settled in BTC. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss Bourse Wisdomtree Launches Physically Backed Bitcoin ETP on...

Read More