Already facing an uphill misinformation fight, Facebook loses to scammers, too
Enlarge / A partial screenshot of one of the scam profiles pushing an adult dating scam on Facebook. Responding to critics in the US Congress and elsewhere who say Facebook isn’t doing enough to stop the flow of disinformation, the social network in recent days has purged hundreds of accounts it found were designed to sway elections, sow social division, and prop up ruthless governments. The focus has left an opening for...
Binance Opens Fiat-To-Crypto Exchange in Uganda
On Oct. 15, Binance announced the launch of its fiat-to-cryptocurrency exchange in Uganda. The world’s biggest digital currency exchange said users in the East African country are now able to complete full account verification starting immediately. Deposits and withdrawals of the local fiat currency, the Ugandan shilling, start on Wednesday. Also read: Bitcoin After Death: The Perils of Sharing One’s Fortune Exchange...
19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone
Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Provisional Licenses Issued The Philippine government-owned Cagayan...
Fidelity Launching Crypto Custody and Trading Services
Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals New Crypto Company Formed Leading financial services corporation Fidelity...
Canaan Creative Announces New Avalonminer A911 Mining Rig
Canaan Creative, the world’s second largest manufacturer of cryptocurrency mining hardware, has announced a new mining rig, the Avalonminer A911, alongside plans to develop a mining heater and portable miner. The company has also purportedly expressed its intention of developing a 5nm mining chip. Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund Canaan Creative Announces New Flagship Avalonminer...
