blockchain will “redefine digital finance”

Within finance circles, perhaps there is no more polarising subject than cryptocurrency.  To some, the concept of blockchain is a total waste of time, fit for nothing other than building worthless cryptocurrencies that traders can speculate on. However, the flip side is that increasing amounts of money, resources and intelligent minds are pouring into the … Read more

Kraken Donates $100,000 to Anti-Human Trafficking Intelligence Initiative

Kraken is proud to announce that it has become a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to help financial institutions, technology firms and cryptocurrency exchanges combat human trafficking and child exploitation.  “Kraken’s partnership with ATII will provide us with actionable data on illicit dark web use … Read more

Singapore’s Largest Bank Expands Bitcoin, Crypto Offering – Bitcoin Magazine

DBS Group Holdings expands bitcoin and crypto trading to 100,000 of its wealthiest clients. The bank requires capital requirements and a minimum investment of $500. The expansion follows the central bank of Singapore’s release of a digital asset framework from earlier this month. DBS Group Holdings Ltd., Singapore’s largest bank, expanded its bitcoin and cryptocurrency … Read more

China accounts for 84% of all blockchain patent applications, but there’s a catch

China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official. China has steered clear of the cryptocurrency market. However, the Beijing government has been supportive of the underlying blockchain technology. The country has actively promoted the use of blockchain tech over the years, and … Read more

DBS Offers 4 Crypto Trading for Premium Clients in Singapore

Singapore-based banking giant DBS announced Friday that it has launched crypto trading through its digibank, enabling accredited investors to trade four cryptocurrencies on its digital exchange. The launch of the crypto trading feature comes at a time when DBS wealth clients are increasingly choosing self-directed options, with 9 out of 10 equity transactions executed digitally … Read more

CFTC Files First Lawsuit Against DAO

The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO). The holders of governance tokens have also been sued alongside the accused DAO. As part of the lawsuit, a $250,000 penalty and settlement have to be settled by bZeroX, LLC and its founders – Kyle Kistner and Tom … Read more

Britain to Introduce New Bill to Crack Down on Crypto Crime

The U.K. Parliament passed the first readings of a new anti-money laundering bill against cryptocurrencies on Thursday (Sept 23), which aims to give law enforcement agencies greater powers to seize, freeze and recover cryptocurrencies used in criminal activities. Organised criminals are increasingly using digital currency for fraud, drugs, and the network crime of money laundering. … Read more

Crypto Trading Robot Platform 3Commas Raises $37m in Series B Funding

On September 23, 3Commas, the largest automated crypto trading robot platform, announced the completion of a $37 million Series B financing. This round of financing, led by Target Global, Alameda Research, Jump Capital, and Dmitry Tokarev, the founder and CEO of Copper, will be used to advance the development of 3Commas’ digital asset trading automation and portfolio … Read more