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August 6, 2019

Facebook Crypto Plans Floundering as Regulatory Pressure Mounts

Following a couple of weeks of outright lambasting by US lawmakers, Facebook’s Libra crypto project appears to be cracking at the seams before it even gets off the ground. A fresh round of regulatory pressure has piled on this week from concerned countries around the world.

Facebook Crypto Angst Escalates

In the two months following the social media giant’s announcement of its crypto ambitions to become effectively the world’s largest bank, the pressure against it has mounted. According to reports, data protection and privacy authorities in the US, UK, EU, Canada, and Australia have issued a joint statement sharing concerns about Facebook’s foray into digital [...]

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August 2, 2019

Elliptic Launches Data Set to Identify Crypto Money Laundering

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2.

Making the crypto world more transparent

Having developed a data set of 200,000 Bitcoin (BTC) transactions with a total value of $6 billion,  Elliptic claims it to be the largest set of labeled transaction data publicly available in any digital currency in the world.

According to the announcement, the product is designed to help users more efficiently identify illicit transactions, as well as [...]

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July 31, 2019

Kraken Gets Access to Over 60 Institutions in New Deal This Year

Jesse Powell, Kraken CEO. Source: a video screenshot, Youtube, Real Vision Finance

San Francisco-based major cryptocurency exchange Kraken said it acquired Interchange, a company that enables institutional investors to “better monitor and report their cryptocurrency holdings.”

“The transaction creates the world’s first end-to-end crypto trading and reconciliation platform, and brings Interchange co-founders and well-respected crypto veterans Dan Held and Clark Moody to Kraken,” the company said without providing any details about the transaction, including whether it is finalized.

The exchange claims that [...]

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July 29, 2019

Cardano Foundation will hold a meetup with special guest Nathan Kaiser tomorrow – Crypto Economy

The Cardano foundation will host a meetup in Hong Kong with Nathan Kaiser as a special guest tomorrow on July 30, 2019, from 7:00 PM to 9:00 PM. The Cardano Foundation is on visit Hong Kong for Cardano Spot Conference and to meet the members of Cardano’s Hong Kong community. This meetup will be a great opportunity for the attendees to know more about Cardano blockchain and latest updates, future plans, new developments and much more.

This event will charge an entry fee, but the Cardano Foundation will cover this cost for the participants. This event has a limited capacity and is closed to only 50 members.

Cardano Foundation is organizing a number of events and [...]

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