19 Sep, 2019

Major Asian Blockchain VC Firm Launches New Bitcoin Tracker Fund

Major Asia’s blockchain-focused venture capital firm CMCC Global has launched a new institutional tracker fund for Bitcoin (BTC). Custody by Hong Kong Stock Exchange-listed firm Called the Liberty Bitcoin Fund, the Bitcoin index fund deploys Anxone, a custodial solution developed by BC Group, tech and digital asset company listed on the Hong Kong Stock Exchange, […]
19 Sep, 2019

Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7

Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset.  On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank for International Settlements (BIS) — an umbrella group for 60 central banks and monetary authorities — to discuss […]
19 Sep, 2019

New Bitcoin Wallet-Focused Trojan Uncovered by Security Researchers

A new Remote Access Trojan (RAT) malware that steals Bitcoin (BTC) wallet data has been discovered by security researchers, according to a Sept. 12 report from Zscaler ThreatLabZ.   The RAT, dubbed InnfiRAT, is designed to perform a wide range of tasks on the infected machines, including specifically seeking out Bitcoin and Litecoin (LTC) wallet data. […]
19 Sep, 2019

Bitcoin Price Dips to $9.6K as Bear Cross Looms – CoinDesk

View BTC quickly fell to $9,600 this morning, bolstering the bearish setup on the 4-hour and daily charts. A deeper drop to key support at $9,454 may now be in the offing. A UTC close below $9,450 would confirm a downside break of a three-month-long contracting triangle and expose the 200-day moving average (MA) support […]
19 Sep, 2019

Korea: Opposition Party Boasts Pro-Crypto Policy in Contrast to Gov’t

South Korea’s main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges. As Cointelegraph Korea reported on Sept. 19, the LKP’s stance appears to be more radical and pro-innovation than that of the current government, notably in its support for the authorization of tokenized securities.  Authorizing […]
19 Sep, 2019

Arab Bank’s Swiss Arm is Launching Cryptocurrency Services – CoinDesk

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services. Arab Bank (Switzerland) announced on Thursday that it will offer clients a range of services including custody and brokerage of bitcoin (BTC) and ether (ETH). The bank – based in the canton of Zug […]
19 Sep, 2019

All 7-Eleven Stores Across the Philippines Now Sell Bitcoin

Cryptocurrency investment app Abra starts selling crypto for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay. Crypto in 6,000 outlets in the Philippines Abra announced on Sept. 18 that the partnership will bring crypto to 6,000 retail outlets across the Philippines, including all 7-Eleven stores. The company […]
19 Sep, 2019

As Libra Battles Critics, Zuckerberg Aims to Win Over US Policymakers

Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content. As noted in Bloomberg’s Sept. 19 report, the meetings come after a summer of intense scrutiny of Facebook’s proposed Libra stablecoin project from United States lawmakers and regulators. A social […]
19 Sep, 2019

North Korea Plans Bitcoin-Like Cryptocurrency to Sidestep Sanctions – CoinDesk

North Korea is working on building its own cryptocurrency to get around the tough international sanctions. Development is apparently still in its early stages and follows a similar project from Venezuela, which launched its oil-backed petro token last year – also to avoid U.S.-led sanctions. In a Wednesday report from Vice, Alejandro Cao de Benos – […]
19 Sep, 2019

Bitcoin Price Reversal Triggers $150 Million BitMEX Liquidation

The recent Bitcoin and altcoin news show that there are a lot of losses on the market. It seems that the Bitcoin price reversal has triggered a lot more reds than originally expected. In a move that was not entirely unexpected, the BTC price has plunged below $10,000 in a breakdown that started around 1PM […]