Author: Max Boddy

19 Aug, 2019

Huobi Wallet to Support MakerDAO Tokens, Decentralized Applications

Major cryptocurrency exchange Huobi has added support for MakerDAO tokens and decentralized apps (DApps) in its wallet.  Huobi Group shared the announcement with Cointelegraph on Aug. 19. MakerDAO has a stablecoin called Dai, a token named MKR, and applications including CPD Portal. The Maker project is a combination of its stablecoin, collateral loans and community […]
19 Aug, 2019

Israeli Financial Authority to Accelerate Blockchain, Fintech Licensure

The Capital Market, Insurance and Saving Authority, a division of Israel’s Ministry of Finance (MoF), is looking to accelerate the process of procuring licenses for blockchain and fintech companies in the country. Israeli business news outlet Calcalist reported the development on Aug. 19. According to the report, the authority has launched dedicated industry teams, some […]
19 Aug, 2019

Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies

The Israel Bitcoin Association, a nonprofit organization that promotes the use of Bitcoin (BTC) and cryptocurrencies, has reportedly filed a freedom of information petition with a Jerusalem court. The petition purportedly seeks to require local banks to disclose their policies on money originating from digital currencies.  Local news daily Globes reported on Aug. 19 that […]
19 Aug, 2019

Winklevoss’ Gemini Crypto Exchange Hires New Chief Security Officer

Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium.  Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and […]
19 Aug, 2019

Bank of America Files Patent for Multi-Tiered Digital Currency Wallet

United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested.  The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology […]
17 Aug, 2019

Crypto Lender Nexo Pays Token Holders Over $2.4 Million in Dividends

Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%. Nexo announced the completion of its dividend payments in a press release on Aug. 16. According to the press release, Nexo has a user base of over 250,000. Moreover, Nexo’s […]
17 Aug, 2019

Bitcoin SV Devs to Offer ‘Office Hours’ for Project Assistance, Consulting

Bitcoin SV blockchain developer and blockchain organization service Open Directory creator synfonaut has launched a consulting service called Office Hours. This service connects developers in need of assistance with experienced Bitcoin SV devs, for help on Bitcoin SV projects.  Synfonaut announced the service’s launch in a Twitter post on Aug. 15. As per the platform’s  […]
16 Aug, 2019

US Customs and Border to Trial Blockchain Shipping Proof-of-Concept

A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept. The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late August to late September, per a report published on the CBP’s website. The COAC advises the […]
16 Aug, 2019

Coinbase Accidentally Saves Unencrypted Passwords of 3,420 Customers

Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s internal server, with affected customers now required to change their passwords. Coinbase announced the news in an official blog post on Aug. 16. According to […]
16 Aug, 2019

CoinGecko Joins AMLT Network to Combat Exchange Fraud, Scams, Hacks

Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will reportedly allow CoinGecko to improve its exchange Trust Score algorithm, as well as provide users with a means to report scams and hacks. The companies shared a press release with Cointelegraph on Aug. 16. According […]