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…
The G-20 Summit in Japan brought 20 finance ministers and central bank governors to officially commit to implementing the guidelines of the Financial Action Task Force (FATF). The lack of regulation in the crypto markets can be fertile ground for money laundering, terrorist financing, tax evasion, etc. Therefore, it is not surprising why the FATF…
London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit card. A critical bridge between the worlds of decentralized finance and retail Effective immediately,…
While some countries are friendly to Bitcoin, others seem to hate it. Unfortunately, the Czech Republic is far from one of the friendliest countries with crypto. According to recent reports, the country is about to enforce regulations on the crypto industry which are deemed to be even harsher than the ones required by the European…
The Winklevoss twins’ Gemini platform is being added as a constituent exchange to the Chicago Mercantile Exchange (CME Group) and Crypto Facilities’ (CF) Bitcoin and Ether-Dollar Reference Rate and Real-Time Index. As revealed in an official tweet from CME Group on Aug. 8, Gemini will be included in four major crypto pricing indices as of…
The Enterprise Ethereum Alliance (EEA) is setting up a technical group working on collaboration between the mainnet and enterprises. The working group, called the EEA Mainnet Initiative, intends to accelerate and lead cooperation between the EEA’s enterprise and startup members, as well as those who work on the mainnet’s technology and interoperability solutions, according to…
Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance. As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem. The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which…
Justice Joel M. Cohen of the New York Supreme Court (NYSC) has ruled to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, against the New York Attorney General (NYAG), on July 29. Cohen reportedly decided to give a 90 day extension to the case, which apparently…
Cryptocurrency-focused personal finance app Aximetria has gained a financial standards license recognized by Swiss regulators. In a press release provided to Cointelegraph July 29, Aximetria, which is based in the country, said the Swiss Financial Services Standards Association (VQF) license would allow it to function as a crypto intermediary and streamline its onboarding process. The…
South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution. Korea’s Shinhan bank to enhance security with blockchain According to a report published on Aug. 14 by local news outlet The Korea Times, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X and blockchain…
A new partnership between crypto lending and borrowing platform Celsius Network and fintech-focused media outlet Bitcoin.com aims to streamline digital currency-related services for crypto owners using the Celsius App. Per a press release published on Aug. 15, Celsius has integrated Bitcoin.com’s trading platform into its Celsius App to simplify cryptocurrency holders’ access to financial services.…
A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital. As Tech in Asia reports on August 14, the 100-hectare mixed-use development in Phnom Penh encompasses residential properties, offices, retail centers, schools and a large-scale exhibition hall: it counts 10,000 business tenants and a daily…
The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise. A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13. Mavs’ billionaire owner is a crypto enthusiast Cryptocurrency adoption has been on the horizon for the Mavs since early…
Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access…
A new proposal wants to take decentralization a step further by decentralizing the private keys themselves. Trusting trustless bot with your crypto private keys Tide, a non-profit privacy advocate, claims to have developed a decentralized technology, which gives rise to a trustless bot or Delegated Automated Trustee (DAT) on the blockchain. According to an announcement…
