Despite the fact that the US Securities and Exchange Commission (SEC) has yet to craft a clear regulatory framework for cryptocurrencies, the agency placed a great deal of emphasis on the space this year, particularly on initial coin offerings (ICOs). The SEC’s Division of Enforcement published its fiscal year 2018 annual report, the second one of its kind in which […]

A court in South Korea has ruled that the decision by a commercial bank to stop offering banking services to a cryptocurrency exchange was unlawful and must therefore be rescinded. According to the Central District Court’s 50th Civil Affairs Division, the move by South Korean commercial bank Nonghyup to cease offering deposit and withdrawal services to Coinis cryptocurrency […]

There is a rapidly growing interest in bitcoin and other cryptocurrencies among institutional investors while there seems to be lethargy in the number of retail buyers operating within the space. As such, bitcoin and altcoins now constitute a new institutional investment class since 2017, according to new research from major US bank Morgan Stanley. In the report titled “Bitcoin Decrypted: A Brief […]

Banco do Brasil reportedly even held $32,300 of the exchange’s funds in limbo. A lawsuit against it was filed on Sept. 12. Initially, an injunction was denied, but judge Fátima Rafael, from the Federal District Court, later gave the financial institution a 24-hour period to reopen Bitcoin Max’s accounts or face a fine of about […]

Venezuela’s controversial state-owned cryptocurrency the Petro is now available for purchase for fiat and crypto, Venezuelan Economy Department announced on Twitter Monday, Oct. 29. According to an infographic included in the tweet, Petro can now be purchased directly from the country’s treasury via the coin’s official website or from six crypto exchanges authorized by the government. The state-issued coin can be purchased […]

The privacy-centric zcash cryptocurrency just took a small step toward greater decentralization. Revealed exclusively to CoinDesk, ethereum-focused startup Parity Technologies is partnering with the non-profit Zcash Foundation to create the first zcash node software that isn’t built or managed by the Zerocoin Electric Coin Company led by Zooko Wilcox. As part of that shift, the foundation is looking to hire four engineers […]

The term “institutional crypto” sounds like an oxymoron. There’s something quite ironic about financial institutions adopting a renegade technology that was designed to do away with them. Yet a string of developments this past month suggests that – to put it bluntly – the institutions are coming for your crypto. Whether this is something to […]

A gang of Call of Duty players is suspected of masterminding a plan to steal more than $3 million in cryptocurrency. Citing unsealed court documents, the Chicago Sun-Times reports that the group — which includes a Dolton, IL man and a man from Bloomington, IL — is alleged to have hacked into cryptocurrency wallets after gaining access to the […]

An Australia-based digital entertainment company with a global audience of 350 million gamers is turning its attention to blockchain as it launches its first cryptocurrency-based web game. iCandy Interactive says CryptantCrab is a player versus player (PVP) game that offers “artistically designed crabs for players to collect, mutate, battle, and trade.” Each CryptantCrab is unique and individual to […]

Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they were unprepared […]