Business

US Regulator Acts Against Crypto Firm Falsely Claiming to Represent Coinbase, Cointelegraph

[ad_1] The Texas Securities Commission (TSC) has issued an emergency cease and desist order against a Russian crypto firm, according to an official press release published September 18. The Texas regulator states that the company allegedly misappropriated both Coinbase and Cointelegraph materials to attract investors.The firm, operating as Coins Miner Investment Ltd., is said to have spoofed the email address of major U.S. crypto exchange and wallet service provider Coinbase
Business

Central Bank Refutes Fake Articles Claiming its Chairman Invested $1 Bln in BTC

[ad_1] Singapore’s de facto central bank issued two warnings over two fake news websites Tuesday, September 18, after articles were published with “fabricated comments” about crypto from Chairman and Deputy Prime Minister Tharman Shanmugaratnam.The sites, Gulf Weed Crab and Positive Bath Hour, which feature hoax news stories on seemingly random topics, had claimed Shanmugaratnam was behind both a state-sponsored $1 billion investment in Bitcoin (BTC) and a “Hi-Tech Digital Project”
Business

Upbit Crypto Exchange Operator to Open Singapore-Based Crypto Exchange Next Month

[ad_1] Kakao-affiliate Dunamu, the operator of major South Korean crypto exchange Upbit, plans to open a Singapore-based exchange next month, local news outlet Yonhap News reports September 19.According to Yonhap, Dunamu already set up a branch in Singapore this February as part of its active push to expand across the Asian market. While the exact date of the Singapore exchange launch remains to be finalized, the firm told Yonhap that
ANALYSIS

How Blockchain Can Help Both Refugees and Host Nations

[ad_1] As the United Nations Refugee Agency warned in the first days of September, the death rate for refugees attempting to reach Europe has risen. That sounds even more cruel considering that the numbers trying to make the crossing has fallen.For every 18 people crossing to Europe over the central Mediterranean between January and July 2018, one person died. This is twice more than over the same period in 2017,
Business

German Finance Minister Doubts Crypto Can Currently Replace Traditional Currencies

[ad_1] Germany’s Finance Minister Olaf Scholz doubts that cryptocurrencies can currently replace traditional fiat currencies, Cointelegraph auf Deutsch reports today, September, 18."I would doubt today, whether it has a perspective as a currency model, " said Scholz at a “citizens dialogue” at the German-Dutch Army Corps in Münster. Scholz compared cryptocurrencies to the tulip fever bubble in the Netherlands in the 17th century saying, "and the danger is great that
Business

Brazil’s Antitrust Agency Launches Probe Into Major Banks Regarding Crypto Trade

[ad_1] Brazil’s antitrust regulator is reportedly inspecting six major national banks for alleged monopolistic practices in the crypto space, Reuters reports September 18.Brazil’s antitrust regulator, the Administrative Council for Economic Defense (CADE), which operates under the Ministry of Justice (MJ), has purportedly launched a probe on Tuesday to find out whether the country’s largest banks closed the accounts of brokerages trading in Bitcoin.According to Reuters, the investigation by the CADE
BLOCKCHAIN

Former Linkedin Data Executive Joins Coinbase as VP of Data

[ad_1] Former LinkedIn executive Michael Li has recently joined major U.S. crypto exchange and wallet provider Coinbase as the VP of data, TechCrunch reports September 18.Li started his career at LinkedIn as Director of Business Analytics back in 2011. The expert has been growing his professional experience at the the business and employment-oriented company, working on business analytics and data science.In his LinkedIn post, Li noted that centralized data organization
BLOCKCHAIN

German Frankfurt School to Issue Blockchain-Based Course Certificates

[ad_1] The Frankfurt School of Finance & Management (FS) in Germany will now offer students the ability to prove their qualifications using blockchain technology, Cointelegraph auf Deutsch reported September 17.As part of a pilot program, graduates of one of FS’ courses on blockchain technology will be able to prove their successful completion of the course with a certification stored on a blockchain itself.For the pilot project, FS is working with
Bitcoin News

ChainBerry Equity: The first German blockchain equity fund

[ad_1] This year, ChainBerry Equity is launching the first German-listed equity fund, which only includes companies that operate in the blockchain sector. The equity fund was launched by the capital management company HANSAINVEST, and the stock selection was carried out by ChainBerry Asset Management GmbH. The Blockchain equity fund could be another important step towards adaptation in Germany. Also away from the crypto currencies, blockchain technology offers a lot of
BLOCKCHAIN

Developer Completes ‘Proof-of-Life’ Off-Grid Crypto Transaction Primed for Post-Apocalypse

[ad_1] A developer known as “Daniel Jones” on Twitter claims to have completed a solar-powered, off-grid crypto transaction using shortwave radio and blockchain, The Next Web reports Tuesday, September 18.The project was reportedly devised in response to the CallForCode challenge, which challenges tech innovators to improvise with existing tools in order to find relief solutions for natural disasters.The off-grid transaction was completed on the open-source blockchain network ‘Burst’ and involved