EXCHANGES

This AI Platform Identifies Privacy Threats in Social Networks and Messengers

[ad_1] Preserving your online privacy has become almost a lost cause these days. Thankfully, some entrepreneurial minds have taken it upon themselves to help web users stay informed of privacy risks and take action to thwart attempts to access their personal data. Guard is a platform which is doing exactly that. Also read: Bankers Start to Recognize Bitcoin’s Role in Financial Evolution Reading the User Agreement Everyone has multiple online
BLOCKCHAIN

Court Orders Purported Crypto Company Longfin to Pay $6.7M Penalty

[ad_1] The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties.Falsely obtained qualification for Regulation A+ offeringOn Sept. 30, the Securities and Exchange Commission (SEC) announced that a New York federal court entered a default ruling against the fintech company for “fraudulent public offering and falsifying revenue from sham commodities transactions.”According to the
BLOCKCHAIN

Swiss Digital Exchange Plans ‘Initial Digital Offering’ in 2020: Report

[ad_1] Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020.SDX security tokenThe not-yet-launched SDX has reportedly set up a global consortium of financial institutions to back its IDO in the middle of 2020, Coindesk reports on Sept. 30.Thomas Kindler, who took over as SDX CEO on Sept. 1, elaborated that the consortium comprises a
BLOCKCHAIN

Aragon Expects Ethereum’s Istanbul Hard Fork to Break 680 Smart Contracts

[ad_1] The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that the impetus behind the update is to further ensure frictionless functioning of decentralized autonomous organizations (DAOs) built on the Aragon
BLOCKCHAIN

SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one

[ad_1] The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO).On Sept. 30, the SEC announced in a press release that it has settled the charges against the firm behind the EOS network and corresponding token in the form of a civil monetary penalty. Block.one settled the charges without admitting or denying
EXCHANGES

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund

[ad_1] The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products. CME Group has also revealed the derivatives marketplace will provide options on its bitcoin futures during the first quarter of 2020. Also read: Fidelity’s Cryptocurrency Arm Starts Offering
EXCHANGES

Binance Research: Bakkt to Blame For September’s Bearish Performance

[ad_1] The crypto industry lost significant momentum during September. Binance Research claims that one of the potential reasons for this may have been people ‘selling on the news’ of Bakkt launching. Bakkt Launch Fell Flat Most notably, on September 23, 2019, Bakkt Bitcoin futures contracts started trading. However, what was hoped to be a groundbreaking moment for the market turned out to be a massive anticlimax. One of Bakkt’s promises
BLOCKCHAIN

US Department of Homeland Security Awards $143K Grant to Blockchain Firm

[ad_1] The United States Department of Homeland Security (DHS) has awarded $143,478 to Vienna-based Danube Tech to develop blockchain security solutions.Silicon Valley Innovation ProgramOn Sept. 26, the United States DHS Science and Technology Directorate (S&T) announced in a press release that Danube Tech was awarded a contract to assist the department in its ongoing fight against forgery and the counterfeiting of certificates and licenses. The news release states that services such
Business

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers Around $8,200

[ad_1] Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around.Cryptocurrency market daily overview. Source: Coin360Bitcoin has not yet been able to recover from Tuesday’s double-digit losses, but the coin is showing signs that a recovery phase might be on the horizon.While billionaire technology investor Mark Cuban said
ANALYSIS

Are Trading Vehicles Dragging Crypto Into Maturity?

[ad_1] Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there were few exchanges, low liquidity and barely any infrastructure, meaning that crypto was less a financial instrument and more a digital novelty. Larger centralized exchanges unlocked the idea that Bitcoin and other cryptocurrencies have relative