15 July, 2019 16:52
Tether mistakenly released 5 billion USDT
Tether's cryptocurrency platform mistakenly released 5 billion of its tokens. After that, 50 million coins were issued, which were eventually transferred to Poloniex. Representatives of the technical support of the platform also reported that the question of the return of funds is currently being addressed.
15 July, 2019 15:49
UK to tighten crypto regulation under new economic crime plan
London reportedly plans to take stricter measures to monitor the cryptocurrency market in terms of legal compliance. The UK government has unveiled its fresh economic crime plan for 2019-2022 which now contains measures covering cryptocurrencies.
15 July, 2019 10:39
Southern District Court of New York: BitFunder founder faces 14-month sentence
The Southern District Court of New York has determined to put in prison the founder of cryptocurrency platforms BitFunder and WeExchange Jon Montroll for 14 months. The defendant was arrested and charged with fraud activities and running unauthorized cryptocurrency exchange in February 2018.
15 July, 2019 10:00
South Korean corporations create blockchain consortium
A consortium of major South Korean technology and banking plans to launch a mobile identification system based on distributed registry technology (DLT) in 2020. The largest South Korean companies have agreed to launch a blockchain-based mobile identification system in 2020. The largest South Korean companies have agreed to launch a blockchain-based mobile identification system in 2020.
12 July, 2019 14:18
Donald Trump makes post regarding Libra on Twitter
This week for Facebook's Libra project has been developing progressively. Following the last-week open letter from five US congressmen and recent statement of the US Fed Chairman Jerome Powell, the next hierarchy has become the US President Donald Trump by Friday.
12 July, 2019 12:29
US SEC gives second Regulation A+ license this week
The US Securities and Exchange Commission has approved the distribution of Props tokens among content creators and users of YouNow for rewards in applications. The license was given in line with the Regulation A+.
12 July, 2019 11:07
Japan-based BitPoint platform hacked for about $32 million
Japan-based licensed cryptocurrency exchange – BitPoint – has been hacked and suffered sufficient losses. The attack hit the platform in the early hours of July 12. The company has suspended all operations by now.
11 July, 2019 16:52
Canada revises AML policies to cover crypto exchanges
Canada has reportedly revised and updated anti-money laundering measures effective in the country. The new edition will include measures to be taken by cryptocurrency trading platforms. The government has unveiled the amendments to the effective anti-money laundering policies yesterday.