Category Archives: Cryptocurrency News

ETC Group will launch cryptocurrency ETPs on the Vienna Stock Exchange

The British company ETC Group has announced the listing of exchange traded products (ETP) on BTC, ETH and LTC on the Austrian national stock market. The ETC Group specializes in the development of innovative digital asset backed securities and is backed by a number of major financial institutions in London. The ETC Group’s shareholders include firms such as XTX Ventures, the venture capital arm of XTX Markets that builds the electronic marketplace. According to the…

David Marcus: “Novi Wallet for Facebook Diem is Ready to Go to Market”

The head of the blockchain division at Facebook, David Marcus, writes that Novi wallet for the Diem (formerly Libra) payment system is ready to go to market. He does not name a possible launch date. Markus wrote in an article on Medium that there are many serious flaws in international payment systems. We are talking about their slow operation, high transaction fees and lack of interaction between them. Banking services are still unavailable for 1.7…

Poly Network Hired White Hacker as Chief Security Consultant

The Poly Network management offered the hacker, who stole and partially returned tokens worth $ 610 million, the position of chief security adviser and a reward of $ 500,000. Last week, a hacker hacked into the Poly Network in the largest attack in the history of decentralized finance. Later, the attacker said that he did this not to embezzle users’ money, but out of interest in finding vulnerabilities in the project. The hacker has already…

Cboe Vest launched fund on BTC “with controlled volatility”

Asset management company Cboe Vest launched the first BTC mutual fund with the promise of protecting investors from losses associated with high volatility. A number of experts in the crypto industry believe that Bitcoin volatility is a natural process, similar to fluctuations in oil, gold or traditional currencies. Cboe Vest disagrees with this position and has attempted to provide investors with a tool to predict risk rewards. According to the statement of Cboe Vest, the…

Supreme Court of China approved the legal effect of blockchain entries for internet courts

The ruling of the Supreme People’s Court of China has come into force, according to which the records in the blockchain are now legally binding and can be used as evidence in court. Judicial interpretations of the Supreme People’s Court of China (SPC) entered into force on August 1, 2021, and will be applied in more than 3,500 Internet courts across the country. The rules cover legal practice, general principles, applicable scope and applicable terms…

US Army uses blockchain to manage tactical data

US military engineers responsible for command, control, communications and intelligence (C5ISR Heart) are testing blockchain-based technologies in operational data management. In modern warfare, armies have become more vulnerable to cyberattacks than to physical destruction of manpower and equipment. Therefore, tactical support for hostilities requires a developed communications infrastructure, and most importantly, a protected digital environment. Taking control of communications allows the adversary to manipulate information before it reaches the end users. Therefore, the task of…

US government will pay Coinbase $ 29,000 for analytics tools

The Immigration and Customs Administration, the leading US border security agency, wants to use “computer analytics software” from Coinbase. Details of the planned contract between USCIS and Coinbase have been included in a document posted on SAM.gov. According to the notification of planned actions under the contract: “The Department of Homeland Security (DHS), US Immigration and Customs Enforcement (ICE), Office of Procurement (OAQ) intends to place an order for the supply of computer analytic services.…

New Wyoming laws favor miners and cryptocurrency banks

The state of Wyoming has passed legislation to attract miners and cryptocurrency companies to its jurisdiction. Wyoming has always been a little different from the rest of the United States. It was the first state to grant women suffrage, and its current policies are deeply libertarian. And especially in Wyoming, the first DAO in the United States was registered. In most states, any company that processes cash (or cryptocurrency) payments must prove they have sufficient…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Study: 55 out of 100 largest banks invest in cryptocurrency and blockchain companies

The world’s largest banks, including Barclays, Citigroup and Goldman Sachs, are expanding their involvement in the cryptocurrency and blockchain industry through funding projects and businesses in the industry. According to a study by Blockdata, 55 of the world’s 100 largest banks by assets under management interact in one way or another with the blockchain and cryptocurrency industries. Their involvement includes direct and indirect investments in cryptocurrency and decentralized ledger technology companies, according to the researchers.…