Cryptocurrency Analysis and News Portal
The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States.In a Jan. 15 hearing, the FSC Subcommittee on National Security, International Development and Monetary Policy has examined how U.S. financial institutions can combat domestic terrorism, extremism and acts
Read MoreNew Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.Speaking during a U.S. House Financial Services Committee monetary policy sub-committee hearing, Maples said domestic terrorists find value in bitcoin and other cryptocurrencies’ security and maskability. “They’re seeing the effectiveness of
Read MoreStrengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again.Upbit decided to update its defenses in response to an Ethereum (ETH) hack the exchange suffered in 2019, an Upbit
Read MorePete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken.Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services.Departure from CoinDesk and the new roleRegarding
Read MorePete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken.Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services.Departure from CoinDesk and the new roleRegarding
Read MoreA crypto analytics startup will recommend the U.S. Congress call for more stringent anti-money laundering (AML) enforcement around exchanges facilitating the trade of privacy coins during a hearing on how cryptocurrency is being used in human trafficking.At a Wednesday hearing revisiting landmark legislation passed 20 years ago, the House of
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Read MoreJPMorgan’s blockchain spin-off Kadena has fully launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.”Launched on Jan. 15, Kadena’s public blockchain includes full transactions and the ability to write smart contracts, the firm’s CEO co-founder and Will Martino said in a press release shared
Read MoreAccording to January 14, 2020, form filed with the U.S. Securities and Exchange Commission (SEC), Bitwise Asset Management has officially withdrawn its application for a Bitcoin (BTC) exchange-traded fund. Reasons for Withdrawal Unclear In what comes as a major jolt to the long-standing dream of the cryptocurrency community of a BTC ETF,
Read MoreCrypto startup Kadena’s public blockchain launched Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts. The Brooklyn-based offshoot of JPMorgan’s blockchain center announced that the launch marks another step in its effort to develop scalable, secure proof-of-work alternatives to the current leading cryptocurrencies: ethereum and
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