Cryptocurrency Analysis and News Portal
Hackers compromised five United States law firms and demanded two 100 Bitcoin (BTC) (over $933,000 at press time) ransoms from each firm: one to restore access to the data, one to delete their copy instead of selling it.According to data shared with CryptoX by cybersecurity firm Emsisoft, the hacker
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As the United Kingdom left the European Union this week, the Paris-based hardware provider Ledger and Vienna-based exchange Bitpanda made its thoughts known on the theme of “exit.” Hanging in Canary Wharf, a financial district in London, on Friday was Ledger’s 7-by-4-meter digital billboard, reviving and modifying the controversial pro-Brexit slogan
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Silvergate Bank is venturing even further into a field where few financial institutions dare to tiptoe.The La Jolla, Calif., lender made a name for itself providing hard-to-come-by U.S.-dollar banking services for businesses that deal in cryptocurrency. But now Silvergate wants to handle digital assets themselves.While the bank has no such
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Two leading manufacturers of crypto mining hardware notified customers their shipments would be delayed at least a week because of the coronavirus quarantine in China.This week MicroBT, Bitmain and Canaan notified customers the application-specific integrated circuits (ASICs) they ordered would not be immediately sent, as the Chinese government extended New
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Telefonica, one of Spain’s biggest and largest telecommunications companies (and the world’s), announced last week that it is throwing an open-house party for as many as eight thousand crypto and blockchain firms in its new blockchain garden.To cater to such a gigantic crowd, the telecom giant joined forces with the
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A strict new regulatory regime is dawning upon European firms handling cryptocurrency.Friday marks the deadline for the European Union’s 28 member nation-states to adopt the Fifth Anti-Money Laundering Directive or AMLD5. The new rules require crypto exchanges and custodial service providers to register with their local regulator, and demonstrate compliance
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Spanish telecommunications giant Telefonica has reportedly partnered with the local Association of Science and Technology Parks (APTE) to grant access to its blockchain to about 8,000 firms in Spain.According to a report published by telecom news outlet TotalTele on Jan. 9, Telefonica will deploy nodes of its Hyperledger-based blockchain
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Cryptocurrency entities licensed under the New York’s Financial Services Law (FSL) should pay the costs of regulatory oversight, Governor Andrew Cuomo believes.The Democratic Governor purportedly wants the state authorities to amend the FSL in order to require virtual currency-related entities within the FSL jurisdiction to foot the bill for
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France’s top financial regulator has published new rules regarding the licensing of digital asset service providers (DASPs) as well as guidelines for applying for the non-mandatory license and informing the AMF about internal cybersecurity practices.The Autorité des marchés financiers (AMF) or Financial Markets Authority released the rules on Wednesday and
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The stock exchange of China’s technology capital Shenzhen, the Shenzhen Stock Exchange (SSE), launched an index tracking the performance of 50 blockchain firms.According to an announcement on Dec. 24, the index will be based on the stocks of 50 companies listed on the SSE that participate in the blockchain
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