Phil Potter, Chief Strategy Officer of Bitfinex Leaves the Company

Bitfinex’s Chief Strategy Officer Leaves Crypto Exchange According to Reuters report, Phil Potter, who is one of the directors of ‘stablecoin’ issuing company Tether, will be replaced by Jan Ludovicus van der Velde, Bitfinex’s CEO. Phil Potter said to Coindesk: As Bitfinex pivots away from the U.S., I felt that, …

Financial Services Agency (FSA) has sent Business Improvement Orders to Six Major Cryptocurrency Exchanges

Japan Targeted 6 Licensed Cryptocurrency Exchanges with Business Improvement Orders Japan’s financial regulator the Financial Service (FSA) has sent business improvement orders with six major cryptocurrency exchanges. As stated in press releases in their website, the FSA has demanded a risk management redesign – focused on anti-money laundering (AML) and …

Ripple Price Prediction says XRP to become close to $10 as the Potentiality

Ripple Price will Reach $10 says  Roman Guelfi, a Respected Crypto Expert Being the third largest cryptocurrency in the world, the Ripple has been experiencing price slump. Even though after hiring Cory Johnson, Ripple’s new head market strategist, XRP still seems to be struggling to raise in terms of value. …

Bahamas Central Bank to Start Pilot Cryptocurrency

Central Bank of Bahamas to Launch Pilot Digital Currency As per Jamaica Observer report, Bahamas Central Bank is planning to introduce a government-backed pilot cryptocurrency. Talking at the Bahamas Blockchain and Cryptocurrency conference prior this week, Deputy Prime Minister and Minister of Finance of the Bahamas, Mr. K Peter Turnquest, …

Four Arrested for Running Fake Crypto Exchanges in Ukraine

Ukrainian Police Arrested Four Men for Running Fake Crypto Exchanges As per a report on 21st June, Ukrainian Police have detained four men suspected of running six fake crypto exchanges. All four aged between 20 and 26 purportedly started at least six cryptocurrency exchanges, where they deceived users, afterward stealing …

Crypto Startups And Organizations To Sponsor New Blockchain Research Center At Stanford University

Stanford computer scientists to launch Blockchain Research Center supported by Ethereum Foundation Members of crypto startups and associations are sponsoring a new blockchain research center headquartered at Stanford University. The Center for Blockchain Research is uncharged by Dan Boneh and David Mazières, two professors who have major in blockchain and …

Ripple CEO Brad Garlinghouse Defends XRP’s Utility at Fintech Conference

‘Ripple is Different than XRP’ says Ripple CEO at Fintech Conference On Thursday, CEO of distributed ledger startup platform Ripple, Mr. Brad Garlinghouse says, “Let’s be clear: Ripple is different than XRP,” argued during CB Insights’ Future of Fintech conference. Brad Garlinghouse opened his talk by pushing back against arguments …

Consensys Is Launching Tachyon, The First Ethereum-Focused Accelerator Program In San Francisco

Ethereum Boost to provide Crypto Coders a Resources and ‘Reality Check.’ ConsenSys will be launching Tachyon, world’s first Ethereum-focused accelerator project in San Francisco. Beginning in September, dependent upon 15 projects will accept between $75,000 to $100,000 in investments, besides access to an eight-week program. As stated by the company, …

Korean Ministry to Investigate Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology (MIC) has Launched an Investigation into the Theft of $30 mln from Bithumb MIC has started an inquiry under the robbery of $30 mln from the world’s sixth biggest crypto exchange Bithumb. Bithumb, which is the best crypto exchange in South Korea, …

Central Bank of Brazil Develops Blockchain Data Exchange for Financial Regulators

Brazil’s Central Bank Unveils Blockchain Data Sharing platform for Regulators South American Nation Brazil could soon have a new blockchain platform to assure the authenticity of information exchanged within the nation’s financial authorities. On Tuesday, Brazil’s Central Bank, Banco Central do Brasil (BCB), declared that it has built the platform …

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