Binance Launches Decentralized Crypto Exchange
Cryptocurrency News

Binance Launches Decentralized Crypto Exchange

After months of teasing and anticipation, Binance has finally launched its own cryptocurrency exchange that operates on their own blockchain called Binance Chain. At the time of writing this news, the platform is currently in the testnet phase, which means that users can try out the new platform should they …

French Tobacco Shops Start Selling Cryptocurrencies
Cryptocurrency News

French Tobacco Shops Start Selling Cryptocurrencies

Digycode, the French company, and Ingenico, the national point of sale (POS) service provider has made the purchase of cryptocurrency a lot easier for French citizens. Together, they have made it possible to buy cryptocurrencies offline through any of the 10,000 tobacco shops located in France. This accounts for less …

Everything You Need To Know About JP Morgan's Stablecoin
Cryptocurrency News

Everything You Need To Know About JP Morgan’s Stablecoin

JP Morgan Chase had a special announcement to make on Valentine’s Day. The financial giant announced the launch of its own cryptocurrency. This is a landmark event as JP Morgan is the first major bank to enter the digital assets market. This move was not expected by anyone as the …

Coinsquare Acquires StellarX
Cryptocurrency News

Coinsquare Acquires StellarX

Coinsquare, Canada based cryptocurrency exchange has acquired StellarX, the decentralized exchange (DEX). The announcement was made on Thursday and it proceeds the firm’s acquisition of BlockEQ stellar wallet which was completed last December. They plan to rebrand the wallet to function as an “anchor wallet” for the StellarX platform in …

Zcash Patches Infinite Counterfeit Vulnerability
Cryptocurrency News

Zcash Patches Infinite Counterfeit Vulnerability

The Caribbean island of Curcao held a cryptography conference last year on March 1 in which Ariel Gabizon gave a presentation on a Zcash’s code vulnerability. This small error has the potential to put billions of dollars under risk. One of Zerocoin Electric Coin Company’s engineer is credited to create …

NASDAQ Starts Working With Crypto Exchanges
Cryptocurrency News

NASDAQ Starts Working With Crypto Exchanges

NASDAQ’s proprietary surveillance technology is being made available to cryptocurrency exchanges. A 20 person team is contributing to provide better security for identifying fraudulent transaction patterns to help curb the incidents of fraud. The eligible exchanges will be granted access to Nasdaq’s surveillance technology. It is used by the financial …

Saudi Arabia and UAE Start Testing Crypto Payments
Crypto News

Saudi Arabia and UAE Start Testing Crypto Payments

As previously reported by CoinDelite, both Saudi Arabia and UAE have been working on developing a cross-border payment system for cryptocurrencies for the past few months. It was recently revealed that both the countries have initiated the testing phase for using cryptocurrencies as a means to carry out cross-border payments. …

NY Announces First Ever US Crypto Task Force
Crypto News

NY Announces First Ever US Crypto Task Force

New York State (NYS) Legislature’s assemblyman has announced that the state is planning its first cryptocurrency task force. This news was first revealed through a Facebook post on 3rd January 2019. Clyde Vanel, an NYS Assemblyman and Chair of Subcommittee on Internet and New Technologies was the person who posted …

Indian Government Finalizes Crypto Regulations | Coindelite News
Crypto Regulations

Indian Government Finalizes Crypto Regulations

The Indian Government has recently confirmed the report that contains a regulatory framework for cryptocurrencies by an inter-ministerial committee. The Indian government has been working on crypto regulation from a long time. Mr. Subhash Chandra Garg, Secretary of the Department of Economic Affairs, lead the Inter-Ministerial Committee (IMC) and developed the …

Crypto Fails the Basic Test of Financial Services: Bank of England Advisor
Cryptocurrency News

Crypto Fails the Basic Tests of Financial Services: Bank of England Adviser

The senior adviser to Bank of England’s (BOE) Governor Mark Carney, Huw van Steenis, told Bloomberg in an interview on Monday, January 21, that cryptocurrencies fail the fundamental financial tests. Van Steenis has worked at corporations with the likes of Schroders and Morgan Stanley. He joined BOE in 2018 and is …