$30 Million Crypto Trading Fund To Launch In Shanghai | Coindelite News
Cryptocurrency News

$30 Million Crypto Trading Fund To Launch In Shanghai

A Shanghai-based cryptocurrency management company is planning to launch a new crypto trading fund through an unnamed partnership in Hong Kong. The company is named Point95 Global. The partnership is being carried out with an unnamed licensed asset manager based out of Hong Kong. This new private fund will focus …

Blockchain To Airdrop Stellar Lumens Worth $125M | Coindelite News
Cryptocurrency News

Blockchain To Airdrop Stellar Lumens Worth $125M

Blockchain has planned to distribute $125 million worth of Stellar Lumens (XLM) to its 28 million users who register for the airdrop. Blockchain, the cryptocurrency wallet provider will be hosting the “largest crypto giveaway in history.” The firm wants to disperse $125 million in Stellar Lumens (XLM) to its wallet users …

Israeli ICOs Raises $600 Million in Q3 2018 | Coindelite News
ICO News

Israeli ICOs Raises $600 Million in Q3 2018

Israel-based startups have raised more than $600 million through Initial Coin Offerings (ICOs) as of the third quarter (Q3) of 2018. The research firm One Alpha released these analytics on November 2. The research says that 140 blockchain-based firms in Israel have raised $1.3 billion in investment. The investments include 60 …

UK Government to Update Crypto Tax Guidance In 2019 | Coindelite News
Crypto Regulation

UK Government to Update Crypto Tax Guidance In 2019

UK officials have formed various regulatory steps around cryptocurrencies and the Distributed Ledger Technology (DLT). The Cryptoasset Taskforce’s report noted that the blockchain could be beneficial to the financial service sector & other industries. The HM Treasury, Financial Conduct Authority and the Bank of England will encourage the development of DLT and …

Australia Suspends ICO Worth $50 Million | Coindelite News
ICO News

Australia Suspends ICO Worth $50 Million

An Australian cryptocurrency startup named Global Tech Exchange (GTE) has recently stopped its operations. The company website states that the ICO could not meet the Australian Securities and Investments Commission (ASIC) requirements. According to the report, the ICO was launched in the summer of 2018 and was aimed to create …

iCloud Hacker Demands $175,000 From Apple | Coindelite News
Crypto Hack

iCloud Hacker Demands $175,000 From Apple

Kerem Albayrak, 21, a computer analyst from the United Kingdom tried blackmailing Apple for £133,000 in Bitcoin and £837 iTunes vouchers. The hacker also posted a video of him hacking into iCloud accounts on Youtube. Albayrak blackmailed Apple saying that he will release the iCloud users’ personal details if the …

Crypto Craze is Fading Away Says Russian Bank Head | Coindelite News
Cryptocurrency News

Crypto Craze is Fading Away Says Russian Bank Head

The Central Bank of Russia’s head Elvira Nabiullina stated that crypto craze has started to fade away. Elvira was recently a part of country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17. While speaking at the conference, she signaled the change in the stances of “businesses” towards technologies …

Civil Issues Full Crypto Refunds
ICO News

Civil Issues Full Crypto Refunds

Ever since the Civil Media Company talked about its decision to sell $8 million worth of cryptocurrencies, there was a lot of doubt in the market regarding the company’s abilities. Their concern wasn’t unfounded as the company was unable to achieve their ICO goals. Civil was planning to use the …

North Dakota Securities Regulator Bans Three ICOs | Coindelite News
ICO News

North Dakota Securities Regulator Bans Three ICOs

North Dakota’s security watchdog is taking action against ICO projects which are operating illegally in the state. Karen Tyler, the commissioner of the North Dakota Securities Department, has issued cease orders on three ICOs. These ICOs are unregistered and potentially fraudulent. The regulators’ team has recently published a Press Release …

The U.S. Government to Track Crypto Conversions | Coindelite News
Cryptocurrency News

The U.S. Government to Track Crypto Conversions

On October 3 the role of digital currencies in drug trafficking was discussed by the U.S. Senate Caucus on International Narcotics Control. Matthew Allen, an assistant director of domestic operations, Homeland Security Investigations (HSI) detailed about the drug trafficking. He stated that while criminals convert cryptocurrencies to government-issued currency creates vulnerability. …