eToro, the social trading network, has signed French professional tennis player Gael Monfils on as its global ambassador. Monfils is no stranger to success. At the age of 31, he has already won seven Associated of Tennis Professionals (ATP) singles titles, competed in several Grand Slam tournaments, and is due to play two more later … [Read more…]
A hospital in Scotland is believed to be the first to open a treatment centre for people addicted to trading cryptocurrencies such as Bitcoin. Castle Craig Hospital in Peeblesshire has taken the step of creating a residential treatment course for ‘crypto addicts.’ The aim is to help those deal with the underlying issues and learn … [Read more…]
Singapore-headquartered startup Uppsala Foundation has raised US$8 million in its initial coin offering (ICO) for the development of its fraud prevention blockchain, Sentinel Protocol. The public token sale reached its sales target under four minutes, the company said. Sentinel Protocol is a blockchain-based threat intelligence platform that aims to defend users against hacks, scams, and … [Read more…]
The world’s first zero-trading-fee cryptocurrency exchange is aiming to provide a platform for its users that’s open, frictionless, and participatory. Amid the rising interest with cryptocurrencies and the blockchain, delivering a service to a fast-growing cryptocurrency trading community may seem easier said than done. Yet, for Singapore-based ABCC (AlphaBit CryptoCurrency) exchange it is pitching itself … [Read more…]
Taylor, a cryptocurrency startup developing a trading app, was hacked out of more than 2,500 ETH, or approximately US$1.5 million, in addition to 7% of the total supply of its own TAY token, the company said on May 22. According to the official statement, the only tokens that remain are those in the Founders’ and … [Read more…]
Matthew Rodbourne, co-founder and Business Growth Manager of peer-to-peer cryptocurrency trading platform ETHBITS spoke with CoinJournal at CoinFest UK 2018. Rodbourne shared news of upcoming developments for ETHBITS and its new iTrade platform which will launch in August. ETHBITS was founded a year ago by self-professed “crypto-fanatics”, it’s a peer to peer trading platform that … [Read more…]
Cryptocurrency exchange Coinbase has revealed that its GDAX platform will evolve to become Coinbase Pro and that it is acquiring Paradex, a token trade rely platform. According to the San Francisco-based exchange, ‘Coinbase Pro is an evolution of GDAX, specifically designed for individual crypto traders.’ Launched in 2015, GDAX has built liquidity and stability in … [Read more…]
The U.K.’s Financial Conduct Authority (FCA) has opened up 24 investigations into cryptocurrency businesses, a Freedom of Information request has revealed. In a report from the Financial Times, the U.K.’s top financial watchdog also confirmed that it had opened seven whistleblower reports relating to digital currency companies so far this year. The FCA has confirmed … [Read more…]
The Monetary Authority of Singapore (MAS), the city-state’s central bank and financial regulator, has warned eight cryptocurrency exchanges in Singapore not to allow trading in digital tokens that are securities or futures contracts without the regulator’s permission, it said on Thursday. “MAS has reminded the eight digital token exchanges to seek MAS’ authorization if the … [Read more…]
Fintech payment platform Revolut has today announced that it has added XRP and BCH to its list of offerings, further cementing itself as a digital banking alternative. Launched in 2015, the London-based platform is aiming to revolutionise the foreign exchange currency market by providing the best exchange rates, the lowest fees, and no interest charges … [Read more…]