News of the Week

Swiss Crypto Banks Receive Licenses From Financial Regulator

The Swiss Financial Market Supervisory Authority has reportedly granted two banking and securities dealer licenses to crypto-focused banks. Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses. With the new license, Seba expects to officially launch its new trading platform in early October 2019. Sygnum said that regulatory approval will allow it to bring its digital asset offerings to market, which include custody and integrated liquidity platform for major digital currencies including Bitcoin, Ether, and digital Swiss Franc tokens. 

Read more…

General Manager of Houston Rockets Basketball Team Bullish on Bitcoin

Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin. Morey said “I just bought more” in response a pro-Bitcoin tweet by Morgan Creek Digital Assets co-founder Anthony Pompliano, who said that Bitcoin allows investors to avoid the chaos of global markets. Indeed, some commentators have suggested that Bitcoin’s price can serve as an indicator of geopolitical turmoil and serve as a safe haven asset for individuals in economically or politically turbulent situations. Pompliano wrote that Morey should now be added to the long list of celebrities, athletes and musicians that are pro-Bitcoin. 

Read more…

Switzerland’s First Licensed Crypto Bank in Talks to Seal a Banking License in Singapore

Sygnum is in talks with local regulators to seal a banking license in Singapore. The cryptocurrency firm has only just been issued a conditional banking and securities dealer license in Switzerland — and now aims to become a fully regulated bank on the island nation so it can provide a full suite of financial services.

Read more…

French Police Shut Down 850,000 Computer Botnet Used for Cryptojacking

French police have shut down a massive botnet that has been used for Monero cryptojacking. The botnet was distributed by sending virus-laden emails with offers for erotic pictures or fast cash, and further propagated through infected USB drives. The virus, called Retadup, ultimately infected 850,000 computers in over 100 countries — thus creating a massive botnet.

Read more…

Bitcoin Developer Reveals Multisignature UI Teaser for Hardware Wallets, Full Nodes

The organizer of a Bitcoin programming boot camp has published a multi signature user interface proof-of-concept for both hardware wallets and full nodes. Justin Moon published a quick guide to using the prototype UI with the full software code on GitHub. 

Read more…

Rumor: iPhone 2020 Adopting Blockchain Technology

2020 will be a great year for iPhone users if the rumor of Apple adopting blockchain technology is true. The beginning of the next decade would be a deciding start for the iPhone. Unless Apple adopts the simplified iPhone lineup, they might end up releasing inferior products for higher prices.

Read more…

Leave a Reply