About Author:
Aisshwarya Tiwari
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
In a press release issued on June 19, 2019, the United States Department of Justice (DoJ) unsealed a complaint against a Swedish citizen named Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), for orchestrating a multi-million dollar investment scam using bitcoin. Investors Duped of More than $11 Million...
Public blockchain platform Zilliqa (ZIL) has partnered with Singapore-based payments provider Xfers to explore the use of blockchain-based solutions in the digital payments space in Southeast Asia. This, according to a report by The Business Times, June 19, 2019. Making Payments More Efficient and Transparent The use of blockchain technology...
In a blog post published on June 18, 2019, decentralized exchange (DEX) Bancor announced that from July 8, 2019, its U.S.-based users will no longer be able to use the exchange to trade digital currencies. Unclear Regulations to Blame The decentralized P2P exchange blamed ambiguous crypto and blockchain regulations in...
In a blog post published on June 18, 2019, the Litecoin Foundation announced that it had partnered with cryptocurrency exchange Bibox and blockchain startup Ternio to release a special edition crypto-enabled debit card called Litecoin BlockCard. Aim to Ease Spending of Digital Currencies One of the major obstacles that have...
According to a press release issued on June 18, 2019, Bitbuy, one of Canada’s leading cryptocurrency exchange platforms has entered into a partnership with blockchain education website Blockgeeks to jointly develop a new platform to trade digital currencies. Enabling the Purchase of Crypto Through Credit Cards In a bid to...
According to a report by Finance Feeds published on June 18, 2019, the U.S. Commodity Futures Trading Commission (CFTC) has filed a complaint against a U.K.-based firm named Control-Finance Ltd. and its sole Director Benjamin Reynolds. The regulator reported that they stole more 22,800 bitcoin (approx. $147 million) from customers...
According to a Bloomberg article published on June 17, 2019, financial services firm TP ICAP is set to enter the cryptocurrency industry starting with offering cash-settled futures contracts on the Chicago Mercantile Exchange (CME). Another Finance Firm Forays into the Crypto Industry As bitcoin (BTC) looks to regain its lost...
According to a Bloomberg report published on June 17, 2019, Canadian pharmacy chain Shoppers Drug Mart has inked a business deal with distributed ledger technology (DLT) startup TruTrace Technologies to launch a pilot program to track the supply chain of medical cannabis. Tracking Cannabis from Seed to Smoke In a...
On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network called “Libra blockchain.” The social media giant’s cryptocurrency will supposedly...
Leaders of top crypto ventures including Circle, Coinbase, bitFlyer, Kraken, and Huobi will convene in Osaka, Japan, later this month to interact with policymakers and central bank executives of the countries of the G20 forum. This, according to a report by Financial News published on June 17, 2019. Facing the...
