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.
Malta-based cryptocurrency exchange Binance announced that they have partnered with blockchain security firm CipherTrace to bolster their anti-money laundering (AML) measures. This according to a Binance blog post on April 11, 2019. Recent Developments Call for Extra Security Measures The use of cryptocurrencies to orchestrate money laundering schemes has been a...
According to a Bloomberg report published April 11, 2019, Initial Exchange Offerings (IEOs) have emerged as the preferred way of raising funds for the majority of new startups in the blockchain and crypto space. IEOs Trump ICOs Keen followers of the crypto industry would remember the Initial Coin Offerings (ICOs)...
On April 10, 2019, the New York Department of Financial Services (NYDFS) rejected Bittrex cryptocurrency exchange’s application seeking the coveted BitLicense. The BitLicense would have allowed the exchange to operate in one of the world’s most significant financial hotspots. Application Rejected The NYFDS on April 10, 2019, denied a BitLicense...
San Francisco-based venture capital firm Accomplice announced on April 9, 2019, that it would lead the O(1) Labs Series A fundraiser. Notably, O(1) Labs is the firm behind the highly-acclaimed blockchain protocol called Coda. Accomplice to Lead O(1) Labs Series A Fundraise The general sentiment among investors, both retail and...
According to the Coinbase blog published April 9, 2019, U.S. cryptocurrency exchange Coinbase is set to bolster its security measures with the implementation of multiple layers of protection against credential stuffing attacks. The Need of the Hour Exchange hacks have long plagued the burgeoning crypto industry, and the problem has...
On April 4, 2019, cryptocurrency exchange Binance announced that its decentralized exchange (DEX) is set to go live this month. The Malta-based exchange also stated that its Singapore offshoot is poised to become operational in April 2019. Binance DEX on the Cusp of Launch Binance, the world’s third-largest crypto exchange...
Barclays, Royal Bank of Scotland (RBS), and Clifford Chance LLP are three of the 40 companies that have formed a consortium to trial blockchain technology in the real estate industry for greater efficiency, speed, and transparency, reports Bloomberg, April 4, 2019. Disrupting the Real Estate Industry from Ground Up Blockchain,...
Unemployed people derive considerable psychological benefits from receiving a minimum fixed amount of financial aid from the state, reports Bloomberg on April 4, 2019. Finland Pilots a Basic Income Experiment Minimum income for the unemployed has become one of the most talked about issues of the 21st century. In 2015,...
According to a press release published April 4, 2019, Missouri-based tech start-up, CryptoTrader.Tax has successfully integrated with commercially successful tax software Intuit TurboTax. File Crypto Taxes in Minutes Many would agree that doing taxes is a tedious and complicated process. This process becomes all the more complex once cryptocurrencies are...
On April 4, 2019, Belgium’s financial watchdog, the Financial Services and Markets Authority (FSMA), announced that it had updated a blacklist of cryptocurrency-related websites associated with crimes such as fraud. Belgium’s FSMA Tightens the Strings Belgium, like many of the other European nations, has been somewhat skeptical towards cryptocurrencies. However,...
