G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31.The report noted that one potential risk assessment metric regulators could look at is banks’ and other… $18 B Data Firm Using xDai Chain Sidechain for Payments at Conference Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019.Payments at the conferencePer a report shared with Cointelegraph on Oct.24, conference participants have the opportunity to use a dedicated, modified version of xDai’s Burnerwallet dubbed PonyPurse.Splunk’s Head of Blockchain and DLT Nate… Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation Blockchain development company Blockstream has released a new version of its Bitcoin (BTC) scalability software, c-lightning, a post on the company’s blog reveals on March 1.C-lightning is an implementation of the off-chain Bitcoin scalability solution, the Lightning Network (LN), that is written in the C programming language.Per the announcement, this latest version, c-lightning 0.7,… Bloomberg: Bitcoin Is Setting Up For 2017-Like Bull Run A recent Bloomberg report concluded that Bitcoin may be priming for a massive bull run.3268 Total views 150 Total shares A recent Bloomberg report states that Bitcoin (BTC) is preparing for a massive bull run.Even the report’s name is bullish — “Bitcoin Maturation Leap”.The report mentions a number of reasons that the Bitcoin… Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines U.S.District Judge Valerie Caproni has scheduled an April 16 hearing for the representation of the plaintiffs’ in a class action suit against the $4 billion crypto Ponzi scheme, OneCoin, to justify why the case should continue.The date was set on April 10 after the plaintiffs missed multiple deadlines to file consecutive monthly status reports.Lead… Crypto News From the German-Speaking World: Sept.22–28 in Review The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Industries asking the government to create suitable conditions for blockchain.Here is the past week of… Calibra Rebrands as Novi to Avoid Confusion With Libra Facebook continues sprucing up for regulators.
489 Total views 20 Total shares Facebook-owned digital wallet Calibra rebranded itself as Novi earlier today, sharing new details about the project.The primary reason for the name change was to avoid the confusion with the Libra cryptocurrency, a representative for Novi told Cointelegraph.“When we announced Libra and Calibra last… Crypto Venture Capital Exec Compares Bitcoin to Post Dot-Com Bubble Amazon Lou Kerner, a partner at venture capital firm CryptoOracle, compared the current slump in crypto prices to the dot-com burst in the early 2000s in an interview with CNBC Nov.21.On CNBC’s “Worldwide Exchange” show, Kern stated that strong coins should be viewed like the big companies that came out of the dot-com bubble, using… Binance Helps UK Police to Stop $51 Million Phishing Fraud Binance claims to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims.Criminal is now jailedOn Sept.
26, Binance’s chief compliance officer Samuel Lim published a blog post saying that the exchange was working with the Cyber Crime Unit of the United Kingdom’s Metropolitan Police… .
