Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express

The White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek. 6947 Total views 4 Total shares US President Donald Trump has placed cryptocurrency at the center of his economic strategy, marking a major policy shift for the US blockchain industry, according to Crypto.com CEO Kris

The U.S. Securities and Exchange Commission (SEC) took a major step toward streamlining digital asset securities settlement by compressing the previous four-step process into three in a bid to reduce operational risk for broker-dealers.The SEC issued a no-action letter on Sept. 25, stating it will not penalize any broker-dealer operating an alternative trading system (ATS)…

Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. 1010 Total views 3 Total shares Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption.The company announced Tuesday that it…

Major cryptocurrency payment service provider BitPay has confirmed that its service had a temporary outage of Bitcoin (BTC) payments on Dec. 22.Bitcoin payments were briefly unavailable for almost 3.5 hours on BitPay as the company was working to fix transaction issues, BitPay Support tweeted Dec. 22. According to the information, the service was restored by…

Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China.In an inaugural rankings report by Hurun, which is best known for compiling a rich list for China, Ant Financial is the top firm in its field and fifth largest in a ranking…

Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals.In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with existing portfolio members.Crypto market offers “tremendous alpha”“The crypto…

In a week when the crypto industry – and the rest of the world – was beset by bad news about banking, one more banking setback has come to light. 165 Total views 2 Total shares Own this piece of history Collect this article as an NFTInstitutional cryptocurrency custodian Protego’s conditional national trust banking charter…