US prosecutors oppose Mango Market exploiter's motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money.
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Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins
United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24.Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with a dedicated Visa card, with a new total of nine digital token…

Crypto market volatility shows need for ‘enhanced regulatory and law enforcement frameworks’ — BoE
The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future. 54 Total views 2 Total shares The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the…

Circle Introduces Market Surveillance to Fight Insider Trading, ‘Pump and Dump’ Schemes
Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27.Nice Actimize, which forms a branch of Israeli enterprise software giant Nice Ltd., offers professional client tools in the areas of financial crime, risk and compliance.Circle will use Actimize’s Cloud Markets…

Movement Network to buy back tokens with $38M recovered from rogue market maker
Binance froze the market maker’s proceeds after detecting that it sold 66 million MOVE tokens and provided “little” in buy orders. The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months. On March 24, the Movement Network Foundation

Updated: Ripple-Backed Omni Rentals to Shut Down by Late 2019
Updated 20:00 UTC, Nov. 26: This article has been updated to include comments from Omni Rentals that Cointelegraph received after initial publication.Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. As Omni is expecting to close its platform by the end of 2019,…

Singapore Airlines Launches Blockchain-Based Loyalty Wallet, Co-Developed by Microsoft
Singapore Airlines (SIA) has launched its own airline loyalty digital wallet that uses blockchain technology, it announced July 24. The software has been co-developed by Microsoft and KPMG Digital Village, according to the press release. The new wallet -- dubbed ‘KrisPay’ after SIA’s ‘KrisFlyer’ loyalty programme -- converts frequent flyer miles into digitized ‘KrisPay miles’…

Raydium exploiter moves $2.7M to crypto mixer Tornado Cash
The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit. 167 Total views 11 Total shares Own this piece of history Collect this article as an NFTIn an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount…

Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” 573 Total views 1 Total shares While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that…