The new edict is titled the Fifth Anti-Money Laundering Directive. Its proposals included stricter border controls, tighter laws on firearms and more inclusive information sharing policy amongst state bodies. Additionally, the legislation aimed to introduce stricter controls for tax-related activities because of evident causation between funding and terrorism and other crimes. The council explained the…
Whelp, that just happened. Day 23 of the Crypto World Cup has Charlie Lee facing off against Justin Sun and, boy, is it a doozy! In a nail-biting turn of events, Charlie Lee manages to just scrape by a win, as Justin Sun plays a messy game. The Crypto World Cup is almost over now. All…
A Malta-based company Stasis has launched a new stablecoin called EURS. EURS is backed by the Euro and should trade on a one-for-one basis. The coin has been built on the Ethereum EIP-20 standard platform and has already begun trading on London-based exchange DSX already. DSX predict the order volume to reach $500 million USD by…
Sirin Labs blockchain smartphone: Sirin Labs, the same company that brought Leonardo DiCaprio and Tom Hardy to the London-premier of its ‘world’s most secured phone’ just two years ago, is releasing a more affordable Android phone this November. The company’s latest blockchain-based smartphone endeavor has an even bigger endorsement this time around, the world’s most…
Bancor hack: On Monday, the cryptocurrency world saw another hack. Crypto exchange Bancor — an Israel-Switzerland company — had $23.5 million worth of three different cryptocurrencies stolen. Its services include a wallet with a built-in exchange service and according to Bancor, no wallets were compromised but “a wallet used to upgrade some smart contracts was.” The breakdown of…
The bear market for Bitcoin (BTC) and all other cryptocurrency has dragged down Coinbase, the US’s most popular cryptocurrency exchange. Prices continue to plunge moving into Q3 of 2018, and the exchange’s download ranking for its Coinbase app has suffered because of this. Dropping Hype The Coinbase app has fallen to the download level it…
Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem. He spoke at the Rise conference yesterday in Hong Kong and revealed that the first layer of the Ethereum ecosystem is now complete and phase two should be finalized sometime this year. Lubin states that…
CryptoKitties HTC partnership: CryptoKitties on HTC devices is perhaps something one would never have thought to have seen, but it’s happening anyway. In an attempt to create new perspectives on data privacy, Taiwanese phone maker HTC has announced a partnership with CryptoKitties, which is a game created by Vancouver-based Axiom Zen. Specifically, a version of…
Before the Internet, financial trading primarily took place over the phone. If you wanted to buy stocks, for example, you had to call up your broker and have them execute a trade on your behalf. In the post-internet age, the buying and selling of financial securities moved online and the application of technology has advanced…
Ethereum (ETH) has had a volatile start to July, dropping 15% over the past three days. The market cap now stands at US$44.37 billion, with exchange-traded volume of US$1.85 billion in the past 24 hours. Unique ETH addresses continue to grow at a rapid rate. While addresses can never be deleted, this metric does indicate…
