Bitcoin stakeholders worried Twitter scam puts the cryptocurrency in a bad light
After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.
Kik Interactive fined $5m for unlawful tokens sale
Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.
Wyre nabs $5m investment from the Stellar Development Foundation
Blockchain payments company Wyre has been given a $5m investment from the Stellar Development Foundation.
JP Morgan, Mastercard, UBS inject $65m in blockchain firm ConsenSys
Brooklyn-headquartered blockchain technology firm ConsenSys raised $65m from major banks and financial services players including JP Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.
Pennyworth launches financial planning app on iOS, Android to follow
UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
MAS lists the 15 finalists for its Central Bank Digital Currency solution challenge
The Monetary Authority of Singapore (MAS) has named the 15 finalists for its competition to create Central Bank Digital Currency (CBDC) solutions.
Cryptocurrency-based crime reached a new high in 2021
A report by Chainalysis has found illicit addresses received $14bn in deposits during 2021, which was almost twice the amount they collected in 2020.
Manchester City makes OKX its official cryptocurrency exchange partner
Premier League champions Manchester City have linked with OKX, the second largest crypto exchange globally, to make it the club’s official crypto exchange partner.
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