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Philippine Digital Asset Exchange (PDAX) now open for trading

Today, the Philippine Digital Asset Exchange (PDAX), a BitMEX backed bitcoin and cryptocurrency trading platform that is approved by the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual currency exchange, announced it is now live and open to the public for...

BIS Paper Makes Case for ‘Embedded’ Regulation in Blockchain Markets

Research from the Bank for International Settlements (BIS), often dubbed the “bank for central banks,” has come out in favor of building regulation into blockchain-based financial markets. A working paper authored by Raphael Auer, a BIS economist,...

Big Four Auditing Firm Deloitte Allows Staff to Pay Lunch in Bitcoin

Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet. English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how...

United States Treasury Cracks Down on North Korean Cryptocurrency Hackers

Cryptocurrency hackers have stolen an estimated $571 million in cryptocurrencies was stolen from multiple exchanges from the period of January 2017 to September 2018. The thieves are said to belong to three groups, the Lazarus Group, Andariel, and Bluenoroff, said...

PayPal is Cautiously Optimistic About Partnership with Libra Association

Payment platform PayPal is cautiously optimistic about its relationship with Facebook’s digital currency libra, despite being the highest-profile company to join the Libra Association. PayPal Backs Libra Association In June, shortly after the official unveiling of...

Ethereum Co-Founder Vitalik Buterin Suggests It’s Irresponsible to Invest in DeFi

During the ongoing Ethereal Summit in Tel Aviv, Ethereum creator Vitalik Buterin shared his criticism of Decentralized Finance (DeFi), the ecosystem of platforms that facilitate the delivery of traditional financial services with the help of Blockchain. According to...

BINANCE SUCCESSFULLY DEBUTS BITCOIN FUTURES 1 WEEK BEFORE BAKKT

Cryptocurrency exchange Binance has formally launched its Bitcoin futures platform following a user-based testing phase. USER-TESTED BITCOIN FUTURES HIT MARKET Confirmed on social media, Binance is now live with Bitcoin futures, offering a 50% discount on trading...

LocalBitcoins Claims Tor Browser Leaves Users Vulnerable to Crypto Theft

Peer-to-peer bitcoin exchange LocalBitcoins has called into question the efficacy of traders using its services relying on the Tor browser to ensure anonymity. The Tor Network, long-considered the bane of those wishing to track nefarious activity on the dark web, was...

EU Needs Own Digital ‘EuroCoin’ to Compete With Libra, Says France

French Finance Minister Bruno Le Maire has said that Europe should consider its own “public digital currency” that could challenge Facebook’s Libra. The Minister’s remarks the latest in a series of vocal misgivings about the social media giant’s cryptocurrency...

US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo

A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the United States. A press release shared with Cointelegraph on Sept. 11 revealed that Berkely City Councilmember Ben Bartlett used Bitcoin Cash (BCH) and the...

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