Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

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A French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could…

Gemini Announces Litecoin Availability With NY State Approval

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Gemini VP of Engineering Erin Winer announced today via the company blog that Gemini will now support Litecoin (LTC). Trading Starts Next Week, Deposits Available Now On Oct. 13 at 9:30 a.m. EST, users of the Gemini exchange will be able to deposit LTC into their accounts, and trading will begin the following Tuesday, October…

Not Everyone Wants to Fix Bitcoin's 'Time Warp Attack' – Here's Why

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A bit of a debate has revved up about bitcoin’s “time warp attack” and whether it’s an exploit or an unintended advantage.

Micropayments: Bringing Cryptocurrencies Into Everyday Life

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The following post about micropayments was written by Dmytro Spilka. He is the CEO at Solvid and founder of Pridicto, a web analytics startup that uses AI and Machine Learning to forecast web traffic, monitor vital metrics, and set visual traffic aims. Cryptocurrencies may have assumed the role of the quintessential water cooler topic over recent…

Blockstream Launches Liquid Network, Exchanges Can Now Transfer Bitcoin in Under 2 Minutes

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With blockchain advancement once resting on the shoulders of beleaguered, boot-strapping developers, some would fire up the afterburners in a push to deliver tomorrow’s markets, today. Blockstream, one of the industry’s most heavily sponsored development powerhouses, unveiled a Lightning Network-style solution permitting the largest stakeholders in the game to transfer wholesale quantities of Bitcoin in…

Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

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Germany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent…

Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find

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The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests…

Crypto Billion Dollar Fund Records 22% Loss in August, State of Market

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According to a letter to its clients from Pantera Capital – the first billion-dollar crypto fund, the holdings of the fund have recorded a loss of 22 percent in August and a 72.7 percent loss year-to-date (YTD). The letter of Pantera Capital, publicly released by cryptocurrency researcher Collin Crypto, demonstrated that since December 2018, the inception of…

Sidechains Are Bringing ICOs to Bitcoin And That Might Change Crypto Funding

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By the end of the year, an initial coin offering will be launched on bitcoin. thanks to sidechains tech.