Monday, August 20, 2018

Businessman loses $2.3m in Bitcoin-fiat P2P scam

An offline peer-to-peer exchange of bitcoin to fiat turned sour for a South Korean businessman after it emerged that the euros he had swapped for his crypto Read more: www.ccn.com

Chinese police seizes cyber criminals charged of crypto theft

Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The estimated damage made up $87 million USD. Read more: www.coinspeaker.com

Crypto trading platform SFOX raises $22.7m in its Series A

Cryptocurrency trading platform SFOX has netted $22.7m in its Series A funding, which was led by Tribe Capital and Social Capital. Read more: fintech.global

Intercontinental Exchange reveals new crypto trading platform

Intercontinental Exchange, a global exchange operator, has revealed plans to launch a new digital asset exchange platform, Bakkt. Read more: fintech.global

Uncanny correlation: Overstock’s stock and the Bitcoin price

A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years. Read more: www.coindesk.com

California judge orders accused hacker to pay bail in crypto

A man has been ordered to pay bail in cryptocurrency while he faces charges of hacking the computer network of a San Francisco game company. Read more: www.coindesk.com

LINE Corp launches new $10m digital token fund

Japan-based Line Corporation has launched a new investment division which will focus on backing blockchain startups. Read more: fintech.global

Copper.co offers custody solution

Copper.co is now offering a custody solution for institutions investing in digital assets. The crypto portfolio management platform says it is offering Read more: www.crowdfundinsider.com

Crypto markets maintain momentum despite retracement

The cryptocurrency markets continued their positive momentum on Wednesday evening as most of the coins held on to the gains achieved over the past 24 hours. Read more: www.ccn.com

Malta issues virtual assets rulebook

The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets (VFA) Rulebook specifically pertaining to the regulation of Read more: www.ccn.com