Ethereum 

CoinMarketCap Requests More Information From Exchanges to Make Market More Transparent

Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last month. Now, all exchanges are required to provide mandatory application programming interface (API) data to CMC by June 2019. Those who fail to do so risk getting delisted from the platform. So, can this brand new scheme cleanse the market from untrustworthy data? Fake…

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Blockchain 

we’ll Share Information with Authorities

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil reports on June 18. Per the report, Marcus made his remarks during an interview with Brazilian newspaper Estado de São Paulo, which was published today. During the interview, he said that Libra’s data will be shared with authorities for crime prevention and to ensure compliance with regulation. The article also claims that Facebook does initially not plan to profit off of…

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Bitcoin 

US Federal Bureau of Investigation Calls for QuadrigaCX Users to Provide Information

The United States Federal Bureau of Investigation (FBI) called for former users of the QuadrigaCX cryptocurrency exchange to provide information in an official announcement published on June 3. Earlier this year, QuadrigaCX had filed for creditor protection after the unexpected death of its founder left more than $145 million in funds apparently inaccessible. The FBI announcement asks people who lost funds due to the insolvency of the exchange in question to fill in a questionnaire asking about various details concerning their experience with the company and personal data: “If you…

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Bitcoin 

Goxtrade Advertises Unaffiliated Staff and Misleading Contact Information

Purported bitcoin (BTC) exchange Goxtrade has been accused of being a scam, technology news publication TechCrunch reported on May 17. Chief among the report’s revelations is that Goxtrade takes photos of unaffiliated people from social media sites and compiles them to make its online staff gallery. Goxtrade reportedly even retains some of their real names. Amber Baldet, co-founder of blockchain startup Clovyr, is one person whose name and picture were featured on Goxtrade’s staff roster. She responded to the appearance on Twitter: “Fraud alert: I am not a developer at…

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Blockchain 

US Marshals Service Issues Information Request on Management of Forfeited Crypto Assets

United States federal law enforcement agency, the U.S. Marshals Service (USMS), is looking to set up an agent for managing confiscated cryptocurrency, according to public documents released on March 5. The USMS has recently published two draft documents including a Request for Information (RFI) for legal procedures of the management and disposal of forfeited crypto assets. As a key component of the department’s Asset Forfeiture Program (AFP) operating within the U.S. Department of Justice (DoJ), the USMS intends to assign an agent or contractor that will manage and dispose of…

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Bitcoin 

FBI Solicits Information From Bitconnect Investors With Voluntary Questionnaire

The United States Federal Bureau of Investigation (FBI) is seeking to contact investors in alleged ponzi scheme Bitconnect (BCC) that collapsed in January last year, a news statement confirmed on Feb. 20. As part of ongoing investigations into the activities of the well-known but shadowy scheme, the Cleveland branch of the U.S. law enforcement agency appealed to ex-investors to give information about their interaction with Bitconnect. A dedicated questionnaire is already available online, Special Agent Vicki D. Anderson explaining that responses would assist investigators in identifying those affected by monetary…

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Blockchain 

Israel’s Central Bank Issues Request for Information on DLT

A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18. The request — the goal of which is, as per the title, the “Regulatory Coordination of Virtual Assets”— states that “the regulators of the Israeli financial system believe that there is room to renew and strengthen cooperation and coordination among all regulators and the public” regarding DLT. Besides the country’s central bank, the team reportedly includes representatives from the country’s Securities Authority,…

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Blockchain 

New Exchange to Offer Customizable Dashboards — Giving Traders the Information They Want

A new exchange says it has the goal of becoming “the most professional, global and secure marketplace for digital assets” — utilizing state-of-the-art technology that it claims can deliver a processing capacity of 1.5 million order matches per second. ProBit says its platform is “fast, robust and reliable” — helping to give its users an upper hand while trading. The company says security is a priority, and this is why it promises to store “95 percent or more of digital assets in a cold wallet” — protecting users against security breaches and…

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Blockchain 

Major South Korean Hospital to Use Blockchain Tech for Medical Information Services

One of the South Korea’s largest hospitals has partnered with a local tech company to develop a medical services platform based on blockchain technology, according to the hospital’s official press release Nov. 12. Myongji Hospital, located in the city of Goyang, South Korea, has signed a Memorandum of Understanding (MoU) with Korean IT company BICube, which markets itself as a machine learning platform. The two parties plan to use blockchain technology to create a healthcare information exchange system. According to the hospital’s release, the aim of the project is to…

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