Three and counting: Ripple, the cryptocurrency startup behind the XRP tokens, has reportedly been hit with a third lawsuit alleging securities fraud. “A private XRP investor alleges that Ripple Labs Inc. and its CEO Bradley Garlinghouse have conflated their token with its proprietary Ripple technology and even illegally profited from price increases the whole time,” a summary of […]

By   Scott Brown Over the next five years (2018-2023), the digital signage market is expected to grow at a CAGR of 7.51%. Providers of hardware and solution providers are becoming more adept in giving advertisers and businesses the quality and performance they seek from DOOH. Innovations such as VODXS ad systems in washrooms are enabling […]

The US Internal Revenue Service (IRS) has launched an international taskforce together with tax enforcement authorities from four other countries to take on cryptocurrency-enabled crimes, according to a press release published Monday, July 2. The new coalition, dubbed ‘The Joint Chiefs of Global Tax Enforcement,’ or ‘J5,’ comprises tax enforcement agencies from five countries in total –– Australia, Canada, […]

Coinbase’s institutional product has begun accepting deposits, the exchange announced Monday. The exchange’s new Coinbase Custody sevice, aimed at institutional hedge funds and other clients who can deposit a minimum of $10 million, accepted its first deposit last week, the company announced on Twitter. In addition, the new service is now live for all customers. Further, […]

A new cybersecurity report from Kaspersky Labs notes a significant decline in the amount of ransomware targeting Internet users as compared to the growing increase of cryptojacking, in a report published June 27. The Kaspersky Labs report seeks to answer the question: “But if ransomware no longer wears the threat crown, what is the new king?” According to Kaspersky […]

By Laura Desmond Chinese cryptocurrency exchange Huobi confirmed the opening of its London office June 28, with over-the-counter (OTC) trading tests set to begin in Q3 this year. In a press release shared with Cointelegraph, Huobi, which claims to have a global user base of “more that five million,” continued its recent narrative that expansion into Europe was a priority, with […]

The U.S. Federal Bureau of Investigation (FBI) is currently running 130 different cryptocurrency-related investigations, Bloomberg reported Wednesday. FBI Supervisory Special Agent Kyle Armstrong told the Crypto Evolved conference in New York that the agency is investigating a variety of crimes, including human trafficking, drug transactions, kidnapping and ransomware, which have a cryptocurrency component, according to Bloomberg. […]

  By Laura Desmond CEO of cryptocurrency exchange Coinbase Brian Armstrong has announced the launch of a charitable initiative to “financially empower people by distributing cryptocurrency globally,” according to a blog post published June 27. The non-profit initiative GiveCrypto.org intends to raise funds from crypto owners and distribute small amounts to people who live in emerging markets, more specifically to those going through […]

A Singapore-based IT security company offers a potential blockchain-based solution to help protect individual crypto users and block the use of stolen cryptocurrencies on crypto wallets and exchanges. Sentinel Protocol allows security experts and organizations to collect, share and analyse comprehensive threat intelligence data on its blockchain platform. The information about hacks, scams, and fraud is […]

  The Investment Industry Regulatory Organization of Canada (IIROC) has formed a working group to recommend a potential regulatory response to blockchain applications within the capital markets ecosystem. The news comes from a June 25 notice summarizing IIROC’s aims for the 2019 fiscal year. Canada’s IIROC is a non-profit self-regulatory body that aims to serve the public interest by proposing measures […]