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Tag Archives: cryptocurrency

World’s Largest Crypto Exchange Eyes $1 Billion Profit Amid Rout Blog,CryptoMarkets

World’s Largest Crypto Exchange Eyes $1 Billion Profit Amid Rout Cindy Wang – Bloomberg This year’s cryptocurrency crash has saddled bulls with billions of dollars in losses, but the world’s largest virtual currency exchange is still making money hand over fist. /jlne.ws/2KyHoqW Crypto Thefts Triple, Driving Growth in Coin Money-Laundering Olga Kharif – Bloomberg ‘Whole new generation of cyber criminals’ is emerging; Regulators are likely to crack down, CipherTrace CEO says Criminals are stealing more cryptocurrency from exchanges, and that’s driving growth in a cottage industry of services that allows for money laundering of coins, according to a new report….

Cryptocurrency Virtually Outlawed in India as Top Court Backs Ban Blog,CryptoMarkets

crypto markets update 2

Cryptocurrency Virtually Outlawed in India as Top Court Backs Ban Upmanyu Trivedi and Rahul Satija – Bloomberg Supreme Court says central bank directive to remain in effect; RBI had ordered banks to stop dealings with crypto firms India’s top court refused to overturn a central bank ban on lenders from dealing in cryptocurrencies, a move that effectively outlaws the nascent industry in Asia’s third-largest economy. /jlne.ws/2KPUgoO Crypto Thefts Triple, Driving Growth in Coin Money-Laundering Olga Kharif – Bloomberg ‘Whole new generation of cyber criminals’ is emerging; Regulators are likely to crack down, CipherTrace CEO says Criminals are stealing more cryptocurrency…

Illegal Crypto Stock Sales Lead SEC to Settle With Nevada Men Blog,CryptoMarkets

SEC

Illegal Crypto Stock Sales Lead SEC to Settle With Nevada Men Chris Dolmetsch – Bloomberg Two Nevada men agreed to settle a lawsuit by securities regulators that accused them of profiting from illegal sales of a Hong Kong company that surged more than 900 percent last year. /jlne.ws/2Nlk9OX Survey Shows 40% of Canadians Have Sold Their Cryptocurrency NewsBTC A recent study investigating the investments habits of Canadians found that 40% of Ontario’s resident investors have sold their cryptocurrency holdings. /jlne.ws/2KCtbst Brokers Could Bring Billions to the Crypto Markets Viraj Shah – [blokt] – Blockchain, Bitcoin & Cryptocurrency News The democratic,…

Monster ICO has bedbugs, CorpFin says in first public letter Blog,CryptoMarkets

crypto markets update 2

Monster ICO has bedbugs, CorpFin says in first public letter Anne Sherry – Wolters Kluwer As it promised it would do earlier in the month, the SEC has published the first “bedbug” letter on EDGAR. The letter from staff of the Division of Corporation Finance concerns a proposed token offering by Monster Products, Inc. Rather than engage with the registrant through the comment letter process, the staff explained that Monster’s Form S-1 contains such serious deficiencies that CorpFin will not perform a detailed examination of the filing. /goo.gl/EixXq9 Blockchain provider to launch crypto exchange this month; Trade.io readies for launch…

Crypto startup to acquire US broker-dealer Blog,CryptoMarkets

crypto markets update 2

Crypto startup to acquire US broker-dealer; Crypto platform Uphold will buy broker-dealer JNK Securities and will apply to operate an alternative trading system (ATS) in the US. Hayley McDowell – The Trade Cryptocurrency trading platform Uphold has confirmed plans to buy broker-dealer JNK Securities in a bid to enter more regulated markets and reach institutional investors /jlne.ws/2KgwDta Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags Matthew Leising, Mira Rojanasakul, Demetrios Pogkas and Brandon Kochkodin – Bloomberg In the traditional world of securities exchanges, it would be akin to defying gravity. But at Kraken, one of the most…

Traders Are Still Haunted by the VIX Five Months Later John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff A big thank you to the JLN staff for all the hard work to get CryptoMarketsWiki.com launched on Wednesday. Matt Raebel and Thom Thompson led the page development, with the graceful editorial help of JLN Managing Editor Sarah Rudolph. Jeff Bergstrom led the effort to build the new wiki from a technical standpoint and put in long hours to make it work. Chuck Mackey was indefatigable in searching for sponsors. Thank you to Jim Falvey for his help with legal questions surrounding the project and Tom Cashman for his help navigating legal and…

FinTank WealthTech Chicago Event Blockchain,Blog,Commentary,Feature,Fintech

FinTank, the Chicago-based fintech incubator, extended its recent run of successful financial conferences, this time teaming with Morningstar to take a look at the changing landscape of wealth management at WealthTech 2018. Topics covered included robo-advising and AI, but the meat of the material focused on the area of cryptocurrencies, with separate panels on crypto exchanges and ICOs. As is so often the case with panel discussions on these types of topics, there were tempting tidbits of information and some interesting observations but a lack of clarity and cohesion in the final analysis. You simply can’t do a complex and…

New crypto platform with ex London Stock Exchange strategy chief on board aims for institutional investors Blog,CryptoMarkets

New crypto platform with ex London Stock Exchange strategy chief on board aims for institutional investors Jasper Jolly – City AM A new trading platform for cryptocurrencies targeted at institutional investors will launch today in London with a former top executive at the London Stock Exchange (LSE) on its board. /jlne.ws/2MtvXxi The People Leading the Blockchain Revolution Nathaniel Popper – WSJ The blockchain is a technology that is supposed to be all about distributing power and information away from central authorities. But many individuals have been crucial in pushing the technology forward. Here is a look at some of the…

Jeffrey Tessler elected as Eurex Frankfurt and Eurex Clearing Chairman John Lothian Newsletter,Newsletter

First Read Rumi Morales Announces Joining Outlier Ventures at “Launch, Lunch & Learn” Sarah Rudolph – JLN Rumi Morales, the former head of CME Ventures, is now a partner at the London-based blockchain investment company Outlier Ventures. She and Jamie Burke, the CEO of Outlier, announced the news and spoke about the company’s plans Wednesday to a packed room at the Connectory in Chicago’s Merchandise Mart. Morales will head up Outlier Ventures’ Chicago branch, which the company expects to be a launch pad for expansion into the rest of the U.S. She and Burke said they are looking 3-5 years…