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Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals
Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades
FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus
PayPal, Square and Intuit have received the government’s approval to take part in the US Small Business Administration’s (SBA) Paycheck Protection Program which was established in response to the COVID-19 pandemic triggered global financial crisis.
Stablecoin and Its Potential Business Uses
Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users
PayPal CEO discussed the integration of cryptocurrency into its business and potential business partnerships with central banks.
Crypto Assets Conference 2020: The Conference on "Blockchain & Finance”
On 9/10 March 2020, the Frankfurt School Blockchain Center, together with financial.com, is organizing the Crypto Asset Conference (www.crypto-assets-conference.de) on the campus of the Frankfurt School of Finance & Management for the third time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. The conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). CAC20 makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
Fidelity Launches Cryptocurrency Custody Business
In a rare interview with Fidelity Investments CEO Abigaile Johnson, the Financial Times revealed that the Boston-based asset management giant is “now engaged in a full rollout” of its cryptocurrency custody and trading service.