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Paxful to Use Chainalysis Crypto Surveillance Tool

New York-based peer-to-peer exchange Paxful, recently collaborated with blockchain analysis firm Chainalysis, to use Chainalysis’ Know-Your-Transaction (KYT) compliance tool to monitor cryptocurrency exchanges on the p2p platform. While the analytics firm has mainly teamed up with crypto exchange p..

Ex CEO of Mt. Gox Bitcoin Exchange Accuses Plaintiff of Changing Fraud Claims

Mark Karpelès, ex-CEO of defunct bitcoin exchange Mt Gox., recently accused the plaintiff George Greene of changing facts underlying his claim in the middle of the ongoing case, which is forbidden by the court. Also, Karpeles is calling on the court to dismiss the remaining class-action lawsuit brou..

New U.S. Crypto Exchange CoinZoom Hopes to Win Users with Visa Crypto Card

A new player has entered the U.S. cryptocurrency exchange arena, and it’s hoping to set itself apart from the pack thanks to some user-friendly features up its sleeve. On Wednesday, March 18th, CoinZoom announced it was opening its doors to users, both institutional and consumers, and was focused o..

Economists Say Global Recession Is Here: Short-Lived or Crypto Winter?

After last week’s “Black Thursday” and the second “Black Monday” in eight days, Wall Street rebounded some on Tuesday, March 17th, as the top U.S. stock indexes climbed upon the Trump administration carving out new domestic plans to combat the COVID-19 coronavirus pandemic. The acute risk-on swing ..

As Govt. Defends U.S. Economy: Coinbase Exec Departs to Steer Banking System

As the U.S. Treasury — which manages the revenues and minting duties of the American government — has kicked off emergency efforts to save a pandemic-stricken economy, cryptoeconomy brows were raised this week upon a notable new hire in the department’s influential banking bureau. That bureau, the ..

Surveying the Big Milestones Hit in a Choppy Crypto Market Last Week

The cryptoeconomy was shellacked in the second week of March 2020, as the top U.S. stock indexes sunk into bear market territory amid the coronavirus pandemic and an oil price war breaking out between Russia and Saudi Arabia. The ensuing end of an 11-year Wall Street bull market caused de-risking s..

Surveying the Big Milestones Achieved in a Choppy Crypto Market Last Week

The cryptoeconomy was shellacked in the second week of March 2020, as the top U.S. stock indexes sunk past bear-market territories amid the coronavirus pandemic and an oil price war breaking out between Russia and Saudi Arabia. The de-risking sell-off in risk-on stocks hit the risk-on cryptoeconomy..

Ethereum Event Atendee Tests Positive for Coronavirus as Outbreak Spreads

Over the past week, the coronavirus-caused illness COVID-19, while losing steam in China, has rapidly broken out in Europe, the U.S., Iran, and a few other nations across the globe. In fact, per John Hopkins University of Medicine’s Coronavirus Resource Center, there are now around 2,000 diagnosed ..

KPMG: Robust Crypto Custody Tools Needed to Ensure Industry Growth

‘Big 4’ accounting firm KPMG says the lack of robust crypto custody is constituting a significant roadblock to more broad-based institutional adoption of cryptocurrencies. As such, KPMG reports that custodial services may profit greatly if they provide adequate tools to safeguard the virtual curren..

Bank of England’s Future Leader Trashes Bitcoin In U.K. Parliament

Last week, the crypto industry was once again hit when it was revealed that Warren Buffett — co-CEO of Berkshire Hathaway and one of the world’s richest people — had bashed Bitcoin for the umpteenth time in a few years. Per previous reports from Blockonomi, the investing legend confirmed that he wi..

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