The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. The agency claims that it seized phones, computer equipment and cash, with the inclusion of U.S. dollars and...
Digital currency trading platform FalconX has notched $17 million in an Accel-led funding round, CoinDesk reported. The funding will reportedly help with a larger trade execution suite and new products in addition to transformations to the trading infrastructure designed to assist the firm in growth....
Ten31, a FinTech arm of Germany-based WEG Bank, has partnered with Singaporean technology incubator Anquan Capital, with an eye towards working with blockchain for banking and financial purposes. No stated intent was finalized at press time, though Ten31 chief executive Matthias von Hauff said, “we...
Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from...
Singapore state investor Temasek Holdings is among three new members joining the Facebook-backed digital currency project Libra Association, according to a statement by Libra on Thursday (May 14). Cryptocurrency investor Paradigm and private equity firm Slow Ventures were also named as new members of the...
Ledn Inc. has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, according to an announcement. Customers of Ledn will now have the ability to save and accrue interest in both bitcoin and USDC. Matt Ballensweig, vice president of...
The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. The agency reportedly wrote in an email sent to the platform that is is “engaging outside contractors to assist our Revenue Agents in calculating...
The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Harvesh Seegolam, bank governor, said at a virtual conference, “At the level of the Bank of Mauritius, we’re currently working on a project and very shortly...
U.S. Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal licensing program in the event they offer what could be called payment services, CoinDesk reported. Brooks said at virtual conference,...
