Kate Winslet takes action against ‘Bitcoin scammers’ for using her image and fake quotes for promotion

Kate Winslet, the famous Hollywood actress is taking legal action against online crypto scammers who used her image and fake quotes to promote their Ponzi coin Bitcoin Code, reported Mirror. According to reports, the scammers posted several fake quotes of the actress from a fabricated interview with BBC. In the fabricated interview, the actress claimed […]
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Source: AMB Crypto

Monero, Zcash and DASH to be shown the door by OKEx Korea over FATF violation

Privacy coins are facing the axe by one of South Korea’s largest cryptocurrency exchanges. OKEx Korea, the Korean unit of the Malta-based exchange is set to delist five privacy coins from its coffers pointing to violation of the Finance Action Task Force’s [FATF] travel rule, according to a report by Bridge Kyungjae, a Korean news […]
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Bitcoin feeling the squeeze; move out of the pennant will signal a breakout

The king coin, days after double-dipping its 100-day moving average, is chocked under the margin of $10,500. Following the massive drop from $10,800 on 6 September, Bitcoin has been rebounding from resistance after resistance and now looks to move outward. Amid fluctuating movement, top cryptocurrency exchanges are seeing varied movement in their BTC Futures platforms. […]
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Source: AMB Crypto

Binance Bitcoin Futures targeted for the second time by market maker; CZ clarifies it as “accident”

Binance, the top-dog of cryptocurrency exchanges was in the cross-hairs of a recent trading attack. During the early hours of September 16, the Malta-based exchange was targeted by a “known,” market maker, who tried to contort Bitcoin Futures trade to make a quick buck. According to estimates, the “attack” occurred close to midnight on 15 […]
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Coinbase leads Bitcoin-USD trading volumes; Binance dominates BTC-USDT trading charts

The importance of exchanges is significant in the industry. Without the presence of these crypto-institutions, the distribution of assets would not be possible. However, the high concentration of any digital currency on a single exchange calls for potential risk which could surface in an event of a hack or cyber-theft. A recent report released by […]
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All cryptocurrencies should have AML and Terrorist Financing Measures built-in from the get-go, clarifies U.S. Treasury

Although Facebook’s Libra initiative hit a hard stop just before the launch, discussions around restarting the project is one of the hottest topics within the U.S. jurisdiction. As of latest, a senior U.S. Treasury official spoke about how the Libra project must meet the highest standards for combating money laundering and terrorism financing. Sigal Mandelker, […]
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Source: AMB Crypto

Facebook’s Libra could become ‘systematically important very quickly,’ claims Fed Chair Jerome Powell

2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities. In fact, the President of the United States also called out Bitcoin and Facebook’s Libra at one point of time, […]
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Source: AMB Crypto

Digitex Futures Is Ready To Unleash

Disclaimer: This a paid post, and should not be treated as news/advice. It’s all happening in the crypto-derivatives market right now. Hot on the heels of the news that Bakkt will launch its institutional futures platform in September, Digitex Futures has now confirmed that it will launch its zero-fee retail futures offering on the public […]
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Source: AMB Crypto

India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC

The Supreme Court of India today resumed the ‘Internet and Mobile Association of India vs RBI’ case hearing. Continuing from its last hearing on the 14th of August, IAMAI Counsel, Ashim Sood, today argued that the action of the Reserve Bank of India was against the “doctrine of proportionality,” besides being based on no study […]
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Bitcoin Futures: BitMEX investigation opens door for other exchanges to offer derivatives trading

Bitcoin and Futures: development for some, speculation for others. There are few things in this world that pose a greater degree of risk than investing in the cryptocurrency industry, throw a controversial investment product like derivatives into the mix, and you have a raging ball of fire, just sitting in your portfolio. Derivatives had a […]
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Source: AMB Crypto

Cardano community celebrates its addition on Binance’s Margin Trading platform

Binance launched its Margin Trading services on July 11 after much speculation; in a win-win situation, it announced the addition of Cardano [ADA] along with Ontology [ONT] to its Margin trading platform on July 26. The trading pairs available for the two cryptos are ADA/USDT, ADA/BTC, ONT/BTC, and ONT/USDT. Binance has already added five other […]
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Foot in Mouth: Steven Mnuchin won’t be talking about Bitcoin in 10 years but everyone else will

One day I’ll be famous and you’ll tell everyone you were once regulating me! Bitcoin has had a wild ride since 2008, at the intellectual behest of Satoshi Nakamoto. From being chided as the ‘currency of the dark web,’ to be talked about, in no uncertain terms, in the halls of Congress; from being lambasted […]
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Source: AMB Crypto

Dash joins hands with BlockchainIntel to promote adoption and provide compliance reporting for exchanges

In an attempt to increase the adoption of its crypto, Dash has partnered with a “transaction monitoring solutions for blockchains” company, BlockchainIntel. BlockchainIntel analyzes cryptocurrency transactions, along with addressing and risk-scoring them based on ‘evidence of possible nefarious activity.’ Dash will aid BlockchainIntel with respect to regulatory compliance for exchanges and other businesses, in order […]
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Source: AMB Crypto

ILCoin Launches the World’s First Entirely On-Chain Decentralized Storage Platform Next Year

The advent of blockchain technology has brought with it the promise of a technological revolution. According to proponents, entire industries could be impacted, or disrupted altogether, by blockchain technology. While there is merit to this claim, many blockchain-based services in the world today handle a lot of data off-chain to bypass technical limitations. Thanks to […]
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Source: AMB Crypto

Men over Boys: Justin Sun taps seasoned professional Jeremy Allaire for Buffett lunch

Justin Sun has graduated. Amidst the Libra-hangover that the entire industry is still dealing with, an important event has slipped away from the limelight. The much-talked about lunch between the digital asset industry’s master marketeer, Tron’s Justin Sun, and Berkshire Hathaway’s Warren Buffett is on the horizon, and the guest list has another name. Scheduled […]
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Source: AMB Crypto