Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters. Author: Yogita Khatri
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General. Author: Nikhilesh De
SEC Negotiations Have Cost Kik $5 Million, Says CEO
Kik’s CEO says the company has spent more than $5 million talking to the SEC about whether its kin ICO was an unregistered securities sale. Author: Nikhilesh De
Ripio Is Launching a Crypto Exchange for 3 Latin American Nations
Ripio, a startup working to boost crypto adoption in Argentina, is widening its scope with a new exchange serving Argentina, Mexico and Brazil. Author: Anna Baydakova
Just 376 Individuals Hold 33% of All Ether Cryptocurrency: Chainalysis
A third of all ether is owned by just 376 whales, blockchain analysis firm Chainalysis says. Yet that number is down from some previous years. Author: Yogita Khatri
