Cryptocurrency and Blockchain News Headlines Update on August 28, 2020

Crypto International reportedly dismissing 70 employees after Crypto AG stands accused of allowing the United States Central Intelligence Agency and German secret service backdoor access to compromised encryption devices in February. Read more at swissinfo.ch > Crypto International confirms mass job losses SBI Holdings Preparing to launch contract-for-difference (CFD) trading service via SBI FX Trade …

Cryptocurrency and Blockchain News Headlines Update on August 27, 2020

Bitcoin spiked to $11,600 as the United States Federal Reserve committed maintaining the inflation rate at 2% on average. After the speech, BTC/USD was lower at around $11,390, up 0.7% on the day amid heightened volatility. Galaxus completes electronic commerce payment transactions with Digital Swiss Franc (DCHF) issued by Sygnum Bank, transactions was enabled by …

Cryptocurrency and Blockchain News Headlines Update on August 25, 2020

China’s Communist Party has identified blockchain technology as key tool for nationwide decentralizing social services. According to the policy paper issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council on August 25, Beijing’s strategic vision to provide regional departments with guidance …

Cryptocurrency and Blockchain News Headlines Update on August 24, 2020

Empire Market, a major dark web marketplace has been offline for days and no one knows why. Rumors on Reddit could be preparing for an exit scam. We are ~36 hours into Empire Market being completely offline. Last year extended periods of downtime were common before the Endgame DDoS filter was released. After months of …

Cryptocurrency and Blockchain News Headlines Update on August 22, 2020

U.S. bank regulator sees potential in fintech solutions to legacy banking issues. A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services. United States Acting Comptroller of the Currency also formerly Chief Legal Officer at Coinbase, Brian Brooks, expressed his willingness to embrace fintech solutions in an interview with …