Brokers Crypto Markets News Platforms 

Cumberland Launches Crypto Trading Platform for Institutions

“Cryptocurrency trading firm Cumberland announced on Tuesday that it has launched a spot trading platform for its customers” writes David Kimberley for financemagnates.com. Called Marea, the new platform will allow clients to place orders online and interact with members of the Cumberland team.With retail interesting petering out, market makers, brokers and exchanges are turning their attention to the institutional trading world. In some ways, pursuing the latter model could be a positive for the cryptocurrency trading world as lots of poorer investors losing money tends to lead to greater regulatory…

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Crypto News 

In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD

“We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining” reports bitcointoday.club. According to a recent study conducted by cybersecurity company Kaspersky Labs, 13 percent of those surveyed have already used crypto to make purchases.The popularity of cryptocurrency as a payment method has been increasing despite the falling price of digital assets over the past year.n the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital…

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Crypto News 

Startups-Focused Law Firm Now Accepts Bitcoin Cash Payments

“The corporate law firm, which has helped over 300 startups raise more than $500 million in venture capital, now accepts direct cryptocurrency payments via Bitpay” reports bitcointoday.club. We speak our clients’ language and now accept payment in their preferred currency.” What do you think about law firms accepting bitcoin payments?. Cryptocurrency ventures that don’t wish to convert their holdings to fiat can now pay for legal services with bitcoin cash (BCH) or bitcoin core (BTC) with Atrium.Also Read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay Atrium, a legal services…

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Crypto News 

India Targets Cryptocurrency Crime аs Part оf Cyber Security Offensive

“Cryptocurrency crime forms one focus of a dedicated cybercrime lab launched by Indian authorities this week, Indian daily news outlet The Hindu reported on Feb. 19” writes William Suberg for cointelegraph.com. As part of efforts to step up the fight against internet-based adversaries, India’s Union Home Minister Rajnath Singh inaugurated the cyber forensic lab and Cyber Protection Awareness and Detection Centre (CyPAD), which will be operated by police in Delhi.The announcement comes as India continues to make slow progress on separating the actions of criminals from legitimate usage of cryptocurrency.Local…

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Crypto News 

‘Japanese Amazon’ Rakuten Tries Hand on Crypto

“A big Japanese e-commerce company, dubbed the Amazon of Japan, Rakuten, released a statement about their plans on making Bitcoin and other cryptocurrency as form of payment processor” reports livebitcoinnews.com. Actually, it’s not the first time that Rakuten has gotten interested in offering Cryptocurrency as an option for payment.Rakuten Pay, the app platform, is expected to release a new version in the next 4 weeks, attached with a Cryptocurrency payment choice, alongside cash.It also showed optimism for Cryptocurrency capitalists willing to know about the effect of Rakuten’s offering for Bitcoin…

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Crypto Futures Markets News 

Indonesia Launches Regulatory Framework for Crypto Futures Market

“The new regulatory framework announced today is comprised of numerous major rules for operators in the crypto futures space” writes Celeste Skinner for financemagnates.com. Operating under Indonesia’s Ministry of Trade, the regulator has stated that cryptocurrency futures exchanges wanting to operate in Indonesia, must be registered and approved before they can commence operations.The regulation announced today, follows on from reports released back in June of last year, that cryptocurrency futures trading is legal in Indonesia.The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti) announced via an official press release that it…

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Crypto News 

Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering

“At the right time, at least half of the stolen funds are cashed out using various conversion services within 112 days” writes Gareth Jenkinson for cointelegraph.com. Hackers waste no time cashing out stolen cryptocurrency, usually within three months after the initial attack.The second organization is less thorough in their approach, biding their time before converting stolen funds to clean money.In certain countries, existing anti money-laundering (AML) and Know Your Customer (KYC) regulations apply to cryptocurrency exchanges, which has helped curb some instances of crypto money laundering.The information could become pivotal…

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Crypto News 

Indian Police Nabbed Four for $14 Million Crypto Scam

“The police of the Indian city of Mumbai has arrested four persons alleging their involvement in a multimillion-dollar cryptocurrency scam” writes Arnab Shome for financemagnates.com. According to the Times of India’s February 17 report, the gang allegedly duped people for 1 billion rupees ($14 million) in a cryptocurrency scam.According to the report, the Mumbai police arrested four people, however, the mastermind of the scam -Ashok Goyal – is still at large. In last October, the Indian authorities busted a $3 billion crypto Ponzi scheme which even involved the kidnapping of…

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Crypto News 

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

“On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency” writes Stephen O’neal for cointelegraph.com. Clients will reportedly be issued the coins after depositing dollars at JPMorgan Chase.It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community for his anti-Bitcoin (BTC) remarks. Source: cointelegraph.com

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