That comes as Bitfly, the company behind the Ethermine pool, decided to distribute an 10,668 ETH (~$2.4 million) transaction fee appended to a 350 ETH transaction seemingly by accident to its miners. Separately, Estonia revoked 500 crypto firms’ licenses after a $220 billion money-laundering scandal involving Danske Bank. Scammers have created a phishing site modeled on Privnote, a popular encrypted messaging platform, that can “read and/or modify all messages sent by users” and hunt out messages containing bitcoin addresses to redirect transactions, according to cybersecurity blog KrebsonSecurity.
“The Shares will provide investors with exposure to bitcoin in a manner that is accessible and cost-efficient without the uncertain and often complex requirements relating to acquiring or holding bitcoin,” the filing said. Meanwhile, Wilshire Phoenix, an asset manager that tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed with the SEC to launch a new Bitcoin Commodity Trust. With relationships with two exchanges, the platform routes crypto bids to find consumers the lowest price. U.K.-based cryptocurrency platform Ziglu has launched, following a £5.25 million (US$6.6 million) seed round. “We established the advisory group to discuss legal issues surrounding a CBDC and figure out which laws need to be revised or enacted for smooth progress in the possible issuance of digital currency,” a BOK official told The Korea Times. South Korea’s central bank is moving ahead with research into digital currencies and has set up a legal panel to advise on possible regulatory sticking points. Square, for instance, told a photography store it would start holding 30% of each of its transactions for 120 days “to protect you and Square from unexpected loss events.” ( WSJ) You can subscribe to this and all of CoinDesk’s newsletters here.Įlsewhere, payment processors like Square and PayPal are limiting access to their customers’ funds, creating reserve accounts and planning ahead for a period of increased refunds, according to The Wall Street Journal.
You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. Meanwhile, Mason Privatbank Liechtenstein AG is the latest private bank to offer digital asset custody through a partnership with Hong Kong-based Hex Trust. analysts noted bitcoin’s success in outperforming traditional assets in March on a volatility-adjusted basis, and also found liquidity on major bitcoin exchanges was more resilient than for traditional assets such as equities and gold.
In an investor note, JPMorgan Chase & Co.
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