Crypto News & Blog

SIM swap hack
Bittrex sued over a 1$ million SIM swap hack 1024 500 Crypto Rand Group

Bittrex sued over a 1$ million SIM swap hack

Bittrex, the crypto exchange that boomed in early 2017, is being sued over a SIM swap hack, netting 100 Bitcoin to criminals, currently worth $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to then loot online crypto accounts: the swap was from cellular…

single individual
2017 Bitcoin’s Run pushed by a single individual, research says 1024 500 Crypto Rand Group

2017 Bitcoin’s Run pushed by a single individual, research says

The 2017 cryptocurrency‘s astronomical surge was caused by a single individual, according to the same academic who, last year, claimed that Bitcoin‘s bull run was sparked by market manipulation. One single individual on cryptocurrency exchange Bitfinex was reportedly able to drive up Bitcoin‘s price when it fell below specific values, according to the University of…

French high schoolers
French high schoolers to learn about Bitcoin 1024 500 Crypto Rand Group

French high schoolers to learn about Bitcoin

French high schoolers will soon learn about Bitcoin, after the cryptocurrency was added to the syllabus for Economics and Social Sciences. Le Ministère de l’Éducation Nationale, the French education ministry, has outlined Bitcoin‘s inclusion in the curriculum, noting how it will use the cryptocurrency to help students think about the characteristics of money. Given the…

new offices
Binance about to open new offices in Beijing 1024 500 Crypto Rand Group

Binance about to open new offices in Beijing

Malta-based cryptocurrency exchange Binance is opening new offices in Beijing. The new outpost will join Binance’s current mainland China office in Shanghai. It’s not clear what exactly the new offices will do or when it will open, but the move follows a slew of announcements from Chinese authorities, including President Xi Jinping outlining China’s new…

bitmex
BitMEX leaks its user’s email addresses 1024 500 Crypto Rand Group

BitMEX leaks its user’s email addresses

BitMEX, one of the most used crypto derivatives exchange has accidentally leaked all its user base email addresses by simply forgetting to use “Blind Carbon Copy” (BCC) on a mass email. The incident was acknowledged by BitMEX in an official statement published today, Nov. 1. Cointelegraph’s editorial team in Japan have independently revealed that a…

german banks
German banks asking for digital Euro 1024 500 Crypto Rand Group

German banks asking for digital Euro

German banks have presented a position paper in which they make several arguments for the digital euro. The Association, which represents more than 200 private commercial banks and eleven member associations, says the arrival of Facebook’s private cryptocurrency Libra raises serious questions about what the global monetary system will look like in the digital age…

Central banks
IBM-ING: Central banks cryptocurrencies are coming 1024 500 Crypto Rand Group

IBM-ING: Central banks cryptocurrencies are coming

Central banks launching their own cryptocurrency could be real quite soon, and ING is not the only institution to believe so. According to a report conducted by old-school tech firm IBM and the Official Monetary Institutions Forum (OMFIF), we can expect to see fiat-based digital currencies within the next five years. These currencies will exist…

banking services in Singapore
Swiss crypto bank to offer banking services in Singapore 1024 500 Crypto Rand Group

Swiss crypto bank to offer banking services in Singapore

Sygnum, the Swiss-based cryptocurrency bank, has received the go-ahead to offer banking services in Singapore. Sygnum: license is “important milestone” In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this year, can now proceed with its first product for the Singapore market. Sygnum was the first Swiss company…

mastercard
Mastercard pushing its boundaries, now entering Blockchain Food Visibility. 1024 500 Crypto Rand Group

Mastercard pushing its boundaries, now entering Blockchain Food Visibility.

One of the biggest names in the payment networks is venturing in a new market. Mastercard will be looking to the blockchain to bring visibility to food systems and supply chain, with the integration of Envisble’s Wholechain system. A growing desire from consumers to know the story behind what they eat has prompted Mastercard to…

Jack Dorsey Backing Coinlist on a $10 million fundraise. 1920 1080 Crypto Rand Group

Jack Dorsey Backing Coinlist on a $10 million fundraise.

Twitter and Square CEO Jack Dorsey is backing the Token offering platform, CoinList, in their $10 million fundraise. CoinList’s $10 million fundraise will go towards the development of CoinList Trade, a new exchange platform, along with a crypto wallet, according to the Wall Street Journal. The latest funding round follows a 2018 Series B joined…

$2 million
Bitmain filing a $3 million IPO with Deutch Bank as a sponsor 1024 500 Crypto Rand Group

Bitmain filing a $3 million IPO with Deutch Bank as a sponsor

Bitmain Technologies, the cryptocurrency miner manufacturing giant, is said to have secretly filed an initial public offering (IPO) application in the U.S. with the Securities and Exchange Commission (SEC) to raise $3 million. Tencent News reported the news on Wednesday, saying that the sponsor for Bitmain’s IPO application is German multinational Deutsche Bank. The report…

bitcoin mining
Chinese bitcoin mining company filing for a $400 million Nasdaq IPO 1024 500 Crypto Rand Group

Chinese bitcoin mining company filing for a $400 million Nasdaq IPO

One of China’s biggest bitcoin mining hardware makers, Canaan Creative, made its third attempt to file to publicly list on a stock exchange, to raise $400 million. After attempting it in China and Hong Kong, Canaan Creative is now trying on Nasdaq. The Hangzhou-based company, which describes itself as the world’s second largest bitcoin mining…

financing Blockchain
Korea financing Blockchain startups 1024 500 Crypto Rand Group

Korea financing Blockchain startups

Crypto-related projects will be supported by the Korea Internet Security Agency (KISA) in 2020. Financing Blockchain with 10.5 billion won (about $9 Million) in funding. It will be the third year of such support from the KISA, which is under the Ministry of Science and ICT, according to the announcement from the agency on Monday.…

Chinese Central Bank
Chinese Central Bank announces its own digital currency: DCEP 1024 500 Crypto Rand Group

Chinese Central Bank announces its own digital currency: DCEP

While the PBoC has yet to confirm the launch of “DCEP,” China‘s finance tsar Huang Qifan says that the Chinese central bank has been studying it for almost six years Huang Qifan, executive vice president of the China International Economic Exchange Centre, has confirmed that the People’s Bank of China plans to roll out its…

partners with Starbucks
Bakkt launch an app, partners with Starbucks 1024 500 Crypto Rand Group

Bakkt launch an app, partners with Starbucks

Bakkt plans to launch an app for consumers, to help retail customers transact with cryptocurrencies, the company announced Monday, along with their plans to become partners with Starbucks. In a blog post, Bakkt chief product officer Mike Blandina wrote that the company was working on developing an app to let consumers use digital assets when…