Dutch central bank licenses first digital currency startup since crackdown
Regulator De Nederlandsche Bank adopted the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) in April 2020.
Latest Business News
Ethereum Classic implements 51% attack defense
The Ethereum Classic blockchain has implemented a defense mechanism, "MESS," to reduce the chance of a 51% attack taking place on the network
Hackers steal over $22 million via Electrum wallet
From 2019-2020, hackers stole over $22 million from Electrum wallet users via malware that they tricked users into installing
Law firms fight over $8M Tezos lawsuit settlement fee
The Tezos class action lawsuit may have come to an end, but the two legal firms involved are engaged in a battle over the settlement fee.
Canada, UK, Japan and US release joint CBDC report
They are seeking to identify the principles necessary for any CBDC, to help other central banks around the world to meet their public policy objectives.
US treasury official confirms ongoing central bank digital currency study
The U.S. Treasury Department is actively considering the benefits of a central bank digital currency, according to a ranking department official.
South Korea banks and lawmakers call for new digital currency legislation
The National Assembly Seminar for the Virtual Asset Business Law argued the laws were needed to protect revenues and help develop the fledgling digital currency sector in Korea.
KuCoin restores deposits and withdrawals for 70+ coins after $275M hack
The exchange has also taken steps to recover some of the stolen coins in partnership with some of the digital currency projects.
UK Financial Conduct Authority bans sale of ‘cryptoasset’ derivatives
The move was announced by the U.K. regulator, representing the conclusion of more than a year’s worth of consultation.
CoinGeek Live: For Bitcoin SV entrepreneurs, the hardest challenges are yet to come
At CoinGeek Live, Jackson Laskey, Principal at Unbounded Capital, advised Bitcoin SV entrepreneurs to think beyond the battle of the past.
‘Old wine in new bottles’: Craig Wright explores idea of nationalism
In his latest blog post, Dr. Craig Wright explores Benedict Anderson’s idea of nationalism in his book “Imagined Communities.”
South Korea central bank to begin testing digital currency in 2021
The Bank of Korea will begin pilot transactions in 2021 to determine the feasibility of rolling out a digital currency system across Korea.
Hackers target 20 Israeli digital currency execs in multiple failed attacks
The attack was carried out by a sophisticated team of hackers that may have been state-sponsored, according to local media reports.
Singapore banks plan blockchain-powered digital trade registry
Fourteen banks in Singapore are teaming up to create a digital trade registry to serve as a central database for accessing records of trade transactions.
Hacks, regulations, scams, lead 70+ exchange shut down in 2020
2020 has not been the best year for digital currency exchanges, with over 70 shutting down in the first nine months of the year.
Bank of Canada report highlights risks with central bank digital currencies
The Canadian central bank said the “particular” risks of central bank digital currencies pose challenges for issuers planning to launch a CBDC.
Thank You CoinGeek Live Sponsors
CoinGeek Live 2020 wouldn’t have been possible without the support of our sponsors, the true pioneers of the Bitcoin ecosystem.
BitMEX CTO Sam Reed released from custody
BitMEX CTO Sam Reed–who was arrested on October 1st–has been released from custody on a $5 million appearance bond secured by $500,000 cash.
Calvin Ayre talks about being tough at Life’s Tough podcast
Calvin Ayre described the rising popularity of the protocol as one of the greatest opportunities he has ever seen.
The CoinGeek Pulse: Episode 15
“The law is coming to Bitcoin.” We’ve heard Bitcoin inventor Dr. Craig Wright say it before and now it has come to light in two separate incidents.