Former JP Morgan trader pleads guilty to manipulating US metals markets for years


(November 6th, 2018) - An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years -- and he has implicated his supervisors at the bank. 

Source: CNBC



For Russia Change Comes SWIFT


(November 2nd, 2018) - During the ruble crisis of 2014/15 Russia announced in the wake of U.S. and European sanctions over reunifying with Crimea that it would begin building a domestic electronic financial transfer system, an alternative to SWIFT.

Source: TomLuongo.me



Morgan Stanley: Bitcoin (BTC) and Cryptocurrencies are Now an Institutional Asset Class


(November 1st, 2018) - Morgan Stanley, through its research division, have released a new 50 page report updating on the status of Bitcoin (BTC), Cryptocurrencies and Blockchain. According to The Block, the new report is an update to the first version published by the same firm titled ‘Bitcoin Decrypted: A Brief Teach-in and Implications’. The latter report was released back in December as the firm has continually researched cryptocurrencies and blockchain. The research division of Morgan Stanley has released a total of 15 such research reports thus far.

Source: EthereumWorldNews



Research Commissioned By ConsenSys Concludes EOS Is Not A Blockchain, But A ‘Cloud Service’


(November 2nd, 2018) - Testing carried out by benchmarking firm Whiteblock has come to an interesting conclusion. The firm argued: “EOS is fundamentally the same as a centralized cloud computing architecture [client/server] without the fundamental components of a blockchain or peer-to-peer network.”

Source: CryptoGlobe



Korea’s Finance Minister Approves Banks Working With Crypto Exchanges


(October 31st, 2018) - Choi Jong-Ku, the commissioner of the Financial Services Commission (FSC) of South Korea, has reaffirmed that there exists no issues related to compliance and security in the process of banks providing virtual bank accounts to local cryptocurrency exchanges.

Source: CCN



Bitcoin Turns Ten: A Blast To The Past

(October 30th, 2018) - Just shy of 10 years ago, on October 31st, 2008, Satoshi Nakamoto, the pseudonymous creator of the now-world-renowned Bitcoin project, sat down to release a technical paper on what is arguably the most important innovation in human history.

Source: NewsBTC



Mastercard Wins Patent for “Managing Fractional Reserves of Blockchain Currency”


(October 29th, 2018) - Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multinational has plans for a management system of fractional reserves of blockchain currency.

Source: NewsBTC



Several People Break Into OKCoin’s Beijing Offices


(October 26th, 2018) - OKCoin has stated dozens of unidentified individuals forcibly broke into their offices in Beijing, smashing items, threatening staff, and forcefully pushing OKCoin employees down the stairs.

Source: TrustNodes



Aussie Blockchain Startup Wins Billionaire Branson’s Tech Challenge


(October 23rd, 2018) - The challenge, whose previous finalists include Doctor on Demand and Vantage Robotics, aims to provide entrepreneurs with the right tools to help them build their tech products. Power Ledger received endorsements worth millions of dollars in a ceremony that took place at Branson’s Caribbean island this weekend.

Source: CCN



Binance Increases Anti-Fraud Measures With Chainalysis Partnership


(October 17th, 2018) - Crypto compliance provider and research firm Chainalysis announced it had partnered with exchange Binance in a press release Wednesday, Oct. 17, in order to improve its detection of suspicious transactions.

Source: CoinTelegraph



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