An Israeli court has blocked Union Bank of Israel from closing an account linked to cryptocurrency mining firm Israminers Ltd.; the judge ruled that the closure was unreasonable based on occupation of the depositor alone; forced closure based on money laundering concerns was deemed permissible - Link
0 Comments

balwinderdev

 
Hedera Hashgraph has officially launched its public network after testing with a small group of clients since Dec. 2018; with the network live investors in the project, which raised $124M in a token sale, will start to receive their HBAR tokens; according to CoinDesk, twelve cryptocurrency exchanges and over-the-counter (OTC) desks plan to list HBAR for trading: AlgoZ, BitOoda, Bering Waters, Bittrex, Galaxy Digital, GSR, Liquid, OKEx, OKCoin, OSL, Upbit, and xFutures - Link


0 Comments

balwinderdev

 
Wells Fargo is developing a U.S. dollar-backed stablecoin, called "Wells Fargo Digital Cash" that will be used in a pilot to settle internal cross-border payments; the firm believes its proprietary digital ledger tech (DLT) platform will enable money to move in near real-time, with less transaction fees, and outside normal operating hours - Link


0 Comments

balwinderdev

 
Deutsche Bank has joined banking rival JPMorgan's Interbank Information Network (IIN) a blockchain-based network comprised of over 60 banks, according to a Financial Times report; the IIN allows member banks to exchange information related to international payments on a blockchain; up until this point, most of the members of the network have been smaller banks and clients of JPMorgan - Link


0 Comments

balwinderdev

 
A critical exploit was discovered in a newly released AirSwap smart contract, according to a blog post from AirSwap; the vulnerability, which was discovered during an internal security review, would allow an attacker, under certain conditions, to perform a swap without requiring a signature from a counterparty. A list of 10 accounts that were at risk was released by the team; these accounts would have been at risk between midday September 11th and early morning of September 12th; no action is required for addresses that are not on this list; for those that are listed the announcement directs users to https://authorizations.airswap.io/ where they can revoke authorizations for the contract - Link


0 Comments

balwinderdev

 
Square is testing a free stock trades feature within its Cash App, according to a company video seen by Bloomberg; a source indicated employees began testing the service in recent weeks; Cash App previously launched Bitcoin trading - Link


0 Comments

balwinderdev