Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. The product seeks to track stablecoins through every transaction, with the inclusion of redemption and issuance. Chainalysis COO Jonathan Levin said in the announcement,...
There are few familiar places in the regular life of a consumer other than the grocery store, and that familiarity can breed a type of trust, a sense that nothing too weird or threatening will happen there. That doesn’t mean they can’t be about innovation....
The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple’s help, Cointelegraph reported. Through the program, graduate students are said to focus on the study of blockchain development and regulations. They will also, reportedly, be able to participate...
Bitcoin fell to a five-week low during this past holiday weekend, reaching $3,442.50, its lowest level since Dec. 17. By Tuesday (Jan. 22), the crypto was up 0.7 percent to hit $3,622.41 on the Kraken exchange, according to MarketWatch. Get the Full Story Complete the...
Swiss crypto wallet maker Tangem has notched a $15 million investment, Coindesk reported. The company makes a product for digital currency storage that it says is a “smart banknote for digital assets” and received the investment from SBI Crypto Investment, an SBI subsidiary. With the...
Indonesian ride-hailing company Go-Jek is acquiring a “substantial” number of shares in Philippine-based blockchain services platform Coins.ph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Bitpay, a processor of digital currency payments, claims that it has handled more than $1 billion in transactions in 2018, Coindesk reported. In addition, the firm noted that last year marked the second time that it reached the milestone. BitPay Co-Founder and CEO Stephen Pair...
IBM is planning to use blockchain to help monitor supply chains in the metals industry, CoinDesk reported. In one case, the technology company plans to record the journey of 1.5 tons of cobalt through its trip from the Democratic Republic of Congo to China and...
Cryptopia, a digital currency exchange based out of New Zealand, has experienced what has been described by the company as a “security breach,” Coindesk reported. On Twitter, the company said that it had “suffered a security breach which resulted in significant losses” and called the...
