Cryptocurrency News

The FBI is reportedly facing difficulties in its investigation involving the former cryptocurrency exchange called BitConnect. Apparently, the domestic intelligence and security service of the U.S. is looking for victims to help them in the investigation, especially those who have been directly involved with the now-defunct digital currency company.

The telecom multinational based in Spain named Telefonica has announced its interest on the blockchain technology. According to the official report, the company is looking to trial a blockchain-powered platform that is designed to enable users sell their very own personal information.

In the latest cryptocurrency news, a Brazilian bank is believed to be raising millions of dollars in funds. The process is currently being done through the offering of a security token.

Ohio is among the states in the U.S. looking to capitalize on the benefits of using blockchain. Interestingly, a group of auditors from the state has decided to launch a study of the technology and its advantages. In particular, the latter refers to how it could cover property transactions.

A U.S.-based cryptocurrency surveillance company was successful in raising around $3 million in seed funding. The startup, in particular, is being led by former Goldman Sachs fintech engineers.

CipherTrace, a blockchain and cryptocurrency security company, has successfully raised around $15 million in funding from its investors. Interestingly, it includes the titular Galaxy Digital of Mike Novogratz.

Samsung’s new phone, the Galaxy S10 was formally unveiled on Wednesday, and according to the company’s press release, the new phone will include private key storage for cryptocurrencies.

According to a new survey conducted by the investment platform eToro, almost 50% of the millennials trading online in the US trust cryptocurrency exchanges more than they do traditional stock exchanges.

At least two digital currency startups are planning to modernize and enhance the process of issuing and trading security tokens. According to the official report, this can be achieved by way of providing an all-in-one solution.

BitGo, a cryptocurrency security firm, is reportedly making good plans in order to facilitate insurance designed specifically for digital assets. The move is even cemented by providing about $100 million of cover against loss or theft of cryptographic keys through the Lloyd’s of London insurance market.