Blockchain Market Update – January 22, 2019

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January 22, 2019 by
Blockchain Market Update – January 22, 2019

User Data LeakDarknet market “Dread” has vendor attempting to sell user data from KYC data from crypto exchanges. According to data shared with CCN, hacker has advertisement online since July 2018, claiming to have hacked documents used in KYC checks, including identity cards and drivers’ licenses from users of top exchanges like Bittrex, Poloniex, Bitfinex and Binance—Other

Haven ProtocolAppears to have pulled first exit scam of 2019, with both anonymous developers disappearing and a team member calling project “dead” on Discord channel. Haven Protocol is hard fork of Monero, marketing itself as an “offshore bank account in your wallet”—Other

CoinzestSouth Korean crypto exchange is looking to take back cryptos accidentally sent to clients in an airdrop valued at around $5.3M in BTC and other cryptos. They have pointed to a computer error at fault when they were trying to airdrop We Game Tokens (WGT)—Exchange

Falcon Private Bank: Swiss-based bank reaffirms its first-mover position in blockchain banking by accepting direct transfers of selected cryptocurrencies. With immediate effect, private and institutional clients can directly transfer cryptocurrencies to and from segregated Falcon wallets, as well as convert them into fiat money. This new offering from Falcon makes blockchain assets fully bankable—Financial Institution

Blockchain.comCrypto wallet provider is seeking to partner with unnamed stablecoin project by year’s end, as revealed by their CEO, Peter Smith., which reportedly provides 32 million wallets, is allegedly considering listing a stablecoin on its platform—Project Development

RakutenJapanese company announces reorganization of its internal organizational structure beginning Apr. 1. They confirm establishment of new settlement subsidiary, Rakuten Payment, which will handle settlement and BTC-related businesses—Project Development

Saudi, UAE: Central banks of both countries want to pilot a shared digital currency for cross-border bank transactions, aiming to improve remittance industry and build investor faith in crypto—Project Development

Japan: Announces opening for annual tax season on Feb 18. Tax office will begin accepting paper and electronic tax returns that day until Mar. 15—Other

South KoreaGov’t moves to change paper certificates, confirmations, and other documents to be issued at year’s end into electronic versions. Ministry of Public Administration and Security says it is promoting “Government E-Certificate Issuance and Distribution Platform” to reduce issuance procedures and costs. Platform is expected to be completed in November and will introduce blockchain tech to solve security issues on forgery and certificate auditing—Other

Ghana: Deputy Director General of SEC, Paul Ababio, responding to calls by some customers of cryptocurrency company Global Coin Community to help retrieve their locked investments, said the platform is currently not licensed and anybody who trades in the currency does at their own risk. Also said the commission is researching about cryptocurrencies to see possible ways of dealing with it in Ghana—Regulation

“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”

Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.

Name Price
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
Litecoin (LTC)
Cardano (ADA)
Dash (DASH)
Monero (XMR)
Stellar (XLM)
Bitcoin Gold (BTG)
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