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Ethereum News

Japanese Financial Regulator Issues ‘Punishment Notices’ For 7 Crypto Exchanges

The Japanese Financial Services Agency (FSA) has sent “punishment notices” to seven crypto exchanges and temporarily halted the activities of two more after a round of inspections prompted by January’s Coincheck hack, CNBC reports Thursday, March 8. The FSA issued business improvement orders for a lack of “the proper and required internal control systems” to…

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Coincheck Exchange to Compensate Hack Victims From Next Week – CoinDesk

Japanese cryptocurrency exchange Coincheck has announced it will start compensating customers that suffered losses in its January hack starting from next week. In a press conference Thursday, Coincheck CEO Koichiro Wada and COO Yusuke Otsuka said that the platform will release more details of the compensation process in the next few days. The pair also revealed a further…

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Ethereum Foundation Awards Millions In New Grant Funding – CoinDesk

The non-profit dedicated to advancing and maintaining ethereum’s software  has officially announced the recipients of its first wave of development grants. A total of 13 projects received more than $2.5 million combined to work on scalability, security, development experiences, user interface study and other derivatives of the ethereum blockchain, according to a Wednesday announcement. The…

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CFTC's Giancarlo: US and Foreign Regulators Teaming Up on Crypto – CoinDesk

U.S. regulators are working with their counterparts overseas to combat cryptocurrency fraud, Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo said Wednesday. Speaking during a U.S. House of Representatives committee hearing on his agency’s forthcoming budget, Giancarlo said he has spoken about the issue with the International Organization of Securities Commissions (IOSCO), as well…

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Messari Raises Seed Funding for ICO Answer to EDGAR – CoinDesk

Messari, the startup aiming to create the crypto-equivalent of Crunchbase or the SEC’s EDGAR system, has raised a new seed funding round. A number of industry firms backed the round – the exact amount of which wasn’t disclosed – including Anthemis Group, Blockchain Capital, CoinFund, Digital Asset Investment Company, Danhua Capital, Kindred Ventures, Rising Tide, Semantic…

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Crypto Markets Take A Slump After Quiet Week

Crypto markets were relatively quiet most of the week until today, when the top five took a dip of over 8 percent. Bitcoin (BTC) stayed between $10,500 and $11,500, until this morning when it fell to $9,693.95 according to data from CoinMarketCap. Bitcoin is currently trading at  $9856.31 at press time, down over 8 percent…

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Bitcoin's Price Drops $1K in Sharp Break Below $10K – CoinDesk

Bitcoin’s price fell sharply during mid-day trading on Wednesday, dropping more than $1,000 amid reports of exchange issues. CoinDesk’s Bitcoin Price Index (BPI) hit a low of $9,494.45 – representing a decline of more than $1,200 from the day’s opening price of $10,709.53. The sharp drop is notable, considering that the cryptocurrency’s price had risen…

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