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Bitcoin Daily: Slovakian Crypto Exchange Victim To A $1.6M Hack; Crypto Lender Cred Joins Visa's FinTech Fast Track Program

PYMNTS

European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6 billion in assorted cryptocurrencies, CoinDesk reported. In other news, Hong Kong's Diginex has raised $20 million as a funding round from private investors, Bloomberg reported.

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Bitcoin Daily: Slovakian Crypto Exchange Victim To A $1.6M Hack; Hong Kong's Diginex Raises $20M Ahead of Nasdaq Listing; Crypto Lender Cred Joins Visa's FinTech Fast Track Program; Austrian Crypto RegTech Blockpit Buys Competitor CryptoTax

PYMNTS

European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6 billion in assorted cryptocurrencies, CoinDesk reported. In other news, Hong Kong's Diginex has raised $20 million as a funding round from private investors, Bloomberg reported.

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Top 5 Trends to Watch in 2018

Bank Innovation

The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., EXCLUSIVE — It’s not even a month into 2018 and already so much has changed.

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Genesis Molds Treasury Management For The Crypto World

PYMNTS

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. It marked the first drop in ICO funding in more than a year, according to Bloomberg reports, citing a correlation between ICO funding declines and drops in cryptocurrency values. ICO market.”

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Why Is Qatar Banning Crypto?

PYMNTS

For a country that is striving mightily to go digital when it comes to financial services, it may be a bit curious that Qatar has seemingly put the brakes on cryptocurrencies. The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. As was reported Monday (Jan.

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. As has been widely reported, some of those social media sites have been limiting access for cryptocurrency firms.

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Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. And one that should be every innovator’s anthem: “ Well done is better than well said.”. Three things that today seem more like talk than truly transformative innovations. Then, there are the claims being made by innovators about its potential. Benjamin Franklin.

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