Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
The suspension commenced at 09:30 EDT on the day of the announcement. BTGN’s shares last traded at 9 cents, and they’ll remain so until 23:59 on May 10, 2019, when the suspension will be lifted.
“To avoid the fraud and scam detection systems employed by banks, scammers are now increasingly asking for payment via unusual payment methods such as gift cards and cryptocurrencies.”
Bitcoin and ether will be the first assets to be supported by E-Trade’s crypto trading service, but the firm has plans to list other assets in the future.
Cryptocurrency trading and lending firm Genesis Capital released a report of its progress this year, indicating growth with BTC making up 68 percent of its lending portfolio.