Coinbase announces staking services for Tezos, determines XTZ price increase
The US Coinbase exchange has announced it will now offer staking services, the first cryptocurrency to be Tezos (XTZ). It is the first platform to offer such services to US customers.
“The current estimated annual return for Tezos on the Coinbase platform is ~ 5%. Rewards increase in real time, and once the initial deposit period ends (35-40 days), you will receive rewards in your account every 3 days. “
is mentioned in the official announcement.
The XTZ price rose significantly after the news was published, rising more than 50% from $ 0.90 to $ 1.40. Trading volume exploded from $ 13 million to over $ 60 million, largely due to activity on Coinbase Pro. Since then, Tezos has stabilized at around $ 1.15.
Binance signed a memorandum of understanding with the Ministry of Digital Transformation of Ukraine to work on the legal status of cryptocurrencies in the country. According to a Binance press release, the bill should be introduced for a vote in the Ukrainian Parliament by the end of 2019.
Trade Tezos on Binance!
The Prime Minister of Ukraine published three bills on October 22, inviting the public sector to examine them and submit their own proposals.
The information is fueling rumors that Binance will add support for the Ukrainian currency, the hryvnia, as part of its fiat-to-crypto transaction expansion campaign.
UN: North Correa washes money from cryptocurrency transactions
According to TheBlockCrypto, the UN Committee found that North Korea used blockchain shipping and logistics company Marine China to circumvent international sanctions for money laundering from stolen cryptocurrencies.
Apparently, Marine China owner Julian Kim, under the alias Tony Walker, has tried to withdraw money from banks in Singapore several times, according to the commission’s report.
The committee also said that the cryptocurrencies that North Korea stole last year were converted into cash by at least 5,000 separate transactions in several countries, making “tracking difficult”.
The UN claims that seventeen countries have been targeted by North Korea’s spear phising attacks over the past three years. The attacks on cryptocurrency owners, both companies and individuals, have resulted in losses of over $ 2 billion, according to the report.
The Einstein Exchange in Canada closes, with $ 12 million in debt to customers
The Canadian crypto exchange Einstein has announced it is closing, and its debt to customers amounts to $ 16 million (~ $ 12.4 million).
The British Columbia Securities Commission has announced it has launched an investigation into the exchange’s activity. Commissioners said there are indications that “Einstein misused their clients’ goods” and that he owes millions in cash and cryptocurrencies. They also pointed out that the platform was not licensed to operate as a crypto exchange.
The Commission apparently suspected that Einstein washes money through the exchange as early as May.
Currently, the company’s assets are frozen and the investigation is ongoing.
Related posts:
GitHub Libra Code draws criticism from users 
Tipping on Reddit and Vimeo in BAT introduced by Brave 
Newcomers to the crypto market have to pay attention to scams and pump and dumps 
Hardly any growth in downloaded crypto apps, despite tripling price bitcoin 
Bloomberg accepts Bitcoin – says cryptomonads are here to stay 
The Central Bank can release their cryptocurrencies earlier than expected
