BayPay Members Blogs

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Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

Facebook’s hiring spree for its upcoming cryptocurrency, reportedly called “GobalCoin,” continues with the addition of a senior bank lobbyist from Standard Chartered, according to the Financial Times. In a report Friday,...
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Europol Developing ‘Serious Game’ to Help Train Crypto Crime Fighters


Europol has revealed it’s developing a game aimed to teach law enforcement officers how to tackle crypto crime. Announced at the sixth Cryptocurrency Conference hosted at Europol’s headquarters from June 12–14, the...
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Crypto Exchange Binance.com to Block US Customers from Trading

Binance.com, the world’s largest cryptocurrency exchange, is revamping its internal policies and cracking down on wayward users. The Malta-based exchange announced Friday morning that it was reviewing user accounts to ensure...
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Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency

Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to a new report. The Wall Street Journal reported Thursday that the social media giant has signed on more...
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Rhode Island Looks to Adopt Blockchain For Government Use

Rhode Island issued a request for proposals aimed at exploring the viability of blockchain technology to improve state operations. This comes on the heels the state relaxing certain security laws for...
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$6 Million in Stolen Binance Bitcoin Is On the Move Again


Hackers are now accessing wallets containing cryptocurrency stolen from Binance in May. Coinfirm , the company that tracked the original  few moves in early May has spotted a massive outflow from...
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New Monero Botnet Looks Like Last Year’s Outlaw Attack

There’s another Monero mining botnet that’s targeting China. Or maybe it’s one we’ve seen before. Bloggers steeped in the hacker-verse recently exposed a URL spreading a botnet that looks suspiciously like...
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Circle Is Closing Its Mobile App, Circle Pay, This September

Circle announced Thursday it would be discontinuing its mobile app, Circle Pay. In a blog post, the company announced a multi-phase wind-down wrapping up on September 30, when remaining funds will...
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Binance Says It’s Launching a US Exchange With FinCEN-Registered Partner

Binance, the world’s largest cryptocurrency exchange by volume, is launching a U.S. division. The Malta-based company said Thursday it is setting up Binance US, a new trading platform specifically targeting U.S....
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BRD Partners With Wyre to Build Bank Transfer Wallet Feature

BRD, a mobile wallet company, announced today that US customers are now able to purchase bitcoin, ethereum, and Dai using bank transfers. This feature is supported through a partnership with Wyre, a...
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Central Europeans Are Beginning to Wake Up to Cryptocurrency Payments

BitBay , a Katowice-based cryptocurrency exchange, released a survey of Polish cryptocurrency users in an attempt to “create a portrait of this community.” The answers may astound. The central questions asked...
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Marketing Chief Amanda Gutterman Is Latest Exec to Leave ConsenSys

Amanda Gutterman, CMO at ConsenSys. Photo by Brady Dale for CoinDesk.
Another top executive is leaving ConsenSys. Chief Marketing Officer Amanda Gutterman is the latest to depart the ethereum venture studio, according to two sources familiar with the matter. A ConsenSys spokesperson later...
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Bakkt Reveals Bitcoin Futures Contract Details Ahead of July Test Date

The Intercontinental Exchange’s pending bitcoin platform Bakkt plans to begin testing its two futures contracts on July 22 of this year. In a blog post that likened Bakkt’s launch to the...
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Circle and Coinbase Open CENTRE Stablecoin Network to New Members

Cryptocurrency firms Circle and Coinbase are a launching bold effort to make money as easy to move around the world as internet data and content. In a press release sent to CoinDesk...
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Bitcoin Startup Bitrefill Raises $2 Million Funding for Global Expansion

The veteran bitcoin startup Bitrefill, which offers cryptocurrency gift cards for mainstream brands and lightning-enabled payment services, plans to expand to new jurisdictions thanks to venture backing. As revealed exclusively to...
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‘Monopoly’-Style Blockchain Property Trading Game Raises $2 Million

FinLab EOS VC Fund and several angel investors have invested a combined $2 million in Uplandme, maker of a digital property-trading game running on top of the EOS blockchain. The funds...
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Retail Giant Walmart Enters Second Drug-Tracking Blockchain Trial

Retail giant Walmart is amping up efforts to harness the power of blockchain record-keeping in pharmaceutical tracking, while also hedging its bets as to the specific technology it’s committing to.  The...
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Reuters, Bloomberg and TradingView to Add New Cryptocurrency Index

The financial terminals of Thomson Reuters and Bloomberg will soon provide cryptocurrency data from an index that takes into account social media posts and news. Announced Thursday, index provider Cryptoindex said terminal users...
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Bitcoin Price Eyes Chart Pattern That Kicked Off Bull Market in 2015




View Bitcoin’s 50- and 100-candle moving averages on the three-day chart look set to produce a bullish crossover – a sign of bull market momentum. Back in October 2015, the same...
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FINRA Fines Ex-Merrill Lynch Investment Adviser Over Crypto Mining Sideline

U.S. self-regulatory organization, the Financial Industry Regulatory Authority (FINRA), has fined and suspended an investment adviser over undeclared cryptocurrency mining activities. According to a letter of acceptance, waiver and consent published by...
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