2019-1-2 16:20 |
$300,000 crypto fraud case involving Georgian state senator set to see prosecution evidence
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Google today released its data on search trends in 2018. While these always reflect the state of the world over the course of the year, in this case the list of trending searches range from joyful to very, very sad — we’ve had a rollercoaster of a year.
2018-12-12 21:59 | |
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A new development has arisen in the U. S. Securities and Exchange Commission’s (SEC) efforts to regulate ICOs: a District Judge has turned back a request for an injunction.
2018-11-30 23:08 | |
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Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud.
2018-11-30 23:03 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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In a method known as “SIM swapping,” 21-year-old hacker Nicholas Truglia stole $1 million from a San Francisco executive and hacked the phones of a number of other Silicon Valley and blockchain executives.
2018-11-22 16:00 | |
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Crypto Investor On Bitcoin: “I Didn’t Sleep Well Last Night” “Bitcoin [is] no longer boring,” declared Bloomberg analysts/journalists Vildana Hajric and Olga Kharif in a recent piece on the crypto market.
2018-11-18 01:51 | |
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With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.
2018-11-15 22:38 | |
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Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level. In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v.
2018-11-14 00:41 | |
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In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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The judge presiding over a class action lawsuit against Coinbase over allegations of insider trading has approved Coinbase’s motion to dismiss the suit. In March of 2018, Jeffrey Berk filed a class action lawsuit in the Northern District of California on behalf of himself and other investors against Coinbase.
2018-10-26 22:26 | |
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Police in Bengaluru, India recently arrested UnoCoin cofounder Harish BV for “illegally” operating a Bitcoin ATM in the city barely a week after it was installed. ‘Not Taken Any Permission from the State Gov’t’ According to The News Minutes, Bengaluru’s Cyber Crime Police unit brought forward a case against Unocoin for illegally installing a BTC ATM without any permission.
2018-10-25 22:00 | |
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The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.
2018-10-23 00:41 | |
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The issue with most current blockchain projects is the lack of a user base due to the early state of the market. Or, at least, that’s how naysayers view the world of crypto. However, the Brave browser has been proving that notion wrong over and over again.
2018-9-21 21:36 | |
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Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning.
2018-9-19 15:30 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest.
2018-9-12 21:26 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.
2018-8-28 19:11 | |
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The United States Securities and Exchange Commission (SEC) just put nine more bitcoin exchange traded funds (ETFs) on the chopping block. In three separate orders issued on August 22, 2018, the agency nixed the proposals and contingent rule changes for ETF filings submitted by ProShares, GraniteShares and Direxion.
2018-8-23 18:18 | |
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As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.
2018-8-22 22:53 | |
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Ripple scored a small victory in its ongoing legal defense when a San Francisco judge ruled against a motion to remand the case of Coffey vs. Ripple Labs to California state courts. However, the company associated with the third-largest cryptocurrency is still knee-deep in a fight which could have deep reverberations through the cryptocurrency space.
2018-8-14 16:41 | |
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A new way to trade bitcoin and digital currencies is now in the books. SparkSwap is the first crypto exchange to be built on the Lightning Network. It allows users to trade both bitcoin and altcoins in seconds without depositing assets with a third party.
2018-8-10 18:32 | |
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The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.
2018-8-8 16:00 | |
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West Virginia is preparing to roll out a voting app in the upcoming mid-term elections that will be powered by blockchain tech, but there’s a catch. In March 2018, West Virginia piloted a scheme to allow their overseas military personnel to vote in state elections from their smartphone.
2018-8-7 16:01 | |
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ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.
2018-8-6 17:40 | |
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When the SEC announced its rejection of the Winklevosses’ latest bitcoin ETF filing, the industry found itself reckoning with a problem on repeat: striving toward the goal of approval, another Exchange Traded Fund (ETF) proposal faced the SEC’s death knell.
2018-8-4 22:49 | |
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Experts believe China is far from uninterested in cryptocurrency despite its overt efforts at bans of one kind or another. In fact, it is widely believed the communist government is contemplating its own version of a state backed cryptocurrency.
2018-7-31 10:30 | |
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The Securities Commissioner of South Carolina dismissed its previous order of nearly half a year ago against Genesis Mining. It’s rare, and some say this is a first for the state, as the Commissioner hasn’t previously withdrawn such an order.
2018-7-29 06:45 | |
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Looks like it’s blockchain split season again. For background of various people discussing the topic, and whether such splits are good or bad: Power laws and network effects (arguing the BTC/BCC split may destroy value due to network effect loss): https://medium.
2018-7-21 23:03 | |
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In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware. A First for the First State According to the Delaware Business Times, a Newark home worth $ 1.75 million was recently sold by Michael Kelczewski, a real estate broker for property giant, Sotheby’s International Realty. Just the Beginning
2018-7-11 15:55 | |
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Even though some ‘experts’ feel that Bitcoin and the like have no value, these virtual currencies continue to be used as payment methods. In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware.
2018-7-11 11:00 | |
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Your phone knows where you’ve been. LightAndShare/Shutterstock.com Jonathan Weinberg, Wayne State University The Supreme Court has handed down a landmark privacy decision in a case about cellphone location data, suggesting there should be stronger protections against government searches for the increasing amount of private information that’s stored online. The case relates to location information routinely […]
2018-7-9 05:10 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
2018-6-14 01:32 | |
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Eldarune just announced a strategic collaboration with Immutable that will see it receive a grant of 50,000 IMX tokens from the Web3 games development platform as well. Details of Eldarune-Immutable partnership The milestone-based grant from Immutable is exclusive to Heroes of Eldarune – a flagship trading card game (TCG) of the Web3 game studio. Immutable […]
Jeff Bezos is reportedly concerned that Amazon.com Inc may be falling behind its big tech peers in artificial intelligence. Bezos sees transformative potential in AI An anonymous source that talked to CNBC this week also revealed that the founder and former chief executive is “very involved” in what $AMZN is doing to excel in the […]
60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US Senate has voted to overturn a key Securities and Exchange Commission (SEC) rule that barred regulated financial firms from holding Bitcoin and other cryptocurrencies.
Twitter co-founder Jack Dorsey has projected that Bitcoin’s value could soar to at least $1 million by the year 2030. In a recent interview with journalist Mike Solana on Pirate Wires, Dorsey shared his bullish outlook for the cryptocurrency, suggesting that it might even surpass this milestone within the next decade. This statement comes as […]
Those who watch the Robinhood Markets Inc stock price closely might be forgiven for getting a little dizzy in past twenty-four hours – it’s certainly been a wild ride. Robinhood share prices rose 6.
The sell-off in Bitcoin following the halving event was not unexpected, says Anthony Pompliano. He’s the founder of Pomp Investments. What Pompliano said in a CNBC interview BTC now has its 200-day MA at a record high despite recent volatility which suggests the world’s largest cryptocurrency “continues to trend upwards over the long run”, he […]
Joe Lubin, co-founder of Ethereum and founder of Consensys, has initiated a legal battle against the U. S. Securities and Exchange Commission (SEC), contesting the regulator’s authority over Ethereum and its associated products, specifically the MetaMask crypto wallet.