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Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges
20.3.2021
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO)...
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
Thailand’s central bank warns against ‘illegal’ THT stablecoin
18.3.2021
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers
More Game Companies Take A Public Stand Against Anti-Asian Racism Following Atlanta Shootings
17.3.2021
A white man entered an Atlanta, Georgia spa yesterday and opened fire, killing four people and wounding another. He then drove across town and repeated this heinous act at two more locations, killing four more people. Six of the victims were Asian women, four of them of Korean descent.Read more
US Judge Denies Request to Add XRP Holders as Intervenors in SEC’s Lawsuit Against Ripple
17.3.2021
A U.S. judge has denied the request to add XRP token holders as intervenors in the Securities and Exchange Commission (SEC)’s ongoing case against Ripple. In a ruling made one day after the motion was filed, the judge, Analisa Torres denied the token holders’ request “without...
Bandai Namco Speaks Out Against Anti-Asian Racism In America
16.3.2021
In an official statement released on Twitter this morning, Bandai Namco took a public stance against the spike of anti-Asian racism in the United States in the wake of the covid-19 pandemic.Read more
Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages
16.3.2021
A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment...
Texas securities board takes action against hoax ‘Binance’-branded scheme
16.3.2021
The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors
Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
13.3.2021
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that...
Buterin helping to strategize against Ethereum 51% attack possibility
12.3.2021
Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability
Ripple Settles Legal Dispute With Youtube Over XRP Giveaway Scams
11.3.2021
Ripple and Youtube had ended a legal battle initiated in April last year amid allegations related to crypto-related scams. The U.S. blockchain company sued the video platform for negligence in acting against crypto scams that impersonated Ripple. Terms of the Resolution Are Confidential During...
Ethereum miners plot hash-power ‘show of force’ against EIP-1559
11.3.2021
In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours
The things the DoJ’s latest move against McAfee has taught us
10.3.2021
The actions against McAfee by the DoJ and the IRS represent a worrying shift in the view of the U.S. government’s criminal enforcement arm
Web Frameworks: Why You Don’t Always Need Them
10.3.2021
Richard MacManus explaining Daniel Kehoe’s approach to building websites:
There are three key web technologies underpinning Kehoe’s approach:
ES6 Modules: JavaScript ES6 can support import modules, which are also supported by browsers.
Module CDNs: JavaScript modules can now
…
The...
Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers
10.3.2021
Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by thousands of Portuguese. A Crypto Youtuber Already in the Authorities Loop...
George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
8.3.2021
The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as Hedge Against Currency...
Indictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business
6.3.2021
A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek...
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
This Is Why 'Hedge Against Inflation', Bitcoin, Dropped On Inflation Fears
5.3.2021
Bitcoin (BTC) once again showed that it is indirectly correlated to macroeconomic factors that can move the stock market, and, in turn, affect the price of the most popular cryptocurrency that is often touted as an independent asset class.
Bitcoin fell around 10% on March 4, from USD 51,680 to...
Former Bitcoin opponent says crypto is an effective hedge against currency debasement
5.3.2021
George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio