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US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business
21.11.2021
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least $13 million in bitcoin and cash, often for drug traffickers,” the U.S. Department of Justice said. He agreed to forfeit various assets, including seized...
Xbox head Phil Spencer is skeptical about NFTs in video games
17.11.2021
The worlds of gaming and NFTs continue to blend, but Microsoft's gaming head is weary that NFTs are “more exploitative than about entertainment."
Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...
Pew Research Center: at least 16% of Americans have owned crypto
12.11.2021
The poll seems to indicate that crypto investors skew younger and more male than the population as a whole
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
29.10.2021
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate
Bybit Is Now Offering 3% Bonuses on Deposits
22.10.2021
Traders who have yet to join cryptocurrency exchange, Bybit can now enjoy 3% bonuses on their first time deposits, capped at $3,000 per user. In addition, traders with combined trading volumes in both Spot and Derivatives of at least $100,000 will be automatically included in an exclusive lucky...
New Bybit User? Get up to $600 in Welcome Rewards
11.10.2021
New Bybit users can get up to $600 in welcome rewards upon completing simple tasks and hitting trading milestones after signing up. The rewards include an exclusive $50 coupon when a new user makes a first time deposit of at least 0.05 BTC or equivalent within 48 hours of joining the cryptocurrency...
5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO
11.10.2021
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said. More...
BitMEX Boss: El Salvador-style Bitcoin Adoption on the Cards for 5 More Nations
7.10.2021
oin (BTC) legal tender status. Höptner claimed that “at least five countries” will “accept bitcoin as legal tender” before next year is out.In a blog post, the CEO
BTC bull run has 'at least 6 months to go' — 5 things to watch in Bitcoin this week
4.10.2021
$50,000 may not come easily, but zooming out, there's barely a bear in the house when it comes to Bitcoin price action
Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds
2.10.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access...
At Least 6,000 Coinbase Clients Robbed This Spring, Exchange Reimburses Losses
1.10.2021
ob-thousands-of-coinbase-customers-using-mfa-flaw/">reported, citing a Coinbase notification to customers.Coinbase confirmed to Cryptonews
South Korean Regulators Deserting Jobs for Posts in Crypto, Fintech and Finance
30.9.2021
e workplaces of the gods” in South Korea. But in recent times, many have been turning their backs on such posts, and are heeding the calls of headhunter agencies who have gone in search of their expertise.The media outlet said that “this year alone,” at least 28 individuals have moved away fr
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
25.9.2021
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto...
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Ethereum options data suggests the battle for $4K ETH is at least a week away
17.9.2021
Traders are long on Ether, but derivatives data suggests that a $4,000 price tag is a long shot in the short term
IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600
16.9.2021
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across...
Gaming Token ‘Adventure Gold’ Listed Amid ‘Loot’ NFT Buzz
7.9.2021
">OKEx.Designed as a game token for future Loot-related games, the Adventure Gold token was airdropped to Loot NFT holders, with each Loot NFT giving the owner the right to claim 10,000 AGLD. And with a token price at press time (14:52 UTC) of USD 2.95, the airdrop was worth at least a ha
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
6.9.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull...
'Conservative' BTC supply shock metric now says Bitcoin should cost at least $55K
5.9.2021
The supply shock valuation model delivers an extra reason to be long-term bullish on upward price movement