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Ethereum Classic’s MESS Solution Won’t Provide ‘Robust’ Security Against 51% Attacks: Report
21.10.2020
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as suggested, according to a new analysis
Abramoff-linked crypto firm says SEC has no case against it
21.10.2020
Participants of a $5.6 million token sale did not expect a return on investment, the NAC Foundation argued
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
19.10.2020
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing...
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Bitstamp says its users are now covered against a broad web of crime
15.10.2020
Crypto needs insurance too
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
15.10.2020
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure...
Bancor updates DEX to try a new approach against impermanent loss
15.10.2020
There ain't no such thing as a free lunch, however
Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account
15.10.2020
A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian...
Why didn't the Kucoin hack or legal action against BitMEX seem to impact Bitcoin?
14.10.2020
Bitcoin may have solidified a price base due to big player purchases
Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset
11.10.2020
When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge...
South Korean MP Calls Tax Authority's Bithumb USD 67m Bill ‘Baseless’
9.10.2020
South Korean trading platform Bithumb has won a powerful supporter in its quest to fight an unprecedented multi-million tax bill after an MP and parliamentary finance committee member claimed the nation’s tax authority’s USD 67m tax bill – served to the crypto exchange late last year – has no legal...
The DOJ’s ‘Crypto Enforcement Framework’ Argues Against Privacy Tools and for International Regulation
8.10.2020
The Justice Department's new crypto enforcement framework lays out its case for prosecuting alleged crimes around the world while taking aim at privacy-enhancing tools
Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges
8.10.2020
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...
The case against BitMEX is a compass pointing toward crypto regulation
6.10.2020
The CFTC and DOJ actions against BitMEX suggest that the crypto industry still has a lot of work ahead to meet KYC/AML standards
Indian Police Investigate 3 Companies Running a Crypto Ponzi Scheme, CEO Charged
6.10.2020
Three companies allegedly running a large-scale cryptocurrency Ponzi scheme are being investigated by Indian police. The scheme promises extraordinary returns to investors. The police have registered a case against the alleged CEO of the companies. Large-Scale Indian Crypto Ponzi Scheme Indian...
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours
2.10.2020
Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform....
3 reasons why the CFTC action against BitMEX will not crash Bitcoin price
1.10.2020
Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term
ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO
1.10.2020
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this....