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Developer Proposes Decentralized Bitcoin Hashrate Derivatives
20.1.2020
There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory...
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
17.1.2020
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces
Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
17.1.2020
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims
Bithumb Exchange Fighting Back Against ‘Groundless’ $69M Tax Bill
16.1.2020
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions
SEC Issues Alert Against Initial Exchange Offerings
15.1.2020
The SEC has issued an alert to investors regarding initial exchange offerings. This warning is not an official statement on regulatory policy, but it does indicate the way the American market regulators view the practice and why many exchanges are shunning U.S. investors. Also Read: Telegram...
Indian Supreme Court Hears In-Depth Arguments Against RBI Ban
15.1.2020
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...
UN Warns Against Attending North Korean Crypto Conference Next Month
15.1.2020
The United Nations says attending North Korea's cryptocurrency conference in February would likely be a violation of sanctions
The Race to Lead 3 Class-Action Suits Against IFinex Over 2017 BTC Bull Run Is On
14.1.2020
One of several active suits against iFinex has filed a request to spearhead the efforts for the entire class over alleged manipulation of the BTC market using Tether
Ethereum Classic Cooperative Warns Public Against Apparent Hard Fork Scam
13.1.2020
The Ethereum Classic Cooperative is warning against a new apparent scam masquerading as something to do with the altcoin’s hard fork
Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier
11.1.2020
10 days after the Tulip Trust expired, new court filings have appeared in the billion-dollar Kleiman v. Wright lawsuit. One document describes the professed existence of a Tulip Trust III, which was shown to the plaintiffs on January 6, 2020. Another filing shows that Judge Beth Bloom has affirmed...
A Lawsuit Against Bitfinex and Tether Dismissed by Plaintiffs
10.1.2020
The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit.
Filed in the Western District of Washington court...
US Lawmakers Urge FCC to Step Up Its Action Against SIM Swaps
10.1.2020
Six U.S. lawmakers have written to the Federal Communications Commission urging it to put pressure on telecoms providers to mitigate the risk of SIM swap attacks
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
How Dropgangs and Dead Drops Are Transforming Darknet Practices
10.1.2020
Since the creation of the Silk Road, authorities have waged a war against the online drug trade with a wave of surveillance and enforcement. However, crypto-anarchists are developing new ways to evade the state’s tentacles as the next technological phase started to emerge in late 2017....
The 'January Effect' Pushes Bitcoin Above USD 8K, While Alts Drop Against BTC
8.1.2020
Source: iStock/da-kuk
After another strong rally on Tuesday, the most popular cryptocurrency, bitcoin (BTC) is back above USD 8,000 again, increasing its gains this year to more than 15%. Meanwhile, all major altcoins are in red against BTC today.
At pixel time (08:49 UTC), BTC trades at c....
Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn
7.1.2020
Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at...
US SEC Settles in Long-Running Fraud Case Against Longfin CEO
6.1.2020
SEC secures $400,000 in fraud case against Longfin CEO
XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?
31.12.2019
XRP holders can’t wait to say goodbye to 2019