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Institutional and Retail Bitcoin Futures Demand Continues to Climb


2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District


Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...

Proof of Bitcoin's Birthday: The Power of an Individual Action in Crypto


It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that's what we see in the Cryptoworld. What’s more, this approach seems...

You Can Earn Lead Tokens by Becoming a Crypto Community Champion


Becoming a cryptocurrency community leader is a good way to bring about the future you want to see in the world by taking real action today. Now you can also be directly rewarded for your work with the Bitcoin Cash community’s new SLP token, Lead (Leaders of Education, Adoption...

Bitmain Promises Big Discounts as Founder Wu Returns to Action


Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel Bitmain’s Wu Jihan has made his first address to clients following the conclusion of a bitter power struggle with the company’s former head – and has announced a series of measures aimed at boosting the Bitcoin (BTC)...

Coinbase Patents AI Compliance System to Monitor and Flag Accounts


Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

South Korean Committee Passes Bill Enforcing FATF Crypto Rules


South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...

Bitfinex Hit With Second Class Action Lawsuit, Threatens Retaliation


Cryptocurrency exchange Bitfinex has lashed out at what it calls a “mercenary and baseless class action complaint” lodged in Washington State, in the United States – threatening its issue with retaliatory legal action. The company made its allegations in a statement following what the exchange...

US to Strictly Enforce Crypto Rules Similar to FATF Guidelines


The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...

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