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Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
18.6.2020
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves
Bitfinex Granted 2 of 3 Subpoenas in Hunt for Missing Millions
18.6.2020
The U.S. District Court of Georgia has denied a subpoena request by the exchange's parent firm as it tries to track down a missing $850 million
Russia’s Ministry of Justice Latest to Criticize Proposed Crypto Ban
18.6.2020
Russia's Ministry of Justice is the latest government authority to oppose a proposed crypto ban, seeing inconsistencies in the bill's stipulations
Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange
18.6.2020
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam
‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law
18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution.
The comments came after another government ministry spoke out against...
Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?
18.6.2020
CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation?
Binance Joins Indian Tech Association That Helped Overturn Crypto Banking Ban
18.6.2020
Binance and the Internet and Mobile Association of India (IAMAI) say they'll work to implement industry best practices in the Indian crypto market
Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...
Binance CEO CZ Explains Why He Disabled Twitter Comments
17.6.2020
Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially
IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
17.6.2020
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over...
Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO
17.6.2020
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC
What Satoshi Understood: Nobody Knows You’re a Dog on Social Media, Feat. The Crypto Dog
17.6.2020
A conversation about pseudo-anonymity, global digital nomadism and the trader’s mindset
Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract
17.6.2020
A US engineering firm awarded singer and entrepreneur Akon with a $6B contract to build a crypto city in Senegal
New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph
17.6.2020
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto
US Drug Agency Failed to Properly Oversee Crypto Investigations: DOJ Report
17.6.2020
The U.S. Drug Enforcement Administration failed to adequately police its undercover agents’ handling of cryptocurrency, a Department of Justice Inspector General report found
US Tax Court Says You Should Sell Your Crypto Savings If You Owe IRS
17.6.2020
The US federal court sides with the IRS in a dispute involving crypto whales and unpaid taxes
South Korean Crypto Tax Reports, Canada's CBDC + More News
17.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
South Korea’s deputy prime minister and finance ministry chief Hong Nam-ki has confirmed the reports about...
Expert: News of Chinese Banks' Crypto Crackdown Greatly Exaggerated
17.6.2020
Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders
Crypto-Ransomware Attacks Are Spreading Like a Hacking Wildfire
17.6.2020
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them
Spanish Crypto Users Report Banking ‘Freezes’ After Using Exchanges
17.6.2020
Banks in Spain are reportedly closing accounts they suspect belong to cryptocurrency traders, particularly users of the LocalBitcoins peer-to-peer exchange – and may have been doing so “since November last year.”
Per a report from media outlet Criptonoticias, an experienced crypto trader who asked...