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Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice


A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...

Bitcoin as Safe Haven Narrative is Tested Again After U.S. Strike in Iran


The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran. Iranian Major-General Qassem Soleimani, head...

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail


U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...

92000 ETH has been moved


CoinMarketCap Daily Newsletter Your daily newsletter for 27 December, 2019 “There's no such thing as a free lunch.” - Milton Friedman In today's newsletter, we will be covering: Ethereum co-founder reportedly selling 90k ETH to U.S. cryptocurrency exchange OKEx launching Bitcoin […] The post...

92000 ETH has been moved


CoinMarketCap Daily Newsletter Your daily newsletter for 27 December, 2019 “There's no such thing as a free lunch.” - Milton Friedman In today's newsletter, we will be covering: Ethereum co-founder reportedly selling 90k ETH to U.S. cryptocurrency exchange OKEx launching Bitcoin […] The post...

Crypto’s Counterpunch to U.S. Hegemony and Empire


“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...

Greek Court Suspends Decision to Extradite Alexander Vinnik


The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...

Judge Rules Snowden Must Give Book Proceeds to US Government


A U.S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U.S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. The same judge previously ruled...

Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency


At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...

U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report


Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...

Erisx Launches Regulated Bitcoin Futures Market


Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S....

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year


According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...

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