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4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules


A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...

FTX Exchange 'Games the Rules' on BAL Token Distribution – Report


Following a sharp rise in price during its first few days of trading, decentralized finance (DeFi) platform Balancer’s BAL token is down by nearly 16% today - after the team behind the new protocol had to intervene to stop an exchange from continuing to exploit a weakness in the token distribution...

CFTC Chairman: US Must Lead the World in Crypto With Less Restrictive Rules


The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important...

Four Rules For Trading Cryptocurrency In South-East Asia


The text below is an advertorial article that was not written by Cryptonews.com journalists. Since bitcoin’s creation in 2009, cryptocurrencies have fascinated, intrigued and tempted investors ever since. With volatile price changes, and the ability to trade centralised currencies with the digital...

Court Rules on What Japanese Exchanges Must Do with Hard Fork Tokens


A ruling made by a Tokyo District Court – and unearthed by the CEO of Japanese crypto exchange bitFlyer – appears to suggest that exchanges are not legally obliged to transfer any cryptoassets generated by hard forks to their customers. Per a series of tweets from bitFlyer CEO Yuzo Kano, a Tokyo...

Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules


Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the...

Chinese Court Rules Bitcoin Is Asset Protected by Law


A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...

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