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Hack Kills Cryptopia - Liquidators Take Charge of Exchange


A New Zealand court has placed hacked cryptocurrency exchange Cryptopia into liquidation following a number of failed attempts at re-opening the platform. The court placed responsibility for the liquidation in the hands of David Ruscoe and Russell Moore, employees at auditor Grant Thornton...

SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending


The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin...

Facebook Snaps up Coinbase Compliance Pros


Facebook appears to have poached two of cryptocurrency exchange Coinbase’s most experienced compliance experts as the social media giant reportedly gears up for a token launch. Mikheil Moucharrafie, who spent four years working on compliance issues at Coinbase last month posted on his LinkedIn...

CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume


The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...

Cryptocurrency Exchanges Are Cleaning up Their Act


Ask a dozen crypto traders for the reason behind the recent rally and you’ll get a dozen different theories. Bakkt futures, Microsoft building on Bitcoin and Whole Foods accepting crypto have all been cited as fueling the bull market that’s broken out. While these factors have certainly...

Our Value of Money Is Subjective But That Doesn’t Make It Meaningless


In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot...

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