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US Congressman Wants to Outlaw Crypto, Cryptoverse Fires Back
10.5.2019
Brad Sherman. Source: Twitter/@BradSherman
US Congress Representative Brad Sherman once again making waves in the crypto world - he called for a bill yesterday which would “outlaw cryptocurrency purchases by Americans so that we nip this in the bud.”
In a just 1:11-minute-long clip circulating...
Deepdotweb Duo Indicted for Linking to Darknet Markets
10.5.2019
Federal indictments unsealed on May 8 have revealed further details of the case against Deepdotweb’s operators. Tal Prihar, 37, an Israeli citizen residing in Brazil, and Michael Phan, 34, an Israeli in Tel Aviv, have technically been charged with money laundering. The feds have made it very...
Binance CEO Publishes Security Incident Update, Apologizes for Blockchain Re-Org Comment
10.5.2019
Changpeng Zhao, CEO of major crypto exchange Binance, has updated reporters on the exchange’s security revamp and investigation into this week’s $40 million hack
Binance, Bitfinex and Tether: What’s the Worst That Can Happen?
10.5.2019
Recent events involving Binance, Bitfinex and Tether suggest there's potential for "catastrophic, systemic risk in crypto," Dan Cawrey argues
PR: ACD Launches Coin Buy Back Project
10.5.2019
ACD's new exciting project is the brainchild of Bitcoin.com's CEO Roger Ver and ACD's CEO Yasuhiro Sonoda. ACD has decided to start the "ACD Coin Buy Back Project," where a certain number of ACD coins will be bought back when payment is processed using BCH and ACD Coin at online and affiliate shops...
Bitcoin Cruising Higher: Ethereum, BCH, LTC Could Follow Soon
10.5.2019
There was a sharp upward move in bitcoin price above the USD 6,200 and USD 6,300 resistance levels. It seems like there is no stopping BTC bulls and the price could even clear the USD 6,400 resistance area. On the other hand, most altcoins struggled to follow bitcoin and remained confined in...
Crypto Exchange Binance Says It’s Revamping Security in Post-Hack Update
10.5.2019
Cryptocurrency exchange Binance said it is revamping security measures after losing some 7,000 bitcoin in a hack earlier this week
A New Crypto ETF Has Just Been Filed With the U.S. SEC
10.5.2019
A prospectus for a new bitcoin and ether-based exchange-traded fund has just been filed with the U.S. Securities and Exchange Commission
All of It Dark, All of It P2P: After the Binance Hack, Bitcoin Doesn’t Cut It
10.5.2019
That Binance could have colluded with miners to roll back hack transactions means bitcoin is not resistant enough to censorship, says Amir Taaki
Bitfinex Makes Bold but ‘Unaudited’ USD 404 million Profit Claims
10.5.2019
Bitfinex operator iFinex has made some new financial claims in the white paper for its forthcoming initial exchange offering (IEO) – stating that its platform made a whopping USD 404 million in net profits last year (24% more than in 2017) and paid dividends while they are still struggling...
Traffic Violators – Japanese Police Are Coming for Your Crypto!
10.5.2019
Cryptocurrency owners in Japan, beware – pay your parking fines on time, or the police will take your tokens!
That appears to be the message after police in the Gifu Prefecture seized over USD 3,600 worth of cryptocurrencies from a man who had accrued years’ worth of late fees on parking violations...
Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients
10.5.2019
Nordea is now allowing small and medium-sized enterprises to use its blockchain platform we.trade
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
10.5.2019
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator...
Crypto Adoption Strong in Venezuela Despite Political Chaos
10.5.2019
The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent...
US Lawmakers Form Fintech Task Force to Examine Industry
10.5.2019
United States lawmakers have passed a resolution to create a fintech task force that will examine the current regulatory framework for fintech
SEC Commissioner Hester Peirce Concerned Crypto Industry Hindered by Regulatory Delays
10.5.2019
U.S. SEC “crypto mom” said that the cryptocurrency industry could be hindered by the agency’s “heel-dragging” in forming clear regulations
Blockchain Entrepreneur, Ontario Regulators Seek Settlement in Namedrop Scandal
9.5.2019
The Ontario Securities Commission and the CEO of blockchain firm NextBlock are seeking a settlement over allegations of dishonest tactics for attracting investment
Bitcoin’s Software Has Been Rolled Back Before
9.5.2019
When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. However, most...
Funds Are SAFU, but Reorg Is Not: What We Know About the Binance Hack So Far
9.5.2019
Hackers stole 7,000 BTC in a highly advanced attack on Binance. All withdrawals and deposits are frozen for a week, but all funds are safe, the exchange says. Learn more about the attack in our follow-up
Halving Rally: Litecoin’s Price Logs Biggest Monthly Winning Streak Since 2017
9.5.2019
Litecoin's next block reward halving is now less than 90 days away, but the world's sixth largest cryptocurrency may still have room to run before investors "sell the news."