An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings. A judge has granted a motion from the U.S. attorney’s office to pause the SEC’s action against Edit Pardo and Boaz Manor for their involvement in the alleged $30 million crypto investment […]
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The longer-term Bitcoin futures contracts premium has consistently increased alongside top traders net exposure, signaling bullish sentiment for Friday’s expiry. Investors are magnetically attracted by the $1.1 billion Bitcoin and Ether options expiry scheduled to occur Friday, June 26, but they might be missing some relevant indicators of the futures contracts. June 26 will also […]
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A judge ruled against the Kleiman legal team’s motion to impose sanctions on Craig Wright and the case has been cleared to go to trial. Craig Wright, the man who proclaims himself Satoshi Nakamoto, will not be subject to court sanctions and has been cleared to present an expert witness in support of his autism […]
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Australians can deposit money for a local Bitcoin exchange at the post office. Australians can now pay for Bitcoin (BTC) at the country’s post offices, thanks to a new collaboration. According to a June 24 announcement, customers of local cryptocurrency exchange Bitcoin.com.au will be able to pay for Bitcoin at more than 3,500 Australian Post […]
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Security for mobile decentralized exchange usage depends on several factors. Using a decentralized exchange, or DEX, on a mobile device does not necessarily make for greater hacking risk, according to Kadan Stadelmann, CTO of blockchain platform Komodo. “I don’t think that the risk to a mobile DEX is necessarily higher than that of a DEX accessed […]
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Police in Burnaby have noted a surge in Bitcoin-related scams across Vancouver. The Royal Canadian Mounted Police, or RCMP, in Burnaby, a district of Vancouver in British Columbia, reported a surge of Bitcoin (BTC) related scams across the city. This news comes amid recent reports of similar activity occurring across Canada. Authorities say scammers call […]
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Sweden’s central bank just released a massive report on central bank digital currencies. Sveriges Riksbank, Sweden’s central bank, took a 98-page deep dive into central bank digital currencies, or CBDCs, referencing the country’s own such asset — the e-krona. “The second issue of Sveriges Riksbank Economic Review in 2020 has a special theme, namely central […]
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A bill that would outlaw end-to-end encryption for technology companies was proposed by three Republican senators; meanwhile, Ava and Cardano would not yield. Three Republican senators introduced a bill to end “warrant-proof” encryption on June 23. It invokes national security as a pretext for requiring device manufacturers and service providers to assist law enforcement by […]
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Wells Fargo warned that stocks could sell-off after an amazing recovery, meaning Bitcoin price is also possibly at risk of a sharp correction. Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and given the correlation between Bitcoin and […]
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Ransomware group threatens to auction secrets stolen from a law firm specializing in the entertainment industry. The REvil ransomware gang says that they will auction over 1TB of data stolen from New York-based entertainment law firm, Grubman Shire Meiselas & Sacks. This data allegedly contains the “dirty” secrets of a number of celebrities. REvil claims […]
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