US: Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million

Two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in crypto. Manhattan District Attorney Cyrus R. Vance announced on April 23 that two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in cryptocurrencies and Western Union payments. Callaway Crain, 35, and […]

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Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]

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Coinbase Closes Chicago Office and Scales Down Work on Matching Engine

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine. Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading […]

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Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests

An analyst stated that he bought one bitcoin through his TD Ameritrade account, although he later found the trade was not real. The world’s second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22. Twitter personality […]

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