U.S.-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B round led by Accel, citing the stablecoin sector as a positive source of momentum. New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post […]
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Phillip Potter has joined the advisory board of a new stablecoin clearing house project. Phillip Potter, co-founder of Tether (USDT) and former Chief Strategy Officer of affiliate crypto exchange Bitfinex, has joined the advisory board of a new stablecoin clearing house project, Stablehouse.io. The news was shared with Cointelegraph in a press release on Feb. […]
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A former CIA intelligence officer has claimed blockchain represents a greater “threat to America’s national security” than North Korea, Iran or Russia. Andrew Bustamante, reportedly a former CIA intelligence officer, has claimed blockchain is “super powerful stuff” that represents a threat to America’s national security. Bustamante, who specializes in publishing life-hacks based on his knowledge […]
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Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings. Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more […]
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A new report claims the majority of the top 25 BTC trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes. A new report from data researchers at the Blockchain Transparency Institute (BTI) claims that the majority of the top 25 Bitcoin (BTC) trading pairs listed on CoinMarketCap (CMC) are based upon […]
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The Swiss Bundesrat has called for specific adjustments of existing financial laws in relation to the blockchain industry. The Swiss Federal Council (Bundesrat) has said that existing financial law in the country suits the blockchain industry, but needs specific adjustments. The government suggested several amendments in an official statement by the Federal Department of Finance […]
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Texas: the CEO of a “decentralized bank” crypto firm accused of defrauding investors out of over $4 million was arrested by the FBI. The CEO of cryptocurrency firm AriseBank was arrested by the FBI Nov. 28 on charges of defrauding hundreds of investors out of over $4 million. The news was reported in a release […]
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The suspect in the first criminal ICO case never issued a single token. In common law systems, it is precedent that informs judicial approaches to new and previously unaddressed matters. The precedent that will likely shape the body of U.S. case law on fraudulent initial coin offerings (ICOs) is currently being forged in a federal […]
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The U.S. DoJ has focused in on its investigation into whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s bull run. The U.S. Department of Justice (DoJ) has focused its investigation crypto market manipulation on whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices […]
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A U.S. man has been sentenced to 15 months in jail and fined $1.1 million by the CFTC for misappropriating Bitcoin and Litecoin funds. U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin (BTC) and Litecoin (LTC) from several people, the U.S. […]
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