A seed investor in BitMEX claims he is owed at least $50 million as per the terms of his cash injection, but also seeks damages worth $250 million. A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity. According to […]
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Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds […]
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Huobi completes its executive team in Turkey by appointing ex-Deloitte exec Alphan Gogus as the new general manager. Global crypto exchange Huobi completes its executive pursuit in Turkey by appointing Alphan Gogus, a veteran in crypto and finance, as the new general manager for Huobi Turkey. A new manager for a growing market Global crypto […]
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Several altcoins are on the verge of resuming their downtrend. What are the critical levels to watch out for going into mid-December? Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures […]
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Elliptic Discovery collects details of more than 200 crypto exchanges to enable banks to manage risks associated with crypto. London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges. Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to […]
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Cryptocurrency exchange Kraken is launching support for Tezos staking starting on Dec. 13. Cryptocurrency exchange Kraken is launching support for Tezos (XTZ) staking, according to an announcement published on Dec. 11. Starting on Dec 13., Kraken will enable its users to trade with XTZ and obtain instant financial rewards. To begin staking XTZ, users have […]
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Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin fund, the Napoleon Bitcoin Fund. Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund. The company announced in a press release that the fund was created on Nov. 8 and is a […]
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The Swiss Financial Market Supervisory Authority warned that blockchain tech increases the risk of money laundering in the country. The Swiss Financial Market Supervisory Authority (FINMA) warned the country that Switzerland is particularly prone to money laundering risks for reasons including the use of blockchain technology. In its first-ever yearly risk monitor report — published […]
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Social trading has the potential to introduce inexperienced consumers to the world of crypto. Here, we look at the pros and cons. Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and […]
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In fresh testimony to U.S. lawmakers, the head of the SEC touched on cryptocurrency policy, as well as the perceived benefits of its underlying technology. United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors. That was the formal view of Jay Clayton, […]
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