US SEC Suspends Securities Trading of Nevada-Based Firm for False Crypto Claims

The SEC has stopped securities trading of a Nevada-based firm for making false claims that its crypto trading activities were registered with the regulator. The U.S. Securities and Exchange Commission (SEC) has suspended securities trading of a Nevada-based firm for making false claims that its cryptocurrency trading activities were approved by the SEC, according to […]

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Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements

An Australian company that aimed to raise $50 million to create a crypto exchange has shut down “in accordance with” local securities commission requirements. An Initial coin Offering (ICO) conducted by an Australian crypto startup Global Tech Exchange (GTE) has ceased operations, citing the Australian Securities and Investments Commission (ASIC) requirements, the company’s website reveals […]

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Hodler’s Digest: the Great Tether ‘Unpegging’ and Wozniak Gets Into Blockchain

Investment giant Fidelity is turning to digital assets services, and Steve Wozniak gets into blockchain. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]

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Heads of Bitmain, Binance and Other Crypto-Related Businessmen Among China’s Richest

Blockchain’s richest are becoming regular features in world-renowned wealth reports. The rise of blockchain technology and cryptocurrencies have made many people rich, but the world’s smartest entrepreneurs in the space are beginning to make waves among the world’s richest conventional business minds. The Hurun Research Institute released its annual China Rich List on October 10. […]

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Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a recent report reveals. Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study […]

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Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies

The Financial Action Task Force has introduced changes to its AML standards covering digital currency-related firms. The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19. Paris-based FATF, also known as Groupe d’action financière (GAFI), is an […]

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