Hodler’s Digest, Dec. 31 – Jan. 6: Top Stories, Price Movements, Quotes and FUD of the Week

A Georgian state senator reports to jail over alleged crypto mining equipment theft, and Bakkt closes a $182.5 million funding round. Top Stories This Week Georgia State Senator Reports to Jail Over Alleged Theft of Crypto Mining Equipment Republican state senator of Georgia has reported to jail in the United States for allegedly lying about […]

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Proof of Keys Event May Highlight Centralization of Crypto, but Some of Its Claims Are Unfounded

The Proof of Keys event raises questions over HitBTC, but questions also surrounds the event itself. Bitcoin celebrated its 10th birthday on Jan. 3, and in commemoration of this milestone, the very first Proof of Keys event was held. Organized by crypto investor and podcast host Trace Mayer, it urged cryptocurrency traders to withdraw their […]

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HitBTC Dismisses Allegations It Froze Accounts in Response to Proof of Keys Event

A representative of crypto exchange HitBTC told Cointelegraph that reported withdrawal blocks were part of international KYC and AML measures. Cryptocurrency exchange HitBTC has rejected allegations by some of the industry’s best-known figures that it was deliberately freezing user accounts, the company told Cointelegraph in an email Jan. 3. Responding to a request for comment, […]

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Pump-and-Dump Groups Become ‘Widespread’ as Market Remains Largely Unregulated

New research reveals the scope of crypto pump-and-dump schemes. The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very […]

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