At a hearing before Congress today on the rise of alternatives to cash, crypto took centerstage, with many representatives clearly invested in learning more about the space. Congress clearly has crypto on the brain, with the question of regulation being a matter of when. At a Jan. 30 hearing before the Fintech Task Force, a […]
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Andreas Antonopoulos has filed an affidavit with a New York court in support of a firm looking to spearhead the class action against Bitfinex over 2017 BTC price manipulation. One of the biggest names in crypto has joined in an ongoing argument about who will lead the class-action suit against Bitfinex and its affiliates over […]
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On Jan. 27., the Securities and Exchange Commission (SEC) fortified its case against Telegram, calling its Gram token less valuable than donuts. On Jan. 27., the Securities and Exchange Commission (SEC) fortified its case against Telegram, saying its Gram token is worth less than donuts. The SEC’s counter In the latest in their battle with […]
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Total darknet market sales in crypto hit a new high in 2019, for the first time surpassing $600 million, according to a new study by Chainalysis. The volume of cryptocurrency flows coming on darknet markets have doubled for the first time in four years, a new study says. In part of its 2020 Crypto Crime […]
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Research by U.S. think tank Atlantic Council suggests that OneCoin leveraged fake reviews on TrustPilot and Quora to lure investors. Research conducted by the Digital Forensic Research Lab (DFRLab) of the Atlantic Council think tank suggests that the infamous cryptocurrency-themed Ponzi scheme OneCoin used fake reviews on TrustPilot and Quora to lure investors. According to […]
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An act regulating cryptocurrency firms comes into effect on Jan. 28 in the Republic of Singapore. Legislation regulating the operations of cryptocurrency firms in Singapore comes into effect today, Jan. 28. The new Payment Services Act will regulate cryptocurrency payments and trading enterprises under some aspects of the regulatory regime that currently governs traditional payment […]
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Gemini Europe, — the U.K. and EU affiliate of the Winklevoss twins’ crypto exchange Gemini — has appointed a new chief compliance and money laundering reporting officer. Gemini Europe — the United Kingdom and EU affiliate of the Winklevoss twins’ United States-based crypto exchange Gemini — has appointed a new chief compliance and money laundering […]
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A New York judge has ordered that the four class-action lawsuits against Bitfinex for 2017 manipulation of the Bitcoin market are now one, though leadership remains uncertain. The four class-action suits against Bitfinex, Tether and parent company iFinex over alleged market manipulation leading to Bitcoin’s (BTC) 2017 bull market have been consolidated — with implications […]
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The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, and ethics watchdogs are on guard. The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, with ethics watchdogs on guard. Senator files extension Loeffler filed an extension that would give her until May 5 to submit […]
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There is more talk about stablecoins in the crypto universe and big-time financial institutions, govs and startups are launching their own digital assets. Could 2020 be the year of stablecoins? For most people, the word “stablecoin” brings to mind cryptocurrencies like Tether or Libra. However, there are many versions of stablecoins — ranging from those […]
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