A rollercoaster weekend trading session saw BTC/USD retake levels not seen since March 2018. Bitcoin (BTC) was holding steady around $10,850 on June 24 after a fresh surge took it above $11,000 for the first time in over a year. Market visualization courtesy of Coin360 Data from Coin360 showed a slight correction kicking in for […]
Continue Reading
The SEC is still wary of ICOs, but recent changes to its guidelines show it’s learning to accept them. Initial coin offerings (ICOs) may be less fashionable than security token offerings (STOs) right now, but that hasn’t stopped the United States Securities and Exchange Commission (SEC) from keeping its beady eye trained firmly on them. […]
Continue Reading
Circle plans to ensure it is protected against malicious trading schemes and on the right side of regulators. Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27. Nice Actimize, which forms a branch of Israeli enterprise software giant Nice […]
Continue Reading
Solidus Labs, a trade surveillance firm backed by Goldman Sachs fintech veterans, raised $3 million from Hanaco Ventures. Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20. Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs fintech engineers. […]
Continue Reading
Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
Continue Reading
A recent study by the WSJ has revealed that hundreds of crypto offerings showed signs of fraudulent activity, improbable returns and plagiarism. Recent research by the Wall Street Journal published Dec. 27 revealed that hundreds of cryptocurrency offerings showed signs of fraudulent activity, improbable returns and plagiarism. In the course of its research, the WSJ […]
Continue Reading
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 […]
Continue Reading
A new study has identified 4,818 cryptocurrency pump-and-dump groups on popular messaging apps Telegram and Discord. There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18. Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate […]
Continue Reading
A recent study by Imperial College London analysts claims that crypto pump and dump scams account for $7 million in trade volume each month. A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed […]
Continue Reading
This week in crypto, T.I. is sued for allegedly pumping and dumping a token, and Charlie Shrem is sued for alleged theft of 5,000 BTC. 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, […]
Continue Reading