Co-founder and Twitter CEO Jack Dorsey declared again that he believes Bitcoin will be the internet’s native currency. Co-founder and CEO of Twitter Jack Dorsey declared again that he believes Bitcoin (BTC) will be the internet’s native currency. Dorsey made his comments during an interview with American comedian and podcast host Joe Rogan published on […]
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20-year-old Joel Ortiz to serve 10 years in prison after pleading guilty to stealing $5 cryptocurrency with SIM swapping. After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of […]
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Messaging app Kik intends to take the fight to the SEC if regulatory action is taken against its 2017 token sale. Canadian-based social media startup Kik is gearing up to challenge a proposed enforcement action from the United States Securities Exchange Commission (SEC) over a fundraising initiative in 2017. The American securities regulator believes that […]
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Stuart Alderoty has already taken charge of steering legal and compliance procedures at Ripple, says the company. Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan. 30. Ripple, which has not had a general counsel of its own since […]
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Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk. Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25. Major Chinese digital payments providers, Alibaba’s Alipay and […]
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Kik says the SEC will be “doubling down on a deeply flawed regulatory and enforcement approach” if it pursues an enforcement action. Tokenized social media startup Kik has warned United States regulators that they would fight back against a proposed enforcement action against the company, the Wall Street Journal (WSJ) reported on Jan. 27. Canada-based […]
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The Malta Financial Services Authority has warned global investors against a scam scheme known as Bitcoin Revolution. The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25. According to the Maltese regulator, the alleged crypto scam […]
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Bitcoin at the epicenter of the battle for free speech. A number of online crowdfunding sites and wallet providers have been embroiled in controversy after a series of high-profile account cancellations associated with alt- and far-right views. Although the move to “deplatform” those seen to be allegedly promoting hate speech has received popular support, several […]
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Entrepreneur John McAfee used news of unknown charges against him to reiterate his belief in cryptocurrency taking tax power away from governments. United States entrepreneur and serial cryptocurrency advocate John McAfee has fled the country to conduct his 2020 presidential campaign, he said in a video statement Jan. 22. McAfee claims he has been indicted […]
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As controversial figures on the right find themselves deplatformed, they increasingly turn to crypto for fundraising. Cryptocurrencies were never apolitical. The fateful 2008 Satoshi Nakamoto treatise did not appear in an ideological vacuum: Notions of online privacy, proactive use of cryptography for protecting individual freedom, and denationalization of currency that informed the Bitcoin creator’s vision […]
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