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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Iran Declares Telegram Crypto Aspirations an Act Against National Security

Iranian officials have declared any cooperation with Telegram to develop a cryptocurrency to be an act against national security. The Iranian government has taken further steps against Telegram’s cryptocurrency development, the Tehran Times reports Dec. 31. Secretary of the Criminal Content Definition Task Force Javad Javidnia has declared that any cooperation with the encrypted messaging […]

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WSJ: Hundreds of Crypto Projects Show Signs of Plagiarism, Fraud and Improbable Returns

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 […]

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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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Crypto Assets to Be Regulated Differently in the US, Potential Impact on Industry

The United States government could regulate crypto assets and tokens differently than stocks and traditional assets. The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — […]

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