Category: cryptocurrencies

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US SEC Hires In-House Attorney As New Chief Of Cyber Unit

United States SEC hires an in-house attorney as Chief of the Division of Enforcement’s Cyber Unit, tasked with protecting investors against cyber-related misconduct. The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from…
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Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2. Per the release, the exchange has already ceased operations on the old domain and the process…
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OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme

A domain registry says the ongoing legal investigation into OneCoin compelled it to freeze its website, years after critics first accused the scam’s operators of fraud. The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud. As MLM scam monitoring resource BehindMLM.com…
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US Lawmakers Want to Brand Libra a Security, Association Disagrees

Libra could face even more stringent requirements as U.S. lawmakers introduce a bill seeking to classify stablecoins as securities. A couple of United States lawmakers are looking to classify stablecoins as securities. With Libra considering adopting fiat-pegged stablecoins rather than a single token supported by a basket of national currencies, the proposed crypto project might…
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Bitcoin Price Retests $7.3K as Analyst Eyes New Bullish Futures ‘Gap’

A vacuum between futures’ weekly closing price and current BTC/USD levels could take Bitcoin as much as $600 higher next week, an analyst suggests. Bitcoin (BTC) fell back towards support at the $7,250-$7,300 level on Dec. 1 after its latest sudden uptick began to fizzle overnight.  Cryptocurrency market daily overview. Source: Coin360 Futures gap incoming…
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IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge

A California federal court has affirmed the legitimacy of the U.S. tax authorities’ summons for data from crypto exchange Bitstamp in connection with an individual tax reporting case. A California federal court has affirmed the validity of the United States Internal Revenue Service’s (IRS) request for data from crypto exchange Bitstamp in connection with an…
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Russia Reportedly Considers Ban on Using Crypto as Means of Payment

Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial…
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American Citizen Arrested For Educating North Korea On Blockchain And Crypto

Prosecutors announced the arrest of a U.S. citizen who traveled to North Korea to deliver a presentation on how to use blockchain and crypto to avoid sanctions. Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to…
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Here’s Where to Spend Crypto Online This Black Friday

As Black Friday 2019 gets underway, what are your options for getting the best bang for your Bitcoin? Black Friday is an unofficial “shopping holiday” that traditionally takes place the day after Thanksgiving Day in the United States. While the tradition originated in the U.S., it has since spread to all corners of the Earth…
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Study: Blockchain Can Reduce Food Fraud By $31 Billion Within 5 Years

By applying blockchain technology and IoT the food industry could save up to $31 billion in food fraud savings. The food industry could save up to $31 billion in global fraud savings by tracking food on its way from farms to consumers via the blockchain. A Nov. 25 study by Juniper Research reveals that blockchain…
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