Veritaseum has been ordered to pay an $8 million disgorgement fine for selling unregistered securities by a New York Eastern District Court. The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable…
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Stellar’s XLM not only came back among the top 10 coins by market capitalization, but it made a grand entrance too, following a string of developments and announcements, among which a network update and a listing on an infamous exchange. Stellar pushed out Tron (TRX) from the 10th spot on the list of top 10…
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Well, it may be autumn in the streets, but that crypto fall that lasted for three months is over. At least for now. Unlike in September, we are seeing the market painted green this time around, with even Bitcoin (BTC) ending its losing streak. And just as they fall significantly, the coins tend to bounce…
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Bitcoin price has closed October green, a first since June, and now has key moving averages on track to cross bullish in November. Bitcoin price (BTC) closed out October at $9,150, which represents the first monthly gain since June. October also brought new lows of $7,300, which was met with a memorable swing of around…
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Hackers took over BitMEX Twitter, and claimed responsibility for the earlier leak of 30,000 email addresses. BitMEX says all customer funds are safe. Hackers took over the Twitter account of cryptocurrency exchange BitMEX after the previously reported leak of customer email details on Nov. 1. The exchange claims that, although its Twitter account was hacked,…
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Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association. Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the…
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An “outlier” value resulted in BTC/USD temporarily hitting $1,700 less than the market rate, during which traders lost money. Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation. In a tweet on Nov. 1, Deribit recognized its role in the error, which…
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Bitcoin and crypto derivatives exchange BitMEX is implementing major changes to the weights of its price indices later this month. Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1. The exchange says the update is a bid to ensure…
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Many believe that China’s digital fiat will arrive soon, but South Korea, one of the Middle Kingdom’s closest neighbors, has all but ruled out issuing its own digital token – and states that digital fiats are still a way off. In the private sector, though, the pace of banking innovation just continues to intensify. The…
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In the past few sessions, bitcoin mostly traded in a range above the USD 9,000 support levels. BTC/USD made a couple of attempts to start a fresh increase above the USD 9,300 and USD 9,400 resistance levels, but it failed to continue higher. Likewise, many major altcoins struggled to resume uptrend and either corrected further…
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