Tag: News

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Constitutional Court to Rule on Legality of South Korean Crypto Ban

South Korea’s Constitutional Court is set to pass judgment on the legality of measures taken by the country’s government during its partial crypto crackdown of late 2017 to 2018. Seoul intervened with a series of emergency measures during the late 2017 bull run, which saw a massive spate of South Korean individual investors of all…
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South Korean Crypto YouTuber’s Attacker Flees to Australia + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crime news There have been further developments in the case of a South Korean cryptocurrency YouTuber who was left badly injured and handcuffed to a railing on an elevator by two…
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China Hopes New Book Will Verse Communist Party Members in Crypto

Digital Currency: A Reader for Cadres The Communist Party of China (CPC) wants high ranking government staff to learn about cryptocurrency and blockchain – and has approved the release of a new book specially designed for its cadres. The 200-page book was published in November last year and is named Digital Currency: A Reader for…
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Japanese Crypto Exchanges Might be Left Without Their Golden Goose

Japan’s cryptocurrency community could be set for a shock following reports that the government is likely to accept regulatory proposals that would see leveraged trading caps slashed by 50% at the country’s crypto exchanges. Per a number of leading Japanese media outlets, including Nikkei on Friday and Jiji (via the Japan Times) over the weekend,…
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A Lawsuit Against Bitfinex and Tether Dismissed by Plaintiffs

The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit. Filed in the Western District of Washington court on January 7, the Notice of Voluntary Dismissal states that plaintiffs Eric  Read more…
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Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame

The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds. The man stated that AT&T neglected to make “sufficient data security systems and procedures,” allowing contract employees to hack…
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Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials

Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors. BUX says the move will help address “the investing needs of European millennials.” The fintech firm plans to rename the platform BUX Crypto, and wants to make it available to…
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Russian Oil Industry ‘Waits’ as Medvedev Says Token Regulation Needed

Dmitry Medvedev. Source: a video screenshot, Youtube, naiumeedlivestream Russian Prime Minister Dmitry Medvedev has underlined the need for his country to introduce digital asset token regulation at a legislative level, but says Moscow must take time to find a tailor-fit solution. And there are indications that government-owned oil and gas companies may seek to introduce…
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Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit

Mark Karpeles. Source: a video screenshot, Youtube, CANAL+ The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene. Greene filed the original complaint against Karpeles in Illinois in 2014, claiming that…
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Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news South Korean market-leading exchange Bithumb is set to launch a second domestic trading platform, reports Newsway. The new platform will be based in Busan, the country’s second city  Read…
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