News about Bitcoin, ICO, Blockchain Technology, investment, mining
CEO: Bitcoin Halving Will Hugely Push The Entire Cryptocurrency Market Upwards
Bitcoin Suisse CEO, Arthur Vayloyan sets out a bullish expectation for cryptocurrency in 2020. And while many investors are feeling a sense of frustration over Bitcoin’s failure to recapture the all-time high, Vayloyan reminds us that many positive developments are occurring in the background, which will likely add to upside pressure. Not forgetting Bitcoin’s halving in May.
Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
Plaintiffs in three separate putative class action lawsuits against Bitfinex and Tether have moved to consolidate their cases, according to a Thursday court filing.
Telegram CEO’s 18-Hour Deposition Transcript Is Published Online
Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018.
Bitcoin miners made an estimated $5 billion in revenue during 2019
The world's bitcoin miners brought in an estimated $5 billion in revenue during 2019.
US SEC Charges Convict and Associates for $30M Fraudulent ICO
The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).
Oklahoma lawmaker proposes state-chartered crypto depository
A lawmaker in the U.S. state of Oklahoma has proposed creating a state-chartered financial institution that, if approved, would serve as "the central depository for virtual currency used by governmental agencies in this state."
Confirmed: Craig Wright doesn’t have keys to $8 billion of Bitcoin
Craig Wright’s lawyer confirmed to Decrypt today that Wright does not possess—nor even claim to possess—the private keys that can be used to spend $8 billion of Bitcoin that Satoshi Nakamoto mined in Bitcoin’s early days.
Blockchain Dispute Resolution Firm to List On London Stock Exchange
A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange.
CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case
Patrick McDonnell was sentenced to 33 months in federal prison Thursday after pleading guilty to charges of defrauding investors in his crypto trading firm CabbageTech, otherwise known as Coin Drop Markets.
Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank.
Most Canadian crypto exchanges likely fall under securities laws, according to new guidance
New guidance from the umbrella group for Canadian securities regulators indicates that many of the country's crypto exchanges will fall under national securities laws.
36% Of U.S Smes Now Accept Cryptocurrency Payments
About one-third of US-based small and medium-sized enterprises (SMEs) accept cryptocurrency as a payment for their goods and services, according to a survey commissioned by American insurer Hartford Steam Boiler (HSB), a subsidiary of German Munich Re.
Huobi Joins Blockchain Turkey Platform to Boost Local Ecosystem
Major crypto exchange Huobi becomes a member of the Blockchain Turkey Platform to cooperate with local players on blockchain efforts.
Crypto asset manager Grayscale posts its best year with over $600 million in investments
Crypto asset management giant Grayscale Investment brought in more than $600 million from investors during 2019.
Chainalysis traced $2.8 billion in bitcoin being sent to crypto exchanges by criminals last year
Blockchain analytics firm Chainalysis said Wednesday that it traced $2.8 billion in Bitcoin being sent by criminals to crypto exchanges in 2019, with the bulk of those transactions going to Binance and Huobi.
NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum
NBA’s Sacramento Kings has partnered with blockchain software development studio ConsenSys to release a sports gear auction platform built on the Ethereum blockchain.
Bithumb dispute taken to Tax Tribunal
Korea's leading cryptocurrency exchange Bithumb filed a complaint with the Tax Tribunal against the National Tax Service (NTS) over what it considers a "groundless" tax the agency imposed on its customers, the company said Friday.
Team Behind Foin Token Scheme Explains Catastrophic Price Drop
The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.
JPMorgan Spinoff Kadena Launches Public Blockchain, Integrates Wallet to Cosmos Network
Crypto startup Kadena’s public blockchain launched Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts.
Malaysian SC Mandates Token Sale on Registered IEO Platforms
The Securities Commission Malaysia (SC) on Wednesday published detailed guidelines for the digital asset industry, mandating token sales on initial exchange offering (IEO) platforms.
Bitcoin Eyes $9K After Biggest Single-Day Rise in a Month
Bitcoin jumped sharply on Tuesday, violating key resistance and opening the doors for a test of a widely followed technical line above $9,000.
U.N. sanctions experts warn - stay away from North Korea cryptocurrency conference
United Nations sanctions experts are warning people not to attend a cryptocurrency conference in North Korea in February, flagging it as a likely sanctions violation, according to a confidential report due to be submitted to the U.N. Security Council later this month.
Mediterranean Olive Oil Producer Uses IBM Blockchain to Fight Food Fraud
CHO, one of the largest olive oil producers in the southern Mediterranean, announced on Jan. 14 that it is using IBM’s blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. The company is the latest major food provider to join IBM’S Food Trust Network.
IBM and Chef Aarón Sánchez Bring Food to the Blockchain
Chef Aarón Sánchez and IBM teamed up at CES 2020 to create a vision of a blockchain-based food chain. IBM's Food Trust project, of which Sánchez is a part, aims to allow growers, grocers and cooks to track their food from seed to plate.
Texas Securities Board Added Cryptocurrencies to List of Top Threats to Investors
Texas regulators have included cryptocurrencies in their list of top threats to investors, according to the latest Texas Investor Guide.
The FBI Is Now Reaching Out to QuadrigaCX Victims
The FBI is emailing QuadrigaCX victims, confirming the federal agency is investigating the circumstances around the Canadian crypto exchange's collapse.
WeChat mini programs are becoming a lot more important for Tencent
WeChat is already China’s most popular social platform, but Tencent seems eager to make even more money from its ubiquitous app. It plans to achieve this with a not-so-secret weapon: Mini programs.
Fidelity Investments' crypto arm makes first push into Europe
The cryptocurrency arm of Fidelity Investments, one of the world’s largest investment managers, has launched its first foray into Europe, opening a new front in efforts to drag digital money into mainstream investing.
Bitcoin-Like Digital Asset Ranks Fourth Among Chinese Investor’s Favorite Investment Products
Digital asset represented by Bitcoin has ranked fourth on the popularity list for Chinese investors, according to a recent report by Duxiaoman Financial, China’s search giant Baidu’s fintech arm that provides short-term loans and investment services.
Analytics Firm Training Students to Detect Cryptocurrency Scams
Cryptocurrency analytics firm CipherTrace has launched “Defenders League,'' a program designed to provide students with the training and tools necessary to investigate crypto-related scams.
US Treasury to Complete PoC of Blockchain-Based Grants Payment System
The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations.
Telegram Will Release Bank Records to SEC in Ongoing Gram ICO Case
Telegram will release bank records that the United States Securities Exchange Commission believes will prove misconduct in the latter’s $1.7 billion offering of Gram tokens.
Christine Lagarde: ECB will continue to assess the costs and benefits of issuing a central bank digital currency
Coinmine CEO talks crypto mining and why good user experience is so important for adoption
CoinField CEO: I Love to Think XRP Would Soon Become Global Reserve Currency
The top 6 reasons to start tracking your crypto
How blockchain copyright protection will thwart pirates
Three Cryptocurrency Regulation Themes For 2020 – And The Flawed Premises Behind Them