US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors
The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the U.S Attorney for the Southern District of New York have charged Ohio resident Michael Ackerman and two unnamed business partners with defrauding some 150 investors by claiming to offer "extraordinary profits" from a cryptocurrency trading scheme.
CME Says Bitcoin Futures Gaining Interest From Big Investors
CME Group, the Chicago-based exchange operator, said its bitcoin futures contracts grew in popularity last quarter, with the number of open contracts up 61 percent from a year earlier because of growing demand from institutional investors.
Grayscale sees investment double in Q2, says institutions 'invest with us all the time'
In a recent interview with The Block, a Grayscale executive noted that investment in the firm's trust products has doubled in Q2 and institutional investors have been "investing with us all the time."
The expert told how the legalisation of blockchain helps the government
‘Ukraine understands that the legalisation of blockchain technologies will help it attract new investments,” claims the co-founder of the legal startup Legal Nodes Nestor Dubnevich in his comment for LetKnow.News.
CME, Nasdaq, ICE ask UK regulator not to ban crypto derivatives for retail investors
The World Federation of Exchanges (WFE), which has over 70 members including giants such as CME Group, Nasdaq and Intercontinental Exchange (ICE), has urged the U.K.’s finance watchdog not to ban cryptocurrency derivatives for retail investors.
Telegram’s TON Blockchain Is on Track for Late-October Launch Date
Telegram Open Network (TON) is on track for its planned launch, according to an email from the company sent to TON investors on Wednesday.
Nets’ Spencer Dinwiddie Can’t Sell Shares in His Contract, N.B.A. Says
The N.B.A. on Friday notified the Nets’ Spencer Dinwiddie that he cannot use his contract as a digital investment vehicle, according to a league official.
Bitcoin Price Plunge Came From $1.2b Sell, Data Says Amid Hashrate Row
A giant Bitcoin transaction – possibly a sell-off – caused Bitcoin to drop to lows of under $8000 on September 24.
Bakkt’s Bitcoin Futures Already Open to Retail Investors, COO Says
After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading.
Trump’s Trade War May Be Driving Chinese Investors to Bitcoin
As the Chinese yuan falls in value due to factors like the ongoing trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin.
Overstock Loses Another Big Investor in Crypto Token Exchange tZERO
After a long courtship, Overstock’s security token platform, tZERO, has lost another potential investor.
Bitcoin vs Altcoins: community will witness a whole new wave of alts, says Charlie Shrem
Bitcoin has quite evidently dominated the ecosystem since the time of its origin. Bitcoin’s dominance and popularity in the financial world have quite often resulted in the community debating about altcoins. Several times strong correlations between the two have been witnessed. However, in a recent discussion by CNBC, early Bitcoin investor Charlie Shrem was asked if altcoins were dead and if it could finally be buried.
Poll Finds Chinese Crypto Investors Bullish on BTC
Over 30 percent of Chinese cryptocurrency investors polled predicted that the bitcoin price will surpass $30,000 over the next 12 months, according to a recent survey conducted by local crypto financing company BabelFinance.
BitGo Appoints Pete Najarian as Chief Revenue Officer
BitGo, the leader in digital asset financial services, today announced that Pete Najarian is joining the company as Chief Revenue Officer. Pete will be responsible for driving the company’s global sales strategy and execution, and will report to CEO Mike Belshe.
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019: Study
Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019.
IRS Sending 10,000 Tax Compliance Letters to Crypto Investors
The United States Internal Revenue Service (IRS) is sending letters to crypto investors to clarify crypto tax filing requirements and, in certain cases, compel them to pay back taxes. The IRS announced its letter campaign in a press release on July 26.
Exchange QuickBit Confirms Data Breach May Impact 300K Users
QuickBit, a Swedish cryptocurrency exchange listed on the NGM Nordic MTF market, allegedly leaked 300,000 customer records via an unprotected MongoDB database. The exchange confirmed the event in a series of updates on their investor relations board.
Expert: The Ones Who Did Not Want To Get Btc At $ 3,500 - Eventually Bought It For $7,000
The fall of the ICO market led to the closure of many hedge funds, but the active growth of Bitcoin stimulated the emergence of the new ones. That’s what in an exclusive interview for LetKnow.News said Maxim Ploskonosov, the managing partner of a cryptocurrency hedge fund White Castle Capital.
French Regulators Notice Uptick In Crypto-Related Complaints
French financial regulators have observed an increase in complaints regarding cryptocurrencies this year.
Grayscale Bitcoin Trust Is Still Destroying Gold, And Pretty Much Everything Else
Institutional investment product Grayscale Bitcoin Trust (GBTC) has exploded by more than 300% since its recent low on February 6, 2019, in spite of taking a big hit today.