SEC Chairman: lawyers not telling about “token equals security” principle are unacceptable
While previous SEC’s claims on ICOs were mostly about scammers or unfair businessmen, this one is dedicated to those lawyers who instead of doing their actual work just serve as figures which provide additional credibility to projects
23 January 2018 21:00, UTC
IOTA hack: $4 mln stolen
The main tool of the hackers were 3rd-party websites offering to generate “random” keys - and it seems that those keys were not so random after all. This collective mistake of users led to $4 million losses and quite possibly, comparable reputational costs for the IOTA team
23 January 2018 21:00, UTC
IMF not thrilled about people borrowing money to buy cryptos
European and Asian countries together with the United States will discuss joint cryptocurrency regulation on G20, and the International Monetary Fund representative decided to support the emerging trend of collaborative supervision, it seems
22 January 2018 21:00, UTC
bitFlyer gets EU’s Payment Institution license - now it’s compliant with Japanese, US and European laws
bitFlyer became probably the world’s most compliant cryptocurrency exchange, as the media notes. Read below to see who gave the Payment Institutions license and what the company itself thinks on the event
22 January 2018 21:00, UTC
Europol Executive Director: criminals start to use altcoins more often than Bitcoin
Due to the big popularity Bitcoin now has, criminals and hacker groups will move to altcoins similar to Monero and other privacy-focused digital currencies, reports say. Rob Wainwright, Executive Director of Europol, confirms this on his Twitter
22 January 2018 21:00, UTC
Reports: People’s Bank of China forbids local companies engagement with cryptocurrency
The Chinese central bank has never been a fan of cryptocurrencies and has a stable policy, which means only one thing: the crypto market in China will die unless they suddenly change their mind. Recent reports tell about yet another prohibitive measure
21 January 2018 21:00, UTC
Alleged BTC-e money launderer Alexander Vinnik requests political asylum in Greece
Alexander Vinnik, Russian citizen, who until recently lived in Greece, is accused of serious financial crimes by several U.S. law enforcement agencies. Find out why he has requested political asylum
21 January 2018 21:00, UTC
Opera pre-installs new anti-mining measure in its ad blocker
In full accordance with previously voiced plans, the development team of Opera releases a set of measures intended for blocking in-browser mining scripts, to prevent a threat of tomorrow today
21 January 2018 21:00, UTC
Pavel Durov: don’t fall for scams related to Telegram ICO and Gram tokens
Unconfirmed news messages on the Telegram messenger ICO have filled the media lately, and the founder of Telegram Pavel Durov, who, by the way, has successfully invested in cryptocurrency, had to speak out after scammers started to appear
21 January 2018 21:00, UTC
OneCoin office searched by Bulgarian police
The Ponzi scheme posing as cryptocurrency has managed to infuriate several European authorities, with Bulgarian financial crimes enforcement agencies lately joining the group
21 January 2018 21:00, UTC
Indian banks suspend accounts of major crypto exchanges
India's largest banks have suspended accounts belonging to local major crypto exchanges as bitcoin price dropped on Sunday morning
20 January 2018 21:00, UTC
U.S. Treasury Deputy Secretary: cryptocurrencies are an evolving threat
Sharing the sentiment of the U.S. Treasury Secretary, the Deputy Secretary, too, thinks that Bitcoin and other cryptocurrencies are too engaged in financial flows of criminal money transferred into this network for further anonymization
18 January 2018 21:00, UTC
Choi Heung-sik, South Korean FSS: the regulator employees were indeed involved in insider trading
The local South Korean news message tells that the head the Financial Supervisory Service openly admitted that staff in the service indeed made profits on insider trading, no confirmation from American media yet
17 January 2018 21:00, UTC
New Congress bill dedicated to fintech task force, cryptocurrency directly mentioned
The new draft law offered for Congress to review is dedicated to a new team which will monitor and prevent illicit activities connected with digital currencies to combat terrorism. Members of the team will include both officials and private firm representatives
17 January 2018 21:00, UTC
Research: Markus and Willy, bots at Mt Gox, multiplied the BTC price by 10 back in 2013
Bitcoin’s current immaturity is nothing like it immaturity during the first years of its existence. Looks like the scale of Mt Gox frauds is still being assessed. To find out how Mt Gox is connected to frauds this time, read the news below
16 January 2018 21:00, UTC
Jean-Pierre Landau, former BOF Deputy Governor, now responsible for crypto regulations in France
The former Deputy Governor of Bank of France Jean-Pierre Landau is going to lead the cryptocurrency regulation team established by Bruno Le Maire, who himself leads the country’s Ministry of Economy. See if Landau is a Bitcoin advocate or a Bitcoin skeptic
16 January 2018 21:00, UTC
Herman Gref: cryptocurrencies “should not be banned under any circumstances”
During the Gaidar Forum, the head of Sberbank has demonstrated his long-standing support for fintech and once again warned that under no circumstances should the laws which can “bury what we have right now” be implemented. Meanwhile, the traditional media notes: Bitcoin has plunged by 25% and even reached the values around 11,000 USD
16 January 2018 21:00, UTC
AUSTRAC reminds crypto exchanges about illicit finance tracking obligations
The regulator responsible for prevention of money laundering and terrorism finance tells the cryptocurrency exchanges to identify customers, report any suspicious activities and keep records of transactions
16 January 2018 21:00, UTC
BitConnect closes its exchange platform after regulators’ warnings
Due to the number of reasons, the cryptocurrency exchange platform of BitConnect is closing, and DDoS attacks together with discontent of the notable market figures might have contributed to the sad fate of this organization as well
16 January 2018 21:00, UTC
Brazilian funds prohibited to invest in cryptocurrency
Yet another prohibitive initiative by the government, now the Brazilian one. The local securities and exchange commission is the one prohibiting
15 January 2018 21:00, UTC