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What California ban on forced crypto liquidation really means
California Governor Gavin Newsom signed SB 822 into law on Oct. 11, making it the first state in the US to prevent the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property Law to require that dormant crypto turned over to the state be held as crypto, not automatically converted to cash. дальше »
2025-10-16 13:52 | |
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Crypto.com donates $1m to support LA wildfire relief efforts
Crypto.com has announced it will donate $1 million to support relief efforts following the wildfires that have ravaged California. Specifically, Crypto.com, creator of Cronos (CRO), will donate $1 million to the Los Angeles Fire Department Foundation, the California Fire Foundation,… дальше »
2025-1-17 21:38 | |
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California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies
The Governor of California, Gavin Newsom, has vetoed a proposed bill that seeks to create license requirements for crypto companies in the state. The post California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies appeared first on BeInCrypto. дальше »
2022-9-26 14:52 | |
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California's Attorney General Warns People to Be Wary of Crypto Scams
California authorities recently came out with a fresh cautionary statement on crypto crime.
дальше »2020-8-8 21:12 | |
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Crypto Mining GPU Manufacturer, NVidia Petitions Court to Toss Out $1 Billion Class Action
NVidia has petitioned the California court to dismiss the class action suit made by its investors. The lawsuit against the firm’s top brass alleges that they understated more than $1 Billion in revenue between 2017 and 2018 from crypto mining GPUs instead of owing it to the gaming sector. дальше »
2020-7-2 20:54 | |
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University of California Falls Prey to $1.15M Crypto Ransom Scam
It’s no secret that the crypto industry is rife with scams, hacks, and other nefarious activities, with the decentralized and private nature of many digital assets being conducive to these types of undertakings. дальше »
2020-7-1 05:00 | |
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Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering
Cryptocurrency derivatives exchange BitMEX is at the center of fresh legal troubles and is being sued in the United States. According to a complaint filed with the U.S. District Court for the Northern District of California, San Francisco Division, BMA LLC — the plaintiff — is suing BitMEX for alleged money laundering, wire fraud, and […] The post Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering appeared first on BeInCrypto. дальше »
2020-5-19 01:15 | |
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BitMEX has been Hit with a New Lawsuit
A US Court has filed a lawsuit against crypto derivatives platform BitMEX, with accusations ranging from wire fraud and money laundering. BitMEX could be facing another court battle after a new lawsuit was filed against it at the US District Court for the Northern District of California. дальше »
2020-5-19 17:55 | |
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U.S.: Lawmaker Proposes Securities Exemption for Crypto Tokens
A bill introduced by a lawmaker of the California Assembly is proposing an exemption of select crypto assets from California’s securities laws. Crypto Tokens May Enjoy Exemption From Securities Law in California According to a proposed bill by Democrat Ian Calderon and amended in the California Assembly on May 4, 2020, the lawmaker asked theRead MoreRead More. дальше »
2020-5-9 22:07 | |
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Crypto Ransomware Paralyzes California School District
A crypto ransomware attack shut down the Mountain View-Los Altos school district servers and phone system on Wednesday. The malicious software demanded Bitcoin as ransom to restore service. District Operations Have Been Frozen By shutting down file access on the district’s servers, the crypto ransomware has created tremendous problems for teachers and administrators. дальше »
2020-2-2 22:00 | |
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Crypto CEO Wants to Buy Mexico’s Presidential Jet With Amero Tokens
Mexico-based crypto exchange operator Isatech intends to buy the country’s presidential jet for $138 million worth of tokens and a large piece of land, among other things. Crypto Company Wants to Use its Tokens to Buy Aircraft If Isatech’s bold plan succeeds, it means the Mexico government would end up with hundreds of billions of Amero tokens (AMX), and between 1,400 and 2,400 hectares of land in the state of Baja California Sur. дальше »
2020-1-22 01:00 | |
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Ripple Dealing with Lawsuit in California that May Shed Light on $500B XRP Crypto Market
Coinspeaker Ripple Dealing with Lawsuit in California that May Shed Light on $500B XRP Crypto MarketAn end to the lawsuit against Ripple hasn't been put yet. But when it is, will it affect the XRP price? That's an interesting case to observe. дальше »
2020-1-16 14:25 | |
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Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California
With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly available in the greater Sacramento, California […] The post Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California appeared first on Bitcoin News. дальше »
2020-1-14 09:15 | |
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AT&T Can’t Deny Part In $1.8M Crypto Theft, Tech Adviser Says
Seth Shapiro sued AT&T for allowing hackers to steal $1. 8m in crypto and said that their claims of failing to prevent the theft are not sufficient. Seth Shapiro vs. AT&T Back in October 2019, the crypto world witnessed a rather unique case, where blockchain entrepreneur, and two-time Emmy-winning tech consultant, Seth Shapiro, from California, filed a lawsuit against US telecom giant, AT&T. дальше »
2020-1-10 14:00 | |
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Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom
Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […] дальше »
2019-12-8 19:05 | |
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Cheapair.com users can pay in Ethereum with a MetaMask add-on
Cheapair. com, a California based travel service provider has added support for Ethereum as payment for its flight-booking services as reported by Travolution. The firm has been among very few travel service providers who allow users to make crypto payments for flights and hotels bookings. дальше »
2019-8-1 23:31 | |
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Crypto Doesn’t Better the Lack of Financial Inclusivity in the U.S. Reports Lawyer
University of California Irvine School of Law’s law professor and practicing lawyer, Mehrsa Baradaran supposedly presented her arguments as to why cryptocurrencies aren’t the solution to the flaws associated with the financial system to the United States Senate Committee on Banking, Housing and Community Affairs. дальше »
2019-7-30 21:47 | |
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Banking Expert Tells Congress: Government Reform Can Kill Bitcoin
Cryptocurrencies only exist because of failures in the traditional financial system, according to a leading banking scholar. In a hearing before the Senate Banking Committee, Mehrsa Baradaran said that financial reforms could cause cryptocurrencies to fade into obscurity, effectively killing Bitcoin (BTC). дальше »
2019-7-30 17:47 | |
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Multiple Complaints Filed On Unlicensed BTC-e By US Prosecutors For Conspiracy, Money Laundering
As per an all-new court document made available by the Northern District of California, US prosecutors have filed a formal complaint against BTC-e — a crypto exchange that is now defunct — as well as its alleged owner Alexander Vinnik. дальше »
2019-7-28 18:57 | |
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Maxine Waters Grills Fed Chair Powell on Trump - And Crypto
After grilling Federal Reserve Chairman Jerome Powell on Capitol Hill about his agency’s response to Facebook's Libra "cryptocurrency," US Representative Maxine Waters finished her questioning by asking the central banker what he would do if Donald Trump “fired” him. дальше »
2019-7-10 18:35 | |
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ShortHop crypto asset marketplace now available in California, Washington, Illinois
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceVelocity Markets, a provider of technology solutions to investors in digital asset markets, today has announced the launch of ShortHop, a new crypto-asset marketplace in three states. дальше »
2019-7-10 17:52 | |
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Bitcoin ATMs Installed at 20 Circle K Convenience Stores in Western US
By CCN Markets: For once, we’re not talking about California or New York when we discuss a significant expansion of retail crypto availability. Instead, we’re talking about Arizona and Nevada, where a block of 20 Circle K convenience stores now host bitcoin ATMs from DigitalMint. дальше »
2019-6-22 01:00 | |
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Your Cryptocurrency Of Choice – Bitcoin, Ethereum Or XRP?
Entrepreneur and crypto advocate Jesse Torres Asks BTC, ETH, or XRP? Jesse Torres is an entrepreneur and host of the radio show “Money Talk” on KCAA in Southern California. He is also the co-creator of the YouTube channel “Two Men In Your Business” and a huge cryptocurrency advocate. дальше »
2019-6-6 14:17 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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SEC Sues California Operator Behind $26 Million Crypto Pyramid Scam
By CCN: On Thursday, the U. S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in the case is Daniel Pacheco, 45, a resident of San Clemente, California who has been charged by the SEC with selling unregistered securities as well as operating a multimillion-dollar cryptocurrency pyramid scheme. дальше »
2019-5-28 09:16 | |
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Dark-Horse Trump Rival Pumps Crypto, Aims to Make US a Bitcoin Nation
By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House. дальше »
2019-5-24 21:36 | |
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Teenage California Crypto Thieves Pinch $35 Million in SIM Swap Scam
By CCN: Hackers, many in their teens, have drained the accounts of more than 50 Californian victims in a $35 million SIM swap heist. Officials estimate that in total, $50 million has been stolen in related attacks around the US since the beginning of 2018. дальше »
2019-5-23 15:59 | |
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Why Would an Anti-Bitcoin US Congressman Want a Bill to “Outlaw” Cryptocurrencies?
Sherman says, “nip this (Crypto) in the bud” as it undermines the US Dollar He says Cryptos are mostly used by criminals The Democrat Congressman from California, Brad Sherman, a bitcoin basher recently at a meeting of the House Financial Services Committee on May 9 called out for a legislation that will make it illegal […] дальше »
2019-5-21 03:04 | |
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US Rep. Brad Sherman Wants to Ban Crypto Purchases, But One Presidential Candidate Disagrees
Former Congressman and current presidential candidate Ron Paul disagrees with possible ban on cryptocurrency purchases. Paul says the best approach to cryptocurrency is a light-handed one. With cryptocurrency being such a hot topic in multiple entities of the government today, decisions need to be made soon. дальше »
2019-5-14 04:06 | |
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Crypto Asset Investor Receives $75.8 Million in SIM Swapping Case in California Superior Court
In the United States, the crypto investor Michael Terpin won $75. 8 million in a civil case against Nicholas Truglia, who defrauded him of crypto assets. The information was reported by Reuters on May 10. дальше »
2019-5-12 19:20 | |
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SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency
SEC commissioner Hester Peirce—the highest position in the agency second to the chairman—implored the Commission to provide regulatory clarity to the crypto industry. At the Securities Enforcement Forum in Palo Alto, California, Peirce urged the Securities Exchange Commission to take action on crypto: “It is not the SEC’s overzealous action that has stifled the crypto […] The post SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency appeared first on CryptoSlate. дальше »
2019-5-11 18:24 | |
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John McAfee Brands Banker-FUDed Paranoid US Congressman ‘Crypto Dracula’
By CCN: U. S. Congressman Brad Sherman’s call to ban cryptocurrencies has been labeled as ‘FUD’ by anti-virus software guru and crypto influencer John McAfee. The cryptocurrency maverick who is also vying for the U. дальше »
2019-5-10 17:51 | |
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Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry
By CCN: ‘Crypto Mom’ and SEC commissioner, Hester Peirce, has extended yet another olive branch to the cryptocurrency community. Speaking at the Securities Enforcement Forum in California on May 9th, Peirce said officials should be wary of stifling creativity with overzealous regulation. дальше »
2019-5-10 15:04 | |
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Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies
By CCN: Bitcoin-bashing Democrat Congressman Brad Sherman is urging his colleagues to pass a law that would ban cryptocurrencies in the United States. “I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud. дальше »
2019-5-10 06:58 | |
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Statistics Show XRP is more Popular Than Bitcoin Among Crypto Users in California
Although XRP has faced significant price setbacks in 2019, at least it has something to boast about – more popularity than Bitcoin in California. According to data from Uphold’s Transparency Report, XRP is the most popular cryptocurrency in the American state of California with most transfers going to Brazil, Venezuela and the American states of […] The post Statistics Show XRP is more Popular Than Bitcoin Among Crypto Users in California appeared first on ZyCrypto. дальше »
2019-5-2 10:12 | |
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California: 21-Year Old Sim Swapping Thief Sentenced to 10 Years in Prison for Stealing $7.5m in Crypto
Joel Ortiz, a 21-year student at the University of Massachusetts Boston, was sentenced to 10 years in prison by Judge Edward Lee of the Santa Clara County Superior Court. Ortiz was convicted of stealing $7. дальше »
2019-4-25 13:59 | |
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Trump’s FinCEN Pirates Extort $35,000 from Old-Fashioned Bitcoin Trader
By CCN: For the first time, FinCEN – the Financial Crimes Enforcement Network – has fined a peer-to-peer Bitcoin trader for failure to register as a money services business. MSBs fall under FinCEN’s regulation, and according to FinCEN, Eric Powers, reportedly a resident of California, willfully violated registration requirements. дальше »
2019-4-19 18:45 | |
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FinCEN Fines California Man For Operating Illegal Crypto Exchange
In what is being called a first, the Financial Crimes Enforcement Network has fined Eric Powers of California $35,000 for operating an illegal bitcoin exchange, failing to register as a money transmitter, and not filing currency transaction reports. дальше »
2019-4-20 17:20 | |
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California’s Thor Blames Regulators for its Own $21 Million Demise
Regulators can be blamed for just about everything. The team behind the Thor token is pointing the finger at them for the shuttering of their own operations. However, given Thor raised an impressive $21 million for its crypto project just last year, the excuse is falling on many deaf ears. дальше »
2019-4-15 10:00 | |
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LA Times begins accepting crypto tips as a verified Brave Browser publisher
The Los Angeles Times, the fourth-most circulated newspaper in the US, recently signed-up as a verified Brave Browser publisher. The publication will now start receiving tips and recurring contributions in Basic Attention Token. дальше »
2019-4-14 03:42 | |
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Crypto Skeptic Nicholas Weaver Says Only Way To Win In Crypto Is Not To Play
Nicholas Weaver, researcher at the International Computer Science Institute and lecturer in the computer science department at the University of California, Berkeley, talks about the problems associated with cryptocurrency and blockchain technology, Ross Ulbricht, how crypto changed his worldview, and the demise of the industry. дальше »
2019-4-10 20:31 | |
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