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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


Crypto Hedge Fund Holdings Spiked 40% in Q1 2019 to Whopping $14.4 Billion

By CCN. com: According to a Circle Research report, crypto hedge funds, private equity firms, and venture capitalists increased their holdings by almost 40% in the first quarter of this year. A massive quarter-over-quarter gain, the increases took place before the most recent “bull run,” which means that the same figure might see even larger gains for the second quarter and beyond. дальше »

2019-4-26 10:48


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Tech companies still care more about AI and IoT than blockchain

Blockchain might be the hot buzzword of the moment, but according to new research, it’s being bested by the Internet-of-Things (IoT) and artificial intelligence (AI). A recent survey conducted by identity management cloud software provider, Okta, found that digital firms are investing in AI and Internet-of-Things over blockchain, Cointelegraph reports. дальше »

2019-4-3 12:46


Paypal’s First Blockchain Bet: Digital Identity

Paypal has made a relatively small (for a $120+ billion company) in Cambridge Blockchain, which is a company focused on digital identity. Paypal’s First Blockchain Investment Cambridge Blockchain is working on a product that will amount to a digital passport: the user will be able to have strict control of who uses their data, but also be able to use it to verify themselves. дальше »

2019-4-3 01:42


TD Ameritrade Says US Stock Market Stability is Luring Investors, But Here’s Why the Dow Might Not Bounce Back

Throughout the past two weeks, analysts have generally attributed the recovery of Dow Jones to technical factors, expressing skepticism toward the sustainability of the U. S. stock market rally. This week, Shawn Cruz, a trader strategy manager at $30 billion brokerage giant TD Ameritrade, said that the sentiment in the U. дальше »

2019-2-12 23:10


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57


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Sketchy apps with more than 2 billion installs allegedly involved in click fraud

Chinese app developer Cheetah Mobile has been accused of running a major click fraud scam, using its Android apps which have a combined install base of more than 2 billion. BuzzFeed News reported that research from mobile analytics company Kochava found eight apps – seven from Cheetah Mobile and one from Kika Tech – misusing Android user permissions to gain referral earnings from app installs. дальше »

2018-11-27 13:13


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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme

Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7. 8 billion yen (approximately $68. 42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their. дальше »

2018-11-18 02:00


Industry Insiders: Institutional Money is Steadily Trickling into Crypto

According to multiple sources, there is already much more institutional money in the $220 billion strong cryptocurrency market that people might be aware of. Growth in OTC Trading Highlights Shift from the Retail to the Institutional The largest buyers of crypto were high-net-worth individuals who willing to take a risk on Bitcoin and other digital. дальше »

2018-10-1 23:00


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Billion Dollar ICO Industry Governed by Securities Law, Judge Rules

U. S. V. Zaslavskiy, 17-cr-0647, U. S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws. дальше »

2018-9-12 12:35


Bitmain Pre-IPO Investor Deck Reveals Huge BTC for BCH Bitcoin Swap, Are They Going Broke as a Result?

Crypto Rumor: Bitcoin Mining Giant Bitmain ‘Might' be Going Public via IPO Because they ‘are' Going Broke Bitmain Technologies, the cryptocurrency mining company, is filing for an initial public offering (IPO) potentially as high as $18 billion this September at a market capitalization of $40 to $50 billion. As one of the most valuable crypto […] дальше »

2018-8-12 08:40