California regulators order MyConstant to cease crypto-lending services

The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.

315 +

Australian regulator suspends Holon Investments’ Bitcoin, Ethereum, Filecoin funds

The Australian Securities and Investment Commission (ASIC) has ordered Holon Investments Australia Limited to cease offering crypto investment funds to retail investors for incomplete target market determination (TMD) submissions.

423 +

Innovations Never Cease: Polygon Has Been Added to 1xBit

It is a new day on 1xBit, the crypto betting platform, as it gets…

The post Innovations Never Cease: Polygon Has Been Added to 1xBit appeared first on CoinJournal.

226 +

Crypto Sleuth Links The Wintermute $160M Hack To Insider Job

In the crypto industry, issues of hacks and exploits have become one of the dreaded nightmares. The increasing expansion of the crypto space brews more exploitations as well. Despite the security measures most crypto protocols build around them, the bad actors never cease to scan for available vulnerabilities.

455 +

Nexo Hit With Cease and Desist Orders From Eight U.S. States

Multiple U.S. state regulators have issued cease and desist orders against the crypto lending platform Nexo. C&D Issued Against Nexo Eight U.S. states are taking legal action against Nexo for...

503 +

California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues

The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto.

345 +

Why Binance Is Booting USDC, Two Other Stablecoins Out Of Exchange In Favor Of BUSD

Binance, the world’s largest cryptocurrency exchange by trading volume, recently shocked the crypto community when it announced that it would cease trading support for a bunch of stablecoins.

555 +

Circle co-founder says converged dollar books on Binance would be good for USDC

The world's largest crypto exchange announced Monday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29.

595 +

Binance: No plans to auto-convert Tether, though that ‘may change’

The crypto exchange responded to questions from Cointelegraph after announcing it would cease trading support for USDC and two other stablecoins this month.

248 +

Taliban Crypto Crackdown Sees 13 Arrests and Exchanges Shut Down

The Taliban regime in Afghanistan has detained several dealers who ignored orders to cease trading digital assets following a nationwide cryptocurrency ban imposed earlier this month. The post Taliban Crypto Crackdown Sees 13 Arrests and Exchanges Shut Down appeared first on BeInCrypto.

316 +

US Federal Deposit Insurance Corporation Warns 5 Crypto Firms Against Misleading Customers

The US Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five crypto firms for allegedly misleading customers about its workings or their affiliation. According to a Friday statement, the agency accused FTX.

446 +

GreenPower Network: Building up the EnergyFi foundation for Web 3.0

Blockchain and crypto projects never cease to amaze us with what they can achieve. Yet another example of it is this new green crypto project GreenPower Network (GPN) which aims at encouraging a brandThe post GreenPower Network: Building up the EnergyFi foundation for Web 3.0 appeared first on AMBCrypto.

502 +

FTX US among 5 companies to receive cease and desist letters from FDIC

The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance.

300 +

FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims

The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the deposit insurance provider.

414 +

Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.

450 +

More security, transparency, and scalability: What blockchain needs for mass adoption

In February 2022, the Ukrainian government ran a crypto donation campaign to support victims of the Russian invasion. When the nation tried to reward those who had contributed to the fundraiser by sending crypto wallet holders complimentary NFTs, a slew of scammers took advantage of the government’s generosity, causing the operation to cease.

414 +

‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

A pseudonymous Twitter account making a series of accusations against Nexo has caused the crypto lender to issue a cease and desist notice.

281 +

Nexo Sends Cease and Desist Letter to Anonymous Twitter Account Accusing It of Embezzlement

The Twitter account “@otteroooo” has claimed that crypto lender Nexo embezzled funds from a charity. Nexo says the the account user is intentionally using the name of someone unrelated to Nexo.

437 +

Crypto firms face critical deadline in the UK

Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial regulator in the country looms. The post Crypto firms face critical deadline in the UK appeared first on CryptoSlate.

459 +

Binance tells regulators it will cease operations in Ontario... for real this time

The crypto exchange admitted to operating in the province without registration after saying it would stop.

476 +

Binance Banned from Offering Crypto Derivatives in Brazil

The Securities and Exchange Commission (SEC) of Brazil issued a notice to the leading spot crypto exchange Binance to cease offering crypto derivatives trading in the country. As per the document released on July 2nd, 2020, the company does not hold the authorization from the SEC to act as a securities intermediary in the country. […]

536 +

Wells Fargo Allegedly Shutters Zelle in Venezuela, Driving Crypto Adoption

Wells Fargo Bank will allegedly cease offering its Venezuelan customers access to the cash transfer service Zelle. The move was made public via Twitter by user @ernestocontrer: So why are @Dashpay and #cryptos welcomed in #Venezuela?Among other things, Venezuelans have almost no options to move our money.

529 +

Binance Distributes ‘HIVE’ Tokens, Ignores Cease and Desist Order

Despite Hive Blockchain Technologies Ltd. requesting a cease and desist order to stop using its name, Binance has gone ahead and completed the distribution of ‘HIVE’ crypto tokens anyway.

627 +

After Raising $13M In An Unregistered ICO, The SEC Orders BCOT To Pay $250k And Return Funds

Blockchain of Things Inc (BCOT), a New York founded startup, has been penalized $250,000 by the SEC for launching an ICO without following the proper registration process. The firm is also expected to cease any crypto operations that result to a violation of the securities law.

597 +

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business

Bottle Pay, a cryptocurrency payments provider from the U. K. , has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations.

448 +

Texas Securities Watchdog Shuts Down Craigslist Crypto Scammer

Texas securities regulators issued a cease and desist order against an alleged crypto scammer advertising on Craigslist

364 +

Regulators Target Bitcoin Trader Craigslist Crypto Scam for Guaranteeing 900% ROI Scheme

Officials from the Texas State Securities Board made a move against a misleading crypto ad on Craigslist. They filed a cease and desist order against the promoter to take the ad down. This was the fourth time that the division has had to deal with a situation like this since the beginning of its latest […]

526 +

Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors

According to a Texas State Security Board announcement dated  August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing.

494 +

Extremists Are Turning To Crypto, But Can We Do Anything About It?

The shooting in El Paso this weekend took the lives of 20 innocent people. After it emerged that the alleged shooter had been using far-right echo chamber 8Chan to spread his message, Cloudflare announced it would cease the provision of cyber-security services, quickly forcing the site offline.

498 +

Mexico’s New Crypto Regulations are Making it Tough for Blockchain Entrepreneurs to Survive

According to a report released a Mexican media outlet recently, a new fintech law brought into effect by the Bank of Mexico (Banxico) could force a total of 201 blockchain related startups to cease their ongoing operations permanently.

441 +

Mark Zuckerberg Is Taking a Huge Bullet for Crypto – But Why?

  Facebook’s cryptocurrency Libra is a “rival” to US monetary policy and the dollar itself. That’s the view of Congress which has officially urged Mark Zuckerberg to cease development on its crypto project.

586 +

Congress Demands Facebook Halt Work on the Libra Cryptocurrency

High-ranking legislators in Congress have issued a thundering rebuke to Facebook’s cryptocurrency ambitions, demanding that the Mark Zucker-berg led firm “immediately cease” work on Libra until the government says otherwise.

464 +

Malaysia Begins Approving Crypto Exchange Registrations

Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements.

388 +

Indian Government’s Crypto “FUD” Is Unlikely to Cease

The newly formed Indian government, led by Prime Minister Narendra Modi, is unlikely to change their stance on cryptocurrencies despite optimistic viewpoints from local industry leaders. The previous task force recommended a blanket ban, but the newly set up committee has started their research afresh, as reported by Quartz India, June 4, 2019.

421 +

XRP United Exchange to Cease All Operations on July 1 Due to the Passing of One of Its Leaders

Crypto exchanges are not having it easy despite the latest bull run. XRP centric exchange seems to be the latest victim that has fallen. It is with regret and sadness that we have to announce that XRP United Exchange will cease operations on 1st of July 2019 at 00:00:00 UTC. If You are a customer […]

476 +

Bad Actors Now Scamming Bitcoiners Via Google Play  

Just like in the traditional financial system where fraudsters never cease to exist, crypto thieves are also getting smarter every day. In the latest, they’ve now moved from conducting cryptojacking operations to creating fake apps on Google Play, in a bid to “phish” for bitcoin (BTC), reports SecurityBrief on May 23, 2019.

500 +

Poloniex Halts Trading of Altcoins; REP, OMNI, NXT, LSK, GAS, GAME, DCR, BCN and ARDR in the US

The crypto exchange Poloniex, has stated that they will cease sales of the following crypto assets to American buyers namely; GAME, LSK, NXT, DCR, ARDR, GAS, OMNI, BCN and REP. Poloniex said that the listed 9 assets will still be available for buyers outside the US, but as they are very close to being defined […]

446 +

Breaker Magazine to Cease Operation Due to Lack of Feasible Business Plan: Report

Breaker Magazine, an American online crypto publication, will reportedly stop operations due to the lack of a feasible business plan

649 +

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.

1241 +

Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M

By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin exchange Bitfinex and Tether, to cease operations in New York.

539 +

Cryptocurrency exchanges vs Bitcoin SV

Binance and ShapeShift cryptocurrency exchanges announced that they would delist the controversial Bitcoin SV, supported by Craig "False Satoshi" Wright. Other crypto services are likely to follow them and stop supporting Bitcoin SV.

549 +

Ethereum 2.0 Project Still Right On Schedule According To Vitalik Buterin

The 2018 Cryptocurrency bear market brought many projects to a standstill, forcing teams to halt on developments or cease entirely. Many investors have not held back their concerns regarding crypto projects updating their communities with where they are at currently with their roadmaps, most noticeably Ethereum 2.

411 +

New York Orders Bittrex to Cease Operations but Approves Bitstamp

New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed.

596 +

Texas State Securities Board Issues FxBitGlobe Crypto Company a Cease and Desist Order

According to an official notice from Texas State Securities Board, the regulator decided to issue a cease and desist order against a crypto trading company. The firm is known as FxBitGlobe and the decision to issue this order was published on April 9.

365 +

Texas Regulator Takes ‘Emergency’ Action Against Obvious Crypto Scam

Travis J. Iles, the Securities Commissioner of Texas, isn’t taking any guff from a site called FxBitGlobe. Iles issued an “emergency” cease and desist order to FxBitGlobe, ordering them to quit attempting to do business with anyone in the great State of Texas.

489 +

Texas Regulator Issues Cease and Desist Order to Crypto Investment Firm FxBitGlobe

Cryptocurrency and foreign currency investment firm FxBitGlobe received an emergency cease and desist order by the Texas State Securities Board

417 +

Andreessen Horowitz May Soon Put $1 Billion into Crypto

Coinspeaker Andreessen Horowitz May Soon Put $1 Billion into CryptoAndreessen Horowitz will soon cease to be a venture capital firm, veering away from the majority of its Sand Hill Road neighbors in Silicon Valley to instead become a registered investment advisor, or RIA.

361 +

Gatecoin begins liquidation process; directors’ power soon to cease following liquidators’ appointment

The Hong Kong-based crypto exchange, Gatecoin, initiated liquidation process and will soon cease powers of its directors, according to a document obtained by The Block. According to the document drafted by Hong Kong-based law firm Borrelli Walsh, two representatives from the law firm were appointed as liquidators for the entire process by the High Court of Hong Kong Special […] The post Gatecoin begins liquidation process; directors’ power soon to cease following liquidators’ appointment appeared first on AMBCrypto.

367 +

Dogecoin (DOGE) could replace credit card companies in the long run

The idea of cryptocurrency disrupting the world financial system is not far-fetched. In fact, as crypto goes mainstream, banking as we know it today may cease to exist.  Cryptocurrencies could do to banks what the internet did to the mainstream media.

20 +

Hong Kong Crypto Exchange Gatecoin Choked to Death by Banking Freeze

Nowhere does the phrase ‘misfortunes don’t come singly’ appear to be truer than in the case of Hong Kong-based cryptocurrency exchange Gatecoin which has been hacked, had its banking accounts frozen, lost funds to a payment processor and now faces liquidation all in a span of three years.

490 +