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Facebook Crypto Libra is the ‘World’s Worst Product Launch EVER’, Rips Analyst
The pushback that Facebook’s cryptocurrency Libra has faced since it was announced last month is a classic example of a poorly managed product launch. This was the conclusion drawn by Federal Financial Analytics’ managing partner Karen Petrou when she appeared on CNBC’s Closing Bell show. дальше »
2019-7-16 17:53 | |
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Breaking: Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’
One of Donald Trump’s top allies in Congress has diverged from the president on what has suddenly become one of the federal government’s top priorities: bitcoin. Kevin McCarthy Is a Bitcoin Fan House Minority Leader Kevin McCarthy told CNBC that unlike Trump, he is a fan of the flagship cryptocurrency and the security of blockchain […] The post Breaking: Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’ appeared first on CCN Markets дальше »
2019-7-16 16:01 | |
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Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts
Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. дальше »
2019-7-16 04:30 | |
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Is Bitcoin Quickly Becoming A 2020 Election Issue?
President Trump’s recent Bitcoin tweet might make cryptocurrency a discussion point for the 2020 election and crypto investors think this is a good thing. Let’s Talk About Bitcoin 2020 Thanks to U. дальше »
2019-7-15 23:00 | |
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Future of crypto-assets will be prosperous, with or without Libra
It has been yet another eventful week for “magic internet money. ” Bitcoin, which leads the cryptocurrency bandwagon in the financial market, has been in the headlines recently owing to two key comments. дальше »
2019-7-13 21:30 | |
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Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman
Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […] дальше »
2019-7-12 16:01 | |
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Crypto Execs: Trump’s Bitcoin Quip is the “Biggest Bull Signal” for BTC Ever
Thursday was a crazy day for the Bitcoin (BTC) and crypto industry. Within that span of 24 hours, some of the world’s most powerful individuals commented on the cryptocurrency asset class, tipping their hand as to how governments may address this budding space. дальше »
2019-7-12 13:00 | |
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Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman
Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto. дальше »
2019-7-11 18:30 | |
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U.S. Federal Reserve Puts Facebook’s Project Libra in the Hot Seat
The United States Federal Reserve Chairman, Jerome Powell, has joined the growing list of authorities calling for the head of Mark Zuckerberg and Project Libra. Powell says Libra’s global cryptocurrency poses serious concerns regarding money laundering, privacy, and a host of others reports CNBC on July 10, 2019. дальше »
2019-7-11 17:00 | |
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Altcoins fall below key support levels
The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto. дальше »
2019-7-11 11:00 | |
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Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair
You’ve been blocked? Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated that Libra ‘cannot go forward,’ until serious concerns regarding its working are addressed by the social media giant. дальше »
2019-7-11 10:00 | |
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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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A History of Violent Intervention: John McAfee Offers to Help Cuba Resist US Sanctions With Crypto
Former antivirus software guru and 2020 Libertarian presidential “hopeful” John McAfee is a controversial figure, polarizing opinion in politics and culture, and taking a bold stand against the U. дальше »
2019-7-11 15:00 | |
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Craig Wright’s ‘Satoshi Nakamoto’ claims lay in tatters after lack of evidence; critics begin onslaught
Craig Wright, the Chief Scientist at nChain has become a household name in the cryptocurrency industry after claims that he was the legendary creator of Bitcoin, Satoshi Nakamoto. After months of speculation and finger-pointing, Wright was finally asked to show proof that he was Nakamoto at a federal court hearing in West Palm Beach, Florida. дальше »
2019-6-29 12:30 | |
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Macroeconomics, Federal Reserve’s expansionary monetary policies may have impacted Bitcoin’s price
The cryptocurrency market saw the price of Bitcoin pump on June 26, followed by a drastic fall on the 27th. The coin was expected to breach $14k last night but instead, it fell after reaching a value of $13,837. дальше »
2019-6-28 00:30 | |
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Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets дальше »
2019-6-27 15:21 | |
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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
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Former Trump advisor Stephen Moore considers joining a ‘crypto central bank’
Stephen Moore, a former adviser to U. S. president Donald Trump, is considering joining Decentral, a cryptocurrency central bank. Moore recently lost out on a bit to join the board of the Federal Reserve and is reportedly looking to get involved in regulating the crypto industry. дальше »
2019-6-27 10:49 | |
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Germany’s Financial Authorities Urge For New Standards, Amid Facebook Libra’s Whitepaper News
The new whitepaper from Facebook provides a lot of information about their new cryptocurrency, and there are countries everywhere seeking to find the best way to handle this cryptocurrency, and Germany is no different. дальше »
2019-6-27 01:04 | |
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“Coyote of Wall Street” Patrick McDonnell Admits to Committing Crypto Fraud
Patrick McDonnell, a New York resident who goes by the nickname of “the Coyote of Wall Street” recently pleaded guilty to a cryptocurrency related wire fraud in federal court in Brooklyn. This, according to a report by Bloomberg, June 22, 2019. дальше »
2019-6-24 19:00 | |
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Crypto-news website faces lawsuit for allegedly using copyrighted photograph of Bitcoin Foundation’s Charlie Shrem
Photographer John Curtis Rice has filed a lawsuit against Cointelegraph, a popular cryptocurrency news website, for allegedly using a copyrighted photograph of Charlie Shrem, Founder of Bitcoin Foundation. дальше »
2019-6-19 08:30 | |
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FBI charges NiceHash founder over dangerous dark web malware (again)
The Federal Bureau of Investigation (FBI) is chasing hackers — including the founder of cryptocurrency mining marketplace NiceHash — over an alleged plot to create and distribute malware through major dark web forum Darkode. дальше »
2019-6-12 16:40 | |
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FBI Seeks for QuadrigaCX Victims to Aid Ongoing Investigation
According to a report by the Federal Bureau of Investigation (FBI) on June 3, 2019, it is conducting an ongoing investigation alongside the Internal Revenue Service Criminal Investigation (IRS-CI), the United States Attorney’s Office for the District of Columbia, and the Department of Justice’s Computer Crime and Intellectual Property Section to seek victims who lostRead MoreRead More. дальше »
2019-6-5 13:00 | |
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Vancouver mayor suggests Bitcoin ATM ban to stop money laundering
Vancouver has cryptocurrency growing pains. The city’s police labeled Bitcoin ATMs an “ideal money laundering vehicle,” and its mayor has even suggested a complete ban. Experts and local businesses have instead called for federal money services regulations to be changed to include Bitcoin ATMs, reports The Star. дальше »
2019-6-5 12:47 | |
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FBI asks victims of bankrupt QuadrigaCX cryptocurrency exchange to start snitching
The Federal Bureau of Investigation (FBI) is stepping up its probe into defunct Canadian cryptocurrency exchange QuadrigaCX. In an announcement yesterday, the FBI asked victims affected by the QuadrigaCX collapse to come forward and complete a questionnaire to aid with its “ongoing investigation. дальше »
2019-6-4 16:18 | |
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Las Vegas Man Jailed for Operating Illegal Bitcoin Trading Business
Anthony J. Battaglia, a United States federal judge for the Southern District of California has sentenced Morgan Rockcoons, a Las Vegas, Nevada resident to nearly two years in prison for wire fraud and running an unlicensed money transmitting business, according to a press release on May 28, 2019. дальше »
2019-5-30 09:00 | |
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Germany: BaFin Accuses Crypto Exchange Coinbene of Unregistered Trading
The Federal Financial Supervisory Authority of Germany, commonly referred to as BaFin, on May 28, 2019, issued a warning against cryptocurrency exchange Coinbene stating that it was operating without a license. дальше »
2019-5-30 01:00 | |
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Financial Regulators in Germany Have Received Zero Cryptocurrency Fraud Compliants To-Date
The financial regulatory authority of Germany claims that it has no knowledge of “Cyber Incidents” or market manipulation on trading platforms in the country. This is according to a recently uploaded press release on May 28. дальше »
2019-5-29 01:18 | |
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Cryptocurrency’s potential can be preserved by ‘wise regulations’, claims former United States Mint Director
Cryptocurrency’s recent status in the limelight has compelled federal agencies to deploy new sets of regulations. The former Director at the Unites States Mint, Honorable Edmund C. Moy, in his latest interview, highlighted the possibility of fiat and cryptocurrencies co-existing. дальше »
2019-5-28 15:30 | |
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Australian Civil Servant Caught Mining Crypto With Government Hardware
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. дальше »
2019-5-22 18:47 | |
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Russia’s KGB Successor Warns Terrorists are Turning to Cryptocurrencies
By CCN: Terrorist organizations getting support in the form of cryptocurrency are becoming the norm, according to Russia’s FSB director Alexander Bortnikov. As per local news portal RBC, citing media agency Tass, the chief of Russia’s Federal Security Service (the FSB’s successor) reported on the latest updates in the international terrorist networks at a meeting of the heads of security agencies of Commonwealth of Independent States (CIS) member states. дальше »
2019-5-22 13:11 | |
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55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. дальше »
2019-5-22 12:25 | |
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Australian Worker Faces Jail Term for Illegal Bitcoin Mining
Despite the fact that the price of bitcoin and other digital assets are just trying to recover from the winter of 2018, the crypto fever remains as hot as ever. Now, the Australian Federal Police (AFP) have charged a 33-year-old Sydney man for illegally mining cryptos with the federal government agency’s computers, reports local newsRead MoreRead More. дальше »
2019-5-22 11:00 | |
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FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Delays Adoption Of Regulations
FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Holding Up Adoption Of Regulations Adoption of cryptocurrency regulations has been postponed in Russia. FATF requires the terminology be changed to reflect major industry phrases like “Bitcoin” and “cryptocurrency. дальше »
2019-5-21 22:12 | |
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IRS Commissioner Makes Crypto Tax Clarity a Priority
The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers. дальше »
2019-5-21 20:54 | |
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Australian civil servant faces 10 years for mining cryptocurrency on government computers
An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency. дальше »
2019-5-21 13:27 | |
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Aussie Bitcoin Miner Retrofits Government Computers, Faces 10 Years in Prison
By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency on the modified machine. дальше »
2019-5-21 12:26 | |
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Russian Prime Minister deprioritizes Cryptocurrency Regulation Citing a Decline in Popularity
In February of this year, there was a demand from Russian President Vladimir Putin to adopt Cryptocurrency federal laws by July. However, with the deadline just around the corner now, that drive has cooled off. дальше »
2019-5-17 14:21 | |
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Court Dismisses Lawsuit by Aggrieved ICO Investors Against Floyd Mayweather and DJ Khaled
In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that the plaintiffs’ decisions were notRead MoreRead More. дальше »
2019-5-16 15:00 | |
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Game Changer? Crypto Prime Dealer Unveils FDIC-Insured Accounts
By CCN: Crypto mass adoption hopefuls rejoice. FDIC protection is here. Cryptocurrency prime dealer SFOX is partnering with M. Y. Safra Bank of New York to offer traders and investors deposit accounts backed by the Federal Deposit Insurance Corp. дальше »
2019-5-15 01:15 | |
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PayPal snitched on bullish movie pirate who bought $1M in cryptocurrency from Coinbase
US authorities have seized over $4 million worth of cryptocurrency and cash following a movie piracy investigation conducted by Homeland Security Investigations (HSI) and Motion Picture Association of America (MPAA). дальше »
2019-5-14 13:19 | |
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U.S. Congressman Proposes to Ban All Cryptocurrencies
U. S. Congressman Bradley Sherman, during a Financial Services Committee hearing, asked others in his party to join him to prepare a bill to ban all cryptocurrencies, reported The Block Crypto on May 09, 2019. дальше »
2019-5-11 21:00 | |
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Crowdfunder Sued for Misappropriating Funds over $800,000 to Buy Bitcoin
The U. S. Federal Trade Commission (FTC) recently filed a lawsuit against a crowdfunder who diverted customers’ funds to purchase bitcoin. According to The Next Web, the entrepreneur raised funds over $800,000 to buy iBackPacks but instead diverted the funds to personal use such as buying crypto and paying off credit cards debts. дальше »
2019-5-8 21:00 | |
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FBI Arrests Individuals Suspected of Involvement in Running Dark Web Marketplace
According to a report by TechCrunch published May 7, 2019, the Federal Bureau of Investigation (FBI) has arrested several individuals suspected of running the deep web search engine called Deep Dot Web. дальше »
2019-5-8 20:00 | |
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Blockchain-Based E-Voting to be Piloted During Moscow Student Elections
Moscow authorities are planning to test their blockchain-based electronic voting program in the forthcoming student council elections, as reported by the Russian news outlet Tass on May 6, 2019, Not a Replacement, but a New Option The Russian federal authorities have previously displayed immense interest in blockchain technology and cryptocurrencies. дальше »
2019-5-7 17:00 | |
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FCC Considers Using Blockchain for Dynamic Tracking and Recording of the Wireless Spectrum
Owing to the rapid increase in wireless devices, the U. S. regulator Federal Communications Commission (FCC) is considering blockchain technology as a means to track, record, and monitor the use of radio wave spectrums, reported IT and Financing magazine ComputerWorld on May 6, 2019. дальше »
2019-5-7 09:00 | |
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Admins of Largest Dark Web Marketplace Arrested in Germany
In a major operation to uncover dark web business, the German Federal Criminal Police pulled down the shutters of the largest dark web market, the Wall Street Market. In a similar operation earlier this year, Finnish Customs and the French National Police busted Silkkitie, aka the Valhalla Marketplace, along with its entire content, Europol announcedRead MoreRead More. дальше »
2019-5-5 09:00 | |
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FCC Commissioner Questions Telecom Companies for Selling Location Data
The Federal Communications Commission (FCC) Commissioner Jessica Rosenworcel on May 1, 2019, demanded answers from telecommunication companies in regards to their involvement in selling customers’ phone location information to data aggregators, Motherboard reported. дальше »
2019-5-3 01:00 | |
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