Binance Rejects Charges of Embezzlement, Shares Its Side of Story

Binance reacted to recent allegations that it had embezzled hundreds of thousands of US dollars in cryptocurrency from a user, referring to recent reports covering the situation as false information. Binance Complied with Korean Law Enforcement’s Request On Wednesday, Bitcoinist reported that Binance was accused of embezzling almost $860,000 in crypto funds from a user […]

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BitMEX Donates $400,000 to Cyber Security Organisation

BitMEX parent company HDR Global Trading Limited has become a partner of nonprofit Shadowserver Foundation. HDR will sponsor the nonprofit by offering $400,000 over the next four years. BitMEX Operator Becomes Member of Shadowserver Industry Alliance Shadowserver Foundation is an organization that collects and analyzes data on malicious activity on the Internet. HDR has become […]

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Bitfinex, Tether CTO to Speak Publicly For First Time Ever

Paolo Ardoino, CTO of Bitfinex & Tether, is scheduled to speak at CryptoCompare’s Digital Asset Summit next month. This is the first time a Bitfinex/Tether exec has spoken publicly at an event.  The story of Tether will finally come out of the shadows Tether is the original and most successful “stablecoin”, and it was the […]

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New Crypto Exchange Coming Soon From Amsterdam

Retail brokerage firm BUX announced that it would gradually launch its crypto trading platform soon. The Dutch company will start accepting the first clients in the first week of March. BUX Rebrands Crypto Platform Blockport While there are many specialized crypto exchanges out there, many stock or forex-oriented brokerage firms are keen to become part […]

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Keepkey Crypto Hardware Wallet Has an Alarming Flaw

Crypto practitioners who depend on Keepkey hardware wallets to store their coins ought to take a pledge of not discussing it in public. Kraken Warns Crypto Users The warning appears on Kraken’s latest blog post wherein it discusses a serious flaw in all of the Keepkey hardware wallets. The US exchange’s security research wing claims […]

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Telegram Denies Almost Everything in Latest Court Response

Telegram finally responds to the US SEC’s complaint about its ICO, which the US regulator believes to be illegal by denying all allegations. Telegram, a company behind one of the most popular messaging apps by the same name, became a topic of controversy somewhat recently. The matter revolves around its cryptocurrency project, Telegram Open Network […]

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BitMEX Blocks Services in Three Countries amid CFTC Probe –

Cryptocurrency derivatives exchange BitMEX has discontinued offering services to the users of three countries. Fun fact: it has offices in those regions. BitMEX said in a statement issued today that it is limiting access to users residing in Seychelles, Hong Kong, and Bermuda. The Seychelles-based exchange stated that it decided to go ahead with its decision […]

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Bitcoin ETFs Will Either Launch Or Die This October, SEC Confirms

The US Securities and Exchange Commission (SEC) must approve or disapprove at least two Bitcoin exchange-traded funds (ETFs) this October. 2-Month Countdown To Bitcoin ETF Decision In filings released August 12, the SEC chose to postpone final judgement on three ETFs it is currently considering. The offerings, sponsored by VanEck/SolidX, Bitwise and Wilshire Phoenix, all […]

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Goldman Sachs Arrests Render Mnuchin Bitcoin Comments Useless

Goldman Sachs vice president and known Bitcoin skeptic Richard Gnodde is among 17 senior executives who could face ten years’ in prison for money laundering.  Vice President Could Face 10 Years In Jail According to a press release from Malaysia’s attorney general August 9, Gnodde is now wanted in connection with the infamous 1MDB scandal […]

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Cryptocurrency Space Needs Room To Grow: SEC Commissioner

Speaking on the topic of cryptocurrency regulation, U.S. Securities and Exchange (SEC) Commissioner Hester Peirce says the crypto space requires some leeway for innovation. SEC Shouldn’t Stifle Cryptocurrency Innovation Speaking during the Bakkt Digital Asset Conference, ‘crypto mom,’ as Peirce is affectionately dubbed within the industry called on regulators to allow room for digital innovation. […]

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