Bitfinex no longer needs to turn over documents to NYAG—for now
Bitfinex is being sued, along with Tether, by the AG over questionable operations and has already had to deal with several setbacks.
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Porn coin Fantasy Market CEO facing fraud charges settles with the SEC
Lucas began offering FMtokens in an initial coin offering that could be used for purchasing live-streamed sex and he set out to raise up to $25 million.
Embattled Kik shutting down app, laying off staff in Israel
Kik Interactive shuts down its messaging service that causes 70 employees to loose their job.
BTC futures trading goes live on Bakkt
Bakkt offered by the Intercontinental Exchange is now live and all eyes will be watching to see if it turns out to be the game-changer that is expected.
Facebook Libra to get 50% backing from US dollar, not yuan
The currency will be backed by several fiat currencies from different parts of the world, but adds that there won’t be any support for China’s yuan.
Ripple firm wants US court to throw out ‘late’ class-action lawsuit
Ripple, and its XRP cryptocurrency, has been at the center of several contentious debates over the years.
Former Overstock CEO Patrick Byrne sells company shares to buy crypto
The company’s former CEO has offloaded his 13.6% stake in the company, the entire amount he had held, and is now going to go on a shopping spree.
Crypto trading not regulated enough for real exchanges: SEC chair
Jay Clayton doesn’t believe that cryptocurrency could be offered on major exchanges until the Bitcoin ecosystem is regulated more strictly.
Crypto miners in Iran might soon need annual license: report
The country is reviewing a proposal that would require miners to register their operations on a yearly basis.
Unregistered ICO incubator faces SEC wrath
ICOBox appears to have been nothing more than an empty box and the company is now being sued by the U.S. Securities and Exchange Commission.
Ethereum advisor arrested in US over alleged crypto extortion scheme
Nerayoff was arrested in New York and Hlady was found in Rhode Island, where he will appear before a federal judge in the state’s capital, Providence.
CBOE withdraws VanEck, SolidX ETF proposal
After more than two years of trying to introduce a cryptocurrency exchange-traded fund it appears that VanEck and SolidX are giving up, at least partially.