Cornell researchers conclude that crypto is overrun with trading bots
Crypto traders that might feel they are doing pretty good are likely trading against bots that don’t care how they feel.
Articles By Neil Mathew:
More than $50M in crypto stolen from US wallets in last 15 months
The thefts involved five hackers all aged between 18 and 26, who have been charged with the cybercrimes, according to law enforcement authorities.
North Korea buying nuclear weapons with crypto theft fund: report
It is currently unclear how much cryptocurrency that North Korea has stockpiled, but it is estimated to be somewhere between $545 million and $735 million, according to a recent report.
“Learning coin” to help educate IMF and World Bank about blockchain
The IMF and World Bank are teaming up to make a new cryptocurrency to help organizations learn more about blockchain technology.
SEC looking into misleading ETF names
The SEC is cracking down on ETFs that are using misleading names with the alleged purpose to bring in investors who don’t know better.
Bermuda finance ministry gives green light to Velocity Ledger ICO
VHL Financial is currently in the application phase with the Bermuda Monetary Authority, and the goal is to operate a digital asset exchange in the country after the proper licenses are obtained.
Connecticut man gets jail time over Bitcoin phishing scheme
Michael Richo, 37, was charged with fraud and money laundering offenses for his involvement in a Bitcoin phishing scheme, according to the U.S. Attorney’s Office for the District of Connecticut.
Texas regulator orders crypto firm FxBitGlobe to cease operations
The crypto investment firm claims to offer incredible returns between 25% and 75%, which many believe to be an obvious sign of a Ponzi scheme.
Lawmakers reintroduces bill exempting crypto from US securities laws
Compared to the 2018 version, the Token Taxonomy Act 2019 has more detailed definition of what constitutes a digital token that is more inclusive of emerging technologies.
Jail time, $800K forfeiture await unlicensed Bitcoin trader in California
Jacob Burrell Campos was forced to forfeit $823,357 in illicit profits and was also sentenced to two years in prison in the United States.
Bitfinex gets rid of $10K minimum equity requirement for users
The platform has removed its $10,000 minimum equity threshold requirement, a move that is expected to allow more traders to use the platform.
Thomson Reuters receives patent for blockchain-based identity management
The media giant seeks to develop a blockchain-powered identity system capable of receiving validated identity data, which it will send “to at least one node of the distributed system,” and then generate an identity token.