EOS hack leads to $58,000 theft
About $58,000 was stolen from token exchange Newdex, through the issuance of fake EOS tokens in the network.
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US regulators punish crypto firm claiming ties to Coinbase
The Texas Securities Commission (TSC) issued an emergency cease-and-desist order to Coins Miner Investment Ltd. following allegations that the firm and allegedly misstated marketing material to investors.
Fidelity Investments poised to launch crypto products by end of 2018
Fidelity Investments revealed that it is setting up a number of crypto options, and that it expects to launch some, or all, by the end of this year.
China’s central bank warns public (again) against cryptos, ICOs
the People’s Bank of China (PBoC) has issued yet another notice to remind everyone in the country against investing in cryptocurrencies and initial coin offerings (ICOs) amid reports that domestic crypto activities have been flourishing recently.
Leave crypto alone: Hester Peirce admonishes fellow regulators
Hester Pierce, the lone dissenting commissioner in the SEC orders rejecting cryptocurrency ETFs, called on the regulator to ease up on cryptocurrency-related products.
Litecoin is a ‘significantly overvalued relic,’ report finds
Litecoin is struggling from a lack of adoption amongst merchants, the majority of which only support LTC as part of a basket of cryptocurrencies supported by their payment processor, according to a report published by crypto hedge fund Multicoin Capital.
Nasdaq makes $190M offer for Swedish crypto trading provider Cinnober
Nasdaq is set to acquire Sweden-based trading solutions provider Cinnober, in a deal that could see the stock exchange move into helping institutional investors gain access to new opportunities around cryptocurrency.
UK Treasury slams ‘Wild West’ crypto trade, calls for regulation
Members of the UK Parliament are looking to increase regulations for the cryptocurrency industry, in order to tame the 'wild west situation.'
$1 billion fund founders to launch Japanese yen-pegged stablecoin
The founders of a $1 billion blockchain fund backed by the government of Hangzhou in China have announced plans for a new project that will launch a stablecoin backed by Japanese yen.
Crypto exchanges draw New York AG’s ire over ‘voluntary’ survey rebuff
Binance, Kraken and Gate.io have been referred to the state’s Department of Financial Services, after claiming to not be operating in the state as reason for declining participation in the survey sent out last April to 13 cryptoexchanges.
Is Bitmain about to go bankrupt?
Cryptocurrency mining manufacturing giant Bitmain has been called out for possibly exaggerating its financial information and some are now wondering if the most profitable crypto mining-based company in the world could be on the verge of going bankrupt.
Ukraine Parliament wants significant tax on crypto profits
The government of Ukraine has proposed a bill, which was backed by 23 government officials that would introduce another 18% tax on crypto-related profits by businesses.