Russia’s Ministry for Economy: Regulate, don’t ban digital currencies
A Russian ministry has stood up for the digital currency industry against a proposed blanket ban. It urged the gov’t to consider regulating instead of banning.
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CFTC requests entry of default against $33 million Q3 scam
The CFTC has filed a motion for an entry of default against Q3 and its founder. The firm scammed $33m from investors to purportedly trade digital currencies.
Guangdong police freeze 4,000 bank accounts in latest digital currency crackdown
Authorities identified bank accounts belonging to digital currency OTC traders suspected of involvement in illegal money laundering activity.
Digital currency-backed ETP to be traded on Deutsche Boerse
Bitcoin Exchange Traded Crypto will list on Deutsche Boerse’s Xetra market in Frankfurt.
Blockchain-friendly Bank Frick adds support for USDC stablecoin
USDC integration allows Bank Frick users to send and settle payments at a faster rate than the SWIFT network used by a majority of banks
SEC’s digital asset analysis misses the mark on BTC
The U.S. securities regulator continues to work to clarify its position as to exactly when savvy coin offering structures cross the line.
SpaceX YouTube scam cons viewers out of $150,000 in BTC
The YouTube channels have reportedly been hijacked by scammers posing as Elon Musk’s SpaceX official channel.
Europol bust illegal digital currency media streaming ring
The scheme reportedly made as much as $17 million over a period of five years, streaming media online illegally.
VaultAge investors to file class-action lawsuit over $17M fraud
The South African scheme has been the subject of investor fury after CEO and owner Willie Breedt vanished owing millions to investors.
Micree Zhan-led Bitmain blocks hardware shipment to customers
Zhan has reportedly prohibited employees from shipping Bitmain’s ASIC hardware from the company’s Shenzen factory.
Ethereum user pays $2.6M fee to send $130 in digital currency
The fee the user attached is roughly 2,000,000% more than the value they transferred.
TAAL outlines vision to serve a new kind of economy
The company has released a five-year corporate vision presentation detailing the services that could see it become a major industry player.
Binance Pool starts processing Bitcoin SV
Data from Coin.Dance showed that Binance Pool currently holds 2.08% of the hash power pointed towards the BSV network.
Blockchain-powered insurance mobile notification coming to South Korea
South Korea’s KT Corp has partnered with a local insurer on a blockchain platform that will power mobile notification services, even when the number changes.
Bitcoin VCs find unbelievable potential in BSV space
Some leading VC firms in the BSV space revealed why they invest in BSV projects exclusively, the criteria they use to evaluate projects and future projections. %%sitename%% news for %%date%%.
Feds seek help managing and disposing seized digital currency
The U.S. Marshals Service is searching for a contractor who can manage the digital assets seized from criminal suspects.
California student charged in SIM-swap digital currency theft case
The DoJ has charged a student at the University of California with stealing digital currencies through a SIM swap scheme that targeted over 19 victims in different states.
Binance remains operational in China: report
A recent CCTV investigation revealed that its Beijing-based reporter was able to sign up on the Binance platform via its Chinese website.
Ripple asks court to drop fraud charges
Attorneys for Ripple said the plaintiff had failed to establish that representations were false.
‘Black’ reward miners steal $6.6M in power from Russia’s energy providers
Illegal block reward mining operations in Russia have reportedly stolen more than $6.6 million worth of electricity from energy producers.