Chico Crypto reveals unpleasant truths about Bitfinex scandal
The Chico Crypto youtube channel has been covering the Bitfinex and Tether scandal closely lately, and revealing how deep the corruption goes.
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ADAX granted digital currency exchange license by CEZA
CEZA, a regulatory body in the Philippines, has given ADAX an offshore virtual currency exchange license, allowing its customers to create and sell tokens.
Bitfinex, Tether debacle is far from over
The NYSAG has requested that Bitfinex turn over documents related to a loan Tether made to the crypto exchange.
Currency.com moves out of beta, begins accepting customers
Currency.com has now gone live and is ready to start accepting retail customers after successfully tweaking the exchange during the beta program.
Dark web takes a hit as two marketplaces shut down
Authorities are seeing more success in bringing down illegal online operations, taking down two crypto related illegal market places recently.
Blockchain firm SETL emerges from bankruptcy
SETL has somehow scraped back from bankruptcy to be a new company, with a second chance at making a difference.
Crypto market daily report – May 6, 2019
After a relatively positive weekend, the cryptocurrency markets retreated on Monday with most major currencies down by single digits.
Dr. Craig Wright files statement of claim in libel suit v. podcaster Peter McCormack
Dr. Craig Wright files statement of claim in his libel lawsuit against Bitcoin blogger Peter McCormack for accusing Wright of fraud.
US prosecutors move to detain crypto shadow banking defendant
Afraid that he might flee, Arizona prosecutors have asked for Reginald Fowler, one of the shadow bankers for Bitfinex, to be detained.
Blockchain firm Vanbex sues ex-contractor for defamatory statements
Vanbex wants to prove that its not a scam, and blames a former employee for making them look like one.
NYPD and crypto companies unite against crypto scam
The NYPD have teamed up with crypto companies to help squash crypto scams, and they’ve given advice on how to avoid them.
Canada, Singapore central banks trial cross-border blockchain payments
The Monetary Authority of Singapore has teamed up with the Bank of Canada, linking their existing experimental blockchain infrastructure to facilitate the pilot transaction.
South Korea regulator adds 9 blockchain firms in new sandbox cohort
A total of 105 companies had applied to take part in the program since its launch in January 2018, according to South Korea’s Financial Services Commission.
New Zealand church under fire for allegedly helping OneCoin scam
A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.
World Gold Council responds to #DropGold campaign
The World Gold Council has responded to the #DropGold campaign and tries to prevent any major switches from the precious metal to cryptocurrency.
Facebook moving on crypto payments solution, codenamed Libra
The company has reportedly begun to recruit financial firms and merchants to assist in the launch of its crypto payments system.
Bitmain’s S9 architect jumps ship, possible signal of trouble ahead
Cryptocurrency mining giant Bitmain has had an extremely rough 12 months and has had to shutter many of its operations this year.
Crypto market daily report – May 3, 2019
The cryptocurrency markets demonstrated some good movement on Friday morning, with Bitcoin SV up by 2% to touch the $55 level on the back of increased interest and turnover.
Square sets a record revenue, profits still low
Square has reported new record high revenues, proving crypto interest keeps growing. Unfortunately for them, profits have remained low.
Thailand ready to amend 2019 Securities and Exchange Act
Now that Thailand has a new securities act, the country has announced its ready to amend that act with regulations for tokenized securities.