BTC takes punch to the gut with SEC ruling, Binance glitch
After reaching nearly $20,000 in December, BTC has now lost about 50% of its value--dropping to $9,000 level at the time of writing.
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Cryptocurrency could replace fiat currency by 2030
Will cryptocurrency manage to gain a strong enough foothold to compete with fiat currency on a global level?
More ICO class action suits ‘highly likely,’ says leading law firm
Prepared by law firm Polsinelli, the report raised concerns over the potential for growth in litigation from ICO investors.
Japan’s financial watchdog suspends 2 cryptocurrency exchanges
The FSA had taken action against seven cryptocurrency exchanges—two of which were ordered to suspend business altogether.
BTC drops below $10,000 again as cryptocurrency markets continue slide
The cryptocurrency market endured a torrid Wednesday, when all major coins had steep corrections with some dropping as much as 20%.
Hackers pumped up Viacoin using Binance customers’ funds
Binance CEO says “all funds are safe,” and that the hackers actually lost funds of their own.
CFTC, SEC, IRS clash over what cryptocurrencies are
CFTC case ruling incites a tug-of-war on who has jurisdiction over cryptocurrencies.
Mt. Gox trustee sells $400M worth of BTC, BCH to pay off creditors
Court-appointed trustee Nobuaki Kobayashi has been liquidating some of the remaining cryptocurrencies at the best possible price.
Coinbase launches Index Fund, won’t be adding Ripple support
The exchange introduces an Index Fund for cryptocurrencies designed to give investors a clearer picture of major trends in the industry.
Missing Mt. Gox Bitcoins linked to London-registered ‘shell’ company
A company registered in the UK has been linked to BTC-e, which, at one point, held 3% of the global BTC exchange volume.
Russia prepares to legalize cryptocurrency by July
There are two draft laws that focus on blockchain technology which have been developed and form the basis of the cryptocurrency legislation.
South Korea declares cryptocurrency ban for government officials
The government has banned its officials from holding virtual currency and participating in cryptocurrency-related transactions.