Judge John Coughenour agreed that the IRS needs to narrow the scope of a summons it had issued to Bitstamp. However, he also overruled the other two challenges, allowing the IRS to proceed with its information-gathering exercises.
DX.Exchange and its sudden closure is a little different, though, as it was forced to halt its operations for a different reason.
The Bitfinex cryptocurrency exchange, already involved in one class-action lawsuit, will now have to defend itself against another one.
The next six months are going to see a flurry of activity and this past week has continued to help refine the forward progress the industry is making.
Gregg Bennett is suing Bittrex for allowing someone to walk off with almost 100 BTC, currently worth around $1 million, this past April.
The established cryptocurrency exchange BitMEX made a rookie mistake last week and it could potentially put all of its users at risk.
The Australian Securities Exchange (ASX) believes it can better protect investors by switching to a blockchain-based solution.
Blockstacks paid Binance $250,000 to get listed, but they refuse to call it a listing fee, and that’s problematic.
Earlier this year, the Cryptopia cryptocurrency exchange in New Zealand was hit by a massive attack that reportedly saw it lose $15 million in held funds.