Business 17 April 2019

Blockchain startup files with SEC for treasury bond-backed stablecoin

Digital asset manager Arca filed a prospectus with the SEC, covering a fund with tokenized shares, to be made available to investors through a public listing.

Tech 17 April 2019

More than $50M in crypto stolen from US wallets in last 15 months

The thefts involved five hackers all aged between 18 and 26, who have been charged with the cybercrimes, according to law enforcement authorities.

Business 16 April 2019

US bank CEOs appear before Congress to talk about blockchains

Several CEOs from largest banks in the U.S. were pulled in front of Congress to explain their position on blockchains and cryptocurrencies.

Business 15 April 2019

LA Times gets on board the cryptocurrency train

The Los Angeles Times is now part of the Brave community after the U.S.-based newspaper signed up to be a verified Brave browser publisher.

Business 15 April 2019

Lawmakers want IRS to issue urgent guidance on crypto taxes

Twenty-one lawmakers has sent a bipartisan letter to the Internal Revenue Service (IRS) requesting guidance on crypto taxes.

Business 12 April 2019

New York firm Blockstack to raise $50M via token sale

The move was confirmed in a filing with the U.S. Securities and Exchange Commission (SEC), with the firm aiming to raise capital from a U.S. token issue through a subsidiary, Blockstack Token LLC.

Tech 12 April 2019

Connecticut man gets jail time over Bitcoin phishing scheme

Michael Richo, 37, was charged with fraud and money laundering offenses for his involvement in a Bitcoin phishing scheme, according to the U.S. Attorney’s Office for the District of Connecticut.

Business 11 April 2019

Lawmakers reintroduces bill exempting crypto from US securities laws

Compared to the 2018 version, the Token Taxonomy Act 2019 has more detailed definition of what constitutes a digital token that is more inclusive of emerging technologies.

Business 11 April 2019

Bittrex fails to meet New York’s requirements for BitLicense

In a blow to the U.S.-based exchange, the New York Department of Financial Services said it would not be approving Bittrex’s application for a virtual currency license.

Business 10 April 2019

Jail time, $800K forfeiture await unlicensed Bitcoin trader in California

Jacob Burrell Campos was forced to forfeit $823,357 in illicit profits and was also sentenced to two years in prison in the United States.

Business 9 April 2019

Legal woes piling up for Bitcoin exchange Kraken

Kraken is facing yet another lawsuit, this time from one of its former employees who accused Kraken of failing to pay his compensation.

Business 8 April 2019

Coinbase snags spot on LinkedIn’s popular US employers list

One reason that Coinbase’s appearance on the list is significant is because the company appeared on the list above JPMorgan Chase, also one of the most well-known financial institutions in the world.