$4.5 billion Bitfinex BTC laundering case to include classified info
A Columbia judge ruled that the $4.5 billion BTC laundering case of the hipster New York couple will include national-security information and documents.
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Sam Bankman-Fried and FTX backers face more class actions
Both class action lawsuits seek to represent transnational/global people outside the United States who purchased or enrolled in a YBA and, in Lam’s case, “otherwise invested in one or more FTX Entities.”
Hotbit Korea lists Bitcoin SV and allows direct BSV-fiat trading
The move signals the original Bitcoin is gradually gaining more acceptance, despite disinformation campaigns from competitor cartels.
Genesis suspends withdrawals amid digital currency industry meltdown
FTX's implosion could result in three things: prolonged 'crypto' contagion, enforcement of stiff asset class regulations, and weakened industry confidence.
Bitcoin is the blockchain network for smart contracts, sCrypt’s Xiaohui Liu tells CoinGeek TV
sCrypt CEO Xiaohui Liu pointed out that smart contracts were part of Satoshi’s vision back in 2009, but the BTC cartel pushed them out so they could curtail BTC to mere speculation.
Bitcoin mining and monopoly
Bitcoin mining under Proof-of-Work is less likely to result in a monopoly. On the other hand, Proof-of-Stake has natural gravitation toward forming a monopoly or a cartel.
Kleiman v Wright Day 12 was all about Dave Kleiman, as told by his friends
Day 12 of the Satoshi trial in Florida gave the court a further look into Dave Kleiman’s health and a first look at who Dave Kleiman was as a person in the eyes of his closest friends.
In wake of FTX collapse, New York financial regulator wants its digital asset licensing regime adopted nationally
NYSDFS' Harris claims that New York's regulatory initiatives on digital assets and related products proved to be effective in safeguarding investors, thus the need for it to be adopted nationwide.
SEC chair Gary Gensler reiterates call for digital asset registration in the wake of FTX collapse
Securities commission Chairman Gary Gensler has re-emphasised the need for digital asset platforms to bring themselves within the protective umbrella of SEC regulation as the FTX collapse continues.
Happy Easter from CoinGeek!
BSV is alive and well; resurrection has taken place within the Bitcoin protocol that allows the blockchain network to be used for more than speculation.
Germany’s BaFin admonishes Coinbase over its business organization
Digital asset exchange Coinbase was reprimanded by German financial supervisory authority BaFin over corporate deficiencies, with the latter demanding the firm carry out organizational change.
BTC correlation with stocks shows it is no safe haven asset or ‘digital gold’
It becomes more and more obvious that BTC is correlated to the stock market and therefore does not fulfill its promise of being “digital gold,” Dr. Michael Wehrmann writes.