Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison

Chinese yuan (Shutterstock)As Chinese police step up efforts to crack down on illegal economic activities, crypto over-the-counter (OTC) traders are being detained to assist investigations.  In another sign Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong – a prominent Chinese crypto OTC trader and the co-founder of crypto lending platform RenrenBit – has been…

Lack of staking is unlikely to concern institutional investors, though retail investors may be upset, Synder said.This difference in demand means there is a potential business case for providers to list separate, distinct products to satisfy both camps.01:59Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live14:55Colorado Securities Commissioner Addresses Crypto

NEWS A group of 10 companies focused on cryptocurrencies and financial services have formed a new group aimed at standardizing a code of conduct for the still-nascent digital asset space. Announced Tuesday, the Association for Digital Market Assets, or ADAM, is backed by founding members Galaxy Digital, Genesis Global Trading, GSR, Hudson River Trading, Paxos, Symbiont, BitOoda…

news The takeaway: Binance CEO Changpeng Zhao (“CZ”) hopes to open a London office “very soon” as the crypto exchange turns its focus to Europe. Brexit won’t hurt and if anything will be good for crypto, he predicts. On Facebook’s Libra project, CZ anticipates practical benefits from potentially listing the coin, and also hinted at…

Oct 11, 2020 at 13:00 UTC(Felipe Simo/Unsplash & Robert Nickelsberg/Getty Images News)According to analyst Lyn Alden, the answer depends on bitcoin’s own cycle.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today on Long Reads Sunday, a reading of Lyn Alden’s piece for CoinDesk:…

news While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the…

Jul 29, 2020 at 08:00 UTCUpdated Jul 29, 2020 at 08:03 UTCTokenSoft's Bay Area office space is just 10 floors above the SEC's west coast wing. (Mason Borda)605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasuries FundConvincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable…

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).Only three assets in the CoinDesk 20 closed higher compared to one week ago: bitcoin cash (BCH) up 29%, dogecoin (DOGE) up 9% and litecoin (LTC) up

In the early 1980s, anti-video game propaganda depicted zombie-like “vidiots” hypnotized by their Pac-Mans and their Space Invaders. Lured into the dank depths of the arcade, innocent teenagers were at risk of becoming addicted, flunking school to instead kill and destroy.Fast forward to today and video games are recognized as a valuable tool to promote…