CFTC brings $1.7B fraud case involving Bitcoin against South African national
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JPMorgan’s subsidiary Chase UK to restrict crypto transactions
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom.Starting from Oct. 16, customers of Chase Bank in the U.K. will no

Some Bitcoin Traders Turn Cautiously Bearish — Why $9.5K Is a Problem
The price of Bitcoin (BTC) surged from $9,160 to $9,584 within the last 48 hours. But despite the 4.6% gain, some traders are turning short-term bearish on the top cryptocurrency.According to several technical analysts, the market structure of Bitcoin remains slightly bearish. At higher time frames, $9,500 could still technically be a lower high. The…

Jack Dorsey has stepped down as Twitter CEO
The twice-serving CEO said his departure was due to the company being “ready to move on from its founders.” Dorsey has not announced any future plans. 3012 Total views 39 Total shares Twitter CEO Jack Dorsey has resigned from his position at the social media firm after serving for more than six years.In a Monday…

Russia Postpones Its Crypto Law Again, Now Blaming Coronavirus
After facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus.Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, says that the country’s crypto law — the bill “On Digital Financial Assets” — is now finalized but won’t be adopted before the end…

Bybit stolen funds likely headed to crypto mixers next: Elliptic
Based on past behavior, the Lazarus Group could start using mixers to obfuscate the stolen funds, but it may prove more challenging this time due to the sheer volume of stolen assets.

OKEx at Davos: Blockchain Best Placed to Meet the Needs of the Unbanked
Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain technology as a new motor for the global financial system.Two presentations — delivered by the OKEx Financial Markets Director Lennix Lai on Jan. 22 at the Russia House 2020 and EmTech Investment Meeting 2020 — focused…

Bitget launches $100M Web3 fund for crypto projects in Asia
Bitget's new fund will receive $100 million as an initial investment to support the next generation of Web3 projects. Own this piece of history Collect this article as an NFTCrypto derivatives exchange Bitget launched a new fund focused on supporting the next generation of Web3 projects. According to a statement seen by Cointelegraph, $100 million…

Central Bank of Nigeria: eNaira no threat to financial stability
Nigeria's central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability. 350 Total views 1 Total shares The Central Bank of Nigeria (CBN) had to publicly insist that their project, one of the world’s first operating central bank digital currencies (CBDC), doesn’t