Coinbase, Robinhood crush estimates, analysts raise targets

On March 6, three individuals including former Riot Blockchain CEO John O’Rourke III agreed to settle with the United States Securities and Exchange Commission (SEC) for $3.5 million over three alleged penny stock pump-and-dump schemes.The terms of the settlement will see Michael Brauser, John Stetson, and O’Rourke pay disgorgement, prejudgment interest and civil penalties. The…

South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to crypto markets in South Korea, English-language newspaper Korea JoongAng Daily reports on Nov. 27.According to the report, the bill…

The dev partner of the Solana-based NFT game raised the royalty to 98% from the usual 5%, resulting in the scammer listing the 25 stolen NFTs for sale, which were then bought back and returned. 186 Total views 1 Total shares The tales of traders getting scammed out of their nonfungible tokens (NFTs)  were quite…

A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. 634 Total views 68 Total shares Federal authorities in Russia are moving forward with a plan to closely monitor cryptocurrency activity for illicit transactions and deanonymize crypto users’ identities.The Russian Federal Financial Monitoring…

Bitcoin (BTC) proponents are criticizing United States presidential candidate Andrew Yang after he claimed he was “literally trying to give everybody money.”In an ongoing Twitter debate which Yang started on Nov. 16, Bitcoiners took the presidential hopeful to task over his policy of paying a form of universal basic income (UBI) to all U.S. citizens.Bitcoiners…

The Dead Coins project has been given new lease of life by BTC education portal 99Bitcoins. 2187 Total views 11 Total shares Bitcoin education portal 99Bitcoins is the newly appointed undertaker of the cryptocurrency industry. It’s taken over the Dead Coins project, which provides a burial ground for more than a thousand dead cryptocurrencies, and…

Japanese messaging giant LINE will ease the development of blockchain services and digital asset management through its two new products. Japanese messaging company LINE has launched a blockchain development platform called LINE Blockchain Developers for decentralized applications and services.The company has also launched a digital asset wallet named BITMAX that will allow users to centrally…