SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement.
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Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
Andreas Antonopoulos says Bitcoin will probably never have privacy features like those in Monero. 762 Total views 11 Total shares Bitcoin educator Andreas Antonopoulos says he would like to see more privacy features on Bitcoin, but they’re unlikely to happen anytime soon.In a livestream Q&A on Antonopoulos’ YouTube channel on July 7, he said Bitcoin…

Not Your Tulip Trust? Message Calling Craig Wright ‘Fraud’ May Unlock the Case
Infamous cryptocurrency figure Craig Wright faces newfound legal challenges over more than 1 million Bitcoin (BTC) after addresses listed in the Tulip Trust were used to sign a message labeling him a fraud. Wright has long been a divisive figure within the cryptocurrency community, having made unverified claims of being Satoshi Nakamoto, the founder of…

Bitcoin Hovers Over $5,000 as Top Cryptos See Losses
Saturday, April 6 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark.Market visualization courtesy of Coin360Bitcoin’s price has seen a gain of half a percent on the day, trading at around $5,004 by press time, according to CoinMarketCap. Looking…

Steve Forbes Tells Zuckerberg: Use Gold to Back Libra, Call It the ‘Mark’
Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, published on June 25 an open letter to Mark Zuckerberg, advising to back Facebook’s cryptocurrency Libra with gold.In the letter, Forbes strongly encouraged Facebook’s crypto initiative, emphasizing Libra’s potential to become one of the greatest inventions in the world, which eventually “could replace the U.S. dollar as…

Congressman Hill to ‘make sure’ US is the place for blockchain innovation
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation. 941 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations…

Bitcoin Price Continues Rally, Positive Sentiment Is Off the Charts
In the past couple of weeks, the Bitcoin (BTC) price has resurged after months of apparent monetary stagnation. Since July 23, the value of a single Bitcoin has risen by around 20%. Not only that, after trading sideways since its supply squeeze in early May, the premier currency broke through its all-important $10,000 psychological threshold,…

Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
Bitcoin (BTC) might be struggling to break the $36,000 resistance for the past three weeks, but bulls now have one less thing to worry about: cascading futures contracts liquidations.One might be under the impression that a $1 billion liquidation is usual for Bitcoin. Still, traders tend to remember the most recent exaggerated movements more than…

Bitcoin Proceeds of COVID-19 Business Support Scheme Fraud Seized
The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses. A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme…