SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

Are Bitfinex and Tether in trouble? Maybe, but the thing is, we don't know just how much trouble, because the stablecoin issuer has challenged the New York State Office of the Attorney General's (OAG) case against them. In claims filed in April, Attorney General Letitia James asserted that Bitfinex defrauded its customers, having lost $850…

The company's rapid accumulation of Bitcoin is acting as a reliable constraint on newly mined supply, argues author Adam Livingston. 666 Total views 1 Total shares Michael Saylor's Strategy is "synthetically halving Bitcoin" (BTC) by purchasing half or more of the newly minted supply from miners every single month, according to Adam Livingston, a BTC

The 103-year-old bank wants to hold crypto for asset managers and hedge funds as Wall Street begins offering cryptocurrency products to institutional clients. 3244 Total views 21 Total shares Cowen Inc., an independent American investment bank established over a century ago, is set to become the latest mainstream financial services company to enter the crypto…

Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has since confirmed that information to…

The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017. 1357 Total views 31 Total shares The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the…

CryptoWendyO and Cheds weigh in on where Bitcoin's price could head next. 2564 Total views 9 Total shares Bitcoin’s price has declined in recent days. While it has rebounded from its weekly lows, the asset's trajectory remains uncertain says CryptoWendyO, a crypto trader on Twitter.  “The daily timeframe is not looking great as we are having…

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