SEC Subpoenas Another Firm Following Claimed Blockchain Pivot
Long Blockchain, which made headlines last year when its stock surged following a blockchain pivot, has been subpoenaed by the SEC in the U.S.
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Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor
Key team members behind NovaWulf, the digital asset investment firm that bid for bankrupt crypto lender Celsius, have formed a new firm called Valinor, according to an email reviewed by CoinDesk.“We are excited to share the news that we are launching a new investment entity, Valinor, to pursue investment opportunities related to blockchain and financial
Bitcoin Likely to Drop After the Halving, JPMorgan Says
JPMorgan said it expects bitcoin to fall after the reward halving.The bank’s analysis shows that the cryptocurrency remains overbought.Miners will be most affected by the event, the report said.The bitcoin (BTC) price is likely to weaken after the reward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set
Crypto News Roundup for Feb. 7, 2020
For early access before our regular noon Eastern Time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's news:For early access before our regular noon Eastern Time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is…
Telefónica Teams Up With Chainlink to Provide Security Against ‘SIM Swap’ Hacks
The partnership will help provide an added layer of security to blockchain transactions.Telefónica will introduce the security measure in Brazil.One of the world's largest telecommunication services providers, Telefónica (TEF), is partnering with decentralized oracle network Chainlink (LINK) to ensure security against Web3-related hacks and exploits, including "SIM Swap" attacks.The partnership will provide security for smart
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
U.S. inflation data for October was better-than-hoped, with the headline Consumer Price Index (CPI) flat for the month versus economist forecasts for a rise of 0.1%. The core rate rose just 0.2%, beating expectations for 0.3%.Checking all the numbers, the CPI for October was unchanged versus economist forecasts for a rise of 0.1% and September's
First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M
Sep 23, 2020 at 12:47 UTCUpdated Sep 23, 2020 at 12:48 UTCWall Street sees U.S. November presidential elections injecting chaos into stock markets, but cryptocurrency options traders see nothing but calm ahead in the bitcoin market. (Unsplash, modified by CoinDesk)First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50MThe upcoming…
Officials Arrest US Resident for Allegedly Laundering Drug Proceeds With Crypto
Feb 20, 2020 at 15:52 UTCUpdated Feb 20, 2020 at 16:24 UTCU.S. DEA Mobile Command Post (U.S. Air National Guard photo illustration by Master Sgt. Kendra M. Owenby, 134 ARW Public Affairs)The U.S. arrested an alleged money launderer Tuesday in Florida on accusations of using cryptocurrencies and cashier's checks to obfuscate the origins of funds…
SEC Rips Into Binance.US Over ‘Shaky’ Asset Custody, Asks Court to Order Inspection
In a scathing Monday court filing, the U.S. Securities and Exchange Commission (SEC) urged a D.C. court to approve an inspection into Binance.US, doubling down on previous accusations that the firm had failed to produce documents sought by the regulator in ongoing legal proceedings.In June, the watchdog sued Binance.US, the exchange's global parent Binance Holdings