SEC Sues Jake Paul for ‘Illegally Touting’ Justin Sun-Linked Cryptos

After surpassing $28,000 for the first time in nine months, bitcoin has been trading in a tight range between $27,300 and $28,350 over the past 24 hours, as investors await a decision by the Federal Reserve on interest rates on Wednesday. Traders are predicting a 25 basis point increase. The world’s largest cryptocurrency appears to…

news The troubled crypto exchange QuadrigaCX has appealed for creditor protection, setting the stage for a significant court hearing on Feb. 5 in Canada. Last Thursday, the exchange’s appeal was made before the Nova Scotia Supreme Court, with QuadrigaCX claiming that doesn’t have access to wallets containing some $137 million (U.S. dollars) in cryptocurrency. As…

A newly-published indictment by the U.S. Department of Justice charges seven alleged Russian intelligence agents with using cryptocurrencies as part of a broad "influence and disinformation" scheme. The government alleges that Aleksei Sergeyevich Morenets, Evgenii Mikhaylovich Serebriakov, Ivan Sergeyevich Yermakov, Artem Andreveyich Malyshev, Dmitriy Sergeyevich Badin, Oleg Mikhaylovich Sotnikov and Alexey Valerevich Minin are members of…

Options tied to Defiance's 2X long MicroStrategy ETF (MSTX) exhibit extreme bullish positioning. The leveraged ETF is designed to two times or 200% of the daily performance of MSTR's share price. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57 Is Bitcoin Losing Its Bullish Momentum? The

Mar 5, 2020 at 05:00 UTCUpdated Mar 5, 2020 at 05:15 UTCFlex Yang, Co-Founder of Babel FinanceChinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.Flex Yang, co-founder of Babel Finance, said on Thursday the firm's outstanding loans have grown from $52 million-worth of…

news Japan has officially revised its laws to provide more clarity – and tighter controls – over cryptocurrency. The legislation amending the Payment Services Act and Financial Instruments and Exchange Act was formally enacted on May 31 and will take effect in April of next year. Among the notable changes, the act does away with the…

news The Takeaway Prior to publishing details about real Binance customers online Wednesday, a hacker operating under the pseudonym “Bnatov Platon” had a month-long conversation with CoinDesk reporters. In the talks, Platon revealed how he allegedly hacked individuals behind an earlier hack in which 7,000 bitcoin was stolen from the world’s largest exchange. Platon claimed…

Jul 15, 2020 at 20:56 UTCSwitzerland’s licensed crypto-first bank SEBA and Corda-based Digital Asset Shared Ledger (DASL) announced a new partnership on Wednesday letting the bank offer asset securitization services on Corda’s public network. In an emailed press release, SEBA said it is the first digital bank to offer clients the ability to issue and…

Oct 15, 2020 at 11:53 UTC(Udo J. Keppler/Wikimedia Commons)The Inevitability of ‘Big Blockchain’The U.S. economy is less dynamic than it was two decades ago, and with this shift has come massive concentration in market power and control. Industrial concentration has risen. More workers than ever work for very large firms. A handful of major investors…