What do the FBI and Canada’s Binary Options Task Force have in common? When it comes to recent activity at Google, the duo might be responsible for causing an in-house backlash against cryptocurrency advertising.
<h1>$600 Million Magic, Strange Moves On The Tether Charts</h1>
During a defining five-minute period on January 27, 2018, the nominal market cap of Tether rose by more than $600 million. Today, close to 40 percent of USDT trade occurs on OKEx and Binance.
<h1>PACcoin, A Tiny Cryptocurrency, Just Returned From The Moon</h1>
On Friday, a tiny, virtually unknown cryptocurrency went to the moon for a few minutes. It appeared that in a straight-line trajectory, PACcoin suddenly began trading for more than 1000 times its historical price.
<h1>Treasury Secretary Mnuchin: Unclear If Bitcoin Is A Currency</h1>
In recent remarks on cryptocurrencies, US Treasury Secretary Steve Mnuchin questioned whether bitcoin should be considered a currency at all. He also expressed concerns over the use of virtual currencies to finance terrorist groups, but appeared enthusiastic about distributed ledger technology as a whole.
<h1>These ICOs Have Not Been Subpoenaed By The SEC</h1>
After the Wall Street Journal reported that the SEC has issued “dozens of subpoenas and information requests” to executives of and advisors to various cryptocurrency projects, investors were left wondering which companies are being examined. ETHNews reached out to some of the largest projects to learn whether they are under investigation. Here is what we found.
<h1>Republic Of The Marshall Islands Prepares For Sovereign Cryptocurrency</h1>
The Republic of the Marshall Islands reportedly plans to issue its own cryptocurrency, the Sovereign (SOV), which would be treated as legal tender alongside the US dollar. This has the potential to impact the country’s relationship with the United States, which has long provided defense for the small nation.
<h1>Antigua And Barbuda To Support Ethereum-based ‘ICO For Development’</h1>
With the state’s blessing, CNET Antigua is planning to launch an Ethereum-based ICO to fund public-private development projects in Antigua and Barbuda.
<h1>CFTC Provides Guidance For Employee Investment In Cryptocurrencies, Bitcoin Futures</h1>
According to a Commodity Futures Trading Commission memo dated February 5, 2018, ethics rules and regulations that apply to CFTC employee transactions in commodities similarly apply to their holdings and transactions in cryptocurrencies.
<h1>SEC Provides Guidance For Employee Investment In Cryptocurrencies, ICOs</h1>
The US SEC’s Office of the Ethics Counsel recently issued a memo regarding staff investment in cryptocurrencies and initial coin offerings.
<h1>CoinDash Hacker Returns 20,000 Ether</h1>
Shortly before an official product launch, and for the second time, a hacker has returned stolen Ether to blockchain startup CoinDash.
<h1>Iran’s ICT Minister Hints At Forthcoming Cryptocurrency Pilot</h1>
The Iranian Information and Communications Technology (ICT) minister recently revealed that a bank in the country has been developing a cryptocurrency. That same day, local media reported that the central bank is pledging a virtual currency clampdown.
<h1>German Regulator BaFin Emphasizes Securities Compliance By ICOs</h1>
On Tuesday, BaFin issued an advisory letter regarding the regulatory classification of tokens that are distributed to investors through initial coin offerings (ICOs).
<h1>Venezuela’s Maduro Announces Gold-Backed State-Issued Cryptocurrency</h1>
A day after the presale of Venezuela’s oil-backed cryptocurrency began, the president announced another digital asset: the gold-backed petro oro.
<h1>Tezos President Johann Gevers Resigns</h1>
On Thursday, the Tezos Foundation announced the resignation of president Johann Gevers. The Swiss-based organization simultaneously declared the appointment of two new board members.
<h1>Venezuelan President Claims $735 Million In Petro Presale Investment</h1>
Some are left with more questions than answers following an announcement about Venezuela’s new cryptocurrency, the petro.
<h1>Monero Team Mulls Changing PoW Algorithm To Protect The Network’s ASIC Resistance</h1>
Starting in March, scheduled Monero forks will feature minor changes to the blockchain’s CryptoNight hash algorithm in order to keep the network ASIC-resistant.
<h1>Bitcoin Trader Faces 20 Years In Prison</h1>
On Thursday, cryptocurrency trader Joseph Kim was charged with one count of wire fraud after allegedly stealing millions of dollars of bitcoin and Litecoin from his employer.
<h1>New York Act Would Create Taskforce On Economic Zoning For Cryptocurrency Mining</h1>
An act before the Committee on Economic Development in the Big Apple would examine the potential for economic zones to empower cryptocurrency mining.
<h1>Salon Takes A Cut Through Monero Mining Option</h1>
Salon has introduced an ad-suppressing beta program. Site visitors who normally use ad blocker extensions can opt to mine cryptocurrency for Salon rather than disable their beloved ad blockers.
<h1>A Cryptocurrency Crisis? IMF’s Lagarde Keeps Eyes Peeled For Next Financial Disaster</h1>
Just days after calling cryptocurrency regulation “inevitable,” the IMF’s managing director questioned whether cryptocurrency could be the root of the next financial crisis.