A whistleblower from defunct crypto firm Bitsonar has reappeared after going missing f for three days, saying law enforcement faked his kidnapping and death.
Venezuelans Look to Crypto Dollars for Financial Security
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.
Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.
Someone Just Lost $16M in Bitcoin By Using a Malicious Install of the Electrum Wallet
An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source.
Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo
The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable.
Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto
Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that’s an opportunity for the crypto industry.
Mr. Powell, If You Want Higher Inflation, Give People Money
The Federal Reserve wants a little more inflation to keep the economy buoyant. That’s hard to achieve when Main Street is so under water.
Data Ownership Should Be About Software, Not Lawsuits
Andrew Yang’s “Data Dividend” and the EU’s GDPR are not enough to put users back in control of their data.
US Files Suit Against Crypto Accounts Tied to North Korea
Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year.
YouTube’s Whac-a-Mole Approach to Crypto Scam Ads Still Remains a Problem
Despite lawsuits and Google’s own ad policies, cryptocurrency scam ads are still making it through the YouTube gates and circulating for days.
Russia Is Blocking Bitcoin-Related Websites Again
Russian internet censorship agency Roskomnadzor has persuaded a court to block various crypto sites including a popular bitcoin OTC data provider.
First Mover: Monetary Challenges Aren’t Just Virtual as Fed’s Powell Returns to Jackson Hole
Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.
Bitcoin’s Implied Volatility Falls Sharply Ahead of Jerome Powell Speech
Bitcoin’s options market foresees little price turbulence in the short-term, even as markets await a key speech from the chairman of the Federal Reserve.
New Zealand Stock Exchange Hit Repeatedly By Cybercriminals Demanding Bitcoin
NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.
What to Make of the SEC’s New Accredited Investor Rules
The SEC has formally adopted new accredited investor rules, expanding the group of Americans who can invest in private securities.
U.S. Democrats Ask Trump Administration for Details on Terrorist Crypto Seizures
Two U.S. Democrats have asked the White House to provide more information on recent seizures of cryptocurrency from terrorist groups including ISIS.
South Korean Exchange Coinbit Seized Over Allegations of Fraud
South Korea’s third largest crypto exchange, has reportedly been seized by police over allegations it faked transaction volumes.
Bitwage Rolls Out Tax Calculator Tool as IRS Ramps Up Crypto Pressure
The new tool comes as the IRS is sending more letters to crypto investors.
Australian Payments Firm Sues Ripple for Use of PayID Trademark
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement.