The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Chainalysis Says BitForex Trading Volumes Could Be Fake
BitForex exchange coiuld be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist for Chainalysis.
OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal
The brother of OneCoin’s infamous “Cryptoqueen,” Konstantin Ignatov has reached a plea deal with U.S. authorities.
Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push
OneConnect Financial Technology, the banking and blockchain arm of China’s largest insurance company, filed a prospectus with the SEC on Wednesday.
Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case
Kik has hit a brick wall with its ambitious “void for vagueness” defense in a case brought by the SEC over its $100 million initial coin offering.
Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing
Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.
Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange
Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex.
BitGo Says It’s Now Processing 20% of Bitcoin Transactions
The crypto custodian facilitates a sizable share of on-chain transactions, a sign of consolidation, and power, in the crypto space.
BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020
BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings.
Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes
Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions.
How to Turn a $17 Million ICO Into $104 Million: The Cosmos Story
The startups building Cosmos don’t own it or rely solely on it for income. And that’s the point.
FBI Director: Cryptocurrency Is ‘Significant Issue’ for Law Enforcement
Christoper Wray said crypto is becoming a “bigger and bigger” issue for the agency in a Senate hearing with Mitt Romney.
Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin
Brian Haney, a former narcotics trafficker, pled guilty to charges that he laundered $19 million in bitcoin on Silk Road.
The SEC Has Rejected Every Bitcoin ETF. This Firm Thinks It Has a Solution
Wilshire Phoenix believes balancing funds between BTC and T-bills may convince the SEC that its bitcoin ETF proposal is better than the rest.
ATM Coin Founders Ordered to Pay $4.25 Million for Fraud
A U.S. court issued penalties against the team and firms behind ATM Coin for fraud and misappropriation of client funds in case brought by the CFTC.
US Startup Raising $10 Million for Private Jets You Can Lease With Crypto
Jet Token is raising up to $10 million in a Regulation A offering for its ethereum-powered private jet leasing marketplace where you can pay in crypto.
FATF Releases Guidance on Global Digital IDs as Use Cases Grow
The Financial Action Task Force wants financial institutions to prepare for the global expansion of digital identification systems.
What’s Next in the Securities Case Against Ripple Over XRP
Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.
Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.
Reggie Middleton Reaches $9.5 Million SEC Settlement Over ICO Fraud
The U.S. Securities and Exchange Commission has reached a $9.5 million settlement with Reggie Middleton, organizer of the fraught Veritaseum initial coin offering.