The Commodity Futures Trading Commission filed a complaint in a Texas U.S. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release. Three individuals from Texas and...
The United States may have some of the world’s best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies....
When it comes to bitcoin, Twitter founder and CEO Jack Dorsey is all in. The 43-year-old technology entrepreneur, who also heads Square, the mobile payment company, said the cryptocurrency rules. “I think the internet warrants a…native currency and…bitcoin is probably the best manifestation of that...
Square has announced the rollout of the Cryptocurrency Open Patent Alliance (COPA), according to a web post. It’s inviting others in the crypto community to join the alliance. Members must agree to not use their digital currency patents against another entity with the exclusion of...
Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. 9) announcement. DCG first backed the company six years ago during its seed round. “We are proud to have...
European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6 billion in assorted cryptocurrencies, CoinDesk reported. The coins affected included bitcoin, ether, XRP, tezos, algorand and TRON, and the hackers...
The Australian Services and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, who was the Australian national representative for crypto platform BitConnect, from engaging in financial services for the next seven years after he was found to be engaging in deceptive practices, a report...
Saudi Arabia has proposed a business passport built off of blockchain technology to help overcome trade finance challenges brought about by the pandemic, CoinDesk reported. A “Global Value Chain” (GVC) passport would let companies that adhere to the financial rules in their own nations display...
The U.S. Department of Justice is looking for the seizure of nearly $400 million as part of the sentence of defendant Mark S. Scott, according to a letter posted by CoinDesk. Scott allegedly worked with Ruja Ignatova and others to launder roughly $392.94 million of...
