Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings

Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto DealingsSouth Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul […]

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South Korean Politician Quits Party Over Crypto Scandal

South Korean Politician Quits Party Over Crypto ScandalA member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities. Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, […]

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New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature

New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul's SignatureThe state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining Moratorium Legislation to Be […]

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Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero

Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in MoneroA 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared […]

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Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights

In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from the White House believe that the grounding of U.S. passenger planes and […]

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In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet UpdatesIn Friday’s roundup of news from across the cryptosphere, we look at the rise of U.S. presidential candidate Andrew Yang and his acceptance of cryptocurrency donations. We also detail a new partnership between Kleros and Ethfinex that will see the Ethereum-based exchange utilize crowdsourced jurors to govern token listings. Finally, we round up news from […]

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The Daily: Bakkt Won’t Offer Leverage, Congresswoman Holds Crypto

The Daily: Bakkt Won't Offer Leverage, Congresswoman Holds CryptoIn today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of […]

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The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1

The Daily: Anti Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1In today’s edition of Bitcoin in Brief we cover an American anti cryptocurrency politician who is financially backed by a credit card firm, a positive change of leadership at Goldman Sachs, Grayscale’s performance during first half of 2018 and much more.

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U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines

U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure GuidelinesThis week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors House Representative Jared Polis: ‘Government Employees Should Report Any Virtual […]

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