Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests OwnerCryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France […]

Go to Source

Powered by WPeMatico

These Video Sharing Sites Pay Content Creators in Bitcoin Cash

On Feb. 4, Bitcoin Cash (BCH) supporters caught a sneak peek at two new video platforms dedicated to the BCH ecosystem. Porn.cash and Cinema.cash give content creators the ability to publish videos and get paid in cryptocurrency. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Video Publishers and Content Creators Get […]

The post These Video Sharing Sites Pay Content Creators in Bitcoin Cash appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Leading Crypto Markets Post Worst Year of Monthly Price Action on Record

When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced BTC and ETH Produce […]

The post Leading Crypto Markets Post Worst Year of Monthly Price Action on Record appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitconnect Faces Consolidated Class Action Complaint

Bitconnect Faces Consolidated Class Action ComplaintMore than a dozen lawsuits targeting Bitconnect have been merged into a single case, following the submission of an Amended Consolidated Class Action Complaint on Thursday. The newly combined complaint has been filed with the U.S. District Court for the Southern District of Florida. Also Read: Venezuela Authorizes 6 Exchanges to Sell National Cryptocurrency Petro Amendment […]

The post Bitconnect Faces Consolidated Class Action Complaint appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1BrokerThree U.S. agencies have taken action against international bitcoin-funded securities dealer 1pool Ltd., aka 1Broker. The Securities and Exchange Commission (SEC) says 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says it violated the Commodity Exchange Act. Meanwhile, the company says it is working on letting customers withdraw their funds. Also read: 160 […]

The post SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

More Than 6% of Securities Lawsuits Filed in 2018 Have Related to ICOs

More Than 6% of Securities Lawsuits Filed in 2018 Have Related to ICOsCornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies. Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation 6% of Securities Filings in 2018 Have Related […]

The post More Than 6% of Securities Lawsuits Filed in 2018 Have Related to ICOs appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action

In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to […]

The post Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against Offerings

ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against OfferingsMike Finch, the co-founder of ICO Alert, has discussed the present state of the initial coin offering (ICO) industry. Mr. Finch shared his assessment that although the social media advertising ban has had a significant adverse effect upon the performance of promotional campaigns for ICOs, the number of new ICOs brought to market has significantly […]

The post ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against Offerings appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO […]

The post Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Altcoins Rally During Week of Bullish Action for Crypto

Markets Update: Altcoins Rally During Week of Bullish Action for CryptoThe cryptocurrency markets have enjoyed a strong week, with BTC, BCH, and many altcoins generating significant gains in recent days. There is considerable uniformity shared among major altcoin markets, with many cryptocurrencies recovering to test the 0.236% retracement areas after breaking above descending trendlines. Also Read: Kraken CEO Condemns “Hostile” Questionnaire Issued by New York AG […]

The post Markets Update: Altcoins Rally During Week of Bullish Action for Crypto appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico