US Regulator Rejects FOIA Request Concerning Bitfinex, Tether Subpoenas
The US CFTC has rejected a request for releasing the subpoenas allegedly sent to crypto exchange Bitfinex and token issuer Tether last December Go to Source Powered by WPeMatico
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Bitcoin Price Watch: Currency Jumps to $7,500
At press time, the father of cryptocurrency is trading for just over $7,500. This is a $100 spike from yesterday’s dreary $7,400, which bitcoin had previously fallen to from $7,600. It appears the currency is experiencing solid resistance at this mark, and how long it will stay there is difficult to predict. The price drop … Read more
PR: Tron Mainnet Launched – Young Team Dispelled Rumors with Sweat, Perseverance and Success
TRX made a hit as the first cryptocurrency whose value exceeded a hundred times of its issuance price in 2018 when the New Year had been only a few days away. In a flash, it squeezed itself into the Top 20 list of cryptos with highest market capitalization. Since then, TRON has recruited a mighty … Read more
Ethereum’s Price Drop Possibly Due To Large ETH Sell-Off By EOS, Report Says
TrustNodes suggests EOS as the party responsible for today’s ETH price drop, pointing to evidence that EOS recently sold a large amount of ETH Go to Source Powered by WPeMatico
DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision
Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” … Read more
Bitfinex Aims to Eliminate Tax Evasion by Cooperating with the British Virgin Islands
In the world of cryptocurrency, controversy is not all that difficult to come by. This is especially true when it comes to exchanges and trading platforms which share client information with the government. After the recent Coinbase-IRS debacle, it now seems Bitfinex is handing over a lot of customer information to the authorities as well. Bitfinex Stirs the pot While … Read more
Tether Mints $250 Mln of New USDT Tokens, Rekindles Controversy
Controversial token Tether generated $250 million new coins, with long-standing questions resurfacing Go to Source Powered by WPeMatico
Bitfinex Requires Customer Tax Info which it ‘May Exchange’ with Gov’t, Tax Authorities
Bitfinex has required tax information from its users, which it “may then exchange” with the government and tax authorities of the customer’s country of residence Go to Source Powered by WPeMatico
Bitfinex Starts Sharing Customer Tax Data with Authorities
Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known tax haven, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. … Read more
Markets Update: Mid-May Price Dips Plague Cryptocurrency Markets
Cryptocurrency markets are losing some gains today, as most digital assets are down between 3-15 percent during this morning’s trading sessions on May 16, 2018. The overall cryptocurrency market cap has shaved a few billion in losses since our last markets update, leading to the valuation of all 1,600 cryptocurrencies hovering around $374Bn today. During … Read more