Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework

Prolific Bitcoin Dealer 'Blew a Giant Hole' Through US Legal FrameworkA Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote. […]

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Coinbase Acquires Distributed Systems, Pledges to Explore Decentralized Identity Systems

Coinbase has announced the acquisition of Distributed Systems, a decentralized identity solutions provider. In a blog post announcing the acquisition, the San Francisco-based crypto exchange described it as strategic in Coinbase’s bid to bring cryptos into the mainstream. The five engineers working at Distributed Systems will join the Coinbase team and will work to integrate […]

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US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

US Judge Orders Alleged Hacker to Pay Bail in CryptocurrencyA US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance […]

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Real-World Adoption of Cryptos Is Steadily Rising Despite Volatility: Coinbase CEO

Real-world adoption of cryptos is steadily rising, but they are still a long way from becoming a mainstream payment method. Brian Armstrong, the CEO of Coinbase, believes that cryptos and blockchain technology are at the same stage that the internet was at in the early 2000s and that despite the steady growth, people’s expectations are […]

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The Daily: Binance Launches in Liechtenstein, ZB.com Opens Office in Malta

The Daily: Binance Launches in Liechtenstein, ZB.com Opens Office in MaltaCrypto exchange Binance is launching a fiat-to-crypto trading platform in Liechtenstein and you can find the details about the joint venture with LCX in The Daily. We’ve also got reports about ZB.com opening a new office in Malta, Coinsilium investing in crypto trading platform Bundle, and the rebranding of the Toshi crypto wallet as Coinbase […]

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Bitcoin Price Watch: Currency Slinks Back a Bit Following Coinbase CEO Warning

Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian Armstrong. As the head of […]

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The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID

The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your IDIn today’s edition of Bitcoin in Brief we cover stories about John McAfee refusing to acknowledge his “unhackable” wallet has been hacked after tinkerers were able to install Doom on the device, Coinbase wanting to become a verified identity service, and more. Also Read: Bitwise Launches Three New Cryptocurrency Market Index Funds McAfee Refuses to […]

The post The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID appeared first on Bitcoin News.

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