Six Fake Crypto Exchange Sites Busted by Ukraine’s Cyberpolice

Six Fake Crypto Exchange Sites Busted by Ukraine’s CyberpoliceThe cybercrime combating unit of the Ukrainian police has uncovered a network of fraudulent crypto trading websites. Four people are suspected of offering the fake online exchange services. They have maintained at least six platforms luring cryptocurrency traders with deceptive messages. Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies Police on the Lookout for More […]

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Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight

Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized networks and systems which will […]

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Dutch AFM on Licensing Requirements for Institutions Invested in Crypto

Dutch AFM on Licensing Requirements for Institutions Invested in CryptoThe Dutch financial regulator, The Netherlands Authority for the Financial Markets (AFM) has published a letter addressed to new and currently existing institutions invested in cryptocurrencies. The letter seeks to inform that certain cryptocurrency investment activities may require licensing from the AFM, however, expresses “serious doubts” as to “whether managers of investment institutions in cryptos […]

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Grayscale Investments Announces ZenCash Investment Trust

Cryptocurrencies have been playing an increasingly important role in the financial sector. Grayscale Investments is leading the charge in this regard. The crypto investment fund has launched several ventures over the years, and is now adding ZenCash to its portfolio. ZenCash is a Rather Interesting Addition While it is commendable to see entities such as Grayscale […]

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Bittrex Says Its USD Trading Functionality Will Roll out in Stages

Bittrex has made it clear that the company will be entering the fiat currency trading industry fairly soon. In the first phase, the company will add USD trading, although it will seemingly be limited in terms of its availability. Given the US’s fractured cryptocurrency regulation, such an approach makes a lot of sense. Bittrex’s Plan of […]

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Tom Lee Blames the Cboe Futures for Crashing the Bitcoin Price

There is still plenty of speculation as to why the Bitcoin price has plummeted over the past few months. Some sources hint at Tether’s involvement, whereas Fundstrat’s Tom Lee has a completely different view. In his opinion, the expiration of Cboe’s Bitcoin futures are the main culprit. Factors Influencing the Bitcoin Price Although Bitcoin markets […]

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Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer VirusesJapanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since it […]

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Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists

Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and ConservationistsToday’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates in prisons across America. And in South Africa, a new token will support rhino conservationists, […]

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