Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

Mar 16, 2019 at 15:37 UTC

An Australian initial coin offering (ICO) project planning to raise as much as US$50 million has announced its token sale has been halted by the country's securities regulator. Called Global Tech Exchange, the Brisbane-based project announced on its website Monday that its token sale has now ceased after the Australia Securities Investments Commission (ASIC) stepped in.…

Silicon Valley was the second-highest ranked U.S. hub in CoinDesk's Crypto Hubs 2023. Several of the eight criteria were measured on a national basis, so all the U.S. hubs were hampered by a middling crypto regulatory score, a drivers criteria, which at 35% was the most heavily weighted overall. This poor performance was partially offset…

Mar 29, 2020 at 14:16 UTCUpdated Mar 29, 2020 at 14:20 UTCPodcastsHow MakerDAO’s Stablecoin Survived the Crash, Smart Contract Bugs and Full DecentralizationThe best Sundays are for long reads and deep conversations. Last week the Let's Talk Bitcoin! Show gathered to discuss how the MakerDAO DeFi stablecoin actually works and what happened during the sudden, precipitous drop…

NEWS Traders have reportedly incurred losses after Hong Kong-based cryptocurrency exchange OKEx settled bitcoin cash futures contracts almost without warning ahead of last week’s hard fork. According to a Bloomberg report Monday, the decision by OKEx resulted in significant losses for some investors, including Qiao Changhe, founder of a firm called Consensus Technologies, who said…

Banking giant Chase is banning crypto-linked payments for U.K. clients starting Oct. 16, according to an email to customers."If we think you're making a payment related to crypto assets, we'll decline it," the email said, adding that customers are free to use a different bank or provider to invest in crypto.However, finding a crypto-friendly bank

Crypto exchange Kraken co-founder Jesse Powell is being investigated by Federal law enforcement on claims that he hacked and cyberstalked a non-profit that he founded, a lawyer for Powell confirmed after a report by The New York Times on Thursday.The criminal probe is looking into Verge Center for the Arts' allegations that Powell hindered its…

Bitcoin and Japanese stocks look to stabilize amid rate cut talks. Institutional investors sold spot ETFs Monday. Bitcoin (BTC) zoomed above $56,000 early Tuesday amid a broader market recovery in Asia as bargain hunters stepped in after Monday's steep price slide. CoinGecko data shows that BTC added 6%, its highest 24-hour price increase since May

NEWS U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk earlier this month. In an interview with news source Cheddar on Tuesday, Coinbase head of sales Christine Sandler said that the firm launched the OTC desk as a complement to its exchange business because institutions are using OTC as an “on-ramp for crypto…