Aussie admits to promoting BitConnect crypto services without a license
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts.
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New Bill in Ukraine to Finally Let Crypto Firms Open Bank Accounts
Ukraine is getting closer to providing a legal status for cryptocurrencies like Bitcoin (BTC) with a new draft bill published on Monday.On May 18, the Ministry of Digital Transformation of Ukraine published a new draft bill “On Virtual Assets” that aims to determine the legal status of crypto assets, rule of their circulation and issuance…

Using Digital Currency for Climate Markets
Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2 and is connected to efforts to reduce carbon emissions that cause climate change. Carbon markets are one of the best…

Record first quarter for institutional crypto investment products: CoinShares
Assets under management for institutional funds have hit a record high of $59 billion. 2553 Total views 21 Total shares According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows.As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this…

Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin's 21% price decline Saturday. 1804 Total views 17 Total shares Ethereum's native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world's leading crypto by market capitalization.The ETH/BTC…

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
The company was authorized to choose between receiving a $30 million or a 500 Bitcoin loan from Galaxy Digital.

Simetri Research Launches Dashboard for Short-Term Crypto Traders
Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals.Closing the information gapCrypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the…

86-year-old to pay $14M after admitting to running crypto Ponzi scheme
Prosecutors sought five years probation for crypto schemer David Kagel because of his age and ailing health.

Crypto gambling site Stake sees $16M withdrawals in possible hack
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether. Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account has been labeled “Stake.com Hacker”