Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal

The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. 6, in which the regulator also noted that the number of suspensions is only slightly lower than last year’s 280.31 court-ordered…

After attempting to sell her home, California-based psychologist Mary Shea is suing buyer, Mike Cherwenka, for attempting to pay for 30% of the property’s value in the form of a “worthless” crypto asset called ‘Troptions.Gold.’ The dispute has left her unable to sell the home as Cherwenka’s company still claims an interest in it.Shea accuses…

Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.On-chain losses "remain quiet"BTC/USD dipped to just $25,350 on June…

Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team.Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a…

The Texas State Securities Board (TSSB) has taken emergency action against cloud mining firm Ultra BTC Mining for issuing unregistered securities. The emergency cease-and-desist order was jointly filed against Ultra Mining by the TSSB and the Alabama Securities Commission on April 8. The securities regulators accused Ultra Mining of registration violations, fraud, failures to disclose key…

The decentralized finance market seems to be deflating after the DeFi summer craze when tokenized versions of Bitcoin and protocols, such as Uniswap and SushiSwap, outperformed the rest of the market. Earlier in October, the two main DeFi indices, Binance’s DeFi Composite Index and TokenSet’s DeFi Pulse Index Set lost more than 60% and 50%…

The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters. 887 Total views 24 Total shares The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and…

As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up from 10 million in December. From virtual conferences to online birthday parties, thousands of individuals have flocked to…