Bitcoin News Roundup for May 5, 2020

Dec 7, 2020 at 3:18 p.m. UTC(Alexandros Michailidis/Shutterstock)BTC-e Operator Vinnik Sentenced to 5 Years in Prison on Money Laundering ChargesAlexander Vinnik, an alleged operator of the now-defunct cryptocurrency exchange BTC-e, was sentenced to a five year prison term for money laundering on Monday.A court in Paris found the Russian national Vinnik guilty of money laundering,…

feature One of the underwriters behind BitGo’s $100 million cryptocurrency insurance policy has accused the custodian of exaggerating the scope of its coverage by using “ambiguous language” in public statements. The controversy boils down to three words. In its February 20 press release, BitGo listed “third-party hacks” among the risks covered by a group of…

Just days ahead of the U.S. presidential election and Federal Reserve policy meeting, the government reported a marked weakening in the labor market last month, though it is unclear to what extent storms in the Southeast affected the data. The U.S. added just 12,000 jobs in October, according to the Nonfarm Payrolls report, well shy

The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) rose by more than 58% before receding on Monday as trading volume hit $597 million, its highest level since October, 2021.Coupled with a spike in trading volume, $3.37 million in leveraged 1inch short positions on have been liquidated over the past 24-hours, according to CoinGlass.Whilst…

Neither financial terms nor the length of contract were disclosed. Crypto.com was one of the most active digital asset firms in securing sports sponsorship deals in 2021-22. The company's aborted sponsorship of the Champions League in 2022 was said to be worth $495 million. 02:29 Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform

Dec 25, 2020 at 12:00 a.m. UTCDeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On UniswapDecentralized exchange (DEX) aggregator 1inch has issued its own governance token. Users of 1inch and the Mooniswap DEX, founded by the same execs, will get rewarded with a Christmas gift of sorts and have a say on matters like…

With bitcoin cash developers at each other throats, the year-old cryptocurrency might just split into two. Created from a hard fork off the original bitcoin network after the scaling debate boiled over last year, bitcoin cash stakeholders seemed unified in their goal of boosting the cryptocurrency's block size parameter in the hopes of attracting more users…

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On Jan. 10, leading pro-EOS YouTuber Colin Talks Crypto announced he had sold all his holdings following the revelation earlier that day that Dan Larimer had resigned his position as CTO of Block.one, the company that made the software powering the EOS blockchain.In fact, Larimer has been gone since the end of the year.EOS, as…