Bitcoin ‘potentially reached’ local bottom, Bitfinex says

A 13-count indictment has been filed in the United States District Court in Portland, Oregon, charging two men with the theft of 10.88 bitcoin (BTC) worth roughly $59,000 as part of an allegedly fraudulent investment scheme.The development was announced by the U.S. Attorney’s Office for the District of Oregon in a news release published by…

A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad.Despite representing one of the primary sources of crypto transaction data for federal agencies like the Internal Revenue Service and the FBI, Chainalysis does not exactly oppose the privacy and decentralization of crypto.“Complete transparency is…

Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18.Reiterating his previous statements predicting that fiat money will become laughable and obsolete…

Other terms that went unmentioned: cryptocurrency, blockchain, central bank digital currency, deepfake, and election security.

Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. 2348 Total views 12 Total shares Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the country.According to a report by…

The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange. 147 Total views 1 Total shares The Securities and Futures Commission (SFC) of Hong Kong announced it will update its policies on virtual currency sales and requirements “in light of the latest market developments and

Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.

When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent altcoins rose on the back of a phenomenon now known as the “Libra Effect.”As so often occurs…

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