BitMEX pleads guilty to Bank Secrecy Act violation
BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.
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Major Coins Trading Sideways, Bitcoin Hovers Around $8,000
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Crypto payments banned in Turkey — Is this just the beginning?
Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a political debate since the Central Bank of the Republic of Turkey’s April 16 announcement that it will forbid the use of cryptocurrency as a payment method. The regulation, which will go into effect on April…
Fundstrat Co-Founder Tom Lee: US Fed Rate Cuts Are Helping Bitcoin
Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC). Lee remarked on how the rate cuts positively impact Bitcoin investment in an interview with Fox Business on July 31, saying:“Bitcoin’s becoming increasingly a macrohedge for investors against things that…
Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs.A flight to $34,000 means that BTC/USD is now down by half in just two months, and perhaps naturally, concerns are that the losses could continue.With $30,000 so far unchallenged,…
PleasrDAO files lawsuit against Martin Shkreli
The decentralized autonomous organization claimed Shkreli’s livestream of a one-of-a-kind Wu-Tang Clan album owned by the DAO caused undue damage.
Venezuela Sets New Bitcoin Volume Record Thanks to 10,000,000% Inflation
Venezuelans traded more bolivars for Bitcoin (BTC) than ever before last week, but the statistics say more about fiat than cryptocurrency. Yet another Bitcoin volumes record for VenezuelaData from Coin Dance, which tracks trading activity on P2P exchanges Localbitcoins, Paxful and Bisq, confirmed the seven days to July 20 were Venezuela’s biggest on record.During that period,…
Airbnb plays blockchain buzz-word bingo in $1B IPO filing with SEC
Meanwhile, crypto firms are genuinely trying to revive the badly-hit travel sector using distributed-ledger technology. 1395 Total views 12 Total shares Short-term accommodation booking platform Airbnb has filed a prospectus for a $1 billion initial public offering, or IPO, with the United States Securities and Exchange Commission on Nov. 16.Hidden away in the 350+ page…
British art icon Damien Hirst to accept BTC, ETH payments for print run
The artist is accepting payments in currencies that will last longer than a shark in formaldehyde. 2741 Total views 12 Total shares Yet another fine art institution is jumping on the crypto bandwagon. British artist Damien Hirst and printmaker HENI Leviathan announced Thursday the release of a print run of eight Hirst paintings, which will be…