Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison

Bitcoin (BTC) surged past $31,000 Monday for the first time since mid-July as cryptocurrency markets continued their October bull run.BTC rose over 4% in the past 24 hours and traded at around $31,200 during early U.S. afternoon hours, outperforming the broader crypto market-proxy CoinDesk Market Index (CMI), which was up 3.7%. The move brought bitcoin

Bitcoin is a global, decentralized currency that is beyond the control or guarantee of any country. Recent months in the Bitcoin ecosystem have been marked by a fever pitch of optimism based on the approval of Bitcoin spot market exchange-traded funds. These ETFs are driving Bitcoin’s adoption into the mainstream through the retirement accounts of

Bitcoin continues to trade in a narrow range for the 13th straight day and a move above $6,800 is needed to confirm a bullish breakout, according to technical chart. At press time, the leading cryptocurrency is trading at $6,600, representing a 1.65 percent gain on the day. BTC has been restricted to a narrow range…

news The cryptocurrency markets endured a loss of as much as $10 billion around 21:00 UTC on Thursday, following allegations that the Bitfinex exchange covered up an $850 million shortfall using the U.S. dollar-pegged Tether (USDT) stablecoin. The New York Attorney General’s office alleged in a statement on Thursday that Bitfinex lost $850 million and used customer…

NEWS Oct 12, 2018 at 10:00 UTC  |  Updated  Oct 12, 2018 at 10:01 UTC A U.S. crime-fighting agency is urging domestic exchanges to help prevent the Iranian regime from using cryptocurrency to bypass economic sanctions. The Financial Crimes Enforcement Network (FinCEN) published an advisory Friday, stating that Iran's "illicit and malign" use of cryptocurrency to "exploit" the…

Without explicitly naming Tether (USDT) as the sector's leader, a top official from the U.S. Department of the Treasury took a shot Wednesday at the dangers of non-U.S. stablecoin issuers that use dollar backing, arguing they need to address their use by bad actors.Deputy Secretary of the Treasury Wally Adeyemo issued a wide-ranging warning about

Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.

Members of the European Parliament held a meeting on Tuesday to discuss a proposal that, if approved, would create new regulations on initial coin offerings (ICOs) held within the economic bloc. The All-Party Innovation Group within the EU Parliament met to examine the potential benefits and issues with rules for ICOs that would form part…

Alex Sunnarborg is a founding member of Tetras Capital Partners, LLC, an investment manager focused on investing in crypto assets. Eighteen months ago, CoinDesk sent a survey to its readers asking for their opinions on the current state of the crypto ecosystem. The results were analyzed and published in the State of Blockchain Q1 2017. In…