China Seeks to Block Access to 124 Foreign Crypto Exchanges

Oct 2, 2020 at 15:38 UTCUpdated Oct 2, 2020 at 16:32 UTCNew York City(Gary Hershorn/Getty Images)The head of bitcoin escrow company Volantis pleaded guilty in New York on Thursday to one count of commodities fraud for bilking an investor of over $3 million.Jon Barry Thompson, 49, admitted in Manhattan federal district court that his crypto…

Stablecoin issuer Tether's CEO made a U.S. appearance to explain how helpful his company is being with law enforcement agencies and how he'll embrace government oversight. The appearance at DC Fintech Week was remote, with Paolo Ardoino making his case from a video screen. Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that

May 8, 2020 at 19:35 UTCUpdated May 8, 2020 at 19:38 UTCNew Zealand’s Central Bank Is Hiring a Money FuturistMoney futurists with a flair for central banking, take note: The Reserve Bank of New Zealand is hiring.New Zealand’s monetary authority is looking for a “Head of Money and Cash,” a new position that will, according…

Sep 30, 2020 at 21:20 UTCUpdated Sep 30, 2020 at 21:29 UTCThirst Traps Explode on NFT Platforms, With Predictably Controversial ResultsSexy selfies and feminist GIFs are selling like hotcakes on non-fungible token (NFT) markets, but not everyone is thrilled about this trend.  Blockade Games co-founder Marguerite deCourcelle, who sold more than $160,000 worth of NFTs before…

Jul 13, 2020 at 15:05 UTCAbra CEO Bill Barhydt (CoinDesk archives)Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) relating to its offering of swaps deemed unlawful by the regulators. In two statements Monday, the SEC and CFTC said they had filed charges against…

Investment management company Invesco (IVZ), which has $1.4 trillion assets under management, reapplied for a spot bitcoin (BTC) exchange-traded fund (ETF).In 2021, Invesco first filed for a bitcoin ETF in conjunction with Galaxy Digital. It also filed for a bitcoin futures ETF, but dropped the effort in October 2021 after a futures ETF by ProShares…

The nightmare of every NFT collector is losing their seed phrase. It’s hard to see a hacker steal your non-fungible tokens (NFTs), but it’s harder to see them sitting in a dead wallet, because you’ve got no one to blame but yourself.Even worse, stolen NFTs can be recovered, but a dead wallet is forever. The

Aug 28, 2020 at 15:04 UTCUpdated Aug 28, 2020 at 15:18 UTCGas flaring on the Bakken oil field (Ken Cedeno/Getty)Publicly traded petroleum multinational Equinor is moving to significantly reduce natural gas flaring by mining cryptocurrency, according to screenshots from Equinor’s intranet received by Arcane Research Friday. A new strategic partnership will see the firm implement…

Decentralized exchange (DEX) ZkLink has closed a $8.5 million funding round led by Republic Crypto to help ramp up for its market launch later this year.ZkLink aims to become the first multi-chain DEX to enable one-click, cross-chain transfers across both Ethereum Virtual Machine (EVM) and non-EVM-compatible chains.At launch, the first layer 1 chains to be…