Crypto Biz: Bitfarms gets new board after months of power struggles
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
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Aussies revealed as prime targets of Israel crypto scam syndicate
Australian residents have been identified as one the primary targets of a sophisticated network of cryptocurrency call-center scammers — which are suspected to be run by Israel-based crime bosses. Evidence uncovered after a full-scale raid of four Serbian call centers and 11 residences by Serbian, German, Bulgarian and Cypriot authorities found that Australians were among the top…
US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC. 174 Total views 1 Total shares The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to allow customers to withdraw their crypto and fiat.…
Bitcoin transactions dive 30% in 6 months amid BTC price 'disinterest'
Bitcoin is well and truly stuck, analysis concludes, but there are signs that a BTC price breakout from an increasingly "unstable" range is brewing.
Chinese Regulators Set to Push Inspections of Crypto Mining Firms
Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies.The Global Times reported on Nov. 13 that northern China's Inner Mongolia Autonomous Region is tightening its grip on crypto mining companies, as it intends to dispatch inspection units to assure the “clean-up and rectification of crypto…
Key Bitcoin price indicators signal bulls bought the $43K restest
Bitcoin's (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market but from a technical perspective, this was purely psychological as the digital asset held the $43,000 support with ease. This downside move caused indicators like the Crypto Fear & Greed Index to hit 38,…
Coinbase CEO says leaving US ‘not even in the realm of possibility right now’: Report
Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market. 99 Total views 1 Total shares Brian Armstrong, chief executive officer at Coinbase, has reportedly waffled about whether the cryptocurrency exchange plans to leave the United States amid…
Expert: China’s Digital Yuan Will Target the Dollar, Not Bitcoin
With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts. 924 Total views 41 Total shares Having learned what it needs from the cryptocurrency space and blockchain, China will aim to rival the U.S. dollar, not Bitcoin (BTC), with its highly-anticipated digital yuan.Matthew Graham, a veteran investment banker…
The FBI’s takedown of Virgil Griffith for breaking sanctions, firsthand
Ethereum developer Virgil Griffith took a plea deal after breaking sanctions against North Korea and was formally sentenced earlier today— the final chapter in a two-year journey as bizarre as it is shocking. Journalist Ethan Lou, author of Once a Bitcoin Miner, attended the infamous event in North Korea at which Griffith spoke. He was…