Nigerian prison fails to bring Binance exec to court
Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.
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BTC price returns to $50K as Bitcoin bears lose $450M in daily liquidations
September turns out to be anything but boring for Bitcoin as shorts lose big on a fresh move above the $50,000 mark. 212 Total views 2 Total shares Bitcoin (BTC) swiftly reclaimed $50,000 on Sep. 2 as bears felt maximum pain and lost hundreds of millions of dollars.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sparks…
Texas Securities Regulator Reveals 16 Orders Issued to Suspect Crypto Investments in 2018
The Texas State Securities Board (SSB) issued a total of 16 orders against suspected cryptocurrency scam investments in 2018, the regulator revealed in its 2018 Enforcement Report published on Feb. 7.Targeting actors luring Texas residents with various investment schemes, the SSB said it had successfully cited a total of 60 people and entities over the…
What are Bitcoin mixers, and why do exchanges ban them?
One of the original allures of cryptocurrency is the narrative that using them provides the sender or recipient anonymously, but this is a common misconception within the sector. In reality, Bitcoin (BTC) and many other cryptocurrencies are easily traceable.Proof of this came earlier this week when on April 27, U.S. authorities arrested the mastermind of Bitcoin…
ZK-proofs are too complicated for decentralized ID — KILT CEO
The governments of Australia, Palau, Argentina, and Estonia are experimenting with different forms of decentralized identity solutions.
US Treasury, IRS propose cryptocurrency regulations for brokers
Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets. 238 Total views 19 Total shares Two federal agencies of the United States — the Department of the Treasury and the Internal Revenue Service (IRS)
Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules
The venture capital firm has taken issue with U.S. regulators latest move against crypto. 2723 Total views 19 Total shares Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States.According to a blog post by a16z general partner Kathryn Haun,…
What asset freeze? Binance BTC outflows muted as users shun panic selling
Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.On-chain losses "remain quiet"BTC/USD dipped to just $25,350 on June…