Price analysis 11/13: BTC, ETH, SOL, BNB, DOGE, XRP, ADA, SHIB, TON, AVAX
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
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S.E.C. charges 5 for illegally promoting $2 billion Bitconnect Ponzi
The S.E.C. says five individuals "promoted a global unregistered digital asset securities offering." 3302 Total views 10 Total shares Three years and some unforgettable memes later, the Securities and Exchange Commission has announced that 5 individuals will face charges relating to promoting the Bitconnect Ponzi scheme. “The SEC's complaint alleges that these promoters offered and sold…
US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. 53 Total views 1 Total shares The top United States agency for consumer financial protection is considering applying the Electronic Fund Transfer Act (EFTA) to crypto, in an attempt to protect
Why reduced Bitcoin futures volume may signal the start of a new bull trend
Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion.Bitcoin futures volume by exchange (September). Source: Digital Assets DataWhile the decline in trading activity could ostensibly seem like a negative metric, it could…
Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware
Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data.Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its website. While the website does not provide any direct…
Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic
Stolen crypto from Atomic wallets is already on the move to mixers according to Elliptic. 591 Total views 1 Total shares Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm…
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
After the tough sell-off seen in the past week, the cryptocurrency markets will be looking for some support from the macroeconomic data this week. The all-important United States Consumer Price Index report on June 13 will be followed up by the Federal Reserve’s policy decision on June 14. Both these events could trigger a sharp response…
Compound refused to compensate victims of unfair liquidation — Here’s why
Compound governance refused to compensate COMP farmers right now, but the proposal may come back. 766 Total views 5 Total shares On Dec. 14, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai (DAI) liquidations that occurred on Nov. 26.Figures from the Compound governance…
Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here
Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC. 421 Total views 3 Total shares One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And,…