SEC approves New York Stock Exchange listing of Bitcoin options ETF
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.
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Bitcoin Price Dips Below $7,400 Amid Futures Volatility, Eyes $7,000 Support
Bitcoin (BTC) dropped around 2 percent Friday, August 3, failing to find support to stay above the $7,500 barrier for the first time this week. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 show a sudden dip downwards from $7,550 Friday, with BTC/USD trading around $7,363 at press time. That figure marks…
Her Majesty the Queen Rules Out Crypto as Currency
Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency taxation policy paper for businesses and individuals.The HMRC's approach in this policy paper is, as expected, conservative, and it stands in…
Huobi Korea to Strengthen Anti-Money Laundering Protections
Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21.According to the statement, Huobi Korea, which launched its services in 2018, has reviewed its deposit and withdrawal processes and fiat-to-crypto oversight. The company…
Binance hires Trump lawyer who helped put Gawker Media out of business
Celebrity attorney with extensive Hollywood and political connections will appear in battle with Forbes 1354 Total views 1 Total shares In a lawsuit filed today in the U.S. District Court of New Jersey, Binance alleged that an article published by Forbes was defamatory and caused "millions of dollars" in damages.While there are already questions forming…
Binance $3.9B USDT move gains community attention amid DoJ settlement claims
Binance transferred $3.9 billion USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published. 203 Total views 1 Total shares Crypto community members on X (formerly Twitter) have turned their focus onto a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on
Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost
Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated.After obtaining more than 6,000 BTC by 2017, Collins decided to insure himself against hackers by distributing the cryptocurrency across 12 newly created accounts. Thus,…
Ethereum Classic up 75% in 8 days, but will ETH miners migrate after ETC ‘fifthening’?
Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly "death cross" on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain. ETC's price jumped over 15.5% to reach $44 a token for the first time since Dec. 9, 2021. The coin's…
BitGo Completes Further SOC 2 Compliance Certification Year After Deloitte Award
Blockchain security firm BitGo has gained a further security certification from an external auditor after a review of its compliance, cryptocurrency industry news resource The Block reported on April 23.BitGo, which last year gained a service organization control (SOC) 2 Type 1 certification from Deloitte, has now upped its procedures to conform to the Type…