SEC sues Nova Labs over alleged unregistered crypto securities offerings

U.K. Member of Parliament (MP) Stephen Hammond has joined the advisory board of a new retail investor-focused crypto exchange to provide guidance on government relations. The news was shared in a press release with Cointelegraph today, Oct. 22.Hammond is also notably a member of the Treasury Select Committee, where he is responsible for government financial…

Jesse Powell, Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns.

Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech.Deforestation and fires in the Brazilian AmazonOn Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to fight against…

Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books.Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG, which now has over $1 billion in assets under management.Economist: Fed must print $5…

Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies.Market visualization courtesy of Coin360Data from Coin360 put BTC/USD trading at around $9,675 at press time Friday after a minor correction from earlier highs.The performance further cements bitcoin’s bullish progress over the past three…

New York-based blockchain payment startup Flexa has added litecoin (LTC) as the fifth crypto accepted by merchants on its payment network, the company officially announced on July 3.Following the listing, litecoin is now accepted as payment at more than 39,250 locations, as Flexa tweeted yesterday.Litecoin, the fourth biggest crypto by market cap, has become the…

Hong Kong is “very ready” for the next wave of mass crypto adoption, with an influx of crypto talent that has been spilling into the aspiring digital asset hub, says Jupiter Zheng, a partner at Hashkey Capital. Speaking to Cointelegraph, Zheng, partner of liquid funds and research at the investment arm of Hong Kong crypto firm

Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport. 232 Total views 4 Total shares Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague…

The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.”Continue to enforce existing U.S. and U.N. sanctions against North KoreaOn Sept. 13, the U.S. Department of Treasury announced sanctions against North Korean hacking groups, more specifically the renowned Lazarus group,…