Senior BitConnect Promotor Arrested by Indian Authorities
Former BitConnect India head Divyesh Darji was arrested at Indira Gandhi International Airport in New Delhi on Sunday.
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Social Media Companies Are ‘Too Big to Fail’
Jul 30, 2020 at 19:54 UTCSocial Media Companies Are ‘Too Big to Fail’Jenny Leung is a blockchain and fintech attorney at Blakemore Fallon PLLC dba Ketsal. This year, 2020, is the year social media institutions became systemically important. This term, “systemically important,” typically describes a financial institution whose failure poses a significant threat to the…

Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes
Exchanges experienced a net inflow of 62,000 ETH ($231 million) this week, suggesting a period of volatility is coming.Daily spot buying from ETH permanent holders hit its highest level in 2024 this week.A significant price correction is expected if a spot ether ETF is delayed or denied due to high levels of open interest.12:10Former SEC

Minnesota Official Alarms Privacy Advocates With Contact Tracing Comments
Credit: Munshots/UnsplashAt a press conference Sunday Minnesota Department of Public Safety commissioner John Harrington compared the methods police were using to identify protestors to those used to track COVID-19 cases. We’ve “begun analyzing the data of who we have arrested, and begun, actually, doing what you would think as almost pretty similar to our COVID. It’s…

Bitcoin Under Pressure After Oil Prices Crash to Record Lows
Apr 21, 2020 at 11:45 UTCOil spill cleanup. (Credit: Shutterstock/Tigergallery)Bitcoin is looking weak after Monday's big crash in the oil markets. The top cryptocurrency by market value is changing hands near $6,820 at time of writing, having faced rejection above $7,200 yesterday., according to CoinDesk's Bitcoin Price Index. Bitcoin's fall came as prices of oil,…

Tron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters
Jan 8, 2021 at 10:38 a.m. UTCUpdated Jan 8, 2021 at 11:23 a.m. UTCTron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters[UPDATED] Video streaming platform DLive, owned by blockchain platform Tron, was reportedly used by far-right extremists to live stream the deadly riot at the U.S. Capitol building on Wednesday.The Southern Poverty Law Center (SPLC),…

Eastern Europe Actively Using Crypto for Illicit Purposes: Chainalysis
Sep 15, 2020 at 15:41 UTCUpdated Sep 15, 2020 at 15:54 UTC(Dmytro Tyshchenko/Shutterstock)A significant amount of cryptocurrencies passes through dark web marketplaces in Eastern Europe, according to Chainalysis. Eastern Europe is actively using crypto for illicit purposes, the blockchain analytics firm said in a recent report. Out of $41 billion in total transaction volume, 1.4%…

Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England’s Andrew Bailey Says
Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or…

$900 Million: Coinbase Records Highest Weekly Ethereum Trading Volume Since 2017
news Weekly trading volume for the world’s second largest cryptocurrency by market value, Ethereum (ETH), reached its highest notional value in over 17-months on the popular exchange Coinbase. In Coinbase’s two most popular ETH markets, ETH/BTC and ETH/USD, a combined total of 3,675,570 units of ETH changed hands from May 13 to May 19, which…