The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case
U.S. District Court for the Eastern District of New York.Patrick McDonnell was sentenced to 33 months in federal prison Thursday after pleading guilty to charges of defrauding investors in his crypto trading firm CabbageTech, otherwise known as Coin Drop Markets.
VC Giant Grayscale Investments Reports Record-Breaking Year
Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.
The upcoming halving could push Bitcoin to new all-time highs
Bitcoin is only 117 days away from a block rewards reduction event that affects the number of tokens that can be generated every 10 minutes.
New Hampshire Lawmakers Vote Down Crypto Tax Bill
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.
Dead Coins and Wallets: The Treasures of Atlantis or Zombie Uprising?
A significant number have faded out and are now considered dead. Deadcoins, a platform that chronicles crypto projects that have ceased or have negligible operations, puts the number of dead crypto at 1,867 as of Jan. 16, 2020.
Bill to Exempt Small Crypto Transactions From Taxes Returns to US Congress
A bill seeking to exempt personal cryptocurrency transactions from taxation for capital gains has been reintroduced in the Congress of the United States.
Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019
Binance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin transfers in 2019, according to a new report.
Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin
The Coinbase-backed Crypto Ratings Council, a group of major United States' cryptocurrency firms seeking regulatory clarity, has welcomed new members.
Telegram's Legal Battle With the SEC Heats Up Over TON Bank Records
Although an initial court decision seemed to have allowed Telegram to maneuver around the request by the SEC to provide the company's banking records, that decision has since been reversed.
Bancor's Airdrop as First Step to Take Blockchain Out of 1997: Interview
Decentralized exchange project Bancor is currently in the midst of launching a massive airdrop to all its token holders.
NBA team introduces Ethereum-based auction platform for $5.4 billion sports memorabilia industry
The Sacramento Kings, an NBA basketball team, has partnered with ConsenSys, the leading Ethereum development studio, to introduce a new auction platform that handles live bidding on in-game sports gear using a supply chain product called Treum.
Hodlonaut's case with Craig Wright gets dismissed, new battle to take place in Norway
Hodlonaut has claimed a small, but significant victory against Craig Wright, as his libel case against the anonymous Twitter analyst has been dismissed by the High Court of Justice in the U.K. According to Hodlonaut, the legal battle will continue in Norway, as the court ruled the country had jurisdiction over the matter.
Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has created its own insurance company to protect clients against the potential loss of coins from its offline vaults - with a possibly record-breaking $200 million coverage limit.
Fintech Startup Aims to Create New Asset Class With 'Continuous' ICO Model
A newly launched fintech firm hopes to leverage the token sale model to back investments in real-world assets.
Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership
Former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, former LabCFTC Director Daniel Gorfine and investor Charles Giancarlo want to take the dollar digital - and they're not waiting for the Federal Reserve.
Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join
The Crypto Ratings Council, the Coinbase-led organization hoping to create a standard for assessing whether different cryptocurrencies are securities under U.S. law, is adding new members.
Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash
The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in tokenized securities.
Bitcoin's Share of PoW Mining Rewards Now Above 80%
Bitcoin miners were paid over $15 million worth of the cryptocurrency as incentive to mine blocks and secure the network on Jan. 9.
Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M
The Winklevoss' Gemini Exchange has launched an insurance company to cover up to $200 million for Gemini Custody - reportedly the largest amount for any crypto custody service in the world.
Binance Exchange to Restrict Access to Japan Residents
In a Jan. 15 announcement on Binance's Japanese support website, the exchange revealed it would restrict access to residents of Japan at an unspecified later date.
Russia's New Prime Minister Sets Course for Digital Economy
The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy.
Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission, plans to promote the blockchain-based United States dollar with a new think tank.
It's decision time for Bitcoin as it hovers near a critical trendline; levels to watch
It's no secret that 2020 has been a great year for Bitcoin and the entire crypto markets, as the first two weeks of the New Year have allowed BTC to surge from lows of $6,800 to highs of $8,900, while many major altcoins have begun starting parabolic rallies.
Bithumb Exchange Fighting Back Against 'Groundless' $69M Tax Bill
South Korea-based exchange Bithumb is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
Liquid Exchange Cancels Sale of Telegram's Gram Tokens
Japan-based Liquid exchange has cancelled its sale of Telegram's not-yet-launched gram tokens.
Bull Breather? Bitcoin Market Turns Indecisive at Two-Month High
Bitcoin is facing temporary bullish exhaustion, according to Wednesday's "Doji" candle.
Bithumb Cryptocurrency Exchange Goes to Court Over $69M Tax Bill
Major South Korean cryptocurrency exchange Bithumb has decided to litigate a near $69 million tax bill levied by the National Tax Service.
No, It Wasn't Craig Wright: Bitfinex Moves $1B in Bitcoin for 48 Cents
The transaction followed fresh developments in the court case involving Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor, Satoshi Nakamoto.
Zcash Poised to Finally Have Private Transactions on Mobile With SDK Release
The for-profit developer behind Zcash, Electric Coin Co., has released on Jan. 15 a set of resources to facilitate the implementation of shielded transactions on mobile.
Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme
A human rights lawyer representing victims of an alleged cryptocurrency pyramid scheme in Thailand is taking their case to the country's Department of Special Investigation.