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Up & Down: BTCP and ABBC Plummet Amid Controversy

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Up & Down: BTCP and ABBC Plummet Amid Controversy

Up & Down: BTCP and ABBC Plummet Amid ControversyLiquidity has shifted away from the top gaining crypto assets, with only six of the week’s 30 top performing markets currently riding 24-hour volume of seven figures or higher in USD. ABBC comprises the most liquid of the week’s top losers, currently ranking as the sixth poorest performing market of the last seven days after […]

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

Tether Withdraws Claim of USD-Backing While Rival Stablecoins Provide Monthly AttestationsThe controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market […]

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read: […]

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Chinese Government Officials Targeted With Ransomware, North Korea Suspected

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Chinese Government Officials Targeted With Ransomware, North Korea Suspected

Chinese Government Officials Targeted With Ransomware, North Korea SuspectedA statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has […]

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Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit

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Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit

Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth of […]

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Quoine Found Liable for Wrongfully Reversing BTC Trades in Singaporean First

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Quoine Found Liable for Wrongfully Reversing BTC Trades in Singaporean First

Quoine Found Liable for Wrongfully Reversing Trades in First Singaporean Trial Involving BitcoinIn the first Singaporean legal dispute involving BTC, Singapore-registered cryptocurrency exchange Quoine has been found to have wrongfully reversed seven trades placed by market maker B2C2 during April 2017. The ruling has been made following four months of proceedings. Also Read: Thailand Approves Country’s First ICO Portal Quoine Held Liable for Reversing Trades Selling 309 […]

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Auscoin Exchange Suspended After Arrest of Sam Karagiozis

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Auscoin Exchange Suspended After Arrest of Sam Karagiozis

27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network, […]

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73-Year-Old Investor Marc Faber Makes First Ever BTC Purchase

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73-Year-Old Investor Marc Faber Makes First Ever BTC Purchase

In a recent interview with Cash, renowned stock market analyst and investor Marc Faber revealed that he purchased BTC for the first time during late February. The 73-year-old noted that a conversation with the chief executive officer of Xapo, Wences Casares, sealed the deal. Also Read: Up & Down: Large Volume for Today’s Gainers, ENJ […]

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Invesco Blockchain ETF Trading Commences on London Stock Exchange

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Invesco Blockchain ETF Trading Commences on London Stock Exchange

Invesco Blockchain ETF Trading Commences on London Stock ExchangeInvesco, an American investment management company that is traded on the S&P 500, has launched an exchange-traded fund (ETF) targeting companies operating in the distributed ledger technology sector. The blockchain ETF will track nearly 50 companies that stand to benefit from growth in the distributed ledger technology industry including Taiwan Semiconductor Manufacturing Company and Apple. […]

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Up & Down: Large Volume for Today’s Gainers, ENJ and COSM Among Losers

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Up & Down: Large Volume for Today’s Gainers, ENJ and COSM Among Losers

Up & Down: Large Liquidity for Today's Gainers, ENJ and COSM Among LosersIn today’s market action, several of the day’s top 20 gainers have seen eight-figure trade volume over the last 24 hours including GRS, VIA, DMT, and CVC. When looking at the worst performing markets, ENJ and COSM command the largest volume of the day’s top losers. Also Read: Old School Altcoins Can’t Stop Popping High […]

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