January 1, 2020 @ 4:00 pm By Cali Haan  |  

Parity nodes on the Ethereum cryptocurrency network stopped syncing December 30th after sustaining an apparent attack. Parity Technologies acknowledged the attack in an announcement December 31st: “We have investigated reports of some Parity Ethereum nodes not syncing and believe there may be an attack underway.”… Read More

December 31, 2019 @ 3:06 pm By Cali Haan  |  

Companies wishing to provide the Ontario Securities Commission (OSC) with, “feedback on the regulatory and capital raising challenges faced by innovative businesses at various stages of development,” have until Friday, January 3rd, to complete the OSC’s Launchpad Survey. The survey was designed in collaboration with… Read More

December 31, 2019 @ 2:49 pm By Cali Haan  |  

Square (NYSE:SQ), maker of the popular mobile peer-to-peer payments service Cash App, is hiring a Product Manager to build out Cash App’s cryptocurrency investing services. Cash App’s new Product Manager, Crypto Investing, will focus on growth. The successful candidate will have license to, “own the… Read More

December 30, 2019 @ 5:41 pm By Cali Haan  |  

Due to dry conditions and a 30% rise in electricity consumption expected this winter, officials in China’s Sichuan province reportedly compelled players in the region’s cryptomining sector to attend a meeting on December 27th. According to 8BTC, the meeting involved, “participation of 12…regulatory bodies including(the)… Read More

December 30, 2019 @ 4:05 pm By Cali Haan  |  

Brian Armstrong, the CEO of the Coinbase cryptocurrency exchange, has written on Reddit that, “Apple seems to be eliminating usage of Dapps from the App Store.” (NASDAQ:APPL) “This is really unfortunate to see,” he writes. According to The Block, Coinbase Wallet has issued a notice… Read More

December 30, 2019 @ 2:43 pm By Cali Haan  |  

An Ethereum developer accused of providing “highly technical information” to North Korean officials on how to use cryptocurrencies to avoid U.S. sanctions has been denied bail in New York, Inner City Press reports. Virgil Griffith, 36, is accused of knowingly violating US sanctions against the… Read More

December 30, 2019 @ 11:38 am By Cali Haan  |  

The Committee of Sponsoring Organizations of the Treadway Commission (COSO), a prominent anti-fraud self-regulatory advisory in the U.S., will issue, “guidance for companies to strengthen their oversight of blockchain-technology projects,” in Q1 2020, The Wall Street Journal reports. According to the WSJ, “The guidance is aimed at… Read More

December 29, 2019 @ 12:23 pm By Cali Haan  |  

Lawmakers in Uzbekistan have made a sudden decision to ban the purchase of cryptocurrencies in the region. Securities.io elaborated on the development, stating, “The new legislation bars all citizens from buying digital currencies, even from licensed exchanges.” Citizens can reportedly sell their cryptocurrency holdings, but… Read More

December 29, 2019 @ 10:20 am By Cali Haan  |  

Citing a “serious risk of flight,” Judge William Matthewman has ordered the pre-trial detention of Jobadiah Sinclair Weeks in Florida. Weeks is one of three men arrested in different parts of the U.S. in early December for allegedly carrying out a $722 million USD cryptocurrency “mining”… Read More

December 28, 2019 @ 10:31 am By Cali Haan  |  

Bank of Canada governor Stephen S. Poloz presented the bank’s 2020 vision at the Empire Club of Canada in Toronto December 12th. In the speech, Poloz described “major forces acting on the economy…(and) what the Bank will be doing about them.” With regards to Fintech,… Read More

December 28, 2019 @ 9:00 am By Cali Haan  |  

Switzerland’s finance minister and outgoing president, Ueli Maurer, says he doesn’t think Facebook’s proposed Libra cryptocurrency project can proceed in its current form, Reuters reports. This is mainly, “because central banks will not accept the basket of currencies underpinning it,” Maurer claimed. “The project, in… Read More

December 27, 2019 @ 3:57 pm By Cali Haan  |  

Noting “signs of (a) resurgence of virtual currency trading activities in the country,” four finance regulators in China (the Beijing Local Financial Supervision Bureau, the People’s Bank of China Business Management Department, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory Bureau)… Read More

December 26, 2019 @ 4:53 pm By Cali Haan  |  

Binance, one the world’s busiest cryptocurrency exchanges that blocked U.S. customers this year and now sits in 33rd place, has enabled cryptocurrency purchases via Visa credit card for its European and UK customers. “Binance will now allow users to bind their Visa cards to their accounts and… Read More

December 26, 2019 @ 6:04 am By Cali Haan  |  

The North American Securities Administrators Association (NASAA) has identified cryptocurrencies as one of “the top five products or schemes likely to trap investors in the coming year.” NASAA, “represents state and provincial securities regulators in the United States, Canada, and Mexico,” and has, “a multifaceted… Read More

December 24, 2019 @ 11:50 am By Cali Haan  |  

Police in Tangshen, a city in China’s northeastern coastal province of Hebei, have seized three privately-installed high-power electricity transformers directing stolen electricity to 790 bitcoin mining machines running in an adjacent village. The machines have also been seized, CCTV reports. Police claim the electricity commandeered… Read More

December 24, 2019 @ 10:54 am By Cali Haan  |  

Lawyers for alleged stolen-bitcoin launderer Alexander Vinnick have successfully lobbied for suspension of the Greek Justice Minister’s orders compelling Vinnick’s extradition to France, Greek Reporter writes. For the past two-and-a-half years since his arrest in Greece, Vinnick has been at the centre of an extradition… Read More

December 24, 2019 @ 8:56 am By Cali Haan  |  

The research division of BitMEX says the vast majority of “IEO” (Initial Exchange Offering) tokens sold this year are now trading well below the price they were listed at and/or sold privately for. IEOs are regarded by some as a dressed-up version of ICOs (Initial… Read More

December 24, 2019 @ 7:22 am By Cali Haan  |  

The widow of QuadrigaCX cryptocurrency exchange founder Gerald Cotten is reportedly “shocked and saddened” that lawyers for harmed investors have asked for Cotten’s body to be exhumed. Cotten reportedly died in India last December when acute symptoms of Crohn’s disease overcame him while he was on… Read More

December 23, 2019 @ 5:22 pm By Cali Haan  |  

Republican Congressman Paul Gosar has introduced a “discussion draft” of a bill designed to, “clarify which Federal agencies regulate digital assets, to require those agencies to notify the public of any Federal licenses, certification, or registrations required to trade such assets, and for other purposes.” “The… Read More

December 22, 2019 @ 12:56 pm By Cali Haan  |  

For many reasons, China is regarded as one of the world’s make-or-break regions when it comes to the fate of “blockchain” technology and cryptocurrencies. Before Bitcoin trading was officially banned in China in late 2016, yuan-to-Bitcoin conversions (and vice versa) seemed to account for more… Read More