Tagged: bitcoin

December 13, 2018 @ 8:51 am By Cali Haan  |  

Prosecutors and police from the Romanian Organized Crime Brigade and other divisions as well as four agents from the US Secret Service arrested a Bitcoin exchange operator Tuesday in the city of Cluj, Romania, EVZ reports. Călin Vlad Nistor, 30, is reportedly being investigated in two criminal… Read More

December 12, 2018 @ 9:02 pm By Cali Haan  |  

A Danish lawyer and “Bitcoin expert,” Payam Samarghandi, has claimed that Denmark’s Bitcoin and crypto traders have been confused by grey tax regulations, which may have put them at risk of future tax penalties: “There are several of them that the tax authorities have contacted now… Read More

December 12, 2018 @ 8:07 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has just published their second annual report on cryptocurrencies and the digital asset ecosystem. The Global CryptoAsset Benchmarking study is a must read for any industry participant and policymakers engaged in the regulatory oversight of cryptoassets as the… Read More

December 12, 2018 @ 1:26 am By Cali Haan  |  

About eight months ago, a man facing jail for allegedly taking more cash than is legally allowed in a Bitcoin transaction began heavily promoting a “Bitcointopia” project he’d conceived to develop in Nevada. Morgan Rockcoons, (also known as Nodefather, Morgan Rockwell, and Metaballo) posted relentless… Read More

December 11, 2018 @ 11:24 pm By Cali Haan  |  

A taxi driver in London is selling Bitcoins from the back of his cab, Decrypt Media reports. He’s not making a mint- he just enjoys it, he says: “I just enjoy having a go at it. I don’t feel I’m going to become a millionaire… Read More

December 10, 2018 @ 3:37 pm By Samantha Hurst  |  

Just a little over a month after announcing the launch of its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, Poland, Croatia, and Romania, CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has expanded the services in… Read More

December 10, 2018 @ 10:15 am By Cali Haan  |  

A Mormon grandfather in Utah has just published a memoire detailing his involvement with and the subsequent take down of notorious Dark Net marketplace Silk Road, KSL reports. The book, called Silk Road Takedown, is a saga of drugs, faked beatings and corrupt officers that may… Read More

December 9, 2018 @ 4:51 pm By Cali Haan  |  

At least one Chinese cryptocurrency miner is taking a creative financial approach to surviving “Crypto Winter” -the bear market currently punishing crypto prices to some of their lowest levels in over a year, 8BTC reports. Jin Xin, for example, “an ordinary Chinese miner,” is taking a… Read More

December 9, 2018 @ 1:49 pm By Cali Haan  |  

Over the past two weeks, the Israel Tax Authority has opened tax accounts for hundreds of Israelis it believes failed to report profits from cryptocurrency investing, Calcalist reports. The authority is also striking deals with Israeli crypto exchanges obliging them to report big transactions. Notices… Read More

December 8, 2018 @ 8:37 am By Cali Haan  |  

The US Securities and Exchange Commission (SEC) has granted itself an additional 60 days to consider allowing a rule change that would permit the Cboe BZX exchange and VanEck to list a “SolidX Bitcoin ETF” stock. In so doing, the commission will take the full… Read More

December 6, 2018 @ 9:21 pm By Cali Haan  |  

Plaintiffs in Florida have brought a suit against Bitcoin Cash ABC, it’s leader Roger Ver, the Kraken cryptocurrency exchange, and others, arguing the parties colluded, “to take control of the Bitcoin Cash network for personal gain…which caused a global capitalization meltdown of the Bitcoin Cash network… Read More

December 5, 2018 @ 7:00 pm By Cali Haan  |  

US Department of the Treasury Under Secretary, Sigal Mandelker, told attendees of the Financial Crimes Enforcement Conference this week that she expects to cooperate with financial institutions to enhance their illicit finance countermeasures: “We encourage the private sector…to stay proactive and to innovate with new… Read More

December 5, 2018 @ 3:39 pm By Samantha Hurst  |  

Bitwise Asset Management announced on Wednesday the launch of its two new low-cost, liquid beta funds, holding bitcoin and ether exclusively. According to Bitwise, the Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are the second and third strategies in the Bitwise fund family, joining the… Read More

December 5, 2018 @ 1:15 am By Cali Haan  |  

A South African Bitcoin trader is recovering in intensive care following his abduction and torture by bandits who allegedly robbed him of almost $66 000 USD in Bitcoin and cash. According to Soweto Urban, the man agreed to do a talk on cryptocurrency for a… Read More

December 1, 2018 @ 8:30 am By Cali Haan  |  

A Vancouver-based firm mining Bitcoin and Bitcoin cash has reported a Q3 loss of $1.5 million, thanks mainly to very high levels of mining “difficulty” (competition) in relevant networks coinciding with a “significant decline in the price of Bitcoin.” The report offers a rare glimpse… Read More

November 30, 2018 @ 12:37 pm By Cali Haan  |  

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Bitcoin addresses of two Iranians the office says processed Bitcoin ransoms on behalf of Iranian hackers who targeted government and business sites in the US and Canada. Anyone who does… Read More

November 29, 2018 @ 7:15 pm By Cali Haan  |  

Yesterday, the American Justice Department indicted Iranian citizens Faramarz Shahi Savandi, 34, and Mohammad Mehdi Shah Mansouri, 27, for executing remote cyber attacks against 200 American government agencies, municipalities and health care businesses, the Daily Mail reports. The charges were announced by US Deputy Attorney… Read More

November 29, 2018 @ 2:27 pm By Cali Haan  |  

Plaintiffs who pressed criminal fraud charges in Cyprus against accused former BTC-e crypto exchange administrator Alexander Vinnick have withdrawn the charges, TASS reports. “A court session of the Limassol District Court was held on November 27, 2018, where the plaintiffs withdrew the action to accuse… Read More

November 29, 2018 @ 4:35 am By Cali Haan  |  

  A lawsuit involving a prominent figure in the “thriving” Israeli crypto sector, Moshe Hogeg, has revealed that one of the country’s most famous crypto companies, Invest.com, was formed in part from from a failed Israeli binary options firm sanctioned internationally for fraud, Times of Israel reports. On… Read More

November 28, 2018 @ 10:43 am By Cali Haan  |  

Yesterday was a tough one at Galaxy Digital, the cryptocurrency-focussed merchant bank started late last year by former Goldman Sachs partner and legendary hedge fund operator Mike Novogratz. At 11:25 am ET yesterday, November 27th, the Toronto Stock Exchange halted trading of Galaxy Digital’s $GLXY… Read More