In EtherDelta Case, SEC Hints Most Ethereum Based Tokens are Securities

The U.S. Securities and Exchange Commission (SEC) has officially charged Zachary Coburn, the founder of cryptocurrency exchange EtherDelta, for operating an unregistered securities exchange. The regulatory agency’s move to charge Coburn comes amidst a greater trend of increasing regulation over the cryptocurrency industry. In a press release today, the SEC announced that the charges against Coburn are…

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EU Financial Watchdog to Address Past ICOs Case by Case

The European Securities and Markets Authority (ESMA), the European Union’s financial watchdog, has announced it is taking the same approach to initial coin offerings (ICOs) as its U.S. counterpart. The agency is examining all types of cryptocurrency fundraisers to determine how they fit EU’s regulatory framework. ESMA to Assess What to Do with ICOs Outside…

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Bitcoin (BTC) Cannot Fall Below $5,800 Under The Bullish Case

Bitcoin (BTC) has to make a move by next week. The weekly chart for BTC/USD shows that Bitcoin (BTC) is about to close a weekly candle right next to the downtrend resistance. If this candle closes above the downtrend resistance, which is quite likely, we will see the beginning of a new cycle from next…

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A Guide to Building Your Own Crypto Mining Rig

Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash. Here’s a guide on how to build…

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Cashless Societies Sound Great in Theory, but Fail in Reality: A China Case Study | BTCMANAGER

With the world’s most advanced and widespread digital payments infrastructure, cash is fast becoming a thing of the past in China. Internet payment giants like Alipay and TencentPay have cornered a vast domestic market and created what some see as a utopia of ubiquitous mobile payments. A  Foreign Policy report, however, shows a very different…

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New Report Warns EU Policymakers Not to Ban Bitcoin

New research analysis on cryptocurrencies for the Economic and Monetary Affairs Committee of the EU parliament cautions lawmakers neither to ignore nor “attempt to ban” virtual currencies.  A ‘Contemporary Form of Private Money’ The report, provided by Policy Department A at the request of the European Union Parliament’s Economic and Monetary Affairs Committee, is titled Virtual currencies…

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UK TSB Bank’s Customers, Affected by IT meltdown – The FCA is Investigating the Case

TSB Bank in the U.K. had an IT meltdown, leaving millions of customers unable to make payments for food, fuel, or any kind of transactions. They were not even able to view their balance. The FCA is currently investigating the IT failures. TSB mass IT failure is currently investigated by the FCA The Financial Conduct…

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Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition

Just recently news.Bitcoin.com reported on Ross Ulbricht being denied a post-conviction relief extension this past February. Since then Ulbricht’s new legal team and his family continue to fight for Ross’s freedom with a filed a Petition of Certiorari with the United States Supreme Court. The Fight to Free Ross Ulbricht Continues With a Petition of…

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Meteorologists-miners, Australian police investigate an unusual case

Two IT specialists wrote the crypt in the meteorological office. Australian police suspect two IT specialists that they obtained crypto currency on the powerful computers of the Bureau of Meteorology, where they worked. The Australian Federal Police (AFP) searched the Meteorological Service in Melbourne and interrogated suspects. The Federal Police added that from the beginning…

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