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News

https://www.shutterstock.com/image-photo/bonn-north-rhinewestphalia-germany-may-14-1163916625?src=JTcYae8lgEhOiNYpcZkIcQ-1-2&studio=1Germany

German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations

William FoxleyNov 15, 2019

Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency.

Crime

Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement

Anna BaydakovaNov 15, 2019

The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB.

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Sam Cassatt speaks at Ethereal Summit NY 2019, photo by Brady Dale for CoinDeskVenture Capital

ConsenSys Strategy Chief Steps Down to Launch Venture Fund

William FoxleyNov 15, 2019

ConsenSys CSO Sam Cassatt is stepping down to open a new venture fund focused on "evolutionary changes in human behavior."

Federal Reserve

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

Danny NelsonNov 15, 2019

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Tether

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

Nathan DiCamilloNov 15, 2019

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

Bitcoin

As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain

William FoxleyNov 15, 2019

A rogue chain has developed following bitcoin cash's planned hard fork and has yet to cease production.

News

Chainalysis Says BitForex Trading Volumes Could Be Fake

Danny NelsonNov 15, 2019

The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.

China

China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns

Wolfie ZhaoNov 15, 2019

China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.

Food and Drink

Nestle, Carrefour Extend Blockchain Tracking Effort to Baby Milk

Daniel PalmerNov 15, 2019

Nestle and Carrefour are using IBM's Food Trust blockchain platform to track organic baby milk products "from dairy to shelf."

Crime

Ukrainian Railways Branch Caught Mining Crypto With State Power

Daniel PalmerNov 15, 2019

The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.

Russia

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

Daniel PalmerNov 15, 2019

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.

FBI

US Authorities Arrest Alleged SIM Swappers After Crypto Thefts

Nikhilesh DeNov 14, 2019

The FBI has arrested two individuals on charges of stealing and attempting to steal $550,000 in cryptocurrency by SIM swapping 10 victims.

News

Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch

David PanNov 14, 2019

Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing phase.

Crime

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

William FoxleyNov 14, 2019

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

More

 
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