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News

shutterstock_713111224
Markets
Crime
Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement
The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB.
shutterstock_713111224
By Anna Baydakova
Nov 15, 2019 at 9:22 p.m. UTC
Nov 15, 2019
CrimeExchangesBTC-eNewsPolice InvestigationsAlexander VinnikWex
Federal Reserve. Credit: Shutterstock
Markets
Federal reserve
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
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. 
Federal Reserve. Credit: Shutterstock
By Danny Nelson
Nov 15, 2019 at 9:00 p.m. UTC
Nov 15, 2019
Federal ReserveCentral BankRegulationNewsCentral Bankingcapital marketsStablecoinFinancial Stability Reportus-canada
tether, stablecoin
Markets
Tether
Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.
tether, stablecoin
By Nate DiCamillo
Nov 15, 2019 at 8:42 p.m. UTC
Nov 15, 2019
TetherNewsLegalUSDTNYAGbusiness news
(Shutterstock)
Markets
Bitcoin
As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain
A rogue chain has developed following bitcoin cash's planned hard fork and has yet to cease production.
(Shutterstock)
By William Foxley
Nov 15, 2019 at 6:42 p.m. UTC
Nov 15, 2019
BitcoinNewshard forkBitcoin Cash
chainalysis-bitforex-3
Markets
Crime
Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.
chainalysis-bitforex-3
By Danny Nelson
Nov 15, 2019 at 6:20 p.m. UTC
Nov 15, 2019
CrimeExchangesNewscapital marketsAsia PacificBitforexphilip-gradwellus-canada
(Sarkao/Shutterstock)
Markets
China
China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.
(Sarkao/Shutterstock)
By Wolfie Zhao
Nov 15, 2019 at 5:17 p.m. UTC
Nov 15, 2019
ChinaNews
Father baby cellphone
Markets
Food and drink
Nestle, Carrefour Extend Blockchain Tracking Effort to Baby Milk
Nestle and Carrefour are using IBM's Food Trust blockchain platform to track organic baby milk products "from dairy to shelf."
Father baby cellphone
By Daniel Palmer
Nov 15, 2019 at 2:20 p.m. UTC
Nov 15, 2019
food and drinkIBMNewsSupply ChainFood TrackingNestleCarrefour
Lviv Ukraine railway
Markets
Crime
Ukrainian Railways Branch Caught Mining Crypto With State Power
The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.
Lviv Ukraine railway
By Daniel Palmer
Nov 15, 2019 at 1:30 p.m. UTC
Nov 15, 2019
CrimeMiningUkraineNewsRailways
BRICS sculpture
Markets
Russia
BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance
The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.
BRICS sculpture
By Daniel Palmer
Nov 15, 2019 at 10:10 a.m. UTC
Nov 15, 2019
RussiaNewsTradeBRICS
dojfbi
Markets
Fbi
US Authorities Arrest Alleged SIM Swappers After Crypto Thefts
The FBI has arrested two individuals on charges of stealing and attempting to steal $550,000 in cryptocurrency by SIM swapping 10 victims.
dojfbi
By Nikhilesh De
Nov 14, 2019 at 7:38 p.m. UTC
Nov 14, 2019
FBINewsDOJSIM Swapping