EOS under fire over claims its ICO was a shady “pump scheme”

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During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated...

Ripple (XRP) boss agrees the securities lawsuit has backfired on the SEC

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In reference to the unfolding SEC lawsuit, Ripple CEO Brad Garlinghouse doesn’t hold back in framing the case as farcical. Specifically, he referred to the upholding of impossible...

Ripple wants to know the XRP dealings of SEC employees

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The ongoing SEC vs. Ripple lawsuit sees the defendants file a motion to compel the U.S securities regulator to produce documentation regarding its “trading preclearance decisions” for XRP,...

IMF releases Bitcoin (BTC) ‘risk’ warning… again

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Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its...

Anti-Bitcoin protests are ongoing in El Salvador ahead of legalization

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The citizens of El Salvador took to the streets to protest the adoption of the country’s new Bitcoin law on Friday. According to a report from Euronews, hundreds...

US: SEC quietly signs deal to spy on crypto DeFi transactions

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The US Securities and Exchange Commission (SEC), an American agency that overlooks securities markets, has contracted one blockchain analytics firm to help monitor and regulate the burgeoning decentralized...

Cuba jumps on Bitcoin (BTC) bandwagon. Considers legal recognition

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Argentina president weighs Bitcoin legalization. But his government doesn’t agreeIn a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto,...

Binance woes continue as UK watchdog warns of failure to comply

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U.K monetary watchdog, the Financial Conduct Authority (FCA), said Binance “is not capable of being effectively supervised.” Adding that, within the context of offering complex and high-risk financial...

24 crypto exchanges in Korea face regulatory death knell

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33 face heat in Korea over alleged $1.48 billion in crypto transfersSeoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in...

Cardano Foundation (ADA) signs on Coinfirm to comply with FATF norms

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Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology.The Swiss-based foundation recently announced that it has selected...

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Square to Consider Building a Bitcoin Mining System

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CEO Jack Dorsey said if the payments service provider begins the initiative, it would follow the open-source model it is using to build...

ProShares Bitcoin ETF (BITO) Rises on First Day of Trading, Sending BTC Higher

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BITO is structured to invest in bitcoin futures contracts traded on the Chicago Mercantile Exchange, rather than investing in the cryptocurrency directly, which...

$2T and Counting: Some Friday Perspective

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Nic Carter, prominent industry venture capitalist and shyguy, had an insightful comment yesterday about how it’s easy to lose sight of reality when...