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Monday, August 12, 2019

CryptoCurrency News: Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds



Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time

via CoinDesk

CryptoCurrency News: PlexCorps Reaches Settlement With SEC Following Extended Legal Woes



Lacroix and Paradis-Royer each agreed to pay $1 million apiece as a civil penalty. PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest.

via CoinDesk

CryptoCurrency News: Amazon Managed Blockchain Gets Cloud Support



Amazon adds Managed Blockchain solution to its cloud storage services.

via CoinDesk

CryptoCurrency News: Congressional Research Service Finds Potential Blockchain Uses for Energy Sector



Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process.

via CoinDesk

CryptoCurrency News: Korea Prepaid Card Invests in Blockchain-As-A-Service Company Bezant



Korea Prepaid Card is the second largest investor in BaaS firm Bezant.

via CoinDesk

CryptoCurrency News: Exit Scams Swindled $3.1 Billion From Crypto Investors in 2019: Report



In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity.

via CoinDesk

CryptoCurrency News: WATCH: Ted Livingston Discusses Kik’s Response to the SEC



Kik CEO Ted Livingston discussed his company's legal fight with the SEC on CoinDesk Live last week.

via CoinDesk

CryptoCurrency News: SEC Delays Decisions on 3 Bitcoin ETF Proposals Until Autumn



The SEC extended the time it would have to make a decision on three different bitcoin ETF proposals Monday.

via CoinDesk

CryptoCurrency News: WATCH: Inside the Story – The Attempted Binance KYC Extortion Explained



In this video we explore how we researched and wrote our Binance KYC Leak story and what we know about the hacker, the hack, and the future of Binance.

via CoinDesk

CryptoCurrency News: Join CoinDesk at Our First Reader Meet-up in Argentina



Join us in Bueno Aires this Friday for our first international reader meet-up.

via CoinDesk

CryptoCurrency News: Crypto Code Commits Remain Near All-Time Highs, Despite Price Declines



A new report from Electric Capital identifies which blockchains are attracting developer activity.

via CoinDesk

CryptoCurrency News: Three UK Men Busted Over Bitcoin-Based Drug Ring



The trio sold their products on the dark web and shipped as far as Australia.

via CoinDesk

CryptoCurrency News: Colu May Buy Back ICO Tokens in Pivot Away From Blockchain



The blockchain startup that supported local economies will repurchase approximately 54 million tokens from its ICO sale.

via CoinDesk

CryptoCurrency News: New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto



New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.

via CoinDesk

CryptoCurrency News: IBM, Tata Become First Big Techs to Back Hedera Hashgraph Blockchain



IBM and Indian telecom Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.

via CoinDesk

CryptoCurrency News: Goldman Sachs Analysts’ Note Says Now’s a Good Time to Buy Bitcoin



Investment bank Goldman Sachs has recommended that investors should capitalize on the current price dip and buy bitcoin.

via CoinDesk

CryptoCurrency News: Bitcoin Price Faces Struggle to Hold Above $11K After Range Breakdown



Bitcoin could drop below $11,000 in the next 24 hours, after sellers took victory in a four-day-long tug of war with the bulls.

via CoinDesk

CryptoCurrency News: Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners



Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed "Klip" later this year.

via CoinDesk

CryptoCurrency News: China’s Central Bank ‘Close’ to Launching Official Digital Currency



An official at China's central bank has said the institution is nearing the launch of its national digital currency.

via CoinDesk

CryptoCurrency News: Coinbase UK Dropping Support for Cryptocurrency Zcash



The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

via CoinDesk

CryptoCurrency News: IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance



Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.

via CoinDesk

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