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
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: 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: 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: 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: 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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