News

Court transcripts from Craig Wright’s Jun. 28 Florida hearing showed that not only did he fail to comply with court orders to disclose his Bitcoin addresses, but he did so “willfully.” While there is another hearing scheduled later this summer, there’s more than enough evidence to hold Wright in contempt of court. Craig Wright’s contempt […]

Coinbase, one of the largest cryptocurrency exchanges in the U.S., is reportedly exploring plans to set up its own insurance company. Sources close to the matter revealed that the company was seeking the help of Aon, a London-based insurance broker giant, to fight the lack of insurance options available to crypto exchanges. Exchange giant Coinbase […]

BitMarket, one of the largest cryptocurrency exchanges in Poland, shut down citing liquidity loss. More information about “further steps” the exchange will take will be available ‘soon,’  according to the company’s official blog post. Second-largest exchange in Poland closes down In an unexpected move that surprised most of its users, Polish cryptocurrency exchange BitMarket shut […]

The value of the Bitcoin network is at all-time highs based on the average price holders paid for their coins. The metric used, realized market capitalization, is also a surprisingly effective indicator for predicting BTC market tops and bottoms. Issues with market capitalization Market capitalization gives a skewed value for the Bitcoin network. Borrowed from […]

In Samsung’s latest move into crypto, the electronics juggernaut made the beta version of its blockchain SDK for the Ethereum blockchain available to partner developers. The kit provides additional tools for dApp and blockchain mobile development on the latest Galaxy smartphones. Samsung announced the beta version of its blockchain software development kit (SDK) is available […]

A photograph showing two men walking next to a Deutsche Bank sign-carrying tote bags with “Bitcoins” written on them went viral on social media, leading many to believe they were one of the thousands that were laid off in the bank’s recent staff cuts. However, it turned out that a connection with Deutsche Bank was […]

Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state. As such, the NYAG likely has jurisdiction over iFinex allowing proceedings to continue. Latest court filings accuse iFinex […]

Videos of protestors attempting to enter the research and development center of a Tron partner in China went viral. Justin Sun responded to allegations of inaction related to the Ponzi scheme, masquerading as Tron, which originally stirred protestors into action. Protestors attempted to enter the research and development center of Raybo, a Tron partner in […]

The IRS plans to interview family and friends, search through social media posts, and issue subpoenas to ensure people pay taxes on their Bitcoin, according to a presentation given to the IRS Criminal Investigation division. Top companies including Apple, Google, and Microsoft are also under the gamut of these investigations. The IRS is going to […]

China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so. China tightened capital controls in the wake of a shock […]