Tag Archives: crypto

NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms

NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms

The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name. The 23-page document, dated April 24, added that the NY AG’s office has reason to believe several New York and US-based traders transact on the firm’s platform. In 2018, […]

Crypto’s Long Road to Acceptance May Have Started Here

Crypto’s Long Road to Acceptance May Have Started Here

He sent the invitations when the party was over. Only after the cryptocurrency craze’s collapse hit bottom in December did Standard Chartered Plc veteran Hoe Lon Leng issue his call to the market’s biggest traders: join him to brainstorm making digital tokens part of the world’s financial architecture. It may seem quixotic, but the goal of the […]

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for five months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently sees a license […]

‘Flash Boys’ Trading Bots Are Running Wild on Crypto Exchanges

‘Flash Boys’ Trading Bots Are Running Wild on Crypto Exchanges

“Flash Boys”-like trading manipulation is rampant on certain cryptocurrency exchanges, according to a paperfrom researchers at Cornell Tech and several other universities. Special arbitrage bots are anticipating and profiting from ordinary users’ trades on decentralized exchanges, which let them trade more directly, the authors said in a report released last week. The firms that deploy the […]

CoinMarketCap Launches Crypto Data Apps With Added Features

CoinMarketCap Launches Crypto Data Apps With Added Features

Cryptocurrency data provider CoinMarketCap has launched its first Android app and revamped its Apple iOS product. Notably, the apps offer features not yet available on CoinMarketCap’s website, including portfolio tracking, candlestick charts and side-by-side cryptocurrency comparisons, as well as price alerts and user accounts, the data provider announced Tuesday. “We believe that our users will […]

Non-Crypto Related-Figure Takes Control Of BTC Lighting Torch

Non-Crypto Related-Figure Takes Control Of BTC Lighting Torch

The campaign for Bitcoin adoption is still well underway as Bitcoin’s Lightning Torch takes a tour around the world, changing hands from one popular person to another. The founder of Locabitcoins, Jeremias Kangas held the torch and then handed it over to the former contestant for Miss Universe, Rosa-Maria Rytti. This is the second person outside of […]

Crypto Fund Managers: Pensions Need Bitcoin “Now”

Crypto Fund Managers: Pensions Need Bitcoin “Now”

Millions the world over rely on pensions for their retirement. But, data gathered by Bloomberg and the American Federal Reserve has revealed that such funds, which act as economic lifelines for the soon-to-be-retired, aren’t doing too hot. In fact, Mark Yusko, a prominent American investor, recently claimed that the pension soon may get “truly ugly” […]