Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge

Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16. Localbitcoins functions on a […]

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Cryptopia Hackers Liquidated $3.2M in Cryptocurrency Across These Exchanges

$3.2 million worth of cryptocurrencies stolen during the hack of New Zealand’s Cryptopia has already been liquidated, according to a report from Elementus.  $3.2 Million in the Wind According to blockchain data company Elementus, $3.2 million worth of cryptocurrencies stolen during the Cryptopia hack has already been liquidated through various exchanges. Cryptopia update As of this […]

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Quadriga CEO Death – Funds Moved From ‘Lost’ Cold Wallets

A company with legal problems; a mysterious death; missing customer funds. The QuadrigaCX story could have come straight from the pen of a hack Hollywood writer. Well now, the internet’s faithful crypto-investigators, claim to have found evidence of transactions initiated from the supposedly ‘lost’ cold wallets. The Litecoin wallets, at least. Let’s Start With a Quick Recap […]

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Gemini Passing SOC-2 Examination a Step Towards Bitcoin ETF Approval

Winklevoss twins’ Gemini exchange has announced successfully passing a Service Organization Control level 2 (SOC-2) type 1 examination by big four accounting firm Deloitte, which they believe is ‘a factor in favor’ of possible approval of their Bitcoin ETF petition. Gemini’s Product is Trust Gemini’s stated mission is to provide its clients with a safe […]

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Binance: Decentralized Exchange Will Connect With Hardware Wallets

Binance CEO has revealed that the Binance DEX new decentralized exchange will offer support for hardware wallets immediately once it launches. CZ: Binance DEX In ‘Active Development’ In a social media update, Binance and CEO Changpeng Zhao confirmed that Binance DEX would allow users to control their private keys by interacting with the exchange from their […]

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Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania

The Pennsylvania Department of Banking and Securities (DoBS) says cryptocurrency exchanges in the state do not require Money Transmission Business Licenses. MTA Not Applicable to Bitcoin in Pennsylvania In a memo titled “Money Transmitter Act Guidance for Virtual Currency Businesses,” the Pennsylvania DoBS clarified that the Money Transmitter Act (MTA) did not apply to cryptocurrency exchanges. […]

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Thailand Stock Exchange Considering Gov’t License to Trade Bitcoins

The Stock Exchange of Thailand (SET) could become the latest entity to obtain a cryptocurrency trading license in the country. This news comes as the bourse is reportedly mulling to become a licensed digital asset trading platform.  SET Eyes Digital Asset License to Trade Cryptocurrency According to the Bangkok Post, the SET plans to apply to […]

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Opinion: Winklevoss Twins Spam NYC With Ads ‘Proving’ Their Superiority

The Winklevosses certainly aren’t just twiddling their thumbs whilst waiting for an SEC decision on their ETF. This week saw them shilling their Gemini cryptocurrency exchange by spamming New York City with ‘regulations are good’ adverts. Crypto Needs Rules… But Does It? The message that the adverts purportedly push, is that regulatory measures lead to a future cryptocurrency market […]

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HitBTC Slammed by Trace Mayer, John McAfee Over Account Freezes Day Before Proof Of Keys

Some of cryptocurrency’s best-known names have joined public calls for exchange HitBTC to explain itself after it began halting withdrawals days before a significant event. Mayer: ‘Beware’ HitBTC Trace Mayer, organizer of Proof of Keys, which calls for cryptocurrency owners to remove their holdings from third-party exchanges on January 3, condemned HitBTC for the move, […]

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