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Month: February 2018

cryptocurrency February 16, 2018

The ethereum community has broken its silence over a move to better facilitate the return of funds lost on the platform. Advertisements In wake of the departure of ethereum developer Yoichi Hirai, who resigned from his role supervising the software’s changes Thursday, community members have stormed Github in resounding rejection of the controversial proposal over […]

cryptocurrency February 16, 2018

Notable ethereum stakeholders are joining forces to create a fund for projects building on the world’s second-largest blockchain. Advertisements Called the Ethereum Community Fund (ECF), the effort is the result of a collaboration between Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden and Tendermint, with those involved agreeing to work to connect ethereum projects with companies […]

cryptocurrency February 16, 2018

February 16, 2018 9:16 PM Advertisements On Thursday, the FCC sent a letter to Victor Rosario regarding his usage of a bitcoin mining device. The agency had received a complaint from T-Mobile about interference to its 700 MHz LTE network. In November 2017, the FCC determined that the interference stemmed from Rosario’s Antminer s5 bitcoin […]

cryptocurrency February 16, 2018

February 16, 2018 6:32 PM Advertisements On Thursday, the CFTC issued a warning about virtual currency “pump-and-dump” schemes. On February 15, 2018, the Commodity Futures Trading Commission (CFTC) published a customer advisory regarding virtual currency pump-and-dump schemes. Advertisements “Customers should not purchase virtual currencies, digital coins, or tokens based on social media tips or sudden […]

cryptocurrency February 16, 2018

February 16, 2018 1:09 AM Advertisements Changes to the merchant category codes for cryptocurrency purchases have resulted in transaction errors on the Coinbase exchange; some users claim their bank accounts were left with negative balances. UPDATED | February 17, 2018: Advertisements In a surprise twist, Visa has reversed its position and declared, “This issue was […]

cryptocurrency February 16, 2018

February 16, 2018 10:20 PM Advertisements Switzerland’s FINMA has issued guidelines stating that some ICOs will be subject to securities regulation and others to anti-money laundering standards. On February 16, Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), issued guidelines (embedded below) explaining how ICOs will be regulated in the crypto-friendly country. Advertisements […]

cryptocurrency February 16, 2018

February 16, 2018 8:49 PM Advertisements The SEC is investigating three companies after delinquent filings and uncertainty regarding business relationships. After finding problems with the way some companies have operated, the Securities and Exchange Commission (SEC) has halted over-the-counter trading of alternative construction company Cherubim Interests, telecom marketing firm PDX Partners, and the strategic acquisition […]

cryptocurrency February 16, 2018

February 16, 2018 11:41 PM Advertisements On Thursday, cryptocurrency trader Joseph Kim was charged with one count of wire fraud after allegedly stealing millions of dollars of bitcoin and Litecoin from his employer. On February 15, 2018, federal prosecutors charged Joseph Kim with wire fraud. The 24-year-old employee of Chicago-based Consolidated Trading LLC is accused […]