US & Canada

Hackers Demand $1 Million in XRP After Bank Data Theft

3 weeks ago admin2 Comments Off on Hackers Demand $1 Million in XRP After Bank Data Theft
Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a CBC News report Tuesday, the two banks hit by the breach, Bank of Montreal and CIBC’s online bank Simplii Financial, have said that the personal information of a total of Read More

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

4 weeks ago admin2 Comments Off on Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US
ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto Read More

Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam

1 month ago admin2 Comments Off on Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam
Texas’ securities watchdog has issued an emergency cease-and-desist order to a purported cryptocurrency investment scheme that it says tried to dupe investors with fake endorsements from high-profile individuals. Among other alleged failings, Houston-based Wind Wide Coin is said to have fabricated client profiles using images of public figures including actress Jennifer Aniston, Prince Charles and former Finland prime minister Matti Read More

Winklevoss Crypto Exchange Wins Approval to Trade Zcash

1 month ago admin2 Comments Off on Winklevoss Crypto Exchange Wins Approval to Trade Zcash
The Winklevoss twins’ Gemini digital currency exchange has become the first in New York to receive a license to trade the privacy-focused cryptocurrency zcash. Alongside the news, Gemini announced support for trading zcash on Monday. Starting from May 19, Gemini users will be able to start depositing zcash (ZEC) into their accounts, the exchange said in a Read More

US Regulators Say They Want to Avoid ‘Hindering’ Blockchain Innovation

1 month ago admin2 Comments Off on US Regulators Say They Want to Avoid ‘Hindering’ Blockchain Innovation
U.S. regulators are still looking into cryptocurrencies and initial coin offerings, but don’t aim to suppress the industry, according to comments made during a panel at CoinDesk’s Consensus 2018 conference in New York. Commodity Futures Trading Commission (CFTC) enforcement director James McDonald, Securities and Exchange Commission (SEC) Enforcement Division Cyber Unit chief Robert Cohen and associate Read More

Congressional Candidate Vows to Gauge Voter Sentiment With Blockchain

1 month ago admin2 Comments Off on Congressional Candidate Vows to Gauge Voter Sentiment With Blockchain
The crypto candidate – it has a nice ring to it. And Brian Forde, former head of MIT’s Digital Currency Initiative, is making that his new title. The author of the White House memo on bitcoin during the Obama administration, Forde is looking to take his interest in cryptocurrency and blockchain technology to higher office – California’s Read More

Investor Sues Ripple Alleging ‘XRP Is a Security’

1 month ago admin2 Comments Off on Investor Sues Ripple Alleging ‘XRP Is a Security’
An investor who claims they lost money buying and selling the cryptocurrency XRP has filed a class action lawsuit against distributed ledger startup Ripple, alleging that the company violated state and federal securities laws. Ryan Coffey, represented by San Diego attorney James Taylor-Copeland, filed the suit in the San Francisco County Superior Court on Thursday. Read More

These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why

2 months ago admin2 Comments Off on These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why
Regulatory uncertainty appears to be arriving late to Washington state. In what seems like the latest sign concerns are impacting initial coin offerings (ICOs) broadly, Seattle-based Dragonchain is forcing one of its affiliate projects, Norwegian startup Iagon, to return funds it raised from investors back in April – and it’s currently unclear why. In fact, on April Read More

Judge Rules Against Alibaba in Crypto Trademark Case

2 months ago admin2 Comments Off on Judge Rules Against Alibaba in Crypto Trademark Case
U.S. District Judge Paul Oetken rejected digital retail giant Alibaba’s trademark lawsuit against the Alibabacoin Foundation at the end of April, court filings show. Alibaba failed to show that the District Court from the Southern District of New York has jurisdiction over the Alibabacoin Foundation, according to the ruling. The company first brought the suit Read More

The Crypto Community Must Use the Blockchain to Self-Police

2 months ago admin2 Comments Off on The Crypto Community Must Use the Blockchain to Self-Police
Yaya J. Fanusie is the director of analysis at the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance. He tweets at @signcurve. Self-policing illicit activity on the blockchain may soon be a necessity for the cryptocurrency space. The everyday cryptocurrency enthusiast in the future is likely to spend time identifying illicit wallets Read More