CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a […]

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Lamassu Unveils New Line of Bitcoin, Cryptocurrency ATMs

On September 24th, Lamassu announced the introduction of their new line of cryptocurrency ATMs to the public. Lamassu calls its new line of ATMs, “Sintra.” The ATMs herald a new line of ATMs as another crucial step in crypto’s march towards widespread consumer use and accessibility.  Growing Industry According to CoinATMrader.com, there are currently roughly […]

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In Argentina, Investors Flock to Safe-Haven Bitcoin

The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall. The number of stores accepting Bitcoin also continues to […]

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Popular Online Payments Operator Introduces Cryptocurrency Wallet

Online payments operator Skrill has announced a new product its customers can take advantage of — the Skrill Wallet.  More Ways to Buy and Sell Cryptocurrencies Skrill, formerly known as Moneybookers, has marked its first foray into the field of cryptocurrencies. The company announced July 25 that it has launched a new product which allows […]

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Litecoin’s Charlie Lee: Buy At Least 1 Bitcoin… Before Litecoin

Litecoin (LTC) creator Charlie Lee has advised cryptocurrency investors to buy Bitcoin (BTC) before any other asset – including Litecoin. Bitcoin First, ‘Shitcoins’ Later In a tweet dated July 17, Lee, who continues to pour time into Litecoin development and partnerships despite selling his own holdings earlier this year, appeared to refer to his creation […]

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Billionaire Bitcoin Bull Partners with Bloomberg to Launch Cryptocurrency Index Platform

Osato Avan-Nomayo · May 10, 2018 · 12:30 pm Bitcoin proponent and former Goldman Sachs trader Mike Novogratz has inked a partnership deal with Bloomberg to launch a cryptocurrency index platform. Novogratz’s Galaxy Digital Capital Management LP and Bloomberg will establish the Bloomberg Galaxy Crypto Index (BGCI). The index service will provide trusted asset tracking […]

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Gemini Exchange May Soon Offer Litecoin and Bitcoin Cash

Adam James · March 10, 2018 · 9:00 pm The Winklevoss brothers are looking to add additional cryptocurrencies to the Gemini Exchange, while also praising the U.S. Securities and Exchange Commission’s recent statements. Expanding Gemini The Winklevoss twins’ cryptocurrency exchange Gemini Exchange is looking to expand with the addition of Litecoin (LTC) and Bitcoin Cash […]

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