Thursday, May 24Your Daily Bitcoin & Altcoin News Portal

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Bloomberg: US DOJ Opens Criminal Investigation Into BTC, ETH Price Manipulation

Bloomberg: US DOJ Opens Criminal Investigation Into BTC, ETH Price Manipulation

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Please share if you find this article interesting. Bloomberg: US DOJ Opens Criminal Investigation Into BTC, ETH Price Manipulation A criminal probe into Bitcoin (BTC) price manipulation by crypto traders has been opened by the U.S. Department of Justice (DoJ), Bloomberg reports today, May 24. Bloomberg cites four unnamed sources close to the matter as reporting that the criminal investigation – run by U.S. federal prosecutors and the Commodity Futures Trading Commission (CFTC) – will look into how traders could have engineered prices by illegal activities like spoofing and wash trading. Spoofing, the act of creating a large amount of orders and then cancelling them, has come up before in the crypto markets, when an unknown trader or group of traders known as “Spoofy” reportedly p
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Cryptocurrency Exchange Verification Is Getting Weird – Bitcoin News

Cryptocurrency Exchange Verification Is Getting Weird – Bitcoin News

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Please share if you find this article interesting. Cryptocurrency Exchange Verification Is Getting Weird - Bitcoin News Exchanges Back in the day, before cryptocurrency was worth anything, an email address and a password was all you needed to login to an exchange. Then came 2FA, using email verification or Google Authenticator. Then came the third generation of secure sign-in methods, and that’s when things started getting weird. Also read: Darknet Market Rapture Has Been Down for a Week — Users Grow Leery From Fit the Puzzle to Make the Gesture As attackers have gotten more sophisticated, so have the measures cryptocurrency exchanges have taken to keep them at bay. These are designed to fulfill a range of objectives, including spam and bot deterrence, as well as to perform
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Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street – Bitcoin News

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street – Bitcoin News

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Please share if you find this article interesting. Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street - Bitcoin News The Daily In today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are making it easier for them. Also Read: Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining Small Banks Love Bitcoin With major US banks too afraid to serve all American bitcoin users and businesses, smaller banks are picking up the slack and making a fortune doing so. New York-based Metropolitan Bank for exampl
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Bitcoin Faces Drop to $7K as Bull Defense Crumbles

Bitcoin Faces Drop to $7K as Bull Defense Crumbles

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Faces Drop to $7K as Bull Defense Crumbles Bitcoin (BTC) is trading on the defensive today, having dropped 16 percent over the last three days. As of writing, BTC is changing hands at $7,270 on Bitfinex, down 6.5 percent in the last 24 hours, and could extend the slide further to $7,000 in the next 24 hours. The cryptocurrency closed (as per UTC) at $7,494 yesterday - its lowest daily close since April 12 - and looked oversold as per the relative strength index (RSI) in the hourly and 4-hour chart. A resulting corrective rally ran info offers above $7,700 earlier today and prices fell to a 6-week low of $7,352 at 08:30 UTC. The failure on the part of the bulls to produce a notable corrective rally despite oversold conditi...
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Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex – Bitcoin News

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex – Bitcoin News

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Please share if you find this article interesting. Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex - Bitcoin News News On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues to Plague Cryptocurrency Traders Coinbase Exchange Acquires Decentralized Token-Relay Platform Paradex Coinbase has revealed some interesting decisions today as the cryptocurrency exchange and brokerage service purchased a peer-to-peer Dex that allows users to swap “hundred
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PR: Energi Mine Adds to Ecosystem of Energy Saving Partners with Simply EV Partnership – Bitcoin News

PR: Energi Mine Adds to Ecosystem of Energy Saving Partners with Simply EV Partnership – Bitcoin News

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Please share if you find this article interesting. PR: Energi Mine Adds to Ecosystem of Energy Saving Partners with Simply EV Partnership - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Partnership announced in same week as Energi Mine launches promotion with OKEx, the world’s biggest exchange London – Energi Mine, the blockchain platform that financially rewards energy saving behaviour using EnergiTokens (ETK), and Simply EV, a leading provider of EV accessories today, announced a partnership. The partnership
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Russian Duma Adopts Three Crypto Bills on First Reading – Bitcoin News

Russian Duma Adopts Three Crypto Bills on First Reading – Bitcoin News

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Please share if you find this article interesting. Russian Duma Adopts Three Crypto Bills on First Reading - Bitcoin News Regulation Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they proceed to final adoption of the three bills. Also read: Cryptocurrency is Property in Russia, Justice Minister Confirms The Bills Regulate Crypto Assets, Crowdfunding and Digital Rights The lower house of Russia’s parliament, the Duma, has accepted an
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Project Targets Fraud in Advertising With Performance-Driven Smart Contracts for Campaigns

Project Targets Fraud in Advertising With Performance-Driven Smart Contracts for Campaigns

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Please share if you find this article interesting. Project Targets Fraud in Advertising With Performance-Driven Smart Contracts for Campaigns A company is creating a smart contract for advertising which it says could potentially ease two major issues that are plaguing the flourishing industry: fraud and a lack of transparency. SaTT stands for Smart Advertisement Transaction Token, and it has been created by Atayan Inc. Its team believes blockchain could help ensure advertisers are “not be misled by an underperforming publisher or affiliate that does not meet their expectations.” The platform wants to help the industry “scale up in a more positive, transparent way” by allowing a campaign’s criteria – such as the age and gender of viewers or the number of people an ad must reach –
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SEC Chairman Applauds ‘Operation Crypto-Sweep’

SEC Chairman Applauds ‘Operation Crypto-Sweep’

BITCOIN
Please share if you find this article interesting. SEC Chairman Applauds 'Operation Crypto-Sweep' Regulation The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes SEC Chairman Commends Regulators Involved in ‘Operation Crypto-Sweep’ SEC chairman Jay Clayton has “applaud[ed]” his “fellow regulators in the United States and Canada who are coordinating and participating in efforts to police fraud in the Initia
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Coinbase Announces Launch of Coinbase Pro, Paradex Acquisition

Coinbase Announces Launch of Coinbase Pro, Paradex Acquisition

BITCOIN
Please share if you find this article interesting. Coinbase Announces Launch of Coinbase Pro, Paradex Acquisition Coinbase has announced Coinbase Pro, the new version of its trading platform GDAX, in a blog post Wednesday. The announcement comes on the same day as Coinbase’s acquisition of relay platform Paradex. According to the Coinbase blog post, Coinbase Pro is an evolution of GDAX, which is specifically designed for individual crypto traders. Coinbase says that the new product was made specifically to suit the needs of individual traders, in addition to making the platform “easier and more intuitive.” Coinbase Pro will offer new features such as simplified deposit and withdrawal processes, in addition to letting customers take advantage of services like staking and protocol