Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs … Read more

Unlicensed Bitcoin Reseller Obtaining BTC from Bitfinex Faces Two-year Prison Sentence

Bitcoin users have often been a target for law enforcement agencies and governments. In the United States, that scrutiny is even bigger compared to most other countries around the world. One 22-year-old Bitcoin trader has now been sentenced to two years in prison and forfeiting financial assets for trading and selling Bitcoin in an unlicensed … Read more

Researcher Claims to Have Sleuthed $90M of Quadrigacx Funds

A new research report links a trail of 12 wallets holding Quadrigacx funds worth $90M of ethereum to Kraken, Bitfinex, and Poloniex exchanges. With Kraken confirming that it no longer holds any active Quadriga wallets, the onus is now on the other two exchanges to confirm or deny that the coins are still in their … Read more