In this opinion piece, one of a weekly series of columns, Casey considers China's recent moves
against bitcoin exchanges
In this opinion piece, one of a weekly series of columns, Casey considers China's recent moves
against bitcoin exchanges and ICOs in a wider geopolitical context.
At the same time, phishing attacks
against Bitcoin exchanges and private Bitcoin holders have mounted along with the price of bitcoin.
While North Korea always seems to be up to some mischief, these ongoing attacks
against Bitcoin exchanges is likely a sign of desperation.
The cybersecurity firm FireEye reported North Korean hackers were behind several cyberattacks
against bitcoin exchanges and cryptocurrency wallets over the past few months.
In a desperate bid for financial resources, North Korea and Kim Jong - un are unleashing hackers
against Bitcoin exchanges.
Not exact matches
Hargreaves Lansdown, a financial services company, also launched two
bitcoin ETFs (
exchange - traded funds) for its consumer investors in June — though it cautions
against investing for most customers.
A separate indictment alleged various fraud and conspiracy charges
against Anthony Murgio, a Florida man previously accused of operating an unlicensed
bitcoin exchange service, and who was also linked to the JPMorgan breach.
The debut of the first futures contract on an established
exchange was relatively orderly, in contrast to expectations of high volatility and traders short selling, or betting
against,
bitcoin.
Jurors in Manhattan federal court on Friday prepared to weigh charges
against a Florida software engineer and a New Jersey pastor accused of scheming to help an illegal
bitcoin exchange escape scrutiny.
The Cboe also settles its futures
against a daily price auction from Gemini, while the CME uses its own
bitcoin reference rate which tracks several cryptocurrency
exchanges.
The Chinese government has already shut down
exchanges in China, but it was recently reported to be taking even further measures
against new forms of online trading as well as
Bitcoin mining operations in the country.
Currently I would strongly advise
against using MtGox as an
exchange as you're unlikely to receive withdrawn funds in a timely manner and will pay a higher price for you
Bitcoin.
In November, the Internal Revenue Service (IRS) won a court case
against popular cryptocurrency
exchange Coinbase that required the
exchange to hand over information on 14,355 users who'd traded in excess of $ 20,000 worth of
bitcoin between 2013 and 2015.
A federal judge has ruled in favor of an anonymous customer of the
bitcoin exchange Coinbase
against the Internal Revenue Service, permitting the unnamed bitcoiner to challenge the agency's summons an...
Users of the Abra mobile app can now
exchange all of these currencies
against every other currency supported by the platform, including US dollars, euros,
Bitcoin, Zcash, and so forth.
By the end of 2017, several researchers had reported additional spear phishing campaigns
against South Korean cryptocurrency
exchanges, numerous successful thefts, and even
Bitcoin and Monero mining.
Market Overview
Bitcoin and other cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that
Bitcoin has developed an impressive immunity
against the usual correction triggers of tax selling, regulatory fears,
exchange hacks and other FUD that have plagued crypto - markets since Q1 2018.
The confidence in
Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading in virtual currency in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the
exchange rate of
Bitcoin against other currencies.
In the course of recent months, the JPY has commanded
Bitcoin exchange volumes
against different monetary forms with 40 - 60 % of the aggregated volume.
The banks have initiated action
against 10
Bitcoin exchanges including that of BtcxIndia, Zebpay, CoinSecure, Unocoin and others for dubious transactions.
In 2014, the U.S. Securities and
Exchange Commission filed an administrative action against Erik T. Voorhees, for violating Securities Act Section 5 for publicly offering unregistered interests in two bitcoin websites in exchange for b
Exchange Commission filed an administrative action
against Erik T. Voorhees, for violating Securities Act Section 5 for publicly offering unregistered interests in two
bitcoin websites in
exchange for b
exchange for
bitcoins.
Besides, you would need to get the required certifications and license and also meet the required standard for such business before you can be allowed to start a
bitcoin exchange and trading business in the United States; internet based services that deals with payments is heavily regulated to guard
against fraud and criminality.
In 2014, the government also requested Chinese cryptocurrency
exchanges not attend the first Beijing
Bitcoin Conference, and issue a joint statement warning customers
against dangerous speculative investments.
In some ways,
Bitcoin is just another currency: it has an
exchange rate
against other currencies, it can be bought, sold and it can be used to pay for things online.
A federal judge has ruled in favor of an anonymous customer of the
bitcoin exchange Coinbase
against the Internal Revenue Service, permitting the unnamed bitcoiner to challenge the agency's summons and proceed with their case anonymously.
A class action lawsuit, that will likely be one of many, has been filed in Illinois
against former the
bitcoin exchange industry leader, its parent companies, and Mark Karpeles, Mt. Gox's sole director (Gregory Greene v Mt. Gox Incet al, U.S. District Court, Northern District of Illinois, No. 14 - 01437).
A class action lawsuit, that will likely be one of many, has been filed in Illinois
against former the
bitcoin exchange industry leader, its parent companies, and Mark Karpeles, Mt. Gox's sole director -LRB-
New reports suggest that the South Korean government is intensifying its moves
against the country's
bitcoin exchanges.
BitFinex has the largest
bitcoin volume of trades
against the US Dollar so it is often the most trustworthy place to get the price of
bitcoin from since it is the most stable on this
exchange.
Their
exchange rates are often more volatile, and over the years virtually no altcoins have maintained their value
against bitcoin; most have come and gone.
A federal judge has ruled in favor of an anonymous customer of the
bitcoin exchange Coinbase
against the Internal Revenue Service, permitting the unnamed bitcoiner to challenge the agency's summons and proceed with their case anonymously.
Many banks like Capital One are taking harsh stances
against bitcoin and cryptocurrency by refusing to allow purchases through
exchanges like Coinbase.
Bitbank is a Japanese based cryptocurrency
exchange that focuses on
Bitcoin and altcoin trading
against JPY.
A federal judge has ruled in favor of an anonymous customer of the
bitcoin exchange Coinbase
against the Internal Revenue Service, permitting the unnamed bitcoiner to challenge the agency's summons an...
The digital currency
exchange decided
against accepting the newly minted currency, but it may reverse that decision if
bitcoin cash remains stable.
Meanwhile, we reported on a series of DDoS attacks made
against the Kraken
bitcoin exchange and other crypto - related domain names.
In a nutshell, the ICO process means that the startup firm is offering investors some units of a new cryptocurrency or token in
exchange against another type of cryptocurrency like
Bitcoin.
In other words, the unique edge Litecoin enjoyed
against Bitcoin as a cheaper and faster digital medium of
exchange is slowly being reseized by
Bitcoin.
In a petition to the SEC, an
exchange affiliated with a failed
bitcoin investment product is pushing back
against a rejection by regulators.
It's a totalizator where the
bitcoin exchange rate
against USD is used.
Later in the month, the Israeli Supreme Court sided with a local cryptocurrency
exchange, Bits of Gold,
against Leumi Bank, which has refused services as the crypto it traded in —
Bitcoin — could not meet anti money - laundering standards.
Angus Champion de Crespigny, blockchain leader for EY's Financial Services in the Americas, discusses
bitcoin, a new
exchange for trading
bitcoin futures and protecting
against market manipulation.
Two former users of the defunct
bitcoin exchange Mt. Gox have brought a lawsuit
against the company over the loss of 9,500
bitcoins.
Hong Kong - based cryptocurrency
exchange OKEx has pushed back
against allegations that it manipulated its
bitcoin futures market last week.
Merchants accepting
Bitcoins in Japan will gain Insurance by
Bitcoin exchanges Starting from 30 June 2017, the Tokyo - based start - up and
Bitcoin exchange platform BitFlyer is providing insurance to retailers accepting the
Bitcoin against possible payment problems...
A landmark court ruling
against one of China's largest
bitcoin exchanges poses far - reaching ramifications in the country's digital currency sector.
Japanese
exchanges and retailers went ahead and stopped processing
bitcoin transactions as a precaution
against possible glitches in the network.
Like any other popular cryptocurrency (
Bitcoin, Ether and more), Coinnec tokens will be available for trading
against other cryptocurrencies or fiat on some of the leading
exchange platforms.
Meanwhile, on
bitcoin forums, some users have expressed resentment
against exchanges like Coinbase, Kraken, and Mt. Gox for allegedly storing wallets in such a way that analytic companies like Chainalysis or BitSeer can identify individual users.