Bitfinex's Former Payment Processor Crypto Capital's Oz Yosef Indicted in NY Court
October 28, 2019
The US Attorney for the Southern District of New York indicted Oz Yosef, an executive at Crypto Capital, on three criminal counts.
According to an October 23 court filing, Oz Yosef was indicted by US authorities on charges involving…
Another Major AT&T SIM Swapping Heist Targeting Several Crypto Entrepreneurs
October 27, 2019
A crypto entrepreneur has filed a lawsuit against giant telecommunications firm AT&T over an alleged SIM swapping hack which reportedly led to the loss of $1.7 million in digital currency, in an attack targeting three blockchain…
Primitive Ventures' Dovey Wan on Significance of China's New Cryptography Law
October 27, 2019
On October 26, the Standing Committee of the 13th National People’s Congress in China revealed that a new cryptography law will go into effect January 1, 2020, according to local news outlet Xinhuanet.
The announcement comes only a…
Final Russian Nuclear Researcher Receives Prison Sentence for Illegal Crypto Mining
October 26, 2019
A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC).
Andrey Rybkin, a nuclear scientist working at the All-Russian…
Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts
October 16, 2019
The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report…
‘No More FUD’: Charlie Lee to Crypto Community on Litecoin Birthday
October 14, 2019
The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on October 13. It is now eight years old…
IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040
October 13, 2019
The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season.
A draft of the…
SEC, CFTC, FinCEN Issue Warning to Crypto Industry to Adhere to Banking Laws
October 12, 2019
The heads of three US financial regulators have issued a warning to the crypto asset industry to adhere to relevant banking laws.
In a joint statement released on October 11, signed by Commodity Futures Trading Commission (CFTC)…
