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Largest Asset Manager BlackRock May Start Trading Bitcoin Futures

January 20, 2021 , , , , , , , , , Eddy 0

The world’s largest asset manager, BlackRock, may start trading cash-settled Bitcoin futures. This is according to new filings with the US Securities and Exchange Commission (SEC). BlackRock is the world’s largest asset manager, with almost $8 trillion worth of assets under management last year. To put it in perspective – that’s almost 8 times the […]

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Tether’s General Counsel: iFinex v. NYAG Case Continues with a Court Meeting in 30 Days

January 20, 2021 , , , , , Eddy 0

The January 15th deadline passed, and, as somewhat expected, the parties in the NYAG v iFinex case are yet to conclude the production and submission of the requested documentation. As reported by CryptoPotato earlier, January 15th was a much-anticipated date regarding the case between the New York Attorney General’s office and iFinex – the parent company of […]

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Trump Pardons ex-Ripple Board Member But Skips Snowden, Ulbricht, and Assange

Trump Pardons ex-Ripple Board Member But Skips Snowden, Ulbricht, and Assange

January 20, 2021 , , , , , , , , , Eddy 0

During his last full day in office, US President Donald Trump issued 73 pardons and commuted the sentences of 70 others. Some of the individuals that received pardons include Trump’s former campaign advisor Steve Bannon, ex-Ripple board member Ken Kurson, and rapper Lil Wayne. However, the names of Edward Snowden, Ross Ulbricht, and Julian Assange […]

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French Programmer Sent Bitcoin Donations to Far-Right Activists Who Participated in the US Capitol Riots

French Programmer Sent Bitcoin Donations to Far-Right Activists Who Participated in the US Capitol Riots

January 16, 2021 , , , , , , Eddy 0

A crypto forensic analysis reveals that a French donor sent over $500,000 worth of bitcoin (BTC) to far-right activists in the United States. The half-million dollars went to the groups that took part in the pro-Trump riots in the U.S. Capitol. Alt-Right Personalities and Websites Are Included on the List of Recipients According to Chainalysis, […]

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Bitcoin Faced First Major Correction In Current Bull Run: The Crypto Weekly Market Update

January 15, 2021 , , , , , , , , , , , , , , , , Eddy 0

This week was very intensive in the cryptocurrency market. It’s perhaps safe to say that it was among the most tumultuous ones we’ve had in the last few months. Everything started calmly, and during the weekend, the price hit an all-time high value of $42,000. The excitement was short-lived, as immediately after that, bitcoin went […]

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$500K Bitcoin Donation Funneled to Groups Involved in US Capitol Riot: Analysis

January 15, 2021 , , , , , , , Eddy 0

Blockchain intelligence firm Chainalysis has tracked simultaneous Bitcoin (BTC) donations to wallets associated with right-wing extremist groups in the U.S., which might have helped fund the recent riot at the U.S. Capitol. The news marks yet another pivot towards pseudonymous money transfer means by alt-right groups in the U.S. Alt-Right Agitators Received $500K in Bitcoin […]

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Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

January 15, 2021 , , , , , , , , , Eddy 0

One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist […]

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Bulgarian Crypto Exchange Owner Sentenced To 10 Years in Prison for Laundering $5 Million

January 14, 2021 , , , Eddy 0

A Bulgarian national was sentenced to serve ten years in prison after a major crypto-related fraud. Not long ago, the man was convicted in a transnational multimillion-dollar scheme to defraud over 900 American citizens. An Auction Fraud That Victimized over 900 Americans According to an official announcement by the United States Department of Justice, Rossen G. […]

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FinCEN Extends Comment Window on Proposed Crypto Regulations

January 14, 2021 , , , , Eddy 0

With the initial deadline for comments long expired, FinCEN has decided to extend the comment period for its proposed controversial crypto regulation for an additional 15 days. FinCen Sets New Deadline The Financial Crimes Enforcement Network (FinCEN), an office of the U.S. Department of Treasury, announced the news of the extension via a press release […]

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Survey: The Number of US Financial Advisors Allocating to Crypto in Client Portfolios Jumped 49% in 2020

Survey: The Number of US Financial Advisors Allocating to Crypto in Client Portfolios Jumped 49% in 2020

January 14, 2021 , , , , , , , , , Eddy 0

A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto Investments According to the San Francisco-based asset management firm Bitwise, 58% […]

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