News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Wilfred Michael

Matt Hougan, the Head of Research at Bitwise Asset Management, the startup whose Bitcoin exchange-traded fund (ETF) the United States Securities and Exchange Commission (SEC) must review within the next week has expressed optimism ahead of the deadline day. Hougan in a Monday interview published on CNBC, (exactly one week to the SEC’s October 13 ... Read more

Bitwise's Matt Hougan: 'We’re Closer Than Ever to a Bitcoin ETF'

Bitwise&#8217;s Matt Hougan: &#8216;We’re Closer Than Ever to a Bitcoin ETF&#8217;

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WilfredMichael

Crypto Regulation News

Ibiam Wayas

Ibiam Wayas is an optimistic crypto news reporter who also enjoys graphics designing and tech writing.

He is an introvert and loves to associate with like minds working on similar goal and ambitions. Ibiam spends much of his time on the internet studying facts that will help him excel in the digital economy.

The New York State Department of Financial Services (NYDFS) is looking to hire a deputy superintendent for its newly created Research and Innovation Division. With a major focus on the blockchain and cryptocurrencies industry, the new department will oversee the processing and issuance of a license, such as BitLicense, to businesses related to digital currencies ... Read more

NYDFS Wants to Hire a Deputy Superintendent With Crypto Knowledge

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Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

William Frederick

Crypto Fanatic, Gamer, Tech Lover, Marketer.

A Pennsylvania resident by the name &#8220;Jon Barry Thompson&#8221; has been charged with multi-million bitcoin fraud by the United States Commodity Futures Trading Commission (CFTC).  According to a press release from the CFTC today, Thompson who hails from Easton, a city in and the county seat of Northampton County, Pennsylvania, United States, has been accused ... Read more

Pennsylvania Man Charged With $7 Million Bitcoin Fraud

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Erik Voorhes, founder, and CEO of popular crypto exchange service, ShapeShift has become the latest industry leader to speak against efforts by regulators to impose KYC requirements on crypto businesses. Voorhes shared these thoughts in a recent Off The Chain podcast with Bitcoin enthusiast, Anthony Pompliano, where they discussed, among other things how the industry ... Read more

ShapeShift CEO Erik Voorhes Slams KYC and AML; Says Restaurants Don’t KYC

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In a move that could be considered unfair for a newly introduced initiative, scammers are already taking advantage of the just-launched Bitcoin futures trading platform to rip unsuspecting investors of their hard-earned cryptocurrencies. The attackers created a Medium fake page with the domain as &#8220;bakktlaunch.com&#8221; which claimed Bakkt&#8217;s team officially developed it. The website even ... Read more

Scam Alert ⁠— Fake Bakkt Giveaway Website Suspended

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Crypto Startup News

Lele Jima

Lele Jima is a writer by heart and a crypto enthusiast. He has been a writer for over two years.  So far, he has written on topics that cut across various industries ranging from fintech to ICT.  He hopes his words bring the desired change we crave for, which is to make the world a better place.  His pen is his might, and the sky, his starting point.

San Francisco-based investment firm, SoFi has announced it would venture into the cryptocurrency industry with a planned launch of its trading platform next week Tuesday.  In an interview granted to Fortune today, SoFi CEO, Anthony Noto stated that the recent development is as a result of consistent users’ demand for the firm to offer cryptocurrency trading ... Read more

Investment Firm SoFi to Launch Crypto Exchange Next Week

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In the hours leading up to press time, Intercontinental Exchange (ICE) backed startup, Bakkt finally went live with its long-awaited institutional-grade bitcoin futures products. The platform which was first announced in August 2018, has thus become the first U.S regulators&#8217; approved venue for trading bitcoin futures that are delivered in physical bitcoin, instead of its ... Read more

Bitcoin Not Moved by Bakkt Launch as It Slips Below $10k Again

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Interviews

Read exclusive crypto interviews featuring some of the most prominent people in the Bitcoin, DeFi and cryptocurrency space in general.

Emi Lacapra

Emi has known Bitcoin since 2014 when she received an email to invest in the new digital currency. She cleverly ignored it (ha!) although she was captured by the concept until she decided to invest time and money to become more educated about the technology and the economic implications of the new monetary system. She believes blockchain and Bitcoin will do great things in the future and change the lives of many, for good.

The weekend just gone delivered one of the most awaited Bitcoin conferences of the year, the Baltic Honeybadger 2019 in the Latvian capital of Riga. Plenty of Bitcoin educators, traders, developers and businesses built around the top cryptocurrency took the stage and animated debates and talks on progress in the space.  All in a friendly ... Read more

Interview With Nicolas Dorier ⁠— Developer at Square Crypto's $100K Funded BTCPay

Interview With Nicolas Dorier ⁠— Developer at Square Crypto&#8217;s $100K Funded BTCPay

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Crypto Wallet News

In an industry where people lose their crypto-assets for even the most minor lack of security consciousness, an African bitcoin holder, Keith Mali Chung, has reportedly shown remarkable honesty by returning the Bitcoin he mistakenly received. Keith, known on Twitter as BitcoinKeith first tweeted on September 12 that he had mistakenly received a “huge sum ... Read more

African Bitcoiner Returns 7.8 BTC ($80k) He Mistakenly Received

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The United States Securities and Exchanges Commission (SEC) Chairman, Jay Clayton revealed in a Monday interview with CNBC that there is now an increased chance of seeing a Bitcoin exchange-traded fund (ETF) go live for U.S investors soon. Clayton made the revelation while answering questions regarding how far crypto market participants seeking the listing of ... Read more

SEC Chairman Says We’re Closer to Bitcoin ETF But More Work Needed

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Frankfurt-based bitcoin mining company, Northern Bitcoin AG, announced Monday it has completed tests for its new air-cooled crypto mining container, according to a press release. The innovative air-cooling container, which was developed by Northern AG in collaboration with unnamed partners in Germany is designed only for outdoor operations. The custom-made 20-foot container has about 144 ... Read more

Northern Bitcoin AG Completes Tests Phase for its New Air-cooled Mining Container

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Bitcoin broke the key resistance level of $10,800 on Friday, nearly hitting $10,900 in a move that brought most to believe it could break $11,000 and go parabolic again. That resistance level became support as in the following hours into Saturday and Sunday the top cryptocurrency, followed by most of the altcoins, suddenly started dropping ... Read more

Bitcoin Breaks Key Resistance but That's a False Break Out

Bitcoin Breaks Key Resistance but That&#8217;s a False Break Out

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Intercontinental Exchange (ICE)-backed cryptocurrency exchange, Bakkt, has finally opened its storage facility for Bitcoin deposits and withdrawals from customers as it prepares ahead for the full launch of its Bitcoin Futures on September 23.  This was confirmed in a tweet today by Bakkt, with the startup noting that “the availability of physical delivery brings more ... Read more

Bakkt Opens Warehouse for Bitcoin Deposits as BTC Eyes $11k

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Amid a turbulent 365-day period where the Argentine fiat currency, the Peso, has lost over half of its value against the dollar, the country has reportedly imposed new capital control measures. A local news agency, Clarin, confirmed the development on Sunday, noting that Argentina introduced new measures to limit its citizen&#8217;s access to foreign currency. ... Read more

Time for Plan Bitcoin? Argentina Imposes New $10,000 Individual Capital Control

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Sygnum, one of the first approved crypto-focused bank by the Financial Market Supervisory Authority (FINMA) in Switzerland wants to expand its cryptocurrency-related banking services to Singapore. The bank initially obtained a conditional banking and securities dealer license from the FINMA to provide services in Switzerland. However, today, it plans to apply for a full banking ... Read more

Swiss First Licensed Crypto Bank Sygnum Plans Expansion to Singapore

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The Craig Stephen Wright saga continues and has now taken the dark shades of drama to unthinkable levels. Let’s try to bring some clarity to the whole story.  There are claims, trials, and court cases that have developed in different directions. There’s a libel court case against Roger Ver, against all others who stated he’s ... Read more

The Craig Wright vs. Kleiman Lawsuit Unfolds as Faketoshi is Ordered to Pay $5B to Late Dave's Family

The Craig Wright vs. Kleiman Lawsuit Unfolds as Faketoshi is Ordered to Pay $5B to Late Dave&#8217;s Family

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Crypto Mining News

The Security Service of Ukraine (SBU) has detained a nuclear power plant worker for an illegal bitcoin mining operation, which allegedly could have led to the exposure of the country&#8217;s confidential data. According to a report by local media outlet Telegraph, the unnamed employee stole electricity, including computers from the power plant station to mine ... Read more

Ukrainian Power Plant Worker Detained for Illicit Bitcoin Mining Operation

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Amazon has begun recovery for the failure in services recently noted on the Amazon Web Services (AWS) &#8212; Amazon-owned subsidiary that provides on-demand cloud computing platforms on a metered pay-as-you-go basis. The company indicated that the failure occurred in the cloud server &#8220;Amazon Elastic Compute Cloud&#8221; (EC2) as well as the cloud database &#8220;Amazon Relational ... Read more

Relieve? Amazon Web Services (AWS) Recovery Now In Progress

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Blockchain analysis company, Chainalysis has announced the first of its kind compliance alerts solution to monitor cryptocurrency transactions, a press release confirmed on Thursday.  More like an update, the blockchain company launched a suspicious cryptocurrency transaction alerts on their current Know Your Transaction (KYT).  The KYT per the release is a real-time Anti-money Laundering (AML) ... Read more

Chainalysis Launches Real-time Alerts For Suspicious Crypto Transactions

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Rebecca Asseh

Rebecca is a blockchain and cryptocurrency journalist fascinated with sharing the knowledge of this technology in the simplest language possible.

Cryptocurrency and blockchain-related skills are some of the highest paying freelancing jobs around the world. Upwork, a leading freelancing marketplace has revealed in a new study that background or knowledge in Bitcoin and cryptocurrency is a top skill on its platform and can earn $165 to $255 hourly. A lot of ventures are beginning to ... Read more

Bitcoin-Related Skills Among Highest Paid Jobs on Upwork

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Nineteen-year-old British man, Elliot Gunton has been sentenced to 20 months in jail today as a punishment for hacking services and unauthorized access to personal data online. He pleaded guilty at an earlier court hearing at Norwich Crown Court, according to the report by the local police. Gunton who is a resident of Mounteney Close, ... Read more

19-year-old British Hacker Elliot Gunton Bags 20-month Jail Term

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Hunter Horsley, the CEO of Bitwise Asset Management an index and beta fund provider, during an interview, said he is still optimistic on the approval of their crypto Exchange-traded Funds (ETF) by the United States Securities and Exchange Commission (SEC). In the interview with Bloomberg&#8217;s Eric Balchunas and Scarlet Fuon UK on August 15, Horsley ... Read more

Bitwise CEO Horsley Optimistic on ETF Approval by the SEC

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Opinion

Read all the latest opinions and comments from cryptocurrency and blockchain industry experts plus the activities of financial institutions.

Guest Author

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Cryptocurrency has been growing in popularity and influence over the last few years &#8211; and the Internal Revenue Service (IRS) is taking notice. The revenue service recently began sending out 10,000 letters to crypto investors, which are intended to be stern reminders about tax compliance. Given the agency&#8217;s record for criminal investigations, the move has ... Read more

Did You Receive the IRS Letters? Here’s How You Can Avoid Trouble

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Yesterday Argentina woke up to the shocking defeat in the primaries of current President Mauricio Macri and the subsequent crash of its Peso currency and the stock market. Leftist Alberto Fernandez won the primaries by a large majority of 16% more votes than his rival, leaving little hope for a Macri’s victory in the presidential ... Read more

BItcoin Is Not a Safe Haven in Argentina Yet; Locals Are Still Resorting to the US Dollar.

Binance US, the United States-focused arm of Binance Exchange is considering the potential listing of thirty different cryptocurrencies, according to a Medium post published today, August 9. The latest development is noteworthy given that it is now less than thirty-five days before Binance users in the United States are cut off from Binance.com for regulatory ... Read more

Binance US Evaluates 30 Cryptos For Listing

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OCEAN Mining Pool Establishes International Hub in San Salvador

Blockchain startup, Blockstream has plans to reduce the level of centralization of Bitcoin mining power according to a blog post dated Aug. 8th. Blockstream as per the update has officially launched the first mining pool aimed at giving back more power to the individual miners through the BetterHash protocol. The startup is understandably concerned regarding the ... Read more

Blockstream to Battle Centralization of Bitcoin Mining Power

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If a threat to global stability is real and imminent with the US-China trade conflict and currency war and stocks expected to drop, everyone has a right to wonder what’s the best way to secure their finances. Bitcoin has proven in the past to be reasonable security against global macroeconomic turmoil other than central banks and ... Read more

Are Bitcoin and Cryptocurrencies the New Safe Haven Assets?

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In what appears as being trapped down, Israeli banks refused to accept the deposit of funds realized as profit by the country&#8217;s Bitcoin (BTC) investors, which invariably affects payment of taxes. The report today, by the Israeli newspaper Haaretz reveals development with the banks is part of an effort to reduce money laundering and terrorist ... Read more

Israel Banks Reject Deposit From Cryptocurreny Investments

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Galaxy Digital CEO and Bitcoin bull, Mike Novogratz has made several headlines in the past for predicting Bitcoin price to reach figures that even some in the industry believe will take several years to achieve. In a recent interview with CNBC, however, Novogratz had a different call to make, this time on how low the ... Read more

Mike Novogratz Doesn't Think You'll Buy Bitcoin at $5K Again!

Mike Novogratz Doesn&#8217;t Think You&#8217;ll Buy Bitcoin at $5K Again!

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Crypto Exchange News

Switzerland-based cryptocurrency exchange, Smart Valor, has launched a platform that will enable users to trade four fiat currencies for Bitcoin (BTC) and Ether (ETH).  According to a press release today, the exchange stated that currently, BTC and ETH could be traded with four major fiat currencies including, Swiss franc (CHF), British pound sterling (GBP), Euro ... Read more

Swiss Crypto Exchange Goes Live with Integrated Trading and Custody Platform

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BTC

Bitwise’s Matt Hougan: ‘We’re Closer Than Ever to a Bitcoin ETF’