49-year-old peer-to-peer crypto trader, Hugo Sergio Mejia, has agreed to plead guilty to charges of money laundering and operating an unlicensed money transmitting business. The U.S. Attorney’s Office accuses Mejia of using a suite of limited liability corporations to conceal the true nature of his operations while exchanging cash for Bitcoins over a period spanning more than two years. The […]

The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part of the Fed’s Digital Innovation Policy Per the Linkedin job […]

Crypto Broker AG, the brokerage subsidiary of Swiss digital assets startup Crypto Finance Group, received a securities license from Switzerland’s financial watchdog. Crypto Broker AG Scores FINMA Securities License According to a press release on PRNewswire on Monday (Feb. 1, 2021), Crypto Broker AG, has secured the securities house license from the Swiss Financial Market Supervisory Authority (FINMA). The new […]

The Wall Street Bets phenomenon recent took a grasp of the crypto market, with an army of retail investors first targeting Dogecoin before setting their sights on XRP XRP saw some slow momentum at first, but rumors regarding a “pump and dump” Telegram chat looking to rocket its price quickly circulated This led many traders to jump into positions hoping […]

BitGesell represents a deflationary cryptocurrency that closely resembles bitcoin, but comes along with a few design changes. Its value proposition stems from Silvio Gesell’s financial market philosophy, who imagined monetary units that lose their value over time through demurrage. To keep things simple, BitGesell achieves scarcity through the means of accelerated block reward halvings and transaction fee burns. The Dawn […]

LIAN Group announce joint venture with BitFury which will generate 3,500 Bitcoins. Private equity firm LIAN Group has further demonstrated its commitment to developing and investing in disruptive technologies by announcing a $12m (USD) injection to upgrade a blockchain datacenter in Canada. The deal, which was concluded this week, is a joint investment venture with Bitfury to jointly invest in […]

In September of 2020, the frontman for the rock band Kiss, Gene Simmons, tweeted a cryptic message about bitcoin with one of the cofounders of the Gemini crypto exchange. Then on Sunday, the Kiss singer tweeted to his 900k Twitter followers that he bought “bitcoin, ethereum, litecoin, and others.” The bassist and co-lead singer of the classic rock band Kiss […]

Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports. As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck’s non-fungible token, or NFT, marketplace, the company announced Monday. Coincheck originally announced that it was considering launching an NFT platform in August 2020. According to the […]

A subreddit that has been growing very quickly has managed to meme doge to the moon and now appear to be pumping the SEC rekt XRP. r/SatoshiStreetBets, which we are shorting to SWB, has now reached 230,000 new users from barely 10,000 a week ago. More importantly, there are 7,800 active users right now on the sub, almost as much […]