radar

Those ‘hiding behind anonymity of crypto transactions’ will be accountable, SEC warns

Source Node: https://ambcrypto.com/those-hiding-behind-anonymity-of-crypto-transactions-will-be-accountable-sec-warns/
Time Stamp: November 19, 2021 3:30 PM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

Individuals who hide behind the anonymity of cryptocurrency transactions to defraud investors should expect that the SEC will trace their illegal activity and hold them accountable for their actions The Securities and Exchange Commission (SEC) has charged a California-based promoter for alleged Bitcoin-related fraud, the regulator announced on 18 November, 2021. The promoter, Ryan Ginster has been held for, “…conducting two unregistered and fraudulent securities offerings that raised over $3.6 million in cryptocurrency from retail investors.” The complaint filed, charges the Promoter with violating: 👉 antifraud and registration provisions of

Compound liquidity miners possess less than 20% COMP tokens

Source Node: https://bitcoinerx.com/blockchain/compound-liquidity-miners-possess-less-than-20-comp-tokens/
Time Stamp: November 15, 2021 7:17 PM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

According to a new study, one of the industry’s largest DeFi protocols is experiencing a motivational crisis.  Alex Kroeger, an Ethereum researcher, discovered in his paper that the majority of Compound’s liquidity miners have little to no financial interest in the protocol and do not engage in its governance. The analysis looked at the top 100 accounts by accrued COMP from liquidity mining in order to show that Compound’s liquidity mining needs to be fixed. The miners at compound aren’t holders Compound was one of the first protocols to implement

With BlockFi, Celsius under the radar now, what next for crypto-regulations

Source Node: https://ambcrypto.com/with-blockfi-celsius-under-the-radar-now-what-next-for-crypto-regulations/
Time Stamp: September 24, 2021 4:30 AM - Modified On: September 24, 2021 - Published By:
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Republished By Plato

The New Jersey Bureau of Securities has once again delayed the enactment of the cease-and-desist order it had issued for new interest accounts with crypto-lender BlockFi. The firm announced the extension on Twitter. It is the third time such a delay has come to pass after the regulator initially issued the order back in July. This was followed by a host of other state regulators issuing similar orders against the crypto-firm over its offerings. According to these agencies, these offerings fall under the definition of a security. Now, while BlockFi

Binance flagged by Singapore’s MAS, placed on Investor Alert List

Source Node: https://ambcrypto.com/binance-flagged-by-singapores-mas-placed-on-investor-alert-list/
Time Stamp: September 2, 2021 8:00 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

While Binance has continued to accelerate its compliance efforts, its regulatory woes just keep mounting. The Monetary Authority of Singapore [MAS] is in the news today after it put the cryptocurrency exchange on its regulatory radar. The exchange platform was placed on the central bank’s Investor Alert List on 2 September. The list contains companies or entities that have not been licensed by the regulatory body but may have been wrongly perceived by investors to be regulated. Now, while no further details about the flagging have been provided, it comes

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

Source Node: https://cointelegraph.com/news/token-launches-from-ethereum-to-telegram-where-do-we-go-from-here
Time Stamp: August 12, 2020 9:51 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

Two Macro Calls That Could Propel Bitcoin to $14,000 This Year

Source Node: https://bitcoinist.com/two-macro-calls-that-could-propel-bitcoin-to-14000-this-year/?utm_source=rss&utm_medium=rss&utm_campaign=two-macro-calls-that-could-propel-bitcoin-to-14000-this-year
Time Stamp: August 7, 2020 1:42 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin may hit $14,000 in the coming quarter. The analogy appears out of two extremely bullish calls made for the US dollar and Gold. Bitcoin has shown an extreme correlation with the two macro assets this year. Bitcoin may have some fuel left to continue its 2020’s run-up towards the $14,000-mark. The level–last approached in 2019 against the backdrop of an escalating US-China trade war and falling yuan– has fallen back into the radar of Bitcoin bulls. Only this time, the weakening US dollar has replaced its Chinese counterpart as

Bitcoin Reddit Roundup – July 2020

Source Node: https://bitcoinmagazine.com/articles/bitcoin-reddit-roundup?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reddit-roundup
Time Stamp: August 1, 2020 12:07 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Welcome to the second edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This roundup contains 45 links to the best quality content that was uploaded to Bitcoin Reddit this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup there are 10 different categories of links: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun, And Other. Big shoutout to Sam Wouter,

Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’

Source Node: https://cointelegraph.com/news/rune-christensen-our-job-is-to-support-whatever-the-maker-community-decides
Time Stamp: April 6, 2020 3:41 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the dust begins to settle over MakerDAO’s Black Thursday incident, the team is now returning to a normal working pace. We took the opportunity to catch up with Rune Christensen, one of the original founders of the protocol, for a full recap of the situation and what it means for Maker (MKR). Christensen had been oddly quiet as the events were unfolding, never joining any forum discussion or issuing comments to the media — until now.MakerDAO provides users with stable DAI cryptocurrency in exchange for their volatile crypto holdings, and

Sophisticated Mining Botnet Identified After 2 Years

Source Node: https://cointelegraph.com/news/sophisticated-mining-botnet-identified-after-2-years
Time Stamp: April 5, 2020 8:03 AM - Modified On: May 21, 2021 - Published By:
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Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However, despite their scarcity, MS-SQL servers offer sizable processing power in addition to typically storing valuable information such as usernames, passwords, and credit card details.Sophisticated crypto-mining malware network identifiedOnce a server is infected, Vollgar “diligently and