newszine

Quadriga: Lawyers for users of bankrupt crypto firm seek exhumation of founder

1 hour ago NAMEX Comments Off on Quadriga: Lawyers for users of bankrupt crypto firm seek exhumation of founder
Lawyers representing users of bankrupt cryptocurrency exchange QuadrigaCX are asking Canadian authorities to exhume the body of its founder. They say they want an exhumation given “questionable circumstances” surrounding his death. Gerald Cotten died suddenly last year in India from complications related to Crohn’s disease. Following his death, the exchange was unable to locate or Read More

Exclusive: ING working on digital assets custody technology – sources

2 days ago NAMEX Comments Off on Exclusive: ING working on digital assets custody technology – sources
NEW YORK (Reuters) – Dutch bank ING is working on developing technology to help clients safely store digital assets, according to people familiar with the matter. A pedestrian walks past the logo of ING bank by the entrance of the group’s main office in Brussels November 6, 2013. ING said it should complete its restructuring Read More

New York state regulator proposes new framework for crypto coin listings

2 days ago NAMEX Comments Off on New York state regulator proposes new framework for crypto coin listings
FILE PHOTO: A man works beneath a display showing the market price of Bitcoin on the floor of the Consensus 2018 blockchain technology conference in New York City, New York, U.S., May 16, 2018. REUTERS/Mike Segar (Reuters) – New York State’s financial regulator on Wednesday proposed a plan that would allow licensed virtual currency firms Read More

With hashes and hedges, power-hungry crypto miners court investors

4 days ago NAMEX Comments Off on With hashes and hedges, power-hungry crypto miners court investors
LONDON (Reuters) – The old image of bitcoin miners is of young techies in their bedrooms, hunched over laptops that solve maths puzzles to earn new coins. Now they’re more likely to be savvy startups with ultra-high-speed chips and massive, power-guzzling machines. FILE PHOTO: An employee works on Bitcoin mining computer as a PC screen Read More

Sean Hannity questions Georgia gov’s Senate pick, presses for ‘rock star’ Rep. Doug Collins

2 weeks ago NAMEX Comments Off on Sean Hannity questions Georgia gov’s Senate pick, presses for ‘rock star’ Rep. Doug Collins
Sean Hannity panned Georgia Gov. Brian Kemp’s expected appointee to the U.S. Senate Monday night, saying thatRep. Doug Collins, R-Ga was”the single best choice to fill that Senate seat.” Incumbent Sen. Johnny Isakson, R-Ga., is retiring at the end of the year due to health issues. Kemp, a Republican, is expected to choose business executive Kelly Loeffler, Read More

US cryptocurrency expert arrested for ‘aiding adversary & sanctions violation’ over North Korea trip

2 weeks ago NAMEX Comments Off on US cryptocurrency expert arrested for ‘aiding adversary & sanctions violation’ over North Korea trip
The FBI has arrested an American citizen accused of illicitly traveling to Pyongyang to give a talk on cryptocurrencies, claiming that the tech expert knowingly undermined Washington’s efforts to isolate North Korea economically. Virgil Griffith was taken into custody in Los Angeles over the trip to Pyongyang, where the Department of Justice says he gave Read More

Asian stocks cheered by fresh trade talk momentum

3 weeks ago NAMEX Comments Off on Asian stocks cheered by fresh trade talk momentum
TOKYO (Reuters) – Asian stocks rose on Tuesday, bolstered by Wall Street’s record closing highs and signs of new momentum in Beijing’s and Washington’s efforts to end their long and acrimonious trade dispute. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China May 6, 2019. REUTERS/Aly Song/Files MSCI’s Read More

Bitcoin plummets to a six-month low on China crackdown

3 weeks ago NAMEX Comments Off on Bitcoin plummets to a six-month low on China crackdown
FILE PHOTO: A small toy figurine is seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/File Photo LONDON (Reuters) – Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, Read More

OneCoin lawyer found guilty in ‘crypto-scam’

3 weeks ago NAMEX Comments Off on OneCoin lawyer found guilty in ‘crypto-scam’
A US lawyer has been found guilty for his role in the OneCoin cryptocurrency scam, which raised billions of pounds from investors convinced they were buying into a new digital currency. A New York jury found that Mark Scott helped to perpetrate the scheme, routing approximately $400m (£310m) out of the US while working to Read More

Roughly $400 million of Ripple tokens tied to illegal activity: Elliptic

3 weeks ago NAMEX Comments Off on Roughly $400 million of Ripple tokens tied to illegal activity: Elliptic
NEW YORK (Reuters) – About $400 million of XRP tokens, the currency for the Ripple payment network, is tied to illegal transactions, according to findings released on Wednesday by London-based Elliptic, a provider of risk management systems for the cryptocurrency industry. The $400 million is equivalent to about 30% of XRP’s market capitalization of around Read More