LocalEthereum Adds Bitcoin as LocalBitcoins Bows to Finland Regulators

News One of the main competitors of P2P Bitcoin (BTC) exchange LocalBitcoins has taken even more of its market share as the Finnish company seeks regulatory compliance. In a blog post on Nov. 19, LocalCryptos, formerly LocalEthereum, said it had completed the pivotal step of adding support for Bitcoin as well as...
Posted On 19 Nov 2019

Tassat and Blockfills Launch Trade at Settlement Product for Bitcoin

News New York-based fintech provider Tassat is partnering with digital asset market maker Blockfills to launch an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD). According to a Nov. 18 report by Hedgeweek, Blockfills — which specializes in digital asset electronic market making,...
Posted On 19 Nov 2019

Longhash Blockchain Researchers Dispute 2017 ‘Single Whale’ Theory

News Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run. On Nov. 18, researchers at crypto analytics firm Longhash announced that they have calculated a metric called “Tether Purchasing Power,” which shows more...
Posted On 19 Nov 2019

US ICO Scammer Sentenced to 18 Months In Jail

News Maksim Zaslavskiy, a computer programmer from Brooklyn and the first person in the United States to be convicted of running a fraudulent initial coin offering (ICO) has been sentenced to a year and a half behind bars. As Law360 reported on Nov. 18, the Brooklyn businessman received a prison sentence of 18...
Posted On 19 Nov 2019

US SEC Takes Another Look at Rejected Bitwise Bitcoin ETF Proposal

News The United States Securities and Exchange Commission (SEC) is reviewing its decision to reject the Bitcoin (BTC) exchange-traded fund (ETF) filing from Bitwise Asset Management and NYSE Arca. Taking a second lookIn an announcement on Nov. 18, the commission said that the ETF filing from Bitwise Asset...
Posted On 19 Nov 2019

Chinese State Media Says Most ‘Blockchain’ Firms in China Are All Hype, No Code

News Chinese news program Focus Report has said that there are around 32,000 companies in China that claim to use blockchain technology. Reportedly, the real number is not even 10% of that. On Nov. 18, the predominant state television broadcaster in Mainland China, CCTV, aired an episode by Focus Report, titl...
Posted On 18 Nov 2019

US Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11M in BTC

News The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC). Per a press release from the U.S. Department of Justice (DoJ) published on Nov. 18, Roger Nils-Jonas Karlsson is on his way to...
Posted On 18 Nov 2019

Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200

Market Update After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold. At the time of writing, 19 out of the top 20 coins by market cap are seeing significant losses. Texos (XTZ), the 17th altcoin by market cap, is resisting the...
Posted On 18 Nov 2019

Spanish Financial Watchdog Warns Against Unregulated ICO Scheme

News A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. As Financial Magnates reported on Nov. 18, the Comisión Nacional del Mercado de Valores warned the public against AlyCoin as it the coin is registered neither in Spain nor in the corresponding registry and...
Posted On 18 Nov 2019