U.S. arrests operator of shuttered bitcoin investment platform

(Reuters) – The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft by hackers of virtual currency now worth nearly $70 million. Federal prosecutors

Zaif exchange glitch let users buy cryptocurrency for free

A glitch at a Japanese cryptocurrency exchange allowed some users to buy digital currencies for free, heightening concerns over the security of such trading platforms. Zaif, which is run by Tech Bureau Corp, and registered by the government, said that an error

Elliott’s Case for Bitcoin Is About the Power of Fiction

This post originally appeared in Money Stuff. Here’s Paul Singer’s Elliott Management with the bull case for bitcoin: “FOMO (fear of missing out) has solidly trumped WTHIT (what the hell is this??),” Elliott told clients in a January 26 letter seen by Business

ETH Founder Lays Groundwork for ETH Rally

By Gaurav S. Iyer, IFC Published : February 21, 2018 iStock.com/LEEDDONG Ethereum News Update Over the last year, initial coin offerings (ICOs) have become quite a phenomenon. And ETH prices have largely benefitted from this trend, since most ICOs take place on

Cryptocurrency Investors Wade Into Dark Pools – MoneyBeat

If true believers in cryptocurrency hoped to create a more transparent financial system that didn’t depend upon trust, what are they to make of the emergence of bitcoin dark pools? Republic Protocol, a Singapore-based company, raised 35,000 ether ($33.8 million) this month

Swiss regulator FINMA publishes ICO guidelines

In guidelines published last week, the Swiss Financial Market Supervisory Authority – FINMA – set out ICO guidelines. These describe how it intends to apply financial market legislation in handling enquiries from ICO (initial coin offerings) organisers. The guidelines also define the