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US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization
16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.
Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens
OKEx users have withdrawn 2,822 Bitcoin (BTC) from the exchange within 15 minutes of withdrawal services reopening after they were suspended due to an investigation.
US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation
In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.
US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year
The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30.
Jury Trial will Decide if Ethereum Dev Nigel Griffith Helped North Korea Evade Sanctions
Ethereum developer Virgil Griffith has been accused by the US Department of Justice of aiding North Korea (DPRK) in evading sanctions and will now face trial by jury.
Crypto Whales Moving BTC to Exchanges Sees Bitcoin Price Bounce at $17,250
The Bitcoin price corrected fell and bounced at $17,250 as crypto whales moved their BTC to exchanges, presumably to cash in as BTC approached a new all-time high of $20,000.
New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme
A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.
Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi
As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.
Bitcoin Whales Return To Exchanges Stifling BTC Relief Price Rally Above $19,500
The Bitcoin price surged out above $19,500 earlier today, recorded as high as $19,570 on major exchanges before dropping to $19,050 due to selling pressure from BTC whales.
South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members
The four primary crypto exchanges in South Korea, namely Coinone, Korbit, Bithumb, and Upbit, have reportedly offered to help police investigate the sexual exploitation of underage girls in the “Nth Rooms” scandal that has sparked a national outcry.
DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist
The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.