Florida Judge Overturns Ruling That Bitcoin Isn’t ‘Money’

florida court

A Florida appeals court has overturned a ruling that acquitted a Localbitcoins trader of money laundering and working as an unlicensed money transmitter. Bitcoin No Longer ‘Poker Chips’? As local news outlet Miami Herald reported January 30, Michell Espinoza, who sold bitcoin worth around $1350 to an undercover police detective in 2014, will now face a jury. Prosecutors argue Espinoza should have registered as a money transmitter before advertising services on P2P trading platform Localbitcoins.

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Nasdaq Unveils Vetting Process for Bitcoin Exchanges

DX Exchange, the NASDAQ-Powered Cryptocurrency Exchange Platform to Launch in June 2018

Nasdaq has unveiled its comprehensive onboarding process for Bitcoin exchanges looking to use its proprietary surveillance tools as part of efforts to combat wash trading and other forms of market manipulation. The stock exchange operator says that it has already on-boarded seven platforms. Rigorous Vetting Needed for Bitcoin Exchanges Nasdaq has a team of 20 people conducting due-diligence checks on Bitcoin exchanges that want to start using the company’s trading surveillance technology, reports Forbes. This team

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$1.7B Stolen in 2018 – Cryptocurrency Theft Skyrockets as Prices Dropped

cryptocurrency theft cybercrime exchange hack

According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1.7 billion of cryptocurrency last year. Despite the savage bear market conditions and freefalling prices, cryptocurrency theft is on the rise. Hackers Take the Lion’s Share Of the total stolen cryptocurrency funds, hackers made away with the lion’s share. Some $950 million was taken from exchanges and wallet providers. The below chart says it all. Despite Bitcoin losing

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Venezuela Finds Out the Hard Way That Only Bitcoin is Unconfiscatable

venezuela gold bitcoin

The ongoing political turmoil in Venezuela continues to intrigue Bitcoin figures, following the Bank of England blocking access to the country’s gold reserves in favor of US-backed interim president Juan Guaidó.  Keiser Champions ‘Unconfiscatable’ Bitcoin Venezuela, whose citizens have begun turning to Bitcoin en masse in the face of million-percent inflation, capital, and migration controls, appears to be on the cusp of regime change. Guaidó, who has said he is now the country’s president, has faced

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Civic CEO: Bitcoin’s Crypto Winter Could Soon Turn ‘Nuclear’

The term “Crypto Winter” has been thrown around a lot lately to describe the more-than-one-year-long bear market in Bitcoin and broader cryptocurrency space. However, Civic’s CEO thinks that the phrase “Nuclear Winter” might soon be more appropriate. ‘Winter has come’ for Bitcoin (BTC) and the broader cryptocurrency market, but any hopes for a bull run in the immediate future might still be ‘A Dream of Spring.’ Bitcoin has fallen hard from highs of approximately $20,000

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Decentralized Exchange Trading Volume Hits All-Time Low

tumbleweed DEX Decentralized exchange

Despite the interest of major cryptocurrency exchanges in pursuing the DEX model, decentralized exchanges have hit an all-time low in terms of USD traded value. Trading Volume at All-Time Low According to a new research by Diar, decentralized exchanges (DEX) have now hit their all-time low in terms of USD traded value. The report outlines that since June 2017 – when DEX started to appear, their total trading volume is $8.9 billion. During the month of January

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World Gold Council: Bitcoin is No Substitute for Gold

As the largest and most established cryptocurrency, Bitcoin has earned a reputation among many as “digital gold.” Long-term HODLers and Bitcoin proponents either compare Satoshi’s invention to the precious metal or claim that it’s better than gold. But new research from the World Gold Council says otherwise. Gold kicks Bitcoin’s sorry ass. World Gold Council Report In a report published on Tuesday, the World Gold Council touches upon the erratic performance of all major markets

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Don’t Bet On Ethereum: Gamblers Switching to EOS, TRON

EOS Cryptocurrency Gambling company Monster Byte Inc. launches ICO

Blockchain analysts Diar looked at three competing platforms supporting dApps to find out how much dollar value each process, finding a mass exodus away from Ethereum to EOS and Tron, most of which was related to gambling. The King Has Lost His Crown Ethereum spent quite some time topping the Decentralised Application (DApp) tree, primarily due to lack of any real competition. However, the two newcomers to the space are looking to unseat the incumbent smart contracts

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Don’t Bet On Ethereum: Gamblers Switching to EOS, TRON

EOS Cryptocurrency Gambling company Monster Byte Inc. launches ICO

Blockchain analysts Diar looked at three competing platforms supporting dApps to find out how much dollar value each process, finding a mass exodus away from Ethereum to EOS and Tron, most of which was related to gambling. The King Has Lost His Crown Ethereum spent quite some time topping the Decentralised Application (DApp) tree, primarily due to lack of any real competition. However, the two newcomers to the space are looking to unseat the incumbent smart contracts

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Don’t Bet On Ethereum: Gamblers Switching to EOS, TRON

EOS Cryptocurrency Gambling company Monster Byte Inc. launches ICO

Blockchain analysts Diar looked at three competing platforms supporting dApps to find out how much dollar value each process, finding a mass exodus away from Ethereum to EOS and Tron, most of which was related to gambling. The King Has Lost His Crown Ethereum spent quite some time topping the Decentralised Application (DApp) tree, primarily due to lack of any real competition. However, the two newcomers to the space are looking to unseat the incumbent smart contracts

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