BITCOIN PRICE: 2,543.99     HIGH: 2,593.00     LOW: 2,469.47

=
BTCManager.com
advertisement

#TRENDING STORIES

Next Event

Money 20/20 Europe • June 26-28, 2017

European-focused event on Fin-tech, providing an overlook of the disruptive ways in which consumers and businesses manage, spend and borrow…

Click for more details
advertisement

Category: Regulation

Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

Category: Bitcoin, News, Regulation

Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

It is widely known that Bitcoin has enjoyed immense popularity with underground crime markets because of the anonymity associated with financial transactions. Despite becoming mainstream for traditional businesses and everyday consumer commerce, crypto’s nefarious use remains strong, with ransomware and other criminal actors brazenly seeking to extort payment in bitcoin and underground markets now utilizing a variety of cryptocurrencies. The...

READ MORE

Declaring Crypto at the U.S. Border: Say What?

Category: Bitcoin, News, Regulation

Declaring Crypto at the U.S. Border: Say What?

With terrorist activity concerns continuing to escalate, four U.S. senators have proposed legislation that would lead to significantly expanded federal government powers to seize citizen money when traveling to or from the United States. On May 25, a bi-partisan congressional group consisting of Sens. Charles Grassley (R-Iowa), Dianne Feinstein (D-Calif.), John Cornyn (R-Texas) and Sheldon Whitehouse (D-R.I.) introduced to Congress...

READ MORE

Over One Third of Startups in Second Cohort of FCA’s Fintech Sandbox Are Building Blockchain Solutions

Category: Blockchain, Business, News, Regulation

Over One Third of Startups in Second Cohort of FCA’s Fintech Sandbox Are Building Blockchain Solutions

The UK’s financial regulator, the Financial Conduct Authority (FCA), has announced the second cohort of its fintech sandbox on June 15. Out of the 24 startups joining this year’s cohort, nine are developing solutions using blockchain technology, which is a testament to the potential that the FCA sees for this new technology to play a major role in the financial...

READ MORE

New Zealand Slow to Adopt Cryptocurrencies

Category: Altcoins, Bitcoin, News, Regulation

New Zealand Slow to Adopt Cryptocurrencies

Bitcoin reached a new all-time high in June when it inched close to the $3,000 mark after an impressive six-month rally that saw the cryptocurrency triple in value. Unsurprisingly, bitcoin has been all over the media in the past few months as global adoption and the demand is increasing. However, adoption rates are faster in some countries, such as Japan,...

READ MORE

Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Category: Bitcoin, News, Regulation

Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Due to bitcoin’s pseudo-anonymous nature, which makes it difficult to link transactions to the individuals conducting them, bitcoin has become the new go-to ransom payment method in ransomware attacks. This development has led cybersecurity firms to buy and store bitcoin in case their clients decide to pay the ransom. However, regulations are making it increasingly difficult for cybersecurity specialists to...

READ MORE

advertisement

Banks Can Legally Deny Services to Bitcoin Companies in Israel

Category: Bitcoin, News, Regulation

Banks Can Legally Deny Services to Bitcoin Companies in Israel

On June 6, the Tel Aviv district court announced its official ruling on the dispute between Israeli bitcoin exchange Bits of Gold and the country’s second largest financial institution Bank Leumi. The court ruled in favor of Bank Leumi, dismissing the case of Bits of Gold and the denial of banking services for bitcoin startups and service providers in the...

READ MORE

Ponzi Schemes GAW Miners and ZenMiner Fined $10 Million Each

Category: Bitcoin, News, Regulation

Ponzi Schemes GAW Miners and ZenMiner Fined $10 Million Each

Connecticut-based companies, GAW Miners and ZenMiner, have been ordered by the U.S. District Court for the District of Connecticut to pay $10 million each as fines for their fraudulent activities. The two companies were fronted by Homero Joshua Garza but ceased their operations when accusations leveled against them reached a crescendo. Both GAW Miners and ZenMiner operated as bitcoin cloud...

READ MORE

EU Launches TITANIUM Consortium to Prevent Criminal Use of Cryptocurrencies

Category: Bitcoin, News, Regulation

EU Launches TITANIUM Consortium to Prevent Criminal Use of Cryptocurrencies

The European Union (EU) has announced the creation of an international consortium that seeks to diminish the use of cryptocurrencies and the dark web by criminals. As evidenced in the recent WannaCry attack, criminals use the pseudo-anonymity provided by bitcoin to their advantage. This project aims to find ways to stop the use of cryptocurrencies as a means to evade...

READ MORE

Ross Ulbricht's Appeal Rejected, Judges Blast Drug Policy

Category: Bitcoin, Commentary, News, Regulation

Ross Ulbricht's Appeal Rejected, Judges Blast Drug Policy

US Judges uphold Ross Ulbricht’s life sentence Reuters reported on May 31, as the self-confessed mastermind of the infamous Silk Road deep web marketplace lost an appeal to overturn his conviction. On May 31, 2017, the Court of Appeals in New York rejected the appeal, where Ulbricht’s lawyers argued that their client was not given a fair trial due to...

READ MORE

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

Category: Bitcoin, Finance, News, Regulation

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

On May 2, Missouri-based tech entrepreneur Jason R. Klein pleaded guilty in federal court to charges of running an illegal money transmitting business by converting bitcoin into cash without a license using the popular peer-to-peer marketplace LocalBitcoins. For his actions, Klein could face up to five years in federal prison. Instead of bringing the case in front of a grand...

READ MORE