#United States News

Square Enables Deposit of COVID-19 Stimulus Payment via Bitcoin-Friendly Cash App

April 13, 2020 by Anthonia Isichei at Bitcoin

Square, a mobile payments platform, recently announced the addition of a new feature that would enable users to deposit their COVID-19 stimulus payment to its bitcoin-friendly Cash App. Square's Cash App Now Allows COVID-19 Stimulus Package Deposits According to a blog post, Square’s Cash App announced that users eligible for...

Sacramento Residents can now Purchase Bitcoin at 100 Coinstar Kiosks

January 10, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinme, a blockchain-powered financial technology firm dedicated to enabling the masses to gain easy access to bitcoin (BTC), has announced that residents of the greater Sacramento area can now purchase the world’s flagship cryptocurrency at 100 Coinstar kiosks installed across Save Mart, Safeway and Food Maxx supermarkets, according to a...

Virgil Griffith Finally Released on Bail

January 10, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

Virgil Griffith, a former researcher and scientist at the Ethereum Foundation (EF) has been released on bail after being held for ten days. Griffith's long overdue stay in custody occurred a day after his indictment for conspiracy charges, and in the face of a U.S. District Judge granting him bail,...

SEC Slams ICOBox with $16 Million Fine for Securities Violation

January 10, 2020 by Osato Avan-Nomayo at Regulation

The U.S. Securities and Exchange Commission (SEC) is seeking civil penalties and disgorgement from crypto entrepreneur Nikolay Evdokimov and his company, ICOBox for facilitating the sale of unlicensed securities via ICOs. SEC Wants ICOBox to Pay $16 Million Fine According to FinanceFeeds, the SEC wants the courts to issue a...

United States Department of Elections to Study the Viability of Using Blockchain

January 7, 2020 by Ashwath Balakrishnan at Blockchain

Hala Ayala, a Democrat in Virginia's House of Delegates, has requested the Department of Elections to study the use of blockchain technology to improve the reliability of the election process. Ayala is a cybersecurity expert who previously worked for the Department of Homeland Security. On her request, the senate and...

Large Octopus Grabbing Bitcoin's and Court Gavels

Kraken Rails Against Rising Cost of Compliance for Crypto Exchanges

January 7, 2020 by Osato Avan-Nomayo at Regulation

San Francisco-based Kraken says the increasing number of law enforcement requests across the globe is placing a significant strain on crypto exchanges. Since 2018, several platforms have been forced to go out of business for reasons other than being victims of cyber thefts. Global Rise in Compliance Costs In a...

Court Blocks U.S. SEC from Obtaining Telegram ICO Financials

January 7, 2020 by Osato Avan-Nomayo at Regulation

The case against Telegram by the U.S. Securities and Exchange Commission (SEC) has hit a snag as a court has denied the Commissions requests to view the company’s financials, reports FinanceFeeds. First Blood to Telegram According to FinanceFeeds, a New York Southern District Court has struck out a motion by...

U.S. Law Firm Sued by Crypto Investment Fund for Fallacious Advice

January 3, 2020 by Ashwath Balakrishnan at Regulation

Faegre Baker Daniels, a Chicago-based law partnership, is being accused of legal negligence and "erroneous advice" by Digital Capital Management LLC, formerlly known as Crypto Asset Fund LLC. According to legal documents, Faegre Baker Daniels told the investment fund to structure their company in a particular way, citing that crypto...

Poloniex Crypto Exchange Resets Customers’ Passwords On Suspicion of Data Breach

December 31, 2019 by Aisshwarya Tiwari at Blockchain

On December 30, 2019, cryptocurrency exchange Poloniex emailed its customers saying that it had reset their passwords after “someone” allegedly leaked their email addresses and passwords on Twitter. Prevention Is Better than Cure In a bid to safeguard its customers from an apparent security threat, U.S.-based digital currency exchange Poloniex...

Ethereum in a machine of cogs Dapp and bank-threatening ideas

U.S. District Judge Grants Griffith Release Under $1 Million Bond

December 31, 2019 by Aisshwarya Tiwari at Ethereum

Former Ethereum Foundation researcher Virgil Griffith is poised to be released to his parents’ home in Alabama, U.S., given he meets some pre-release conditions, District Court Judge Vernon Broderick made the ruling, December 30, 2019. Griffith’s Homecoming Griffith, a former researcher at Ethereum Foundation has been released on a $1...

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