Category: News

Taiwan Indicts Seven Allegedly Fraudulent Bitcoin Investment Managers

Seven people who allegedly managed a fraudulent crypto investment scheme have been indicted in Taiwan, according to a report by English-language local media FocusTaiwan on Jan. 18. According to the report, citing local prosecutors, the defendants were charged with the violation of Taiwan’s Banking and Multi-Level Marketing Supervision acts. The group was reportedly arrested on […]

Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money

A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website. The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as […]

Wyoming Looks Determined to Legalize Bitcoin as Money

Wyoming is introducing a bill that will put cryptocurrency like Bitcoin on the same legal footing as money. The bill will also provide a precise classification of digital assets, especially for custody administration. Cryptocurrency to Have the Same Legal Status as Money Sponsored by Sen. Tara Nethercott (R-WY) along with five other state Senators and […]

ICOs Raised $160 Million in First Half of January, Report Says

Initial coin offerings (ICOs) completed in the first half of January have raised around $160 million. The figure was provided in a report by ICO rating service ICObench shared with Cointelegraph on Jan. 18. ICOs completed by Jan. 15 have managed to raise about 33 percent of the combined amount raised in the previous month […]

Opinion: Stop Trying To Build a Better Bitcoin

A team of professors from top US universities have come together to create a new globally scalable decentralized payments system. But with Bitcoin already proving to work as intended for ten years running, would a ‘better Bitcoin’ even stand a chance? MIT and Standford Professors Developing Unit-E The professors formed a non-profit foundation based in […]

Crypto Market Wrap: TenX Surging on Reissued PAY Credit Cards

Crypto markets are still flat this Saturday, Tron pulling back after recent gains, TenX surging. As we enter the weekend crypto markets remain inactive. If anything there has been a slight pullback for most crypto assets but total market cap is still hovering just above $120 billion. Over the past 24 hours Bitcoin has dropped […]