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Markets

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Federal Reserve. Credit: Shutterstock

Markets

Chainalysis Says BitForex Trading Volumes Could Be Fake

The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.

chainalysis-bitforex-3

Markets

OneCoin Founder's Brother Faces 90-Year Jail Term After Plea Deal

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

lady justice

Markets

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

Nasdaq

Markets

Kik Suffers Setbacks With 'Void for Vagueness' Defense in SEC Case

Kik has hit a brick wall with its ambitious "void for vagueness" defense in a case brought by the SEC over its $100 million initial coin offering.

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Markets

Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing

Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.

telegram

Markets

Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex.

Justin Sun speaks at Consensus 2019

Markets

BitGo Says It's Now Processing 20% of Bitcoin Transactions

The crypto custodian facilitates a sizable share of on-chain transactions, a sign of consolidation, and power, in the crypto space.

BitGo CEO, Mike Belshe

Markets

BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020

BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings.

funding pig

Markets

Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes

Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions.

John Roth (Credit: Bittrex)