Cease and Desist Order Against Genesis Mining Now Withdrawn

After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division. The company will relaunch to U.S.-based customers shortly. This marks one of the first times a blockchain company has fought back against […]

Lyn Ulbricht and the Effort to Free Ross: Looking at "the End of the Road”

The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates. Among the people most passionate in their belief that Ulbricht has […]

Google Play Store Removes Mining Apps from Offerings

Google just nixed any app that mines cryptocurrencies from its Play Store. With a recent update to the store’s policies, the tech monolith rewrote its stance on cryptocurrency apps. We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency. As the latter half of the policy […]

Litecoin (LTC) Technical Analysis: Litecoin Accumulates As Bulls Aim At $110

Regardless, Charlie Lee Bitcoin shill and consequence resurgence isn’t affecting Litecoin (LTC) in any way. Yes, there were occasions-for example July 24 bull candlestick that solidified our expectations. However, the fact that Litecoin (LTC) bull trails are going cold, it’s better to wait on the sidelines until after we see convincing gains above $90 in […]

Canadian Police Seize $1.8 Million in Bitcoin From Alleged Silk Road Drug Dealer

The Canadian province of British Columbia is seeking to set a precedent in cryptocurrency-related law enforcement by laying claim to $1.8 million worth of bitcoin, which it seized from a convicted drug dealer who allegedly operated under the pseudonym “ MarijuanaIsMyMuse” on the infamous dark web platform Silk Road. The Vancouver Star reports that the […]

Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC

The United States Securities and Exchange Commission (SEC) has rejected the Winklevosses’ latest attempt to list a bitcoin ETF. After having a proposal rejected last year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market’s BZX stock exchange with this latest attempt. But BZX’s June filing was curbed in […]

Crypto ETF Rejection Sends Bitcoin Price Below $8,000

Within hours that the SEC announced that it has rejected a proposed bitcoin ETF submitted by the Winklevoss Twins, the bitcoin price dipped below the $8,000 mark and is now currently teetering back and forth across that psychologically-significant level. CCN reported on the breaking ETF announcement earlier today. About the ETF The announcement comes after the […]