Crypto Tidbits: Bitcoin Stolen From Electrum Users, Litecoin Sponsors UFC

While the holiday spirit was in full swing over the past week, the crypto industry maintained its unrelenting drive for growth and adoption. The Litecoin Foundation divulged a sponsorship with the UFC, while Bitcoin’s Lightning Network continued to swell. However, it hasn’t been all sunshine and rainbows, as the Electrum Wallet came under attack, while […]

The Cost of Not Engaging Regulators

Zachary Fallon and James Blakemore are securities law attorneys who lead Ketsal Consulting, a strategic advisory firm focused on blockchain compliance. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  If the top cryptocurrency story of 2018 was the arrival of winter, a close and inextricably intertwined second was regulatory oversight. The regulators are in […]

India May Legalize Bitcoin Under “Strong” Rules

India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. This revelation comes just a few months after a government panel suggested the […]

Cryptocurrency Markets Take A Downturn Days After Christmas

Christmas came late for the bears, but Santa didn’t fail to deliver. Nearly all of the top cryptocurrencies stumbled by multiple percentage points, everything from Bitcoin down to Zcash. Unsurprising, demand for stablecoins rose and they were trading at a slight premium. Bitcoin Loses Over 4% Over 24 Hours When the Bitcoin price is as […]

Crypto Markets Trade Flat as Equities Markets Drop Following Yesterday’s Pump

Following the recent period of volatility in the cryptocurrency markets, Bitcoin has found support around $3,800, and has led the overall cryptocurrency markets to trade sideways. The crypto market’s stability over the past couple of days comes amidst major volatility in the traditional equities markets. At the time of writing, Bitcoin is trading up marginally at […]

Black Christmas as Brazilian Bitcoin Exchange Loses Founder in a Car Crash

Luís Augusto Schiavon Ramos, known as Guto Schiavon, the founder of one of Brazil’s largest bitcoin exchanges, was killed in a car accident in Sao Paulo. A report by local Brazilian news outlet revealed that the accident happened after Schiavon lost control of his vehicle in the rain, before hitting a cargo truck. Prior to […]