Motion to dismiss an AT&T lawsuit concerning an alleged $24 million SIM-swapping hack has been rejected.
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The Block
Judge rejects motion to dismiss AT&T lawsuit concerning $24m SIM-swapping hack
AT&T Mobility will need to answer to a lawsuit filed by a cryptocurrency investor who lost millions in a SIM-swapping hack. A Los Angeles federal judge rejected the motion to dismiss the lawsuit against the telecoms giant on Monday, according to a press release.…
The New York State Department of Financial Services (NYDFS) is forming a dedicated division that will be engaged in the oversight of cryptocurrency businesses.
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CoinDesk
New NYDFS Division to Oversee Licensing for Cryptocurrency Startups
The Research and Innovation Division will include an in-house team that supervises cryptocurrencies.
📨 #DeCenterDaily
🗣 No Libra Association member has officially joined the project yet, according to the chairman and CEO of Visa.
via The Block
🇺🇸 The Senate Banking Committee will hold a hearing on cryptocurrency and blockchain regulation.
via CoinDesk
📱 Ethereum wallet MetaMask has released a public beta version of its mobile application.
via The Block
👛 Civic and BitGo have teamed up to develop a new wallet for crypto and identity data storage.
via Cointelegraph
🇳🇴 Norwegian Air is set to start accepting Bitcoin and open its own cryptocurrency exchange.
via Decrypt
🗣 No Libra Association member has officially joined the project yet, according to the chairman and CEO of Visa.
via The Block
🇺🇸 The Senate Banking Committee will hold a hearing on cryptocurrency and blockchain regulation.
via CoinDesk
📱 Ethereum wallet MetaMask has released a public beta version of its mobile application.
via The Block
👛 Civic and BitGo have teamed up to develop a new wallet for crypto and identity data storage.
via Cointelegraph
🇳🇴 Norwegian Air is set to start accepting Bitcoin and open its own cryptocurrency exchange.
via Decrypt
The New York Times intends to utilize IBM’s blockchain technology to combat the dissemination of fake news.
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NY Times
Introducing the News Provenance Project
The Times’s Research & Development team is exploring ways to make the origins of journalistic content clearer to news audiences.
“South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival.”
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Cointelegraph
South Korean President Stresses Regulatory Innovation for Blockchain
Regulatory innovation is no longer a matter of choice, it is a matter of survival, South Korea’s President Moon Jae-In said
📨 #DeCenterDaily
📱 Telecommunications giant Verizon is seemingly preparing to launch a new blockchain project.
via The Block
⚡️A Super PAC backing one of the U.S. presidential candidates will be accepting Bitcoin donations through the Lightning Network.
via CoinDesk
📈 Ripple has sold over $250 million worth of XRP in the second quarter of 2019.
via Cointelegraph
🔓 Cryptocurrency loans firm YouHodler has suffered a massive breach of user data.
via ccn
💵 Crypto e-commerce platform Lolli plans to implement a lending feature.
via The Block
📱 Telecommunications giant Verizon is seemingly preparing to launch a new blockchain project.
via The Block
⚡️A Super PAC backing one of the U.S. presidential candidates will be accepting Bitcoin donations through the Lightning Network.
via CoinDesk
📈 Ripple has sold over $250 million worth of XRP in the second quarter of 2019.
via Cointelegraph
🔓 Cryptocurrency loans firm YouHodler has suffered a massive breach of user data.
via ccn
💵 Crypto e-commerce platform Lolli plans to implement a lending feature.
via The Block
McAfee has been released!
More info: https://cointelegraph.com/news/john-mcafee-reportedly-released-following-detainment-in-the-dominican-republic
More info: https://cointelegraph.com/news/john-mcafee-reportedly-released-following-detainment-in-the-dominican-republic
The New Jersey Attorney’s Office has charged a resident of the state with running an unregistered money transmitting business.
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CoinDesk
New Jersey Man Indicted Over Unlicensed Bitcoin Exchange
A resident of New Jersey has been charged with running an unlicensed bitcoin exchange service called Destination Bitcoin.
📨 #DeCenterDaily
👮 The U.S. Attorney’s Office of the Southern District of New York has charged an executive of cryptocurrency escrow service for an alleged Bitcoin fraud.
via The Block
🇺🇸 Digital asset investment application Abra will restrict its services to U.S. customers over regulatory issues.
via CoinDesk
🇨🇳 The chief executive officer of Huawei believes that China can compete with Facebook by issuing its own digital currency.
via Cointelegraph
🇯🇵 Japanese financial services giant Monex has applied to join Libra Association.
via The Block
🇸🇪 Swedish cryptocurrency exchange QuickBit has suffered a massive breach of user data.
via ccn
👮 The U.S. Attorney’s Office of the Southern District of New York has charged an executive of cryptocurrency escrow service for an alleged Bitcoin fraud.
via The Block
🇺🇸 Digital asset investment application Abra will restrict its services to U.S. customers over regulatory issues.
via CoinDesk
🇨🇳 The chief executive officer of Huawei believes that China can compete with Facebook by issuing its own digital currency.
via Cointelegraph
🇯🇵 Japanese financial services giant Monex has applied to join Libra Association.
via The Block
🇸🇪 Swedish cryptocurrency exchange QuickBit has suffered a massive breach of user data.
via ccn
Bill Miller’s hedge fund has delivered a 46-percent return in the first half of this year due to Bitcoin price rally.
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“SIM swaps, default judgments, and international Satoshi depositions—such law, much crypto! This week, we look at a high-profile crypto case involving SIM swapping and a $24 million crypto loss, a default judgment involving Bitcoin where the plaintiff’s damages benefitted by a number go up market, and international deposition intrigue in the ongoing Kleiman v. Wright litigation.”
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#CryptoCaselawMinute
Read Now »
#CryptoCaselawMinute
Medium
Crypto Caselaw Minute #46–7/25/19
Sim swaps, default judgments, and international satoshi depositions — such law, much crypto! This week we look at a high profile crypto…
📨 #DeCenterDaily
🇺🇸 The Financial Industry Regulatory Authority (FINRA) has granted an underwriter license to Galaxy Digital’s broker-dealer arm.
via The Block
🇨🇭 Cryptocurrency-oriented finance application Aximetria has won a license from a Swiss regulator.
via CoinDesk
🇮🇷 The Iranian government has recognized cryptocurrency mining an industrial activity.
via Cointelegraph
✉️ Ripple CEO and executive chairman have posted an open letter to the U.S. Congress.
via ccn
🕹 The U.S. Securities and Exchange Commission has allowed a gaming startup to sell tokens without registering them as securities.
via Modern Consensus
🇺🇸 The Financial Industry Regulatory Authority (FINRA) has granted an underwriter license to Galaxy Digital’s broker-dealer arm.
via The Block
🇨🇭 Cryptocurrency-oriented finance application Aximetria has won a license from a Swiss regulator.
via CoinDesk
🇮🇷 The Iranian government has recognized cryptocurrency mining an industrial activity.
via Cointelegraph
✉️ Ripple CEO and executive chairman have posted an open letter to the U.S. Congress.
via ccn
🕹 The U.S. Securities and Exchange Commission has allowed a gaming startup to sell tokens without registering them as securities.
via Modern Consensus
Four cryptocurrency exchanges in South Korea—Bithumb, Upbit, Coinone, and Korbit—are reportedly facing stricter requirements from banks in the country for renewal of their accounts.
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The Block
Report: 4 Korean crypto exchanges facing stricter norms from banks post FATF guidelines - The Block
Four cryptocurrency exchanges in South Korea – Bithumb, Upbit, Coinone and Korbit – are reportedly facing stricter requirements for renewal of their accounts from banks in the country. Local news outlet The BChain reported the news on Monday, saying that…
📨 #DeCenterDaily
❓ Social media giant Facebook has warned investors that its Libra project may never launch due to regulatory concerns.
via CNBC
✅ Blockchain.com has launched its own cryptocurrency exchange.
via The Block
🇺🇸 The U.S. Department of Defense is exploring the blockchain technology for secure communication.
via Cointelegraph
🇪🇺 Japan-based cryptocurrency exchange bitFlyer has launched an easy-to-use service for buying and selling Bitcoin, targeting the E.U. market.
via CoinDesk
💵 Tether (USDT) has launched on Blockstream’s Liquid.
via Decrypt
❓ Social media giant Facebook has warned investors that its Libra project may never launch due to regulatory concerns.
via CNBC
✅ Blockchain.com has launched its own cryptocurrency exchange.
via The Block
🇺🇸 The U.S. Department of Defense is exploring the blockchain technology for secure communication.
via Cointelegraph
🇪🇺 Japan-based cryptocurrency exchange bitFlyer has launched an easy-to-use service for buying and selling Bitcoin, targeting the E.U. market.
via CoinDesk
💵 Tether (USDT) has launched on Blockstream’s Liquid.
via Decrypt
Chinese importers in Russia are buying up to $30 million a day of Tether (USDT) from Moscow’s over-the-counter trading desks.
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Coindesk
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
Japan-based e-commerce giant Rakuten and messaging giant LINE Group have been awarded virtual banking licenses in Taiwan.
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The Block
Rakuten, LINE Group get virtual banking licenses in Taiwan
Taiwan has issued its first virtual banking licenses to three firms, including subsidiaries of Japanese e-commerce giant Rakuten and the country’s messaging giant LINE Group. Specifically, the licenses have been awarded to LINE Financial Taiwan, Rakuten International…