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Why Cryptocurrency Investors Are Renouncing Their US Citizenship

Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency…

Feds Seize News Site Deepdotweb as Darknet Crackdown Intensifies

The FBI, working in conjunction with its European partners, has struck another blow against darknet markets (DNMs). On this occasion, it’s a particularly low blow, as news website Deepdotweb has become the latest victim of its interminable war on drugs. On May 7, both its…

Crypto Exchange Bittrex Denies Claim of North Korean Users on Its Platform

American cryptocurrency exchange Bittrex said that claims of North Korean users trading on its platform are false. American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22. In the post, Bittrex…

Major US Health IT Provider HMS Partners With Blockchain Startup Solve.Care

The new partnership between HMS and Solve.Care aims to reduce government healthcare costs and improve interoperability and accessibility. Major health information technology provider for the United States government, HMS Technologies Inc. (HMS) has partnered with blockchain startup Solve.Care. The development was announced in a press…

94% of Surveyed Endowment Funds are Allocating to Crypto Investments: Study

94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey reveals. 94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey published on April 12 reveals. The study was conducted in Q4 2018 by trade publications Global…

Bloomberg: SEC Required Two ETF Funds to Take Blockchain Off Their Tickers

The U.S. SEC reportedly encouraged some funds to change their ETF descriptions. The United States Securities and Exchange Commission (SEC) reportedly required two funds to eliminate the word “blockchain” from their monikers, Bloomberg writes April 12, citing sources familiar with the matter. The exchange-traded funds…

Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC

The overall institutional investment in Bitcoin futures on the Chicago Mercantile Exchange decreased this past week, according to CFTC data. The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United…

US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking

U.S. federal jury convicted two alleged Romanian hackers of spreading malware to steal credit card credentials and illicitly mine cryptocurrency. A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the…

Coinbase Loses 3 Senior Executives in 6 Months as Dan Romero Quits Position

Dan Romero, who held various positions at Coinbase, is stepping down after five years. United States cryptocurrency exchange Coinbase has lost another senior executive as its head of international, Dan Romero, announced his resignation in a blog post on April 12. Romero, who worked for…

Libertarian Think Tank Criticizes US SEC’s Approach to Crypto and Blockchain

A fellow at a libertarian think tank has criticized the U.S. SEC for stretching regulations in an attempt to regulate cryptocurrencies. John Berlau, a senior fellow at libertarian think tank Competitive Enterprise Institute, criticized the United States Securities and Exchange Commission’s (SEC) approach to regulating…