-Bitcoin news, price, information & analysis
This week, prominent U.S.-based crypto exchange Gemini revealed it had become the first-ever cryptocurrency exchange and custodian to successfully complete a System and Organization Controls (SOC 2) for Service Organizations Type 1 examination. The SOC 2 examination was conducted by “Big Four” auditor Deloitte & Touche LLP, and...
Charlie Shrem’s lawyer has responded to the Winklevoss allegations that he stole 5,000 BTC from the pair in 2012. The early Bitcoin adopter refutes the claims saying he cannot have taken the Bitcoin because it never belonged to the Gemini exchange founders to begin with. Shrem’s Lawyer: Charlie...
The founders of the Gemini digital asset exchange platform have accused their former business partner of not returning Bitcoin they had instructed him to buy on their behalf in 2012. The Winklevoss twins allege that Charlie Shrem owes them a massive 5,000 BTC. Charlie’s Lavish Lifestyle Prompted Legal...
The U.S. Securities and Exchange Commission (SEC) has suspended trading in two Bitcoin and Ethereum investment products until September amid confusion over their nature. Bitcoin Tracker One and Ether Tracker One are characterized by broker-dealers as exchange-traded funds (ETFs), which legally mean listed funds that track a basket of assets....
Four major cryptocurrency exchanges are teaming up to develop a self-regulatory organization (SRO). It’s aiming to work cohesively in order to develop rules, regulations, and to set new regulatory standards for the cryptocurrency and blockchain industry. News of the potential SRO comes several months after the idea was...
It is clear that the U.S. Securities Exchange Commission (SEC) is conflicted as to whether or not they should approve or deny the variety of Bitcoin ETFs in the running for approval. Many investors are looking towards the CBOE VanEck/SolidX Bitcoin ETF as the most likely ETF to...
Cameron and Tyler Winklevoss are working relentlessly to grow their cryptocurrency exchange Gemini despite the U.S. Securities and Exchange Commission’s (SEC) decision to reject their proposed Bitcoin ETF for the second time in late July. The brothers have taken a few hits in 2018 so far, including dwindling...
Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown...
As reported by NewsBTC on Thursday, the U.S. SEC rejected a revised proposal for a Bitcoin ETF backed by the Winklevoss Twins. The market immediately took a dive, with Bitcoin and a majority of altcoins posting 4-5% losses on the day. The rapid move downwards led some to ask...
Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold. The decision, which was first reported by CNBC, stems from a publicly released document that explains their decision to deny...
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