Tether’s New Bank Has Been Named in Two Global Bribery Cases (Breaker) Another day, another “Tether has a problem” story. This time, it has to do with the stablecoin’s new bank, Deltec. Some bribe money that was paid to a Venezuelan government official ended up there (and at another Bahamian bank, Ansbacher), according to an investigation. “Neither bank has been accused of complicity in the bribery or other corruption. However, the findings highlight what may be systemic deficiencies in Bahamian banking regulation. The Bahamas was recently added to the list of nations with deficient anti-money laundering practices maintained by the Financial Action Task Force, an international initiative anti-money laundering initiative,” writes Breaker’s David…
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Does the White House Prefer XRP to BTC?
China’s control over Bitcoin network said to make Trump Admin uneasy
The battle for dominance in the digital asset space just went big. And now it looks like it’ll include political might, too. According to a story in Forbes Tuesday, “Many in the bitcoin and cryptocurrency industry have expressed concern about how much control [mining concentration] gives China over bitcoin, with the Beijing-based Bitmain Technologies mining more than half the world’s bitcoins.” American crypto companies have noticed, as well. In a recent interview in Breaker, Ripple’s Chief Market Strategist Cory Johnson stated that the Trump administration was doing its “homework” regarding China’s dominance over Bitcoin, and more specifically, the mining operations that provide the necessary security for Bitcoin’s blockchain. In recent years China has become…
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Must-reads for September 17, 2018: Tracking people through crypto, gold bashing, Goldman Sachs, and bragging wrongs
Here are the crypto stories you should be watching today
How bitcoin helped track down suspects in the Russia investigation (Vice) By now we know that with just a little bit of data, you can get a whole lot of info on someone through Bitcoin’s blockchain. This Vice video shows one of the ways Robert Mueller’s team did it. Goldman Sachs, Morgan Stanley, Citigroup and NYSE Owner Prepare to Back Bitcoin and Cryptocurrency (Daily HODL) Nothing profound here but just a quick roundup of what some of the larger institutions are doing Bitcoin-related on Wall Street. Bitcoin in Switzerland (CoinTelegraph) A fun 10-minute video of how into bitcoin the Swiss are. Well, at least some of them. Anyway,…
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Must-reads for August 31, 2018 (Labor Day Weekend): Ethereum futures, missing petros, useless bitcoins, Walmart robots, and more
Here are the crypto stories you should be watching today
Cboe, the exchange group behind the first market for bitcoin futures, is telling market makers that ether futures will soon be live (Business Insider) A source has told Business Insider that the CBOE, which launched the first U.S. regulated futures on bitcoin, is looking to launch an ether-based futures contract as soon as December. As of last week, the total open interest in the CBOE’s bitcoin contract equaled only 4,069 BTC, or a little more than $28 million. Special Report: In Venezuela, new cryptocurrency is nowhere to be found (Reuters) The Venezuelan government’s much-hyped oil-backed cryptocurrency known as the petro is tough to find. It’s not in exchanges and…
