• Wallets offline Bitcoin.com warns scams
    Blockchain.com CEO Peter Smith has his hands full with a data center fire (Photo: IMF)
    Cryptocurrencies

    Wallets offline, Bitcoin.com warns of scams

    The leading digital wallet provider said a data center fire had made accounts inaccessible, and warned customers to be wary of phishing scammers posing as customer support

    March 9, 2021 /

    Telling customers to "rest assured that funds are secure and we’re working to restore access as soon as possible, the company added a warning: “Whilst we work to resolve this access issue please remain vigilant. @AskBlockchain is our ONLY Support Account. DO NOT accept help or assistance from any other account, this includes fake forms & website links.”­­­

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  • a16z promises FinCEN rule court challenge
    Did Treasury Secretary Steven Mnuchin drop a midnight rule or a Christmas rule on crypto? (Photo: Whitehouse.gov)
    Regulation

    Opposition to FinCEN crypto rule grows after a16z promises court challenge

    The industry plans to fight a proposed regulation requiring U.S. exchanges to collect personal data from private wallet-holders

    January 6, 2021 /

    Major United States-based crypto exchanges Coinbase and Kraken, Twitter founder Jack Dorsey’s fintech Square, and financial services giant Fidelity are among the firms that recently filed comments with the Treasury Department's Financial Crimes Enforcement Network strongly opposing the proposed new rules.

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