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Readers Dessert July 15, 2019
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Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

Readers Dessert July 15, 2019
After announcing a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it’s discovered that another $2.3 million is missing. A report from Japan Today on Monday said the extra losses were discovered…
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Readers Dessert July 15, 2019
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US May Bar Large Tech Firms From Issuing Cryptocurrencies

Readers Dessert July 15, 2019
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies. According to a report from Reuters on Monday and a copy…
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Readers Dessert July 15, 2019
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What Trump’s Bitcoin Tweet Changes

Readers Dessert July 15, 2019
Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that this…
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Readers Dessert July 15, 2019
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Below $10K: Bitcoin Price Drops $1.4K in 24 Hours to Hit 2-Week Low

Readers Dessert July 15, 2019
The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1400 sell-off, denying the bulls a chance to revisit 2019 highs. At 09:00 UTC on July 14, BTC began…
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Readers Dessert July 14, 2019
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Police Bust Chinese Bitcoin Mining Farm After Surge in Power Usage

Readers Dessert July 14, 2019
Police in eastern China busted a bitcoin mining operation following a surge in local electricity usage, according to a wire report from Agence France-Press. The police, who confiscated 4,000 “mining devices,” allege…
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Readers Dessert July 13, 2019
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Bitcoin Unaffected as Markets Shrug Off Trump’s Critical Tweets

Readers Dessert July 13, 2019
Donald J. Trump has just tweeted his disapproval for cryptocurrency. On Thursday evening, the US president stated in a tweet that unregulated crypto assets possess the ability to facilitate unlawful behavior, so…
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Readers Dessert July 12, 2019
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Facebook Is Seeking an Economics Researcher for Its Calibra Wallet

Readers Dessert July 12, 2019
Facebook is continuing to grow the team for its Libra cryptocurrency project with the hiring of a new economics researcher. The social media giant currently has almost 40 posts open for roles…
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Readers Dessert July 12, 2019
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Crypto Prediction Market and Derivatives Platform Veil Is Closing

Readers Dessert July 12, 2019
Veil, the crypto-focused prediction market and derivatives platform, is closing its doors. Launched in January, the Veil web interface allowed users to place bets on Augur prediction markets, offering an instant settlement…
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Readers Dessert July 12, 2019
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CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction

Readers Dessert July 12, 2019
Jon Montrol, the operator of defunct bitcoin-denominated trading platform BitFunder and WeExchange deposit service, was sentenced for securities fraud and obstruction of justice, according to a statement from the Southern District of…
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Readers Dessert July 12, 2019
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IRS Confirms It Trained Staff on Finding Crypto Wallets

Readers Dessert July 12, 2019
The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from…
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