The US Treasury has officially included Bitcoin addresses associated with two Iranian residents on the individual sanctions list. It is reported by CoinDesk . According to representatives of the Financial Assets Control Department (OFAC), two Iranian residents, Ali Khorashadizadeh and Mohammad Gorbanian, have been added to the special black list of persons (Specially Designated Nationals List, SDN). At the same time, for the first time in history, Bitcoin addresses are assigned to identifying information, including physical addresses, postal and email addresses, as well as nicknames. According to representatives of the department, these residents of Iran are associated with transactions carried…
Author: BlockchainJournal
Tether announced that it renews verification of new users on its platform and opens up the possibility for customers to directly and “instantly transfer USDT to fiat currency in a 1: 1 ratio” through their own website. According to representatives of the issuer of the tokenized USDT dollar , since the launch of the company in 2014, the market requirements have changed significantly, and the unexpected increase in the number of cryptocurrency traders in the past year quickly transformed the original model, suggesting the possibility of converting USDT into a fiat currency on the project website, into an unstable one…
For nine months from the beginning of this year, the losses of the cryptobank Galaxy Digital Holdings headed by Mike Novograts totaled $ 136 million, reports Bloomberg . Net realized and unrealized losses of the company in the third quarter alone amounted to $ 41 million. According to representatives of Galaxy Digital, the losses are associated with unsuccessful investments in Bitcoin, Ethereum and XRP. Among other reasons for such negative financial results, companies note low trading volumes and increased competition for the possibility of arbitration. Also, according to statements, the current market value of digital assets minus short positions is…
The Center for the Development of the Information Technology Industry (CIID), part of the Ministry of Industry and Information Technology of China, has published an updated version of its cryptocurrency rating project – already the seventh in a row. The number of estimated projects was 33 and did not change from the previous release. This writes Bitcoin.com . EOS continues to occupy the first line, Ethereum – the second. Both projects retain their positions from June. It is noteworthy that Bitcoin, previously recognized by Chinese experts as the nineteenth best cryptocurrency, climbed to the thirteenth place. Bitcoin Cash , however,…
The popular stablecoin Tether (USDT) removed its promises to conduct a regular audit from the Frequently Asked Questions (FAQ) section. Previously, the FAQ often mentioned the question "Is Tether transparent"? (Tether is transparent?) Tether's answer to the question: Yes. The Tether platform is designed to be completely transparent at any time, and it is regularly tested. Each tether token is 100% currency supported. Evidence for the original wording can be found in the original documents on web.archive.org from June 28 of this year. However, the latest update seems to have deleted the text “it also regularly checks”, which…
On November 28, users of the Binance cryptocurrency exchange from Belarus received a letter stating that the platform would no longer provide services to them. For BlockchainJournal, Binance spokesman Gleb Kostarev confirmed the authenticity of the letter. “In connection with the latest updates of the Terms of Use (CI), we regret to inform you that we will no longer be able to provide you with our services in the future. If you have not read our PIs, we strongly recommend that you do this, ”says Binance. The UI Exchange states that Binance reserves the right to change the UI at…
One of the largest stock exchanges in the world, Nasdaq plans to implement its plan for listing Bitcoin futures , Bloomberg writes, citing two sources familiar with the situation. According to their information, the company expects to attract significant interest in its new product, despite the decline in the price of the first cryptocurrency . Sources also said that Nasdaq was working to eliminate doubts about the main regulator of the US swap markets – Commodity Futures Trading Commission (CFTC). The exchange operator, whose plans to launch Bitcoin futures became known last year, intends to open its new product for…
The US regulator hints that Bitcoin-ETF cannot be approved soon due to weak investor protection. Speaking at a conference in New York, Jay Clayton, head of the Securities and Exchange Commission, expressed concern that the cryptocurrency market is very vulnerable and there are too many acts of fraud, manipulation and cyber theft. Clayton stated the following: Investor expectations are that the commodity underlying ETF trading must be free from risk and manipulation. Unfortunately, such guarantees are absent in the cryptocurrency market. It is worth noting that the SEC rejected several applications for Bitcoin-ETF and postponed the final decision…
The Naberezhnye Chelny Investigation Committee opened a criminal case on the fact of illegal gambling activities in establishments operating under the Walcoin “Cloud Mining” signboard. In Naberezhnye Chelny, the investigative committee opened a criminal case on the fact of illegal gambling activities in establishments that operate under the Walcoin “Cloud Mining” sign. The investigation of the criminal case is under the control of the city prosecutor's office. – The Prosecutor's Office of the Republic of Tatarstan (@smiprokrt) November 27, 2018 During the preliminary investigation, law enforcement officers found out that a group of unidentified persons illegally organized the activity of…
Bitcoin's fear and greed index, where zero means Extreme Fear, and 100 means Extreme Greed, has reached its lowest level since the beginning of February 2018. Today it is 11, and last Sunday, November 25, after the BTC price dropped below $ 4,000 for the first time since the end of September 2017, this index showed the lowest value of 9 points. The developers of this tool assume that when the indicator drops too low, as we see today, it may mean that the market is too oversold and at this time the purchase is made to a greater degree.…