Major crypto exchange Kraken has issued a scathing response to a recent Bloomberg article about stable cryptocurrency Tether (USDT) allegedly “defying logic” on Kraken’s platform. The article in question, titled “Crypto coin Tether defies logic on Kraken’s market, raising red flags,” was published on Bloomberg June 29, with comments and analysis from several academics and Andrew Rennhack, a former professional poker player. Its authors allege that the price of Tether might be manipulated on Kraken, citing “oddly specific order sizes” and the fact that “huge trades move prices about the same as small ones.” According to Bloomberg, the trades that …

EOS block producers (BPs) have reportedly received an emergency order to refuse to process transactions for 27 accounts, according to a tweet posted yesterday, June 22. The authorities in EOS just instructed the block producers to censor transactions from 27 accounts with no reasons given. “the logic and reasoning for this order will be posted at a later date" ggwp 😂$EOS pic.twitter.com/60yRPqCAvh — Ferdous ฿hai (@ferdousbhai) June 22, 2018 Twitter user @ferdousbhai, who tweeted the screenshot of the alleged EOS Core Arbitration Forum (ECAF) order, wrote in the comments that he obtained the image from a private Telegram group for …

Financial services provider Square has received a BitLicense from the New York Department of Financial Services (NYDFS), according to a press release published today, June 18. As a result, Bitcoin (BTC) trading is now available to New York users of Square’s Cash App, according to Cash App’s Twitter. Cash App released a Bitcoin option at the end of January to almost all of its users, originally excluding those in New York, Georgia, and Hawaii. With Square’s Point of Sale (PoS) network, adding a Bitcoin option means that merchants using Square could potentially accept Bitcoin as a form of payment. The …

Cryptocurrency trading platform Bitfinex has recently distributed a letter to certain users, saying that they are required to disclose their tax information, which the exchange may share with the government, according to a statement from the exchange on Twitter May 17. We have not sent this message to all users. We have deliberately targeted users that we believe have an obligation to self-disclose. If a user has _not_ received a message from us, she need _not_ self-certify anything to us at this time. — Bitfinex (@bitfinex) May 17, 2018 The exchange, which is registered in the British Virgin Islands (BVI), …

The official Twitter account of Vertcoin, a peer-to-peer digital currency and software project, was compromised earlier today in an attempt to carry out a Bitcoin (BTC) scam. On May 1, the Vertcoin Twitter account posted an announcement of a cryptocurrency giveaway in celebration of Vertcoin’s success. The tweet promised to transfer 10 BTC to the winner, which would be announced on May 3. To enter the giveaway, the fraudsters asked users to send 0.005 BTC to an address they cited in the post: Hey, everyone! Vertcoin and staff are pleased to announce that we’re doing a 10 BTC giveaway to …

The founder and CEO of Telegram and its TON Initial Coin Offering (ICO) Pavel Durov tweeted a warning on Saturday, Apr 28, telling his followers that the messaging app is experiencing downtime due to its server clusters overheating. Durov’s tweet drew the attention of fake crypto giveaway scammers who have claimed, posing as Telegram’s CEO, to offer crypto to users as a “thank you for [their] support.” According to a report by Cointelegraph’s partner BlockShow Sunday, Apr 29, Durov is not giving away any crypto and users are advised against interacting in any way with the scammers. The scammers have …

Ian Balina, a cryptocurrency investor and advisor, was reportedly hacked for more than $2 mln in crypto while doing a live stream on his YouTube channel Sunday, April 15, that he advertised as “Hacking the System.” ICO Review Live Stream - April 15, 2018 https://t.co/M77FDe40OA pic.twitter.com/6o29bR9216 — Ian Balina (@DiaryofaMadeMan) April 16, 2018 Watching the live stream of Balina’s Initial Coin Offering (ICO) review, viewers can see the point where Balina was unexpectedly logged out of his Google Spreadsheets, which is most likely the moment when the hack would have taken place: After the live stream ended earlier than planned, …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Possible recovery in the works Most major equity markets moved into recovery mode last week with gains above 1.0%, following selloffs in the previous week. Global trading was quiet as the week came to a close given that many markets were closed for the Easter Holiday on Friday, and some …

March 30: the crypto markets have taken a large hit this week, with Bitcoin (BTC) dipping below $7,000, Ethereum (ETH) below $400, and total market cap around $269 bln, according to data from Coin360. BTC is currently trading at around $7,066, down a little more than 5 percent over a 24 hour period. Although BTC is now back over the $7,000 threshold, it is still down around 65 percent since its December high of $20,000. ETH is currently trading around $400, alternating between going above and below the psychological threshold. Overall, it is down around 3 percent over a 24 …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: fear and uncertainty returns Stocks took a beating across the globe last week with the U.S. market getting hit the hardest. The S&P 500 Index dropped by 5.95%, its largest weekly loss in over two years. A culmination of factors seems to have spooked investors, all within the larger context …

OmiseGo, the e-wallet platform created by Omise, is set to launch its Airdrop in the last quarter of 2017. Omise released an announcement for an automatic airdrop of tokens beginning on Monday, Sept. 4. OmiseGo Airdop excitement opened up phishing opportunity The Airdrop is said to take a week before it finishes, or may take a little more time depending on the Ethereum status and bulk of traffic. A 0.1 minimum threshold is set to be received by individuals, the said threshold can be more, however, and shall be proportionate to their Ethereum shares. The official statement from OmiseGo verified …

In the wake of the Charlottesville attack, one Twitter Bot is taking matters of tracking down the neo-Nazis into its own hands. The bot, simply called ‘Neonazi BTC Tracker’ is publishing a tweet each time a Bitcoin transaction is posted to the wallets owned by known Neo Nazis. The tweets include every transaction posted to the wallets, as well as detailed reports of each wallet balance. For example: New payment: 0.01488 BTC ($69.18)https://t.co/hRgMVHGpdo Total of Dailystormer BTC wallets: 18.13370749 BTC ($84,303.54) — Neonazi BTC Tracker (@NeonaziWallets) August 30, 2017 The wallet referenced above has approximately $80,000 consistently, regardless of the …