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Author Archives: Top News Editor

New Jersey Issues Cease-and-Desist To Bitcoiin ICO

New Jersey has issued a cease-and-desist order to an initial coin offering (ICO) by cryptocurrency investment company Bitcoiin. In an order issued on Wednesday, the New Jersey Bureau of Securities alleged that Bitcoiin is selling unregistered securities to investors of ...

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U.S. Weekly Jobless Claims Rebound From 48-Year Low

A day ahead of the release of the more closely watched monthly jobs, the Labor Department released a report on Thursday showing a bigger than expected rebound in first-time claims for U.S. unemployment benefits in the week ended March 3rd. ...

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Widespread Crackdown On Japan’s Crypto Exchanges

Japan’s financial regulator has made a widespread crackdown on the country’s cryptocurrency exchanges to step up consumer protection in the wake of $530 million theft of digital money from Tokyo-based Coincheck. The Financial Services Agency (FSA) on Thursday ordered seven ...

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ECB Drops Easing Bias, Inching Closer To Stimulus Exit

The European Central Bank moved closer to exiting its massive monetary stimulus as it dropped the easing bias on asset purchases from its forward guidance, as sought by some policymakers in previous sessions, while leaving the key interest rates unchanged. ...

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2 Cryptocurrency Billionaires In Forbes Richest List

Forbes Magazine has featured two crypto-currency billionaires for the first time in its list of the world’s richest. Chris Larsen, the richest man in crypto, and Changpeng Zhao, the owner of the crypto exchange Binance, have found place among 259 ...

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Cryptocurrency Daily Roundup – Mar. 8

Cryptocurrency prices fell as sentiment was hurt by news that the US Securities and Exchange Commission asked exchanges to register with the agency and on speculation that a popular Bitcoin exchange Binance was hacked. Meanwhile, the curiosity regarding Bitcoin peaked ...

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UK Company Linked To Stolen Bitcoins From Mt Gox

Nearly half of the stolen coins from the Japanese cryptocurrency exchange Mt. Gox ended up with one of its rivals based in the UK, BBC reported. The now-defunct cryptocurrency exchange BTC-e, which was run by the London-based Always Efficient LLP, ...

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China’s Exports Surge In February

China’s exports increased sharply in February ahead of the Trump administration imposing tariffs on steel and aluminum imports, raising fears of a trade war. Data from the General Administration of Customs showed that exports jumped 44.5 percent year-over-year in February, ...

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