Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

A Lawsuit Alleging Tether and Bitfinex Manipulated the Bitcoin Market Has Been Dropped - CoinDesk
A class-action that alleged Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs.
Kik Continues Legal Battle With SEC, Requests Trial Date Definition
New documents reveal Kik is pushing to set a trial date for its SEC lawsuit, which may be scheduled for some time in the second half of 2020
US Lawmakers Call on Communications Regulator to Tackle SIM-Swapping Crime - CoinDesk
Democrat lawmakers are demanding that the FCC takes action to tackle the rise in SIM swapping attacks.
US SEC Seeks $16 Million Penalty from Token Sales Platform Operator
The United States Securities Exchange Commission is seeking a default judgment and $16 million in penalties from token sale platform ICOBox
China Prepares for CBDC With Cryptography Law on Encryption Standards
On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean?
Dutch Derivatives Exchange Deribit to Move to Crypto-Friendly Panama - CoinDesk
Deribit will operate out of Panama starting Feb. 10, citing the Netherlands’ presumed adoption of “very strict” anti-money laundering (AML) regulations.
Illinois Legalizes Blockchain Contracts - CoinDesk
With the new year Illinois became the latest state to recognize smart contracts and other blockchain-based records as legal instruments.
Researcher’s Scathing Lightning Network Analysis Finds Flaws - Bitcoin News
Digital preservation researcher David Rosenthal published an overview of the Lightning Network (LN) and claims LN infrastructure isn’t decentralized.
Bitcoin Trading Volumes More than Doubled in a Week Says Report
A report published by crypto market research firm Arcane Research, Bitcoin trading volumes more than doubled in a week
TRON’s Justin Sun Teases Secret ‘Multibillion Benefits’ Project
TRON founder Justin Sun teased a new secret project which he claims will bring ‘multibillion benefits’ and 100 million new users to TRX.
Eastern Europe Sees More Fiat Options for Trading Crypto - Bitcoin News
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic
Japan Crypto Exchanges Face Imminent Margin Trading Limits: Report
According to sources quoted in local media, the country’s finance regulator wants to further shore up the exchange industry against crypto volatility