On 9 November 2018, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had issued an Order filing and settling charges against crypto trader Joseph Kim, requiring him to pay a penalty of over $1.14 million for "a fraudulent Bitcoin and Litecoin scheme." Furthermore, Kim was given a 15 months sentence by the U.S. District Court for the Northern District of Illinois. Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since … Read Craig Wright reiterated that he is Satoshi Nakamoto, inventor of Bitcoin in a document sent to the US federal CFTC, the Commodity and Future Trade Commission.. The Australian entrepreneur, responding to a request for public information issued by the CFTC about the operation of the blockchain of Ethereum, did not hesitate to say that he worked at Bitcoin under the name of Satoshi Nakamoto as ... Discussion should relate to bitcoin trading. Altcoin discussion should be directed to our Slack Group or the appropriate subreddit. No memes or low effort content. Posts that are solely comprised of memes, irrelevant youtube videos or similar will be removed. No accusations of rule violations. Calling out other users for breaking our rules is not allowed. Instead, please report rule violations ... On Wednesday, the U.S. Commodity Futures Trading Committee’s (CFTC) Technical Advisory Committee (TAC) held a public meeting at its Washington, D.C., headquarters. During the meeting, members of the Bitcoin and cryptoasset industry shared information regarding this emerging market and offered guidance on how the CFTC may approach regulating the space in 2018. Binance is freezing withdrawals for a week—that means 188,000 Bitcoin are stuck on the platform—a move that could create an artificially restricted supply. You can’t withdraw bitcoin off the exchange, but Binance itself—and insiders—can. This could allow a privileged few to take advantage of price differentials on other exchanges.
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