CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions

News Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen. “Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. ..

Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence

Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386M) for breaching anti-money laundering regulations on a large scale. Around $5.8 billion had been funneled between suspected accounts in Swedbank and Danske Bank in t..

U.S. Crypto ATM Network Helps to Promote Social Distancing

News Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19. As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high t..

FBI Arrests Russian Rapper For Crypto Money Laundering, Cites Damning Instagram

News United States authorities have arrested a Russian national under allegations of money laundering — using his Instagram that promoted his rap career as evidence against him. Per court filings unsealed on March 30, an FBI investigator alleged that Maksim Boiko laundered money using cryptocurren..

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Price Analysis The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it ..

Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

News Africa’s largest country has welcomed its first Bitcoin ATM. Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria. “Despite all the legal uncertainties about cryptocurrencies in Nigeria, Niger..

Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years

The Microsoft subsidiary, Github recently revealed the “Archive Program,” an initiative that aims to preserve open source technologies for 1,000 years. The newly launched effort plans to store snapshots of open source technology 250 meters underground on the Norwegian island of Svalbard. The source ..

A Crypto Venture Fund Bought the Most Tokens at MakerDAO’s Debt Auction

News The company had previously pledged to join a “backstop syndicate” and cover the entire system shortfall if necessary. Acting as a so-called “backstop,” the group would act as the buyer of last resort by purchasing the MKR tokens if their price fell to $100. (The auction’s starting price was $..

XRP Falls Behind Bitcoin SV, Dogecoin in Active Addresses

Evidence suggesting a change in investor behavior continues to grow as XRP and a handful of other projects see serious declines in crypto wallet addresses over the past 4 weeks. XRP Investors Hodling or Losing Interest? Analyst CryptoRand has posted a chart showing the number of dynamic addresses ha..