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California Judge Orders Accused Hacker to Pay Bail in Crypto

A man has been ordered to pay bail in cryptocurrency while he faces charges of hacking the computer network of a San Francisco game company.

gavel, bitcoin, handcuffs

Markets

Bitcoin Price Hits 7-Month High Against Turkish Lira

Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.

Turkish lira

Markets

Tezos ICO Class Action Looms After Motion to Dismiss Denied

A motion to dismiss a class action lawsuit against Tezos' $232 million ICO was denied on Tuesday by a U.S. judge.

Gavel

Markets

Ohio Becomes Latest US State to Legally Recognize Blockchain Data

The U.S. state of Ohio has joined Arizona in legally recognizing data stored and transacted on blockchain.

ohio flag

Markets

West Virginia to Offer Blockchain Voting Statewide in Midterm Elections

After a pilot conducted in May, West Virginia is expanding use of a blockchain voting app to all 55 of the state's counties.

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Markets

Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.

prison cell

Markets

KPMG: Blockchain Funding in US This Year Has Already Surpassed 2017's Total

Investment in the blockchain industry is booming in the U.S., according to a new report from "Big Four" auditing firm KPMG.

KPMG Building. Credit: Shutterstock

Markets

The SEC's Hester Peirce Isn't a Bitcoin Champion, Just a Regulatory Realist

Regulators like the SEC shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.

(YouTube screenshot)

Markets

Another US County Hits Pause on Crypto Mining Power Requests

Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

Washington electric cables

Markets

A Blueprint for Reforming the Crypto Token Market

The Token Alliance, a Chamber of Digital Commerce initiative, has laid out guidelines for how token sponsors and regulators can meet in the middle.

blueprint