[mkdf_dropcaps type=”normal” color=”” background_color=””]B[/mkdf_dropcaps]itcoin’s price has been relatively uneventful today as we head into the weekend, where most price action is likely often comprised of bots and algorithms. Crypto in general was fairly uneventful today in comparison – but there were still some notable headlines. Here’s today’s action in the world of crypto:
Bitcoin Fraudsters Misled Investors, CFTC Alleges
Charges were filed against two individuals for attempted Bitcoin theft. The two individuals were supposedly impersonating CFTC authorities, with the intent to mislead crypto investors into paying Bitcoin as compensation for taxes that victims were stated to owe.
WSJ Investigation Alleges $88 Million Laundered Through 46 Crypto Exchanges
46 crypto exchanges were used to filter almost $90 million of potentially criminally associated funds. According to an investigation by the Wall Street Journal, over 2,500 wallet addresses were involved in the process.
EU Markets Regulator Extends Restrictions On Selling Crypto-Based Derivatives
The European Securities and Markets Authority released today that they intend to extend CFD (contracts for difference) restrictions. CFDs are buyer/seller signed contracts that pay the subsequent price difference depending on price action of the associated asset, according to time of contract. This restriction is stated to include crypto related assets/contracts. These restrictions were first initiated on august 1, and include leverage amount restrictions for crypto CFDs.
Coinbase Pedles New ‘Bundle’ Of Cryptocurrencies You’ve Never Heard Of
Coinbase announced yesterday its plans for several investor options tailored to those who are newer in the crypto space. Included is the option to buy a $25 “bundle” of various cryptocurrencies that are available on Coinbase.
World’s First Blockchain Identity Lab Launched Today In Edinburgh
Blockpass Identity Lab has been announced as the “first blockchain identity laboratory in the world”. Blockpass Identity Lab is a European research location for the study and growth of blockchain tech. They’ll delve into many aspects of blockchain tech, with hopes of also revolutionizing how private personal information can be protected.