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The sharp sell-off that gripped cryptocurrency markets on Wednesday has extended into a second day, with major digital assets across the spectrum continuing to fall during trading on Thursday.
The 12 Russian hackers indicted Friday by the special counsel Robert Mueller utilized bitcoin to facilitate their scheme, according to the indictment.
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, just made a big hire from the New York Stock Exchange.
In response to a request by the Organisation for Economic Co-operation and Development to reduce tax crime, the IRS formed the Joint Chiefs of Global Tax Enforcement (J5), a coalition between five countries aimed at investigating cryptocurrency crimes, including tax fraud and money laundering.
"If you look back a year ago at where we were, it really wasn't" on many venture capitalists' radars, Michael Jackson, a partner at the venture-capital firm Mangrove, told Business Insider.
Chris Concannon, the president of Cboe Global Markets, is one of Wall Street's biggest crypto advocates. But the trading veteran thinks investors should lay awake at night worrying about the uncertainty hanging over the market for initial coin offerings, the popular crypto crowdfunding method.
The Bank of International Settlements on Sunday said bitcoin is "a poor substitute for the solid institutional backing of money." But critics in the crypto world say they're missing the point, and that bitcoin and other cryptocurrencies are still in development and shouldn't be judged yet.
Square, the payments company started by Twitter CEO Jack Dorsey, officially came the ninth company to receive a "bitlicense" from New York State on Monday. Shares spiked when the company announced the news.
The Securities and Exchange Comission on Friday announced a long-awaited decision on wether Ethereum was a security. Much to the relief of many crypto enthusiasts, the agency's head of corporate finance said it is not a security.
Argo Blockchain said in a statement on Monday it hopes to raise £20 million in the listing and expects to be valued at around £40 million. Argo says it will be the first crypto-mining company to join London's stock market.