Cryptsy hacked!!...???

Cryptsy alleges security breach and freezes trading and withdrawals

January 13th, 2016 By Steven Saxton

Troubling times and riled up masses are at cryptocurrency exchange, Cryptsy.com. The angry customers are circling, and it only takes a moment to see why! As of 9 pm MST on 1/12/2016, according to JShock (Cryptsy Admin) all withdrawals have been frozen. This was followed up with a series of notices by NerdLifeLabs (Crptsy moderator) … Continue reading Cryptsy alleges security breach and freezes trading and withdrawals

Compliance Expert

Justice Department hires expert counsel to evaluate company compliance programs

November 5th, 2015 By [email protected]

This week, the U.S. Department of Justice (DOJ) announced the hiring of Hui Chen as a “full-time compliance expert”. In this role, Ms. Chen will be tasked with assessing the compliance programs of companies under DOJ investigation. This information will aid prosecutors weighing criminal charges of companies and individuals, including any remedial compliance measures. As … Continue reading Justice Department hires expert counsel to evaluate company compliance programs

Compliance

FinCEN releases SAR Stats. MSB results are not flattering.

October 29th, 2015 By [email protected]

Earlier this month, FinCEN released the latest edition of its SAR Stats publication, a compilation of quantitative and qualitative data gathered from SAR filings. The (overly and conspicuously) comprehensive 44-page report contained detailed analysis of SAR narratives, emerging trends among SAR filings, and highlights from within each of the financial sectors, including MSBs. Often overlooked, … Continue reading FinCEN releases SAR Stats. MSB results are not flattering.

AO

Recent CFTC Ruling Challenges Bitcoin And Digital Finance …

September 24th, 2015 By [email protected]

Since its inception, digital currencies like Bitcoin and digital finance have troubled governments and regulators across the globe. Some countries have chosen to classify these digital assets as legally recognized currencies because of their use by consumers, while other nations have chosen treat them as an illicit tool and banned their use outright. The United … Continue reading Recent CFTC Ruling Challenges Bitcoin And Digital Finance …

EtherX

Ethereum Labs Announces Launch Of “EtherX” A Multi-Currency Wallet With Integrated Exchange Featuring “EthereumCard”

September 19th, 2015 By [email protected]

Ethereum Labs announces the launch of much anticipated “EtherX” platform and the release of brand new multi-currency wallet with integrated exchange featuring ‘EthereumCard” and many other various white label derivatives… Ethereum Labs Ethereum Labs is a research and development organization, incubating disruptive ideas, leveraging the Ethereum Blockchain Stack, developing decentralized applications, organizations and smart contracts. … Continue reading Ethereum Labs Announces Launch Of “EtherX” A Multi-Currency Wallet With Integrated Exchange Featuring “EthereumCard”

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Canada eCoin [CDN] Is Emerging With A Resurgence In Development And A Community Takeover…

September 14th, 2015 By [email protected]

Originally Launched in March of 2014 Canada eCoin [CDN] is a scrypt algorithm digital currency with merge mine-able support that over the course of the last year has seen it’s share of challenges within the cryptocurrency ecosystem. The original developers seem to have all but given up on the project over the course of the … Continue reading Canada eCoin [CDN] Is Emerging With A Resurgence In Development And A Community Takeover…

Pittsburgh Event Photography

Pittsburgh’s Financial Failure

September 11th, 2015 By [email protected]

Twenty one cities in Pennsylvania, including Pittsburgh, have faced the threat of bankruptcy for several years. A subcommittee report in late 2013 suggested several means of mitigating this problem’s causes, including acceptance of digital currency to make payment of taxes and fines more convenient. City officials declined to comply with this suggestion, however, alleging that … Continue reading Pittsburgh’s Financial Failure

Bitcoin Could Have Stopped Oppenheim’s Fraud

September 11th, 2015 By [email protected]

As the recent indictment of Michael Oppenheim clearly shows, the traditional financial system is rife with abuse. On the rare occasions that I unexpectedly find someone in my area that has already heard of Bitcoin, however, they invariably associate it with the black market, and lack familiarity with applications outside its use for maintaining anonymity. … Continue reading Bitcoin Could Have Stopped Oppenheim’s Fraud

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