🗞 Daily Crypto News, January 28th 💰

in #bitcoin6 years ago (edited)

  • Coincheck To Refund All Customers Affected By Hack, Faced By Community Support;
  • Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors
  • Indians Expect Clarity on Bitcoin Taxes within Days ;
  • A Haven for Blockchain: The Case for Wyoming
  • CFTC Shuts Down Another Cryptocurrency-Related Scam
  • Weiss Cryptocurrency Ratings - Top Picks!
  • STEEM Trading Update by @cryptopassion

🗞 Coincheck To Refund All Customers Affected By Hack, Faced By Community Support

Japanese cryptocurrency exchange Coincheck has announced Saturday, Jan. 27, that it will issue full refunds to all of the 260,000 of its users who have become victims of the Friday NEM hack.

The Coincheck exchange has been hacked yesterday, Jan. 26, resulting in a massive loss of 523 mln NEM coins, worth approximately $534 mln at that time. During a press release following the hack it has been revealed by the exchange’s representatives that the funds were stored on a single-signature hot wallet, constituting a relatively low-security environment.

Read more & Source: https://cointelegraph.com/news/coincheck-to-refund-all-customers-affected-by-hack-faced-by-community-support

🗞 Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors

Reports surfaced Saturday night that Tether and their auditor, Friedman LLP, had dissolved their relationship. Due to the weekend, independent confirmation has not been received. Calls to Friedman LLP have gone to voicemail.

It does seem unusual for either company to take such an action without issuing a formal statement, particularly since this would create a firestorm. Many in the crypto community have had concerns about whether Tether truly maintains adequate reserves to redeem all the outstanding tether tokens. The company had hired Friedman LLP to conduct an audit in an effort to resolve the community’s concern.

Read more & Source: https://cointelegraph.com/news/somethings-fishy-tether-auditor-dissolve-relationship-according-to-rumors

🗞 Indians Expect Clarity on Bitcoin Taxes within Days

Under mounting pressure to make decisions and take steps to clarify cryptocurrency matters, the Indian government may soon shed some light on one of many unclear aspects – taxation. Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next week by the Finance Minister. Recent developments suggest that the status of bitcoin in India is likely to be determined, at least in terms of how much cream the government is willing to scoop out.

Read more & Source: https://news.bitcoin.com/indians-expect-clarity-on-bitcoin-taxes-within-days/

🗞 A Haven for Blockchain: The Case for Wyoming

Wyoming is stepping up to welcome the blockchain community with open arms.

A grassroots group, the Wyoming Blockchain Coalition, has garnered significant momentum to pass a package of legislation that would bring significant benefits to both the blockchain community and the State of Wyoming.

The package of blockchain bills, which will be introduced during the upcoming session in February, will build on two characteristics of Wyoming that make it particularly attractive to the blockchain industry: zero corporate income or franchise taxes, and strict privacy laws governing LLCs formed in the state.

Read more & Source: https://www.coindesk.com/haven-blockchain-case-wyoming/

🗞 CFTC Shuts Down Another Cryptocurrency-Related Scam

The CFTC has taken a very keen interest in cryptocurrency-related projects. The agency keeps a close eye on initial coin offerings, but they also target alleged scams. As a result of this aggressive stance, the CFTC filed federal court enforcement action against My Big Coin. The company raised over US$6 million from various investors, but the funds have allegedly been used for personal expenses and luxury goods.

Read more & Source: https://themerkle.com/cftc-shuts-down-another-cryptocurrency-related-scam/

🗞 Weiss Cryptocurrency Ratings - Top Picks!

B Ratings
Ethereum and EOS

B- Ratings
Steem, Cardano and NEO

C+
Ark, Bitcoin, GByte, Dash, Decred,Litecoin, NEM,

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/weiss-cryptocurrency-ratings-top-picks

STEEM Trading Update by @cryptopassion

We are still upper than our support line :

But look on the chart, as on the BTC, we have a triangle in formation and I'm pretty sure the break out we will have, will go in the same direction than the break out that we will have soon on the BTC.

As you can see all, during the last weeks, the altcoins have very similar patterns than the BTC. We are in a period fully synchronised with the BTC but with a biggest volatility due to altcoins. It is a good period to make nice profits, using the BTC trend to take good moves on altcoins !

You don't want to miss a Crypto news?

Follow me on Twitter and Facebook

Sort:  

en anglais c'est pas mal aussi!!

allez un bon petit upvote bien fat de ta part!! pour un lecteur assidu!!lol

Merci !

This news about Coincheck is disturbing even though I too am happy to hear they are saying they will repay. But the numbers are all over the place and no one seems sure exactly how this happened or how much was really lost.

The Tether story will not end well i do no think. Something does not add up if you look at the numbers every day.

The news out of India is really important I am not hearing good things right now.

But things are still going great and it will be a great year for Steem!

Super daily crypto snapshot as always. Loved reading. Regards Nainaz.
#thealliance

Always learning something every day with you. Love your posts!!

You are more than welcome :D

Please keep on top of the Wyoming story.

That's really amazing news and thanks for sharing this informative post and keepup the great work. It's really an great thing when an company promises their users upon the refunds of their amount.

Have a great day and stay blessed.

Very good news about Coincheck. But they also need to make clear what happened exactly and what new procedures they will put in place to avoid anything like this in the future.

hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do? https://steemit.com/counterfeit/@mykarma/2-jail-review-counterfeit-euro-speeeeending-time

Very good information @vlemon, it is very useful for everyone. Thanks for sharing

Thank you @vlemon for making a transfer to me for an upvote of 2.41% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 67310.11
ETH 3522.28
USDT 1.00
SBD 2.71