Samuel Haig

Articles by Author

tZERO Opened Its Doors to Non-Accredited Investors, but Their Options Are Still Limited

TZERO has announced that its securities tokens (TZROP) are now allowed to be traded among non-accredited investors, however, the platform offers limited functionality.

Ukrainian Secret Service Bust Cryptocurrency Mining Farm in Nuclear Plant

Ukrainian cryptocurrency miners are expected to enjoy a reduction in electricity prices, following an announcement that the country’s government has agreed to change energy prices charged to industrial consumers during a meeting yesterday.

Binance KYC Documents Allegedly Stolen From 'Insider' Who Helped Hackers

The hacker claiming to have accessed tens-of-thousands of know-your-customer (KYC) documents originating from Binance claims to have obtained the stolen documents by hacking an “insider” who facilitated the breach in May which saw 7,000 BTC stolen from the exchange.

Elliptic Publishes Data Set of 200,000 Bitcoin Transfers to Help Detect Illicit Use

On August 2, London-based blockchain analytics provider, Elliptic, published what it claims comprises the “world’s largest set of labeled transaction data publicly available on any cryptocurrency," including approximately 4,075 payment flows identified as being illegal in nature. 

Walmart's Stablecoin Won't Compete With Bitcoin, CoinCorner CEO Says

The announcement that Walmart has filed a patent for a USD-pegged stablecoin has been met with a markedly stifled reaction when contrasted with the seemingly fiery reaction to Facebook’s planned stablecoin, ‘Libra’.

Decred Publishes Documentation for Atomic Swap-Powered DEX

Decred has published the specifications for its upcoming decentralized exchange (DEX). The Decred DEX will execute trades using atomic swaps.

Truck Carrying 117 Cryptocurrency Miners Seized in Iran

Iranian police have seized a truck carrying over 100 cryptocurrency miners. Despite recently legitimizing crypto mining as an authorized activity, the Iranian regime is yet to issue any licenses for importing mining hardware.

UK Judge Dismisses Craig Wright's Libel Lawsuit Against Roger Ver

A U.K. judge has dismissed Craig Wright’s libel suit against Roger Ver due to lack of jurisdiction.

CFTC Claims It Hasn't Approved LedgerX's Launch of Physically-Settled Bitcoin Futures

On August 1, the United States Commodity Futures Trading Commission (CFTC) requested that LedgerX retract the company's claim that it had launched the first physically-settled bitcoin (BTC) futures contracts in the United States (U.S.) as of July 31.

Huobi Wallet Announces It'll Be a Tezos (XTZ) Baker

The multi-currency wallet offered by cryptocurrency exchange Huobi, HuobiWallet, has announced that it will soon provide support for Tezos (XTZ).

Bitpanda Survey: One in Five Crypto Investors Are Women

An extensive survey of nearly 5,000 cryptocurrency holders spanning 17 European countries has found that one in five crypto investors are female, signaling greater diversity within the virtual currency sector than previously presumed.

Rain Becomes First Regulated Cryptocurrency Exchange in the Middle East

The day of Rain.bh's launch, Jul 31, 2019, also saw the company became the first Middle Eastern cryptocurrency exchange to obtain regulatory licensing to operate within the region

Overstock to Pay Shareholders Dividend in tZERO Security Tokens

Online retailer and early adopter of cryptocurrency, Overstock.com (OSTK), has announced that it will pay shareholders dividends in the form of the security tokens of its affiliate, tZero.

Samsung's Galaxy S10 Adds Crypto Wallet App From Phone Rival Pundi X

Pundi X has announced a partnership with Samsung, despite the two companies comprising rival manufacturers of blockchain smartphones.

Importer of Bitmain Bitcoin Miners Faces Criminal Investigation for Allegedly Underpaying Customs Fees

The Russian Federal Customs Service has opened a criminal investigation into an importer of Bitmain miners for allegedly failing to pay $1.2 million customs fees.

Bitfinex and Tether Have Already Spent Over $500,000 in Legal Battle With NYAG

The law firms representing crypto exchange Bitfinex and stablecoin issuer Tether in their ongoing legal battle with the New York Attorney General’s (NYAG) office, have written a letter revealing that the firms have already spent over $500,000 on document procurement alone.

Russian-Chinese OTC Tether Trade Worth Over $10 Million a Day

Russian traders are selling millions of dollars worth of Tether (USDT) to Chinese buyers daily. USDT reportedly gained popularity over Bitcoin (BTC) as a means to bypass China’s strict capital control acts in 2018 after BTC prices plummeted.

Kraken Acquires Crypto Portfolio Manager Interchange

On July 31, cryptocurrency exchange Kraken announced that it had acquired Interchange - an enterprise crypto asset management service provider.

Educational Non-Profit Seeks $2 Million for Blockchain Literacy Programs in Pakistan and the Bahamas

CryptoChicks, the educational non-profit organization founded by Natalia Ameline, the mother of Ethereum’s creator Vitalik Buterin, is seeking to raise $2 million to develop long term programs to bolster blockchain literacy among women and youth in Pakistan and the Bahamas.

Andrew Ridenour Leaves Coinbase for CFTC

Coinbase’s product counsel for institutional products, Andrew Ridenour, has become the latest executive to part ways with the company.

200-Year-Old Austrian Company Launches Crypto Hardware Wallet

A 200-year-old company in Austria has launched a cryptocurrency hardware wallet targetting businesses.

Iran Officially Legalizes Cryptocurrency Mining

The Islamic Republic of Iran has authorized cryptocurrency mining as a legitimate industrial activity.

PwC Predits Goods and Sales Tax Exemption Will Bolster Singapore's Crypto Sector

Multinational professional services firm, PricewaterhouseCoopers (PwC), has praised Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services, arguing that such will bolster the city-state as a regional virtual currency hub.

Galaxy Digital Granted Broker-Dealer License by FINRA

On July 24, Galaxy Digital Holdings Ltd announced that it had been granted a broker-dealer license by independent United States (U.S.) securities regulator, the Financial Industry Regulatory Authority (FINRA).

$50,000: Ontario Securities Regulator Settles With ICO Promoter CoinLaunch

On July 22, Ontario Securities Commission (OSC) has reached a settlement agreement with cryptocurrency firm CoinLaunch Corp regarding the company’s promotion of unregistered initial coin offerings.

Greek Billionaire Launches Cannabis Cryptocurrency, Exchange, and Bank

On July 25, a Swiss-based consortium led by Greek billionaire Alkiviades David, Swissx, has launched the Swissx Bank of Cannabis, with the bank seeking to facilitate legal cannabis transactions across the emerging global market.

Bitcoin Suisse 'Highest BTC Trade Ever' Over 4,000 Metres Above Sea Level

On July 17, an almost 70-person team led by Swiss cryptocurrency company Bitcoin Suisse conducted a BTC trade atop the Breithorn Mountain in the Pennine Alps on the border between Switzerland and Italy.

Brazilian City Starts Accepting Bitcoin Payments for Public Transport

On July 25 it was reported that users of the public transportation system in the Brazilian city of Fortaleza, capital of the state of Ceará, will soon be able to purchase transportation tickets using Bitcoin.

Cardano Creator Describes Libra as "Sputnik Moment" for Crypto

In a recent interview, the founder of Cardano, Charles Hoskinson, described the emergence of Facebook’s planned virtual currency ‘Libra’ as signposting the erosion of the centralized legacy financial system in the face of increasing global adoption of distributed ledger technologies.

Transparency of Binance Charity Foundation Called Into Question

A report published by CoinDesk has brought into question the transparency of the Binance Charity Foundation (BCF).

Alleged BitMarkets Co-Owner Found Dead

On July 25, 44-year-old Tobiasz Niemiro, the alleged co-owner of the defunct Polish cryptocurrency exchange BitMarket, was found dead in his home province of Olsztyn, Poland.

Man Charged for $2 Million Worth of Unlicensed Bitcoin Sales

A man from Monmouth County, New Jersey who sold more than $2 million worth of Bitcoin through a private website was indicted by a federal grand jury for operating an unlicensed money transmitting business on July 24.

Despite Kidney Stones and Warren Buffet Lunch Cancellation, Justin Sun Attends Tron Party

On July 25, the chief executive officer of Tron, Justin Sun, attended a party to celebrate the first anniversary of Tron’s acquisition of file-sharing platform BitTorrent, despite having canceled the highly-hyped lunch meeting between himself and business magnate Warren Buffet that had been scheduled for the same day.

Russia Mulls Cryptocurrency Use in Arms Sales

The Russian Engineering Union (‘SoyuzMash’) has requested that the Central Bank of Russia consider exploring distributed ledger technology as a potential means of exchange for arms deals with foreign customers.

$100 Million Indictment Filed Against BTC-E and Alexander Vinnik

On July 25, a civil lawsuit was filed in the Northern District of California, indicting defunct cryptocurrency exchange BTC-e and its executive Alexander Vinnik for alleged violations of the Bank Secrecy Act.

Monex Moves to Join Libra Association

Japanese financial services company and owner of the Coincheck crypto asset exchange, Monex Group, has filed an application to join the Libra Association - the consortium that will operate and develop Facebook’s proposed ‘Libra’ cryptocurrency alongside the social media giant.