Bitcoin Exchange Crypto Erik Voorhees ShapeShift 

WSJ Falsely Overstates ‘$9 Million’ ShapeShift Money Laundering Claim: Analysis

Blockchain investigation and cybersecurity firm CipherBlade has done its own research, the results of which seem to exonerate crypto exchange ShapeShift from a scathing report in The Wall Street Journal. Shapeshift CEO Erik Voorhees was the first to tout the results, which exposed holes in the Journal’s methodology, knowledge of crypto, and other shortcomings. In CipherBlade’s published response, the firm dismantles the Journal’s key allegations one by one, chief among which was that ShapeShift facilitated a $9 million laundering comprised of swapping bitcoin and Ethereum for under-the-radar coins like Monero….

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Cryptocurrency Price Correlations in Bitcoin, Dollar Flipped in 2018, Binance Finds

Price correlations among major cryptocurrencies increased against the U.S. dollar (USD) but fell in Bitcoin (BTC) terms, a new report from cryptocurrency exchange Binance revealed on March 20. Part of an investigation into price trends within crypto markets since 2017, Binance found that behavior among assets is diverging depending on whether returns are denominated in USD or BTC. Specifically, USD returns from holdings were more correlated among cryptocurrencies within the three months of 2019 ending March 1 than in 2017. BTC returns, by contrast, are less correlated in current conditions…

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Christchurch shootings new zealand Opinion Politics Recep Tayyip Erdogan 

New Zealand Will ‘Confront’ Turkish President over Christchurch Killings Video

New Zealand’s foreign minister Winston Peters will travel to Turkey urgently for a face-to-face with Turkish president Recep Tayyip Erdogan over the latter’s comments on the recent Christchurch terror attack which left 50 people dead. Revealing this on Wednesday, Prime Minister Jacinta Arden said in an unusually terse statement that Peters will “confront” Erdogan over his actions since the attacks, which have driven a wedge between the two generally friendly countries. The statement reads in part: Join CCN for $9.99 per month and get an ad-free version of CCN including…

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Lightning Labs Releases Alpha Version of Lightning Offramp Solution Lightning Loop

Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20. Per the announcement, the software provides a non-custodial way to receive funds through the Bitcoin (BTC) scalability solution Lightning Network, through on-chain settlement with the “Loop Out” function. The Loop Out function attempts to solve an issue which can affect Lightning Network users. The post explains that, after having received a certain amount via the Lightning Network, users can sometimes not receive more…

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QuadrigaCX’s Legal Representatives Create Affected Users Committee

A new committee appointed by law firms Miller Thomson and Cox & Palmer will provide guidance in representing affected clients of major Canadian cryptocurrency exchange QuadrigaCX. The development was announced in a court notice on March 19. In the filing, Miller Thompson reveals that it has established the Official Committee of Affected Users of now-shuttered QuadrigaCX, comprising of seven users affected by the shutdown of the trading platform following the sudden death of its co-founder, Gerald Cotten, last December. At the time, the exchange reported that it was not able…

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Binance Supports First Live Property Auction Using BTC and BNB

Cryptocurrency exchange Binance is partnering with real estate auctioneer James Pratt Auctions (JPA) to launch a live property auction using bitcoin and Binance Coin (BNB). On April 8, buyers can bid on – and buy – a futuristic-looking, luxury, beach-front mansion nicknamed ‘The Jetsons” in Casuarina, New South Wales, using BTC or BNB. The auction follows a partnership between Binance, JPA and NuYen Exchange. It also represents another step towards greater adoption of digital currencies. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts…

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