Sony Raises Its Forecast for Operating Income, SNE Shares Up

The shares of giant electronic company Sony Corporation (NYSE: SNE) are on the verge of breaking out and reaching a new decade all-time high. Notably, Sony Corporation (NYSE: SNE) shares jumped 5.33% during Wednesday’s trading session to close the day trading at $81.60. Additionally, they were up over 2% during Thursday’s premarket in regards to yesterday’s close. The Japanese corporation has had its business thrive through the pandemic and it is expected to continue rising as the global economy recovers. As a result, on Wednesday Sony raised its forecast for its…

CFTC charges BitMex with illegally operating derivatives exchange

The U.S Commodity Futures Trading Commission, or CFTC, has charged the BitMEX derivatives exchange with operating an unregistered trading platform and violating anti-money laundering regulations. According to a statement released Thursday, the CFTC filed a civil enforcement action in the Southern District of New York against five entities and three individuals who allegedly own and operate the exchange. The individuals charged include Arthur Hayes, publicly known as the CEO of BitMEX, as well as Ben Delo and Samuel Reed. The CFTC alleges that these individuals are owners and operators of…

BRD Boss Recalls Operating Bitcoin Help Line During Crypto’s Early Days

In an interview with Cryptox, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy. After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch the “Bitcoin Therapy Hotline” without consulting the firm’s other executives. Traidman initially thought the idea was crazy, stating, “Back then, other big Bitcoin companies like Coinbase and whatnot didn’t have phone support, and their average email response times were days or weeks. And there we were, without any phone…

Why the World Needs a Blockchain Consensus Operating System

The true potential of blockchain to transform the lives of people around the world has clearly not been realized. For all the progress that could have been made so far, the reality is that this powerful technology remains the preserve of a small group of technology and finance enthusiasts. What I find so disappointing about this is the fact that it could be improving people’s lives in so many obvious ways right now if it was being properly directed to the needs of the people. Blockchain technology and smart contracts…

Crypto ATM Provider Bitstop Begins Operating in Simon Malls Across the US

Bitcoin ATM provider Bitstop has partnered with Simon Property Group in a bid to expand the coverage of cryptocurrency ATMs across the country in malls. The new locations for the ATMs include Carlsbad Premium Outlets in Carlsbad, Califronia, Mall of Georgia in Budford in Georgia, Miami International Mall in Miami, Sawgrass Mills in Sunrise, and The Avenues in Jacksonville, Florida. Bitstop has been proactively pursuing an aggressive expansion of its Bitcoin ATM network in the United States. The CEO of Bitstop, Andrew Barnard, believes that most of the people who…

German Regulator Flags Crypto Broker for Operating Without License

German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11. The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed to expose clients to the price movements of cryptocurrencies. Operating without license The regulator found that the company provided the service without the necessary license. Per the announcement, the broker is based out of Sofia, Bulgaria and solicits its users to use a website operated by its parent company, 21TEX.…

تشغيل بيتكوين النقدية: مقدمه لتشغيل عقده كامله

اعداد عقده النقدية بيتكوين هو مهمة سهله إلى حد ما لشخص يريد المساهمة في النظام الايكولوجي لامركزية. هناك العديد من الطرق التي يمكنك من خلالها تشغيل عقده ما سواء كانت علي سحابه أو علي جهاز محلي أو عن طريق الاستفادة من جهاز كمبيوتر واحد صغير الحجم. التالي هو مقدمه بسيطه لأي شخص يريد اعداد تنفيذ عقده كامله. أقرا أيضا: خطط بنك الاحتياطي الفيدرالي لضخ $60,000,000,000 شهريا في الاقتصاد العناصر المطلوبة اللازمة لتشغيل بيتكوين النقدية خلال العامين الماضيين ، نمت البيئة النقدية بيتكوين (الصرفالحيوي)قويه وهناك عدد غير قليل من مختلف العملاء…

Thai SEC Warns Public About New Crypto Scam Operating Overseas

Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies outside the country, local English-language news outlet Bangkok Post reports on Aug. 25. The regulator has become aware of several fraudulent companies involved in the case, including the alleged scam entity named FX Trading Corporation, which is not authorized to trade in digital currencies, the…

Las Vegas Man Jailed for Operating Illegal Bitcoin Trading Business

Anthony J. Battaglia, a United States federal judge for the Southern District of California has sentenced Morgan Rockcoons, a Las Vegas, Nevada resident to nearly two years in prison for wire fraud and running an unlicensed money transmitting business, according to a press release on May 28, 2019. End of the Road According to a press release by the United States Department of Justice (DOJ), Morgan Rockcoons, a Nevada resident has been slapped with 21 months imprisonment for operating a Bitcoin trading business without registering with the relevant financial regulators.…

cease and desist order; UBPC is found to be operating fraudulently

A crypto company posing as a Liechtenstein-based Union Bank AG initiative is in the spotlight in North Dakota for fraud. According to the North Dakota Securities Department, it issued a cease and desist order for Union Bank Payment Coin. Cease and desist order for fraud In particular, the order targets the entity’s officers, directors, agents, and employees. The Securities department found Union Bank Payment Coin (UBPC) culpable for fraud. The entity promoted unregistered securities that were potentially fraudulent. According to Karen Tyler, North Dakota Securities Commissioner, the action is a…