Bitcoin and cryptocurrency roundup: 8 March 2018
What happened in cryptocurrency today?
SEC hits crypto, Binance gets hit, ATO hits holders, Mt. Gox keeps hitting bitcoin, Ripple and Coinbase hit each other.
1. Au contraire mon ami.
It just doesn't make sense, and the experts agree.
Despite the heavy handed announcement and dropping prices, there are even more compelling signs that cryptocurrency exchanges will end up not needing to register as securities exchanges.
2. The worst best phishing attack ever.
A clever, patient and insidious phishing attack lay dormant for a while before suddenly springing today on Binance.
It was clever, well-planned and understandably scared the hell out of a lot of people, but the attackers actually managed to lose coins in the process.
3. Police ATO now targeting speeders cryptocurrency.
Holding? You're in our sights.
The ATO likes to build a big of hype ahead of tax time by announcing the primary targets that year. This year it's crypto.
4. The gox that keeps on giving.
Mt. Gox comes back from the grave to keep mashing the market's price buttons.
Compelling evidence suggests that most, if not all, of the recent bitcoin price crashes, including the big one, were tied to the sale of 65,000BTC from the Mt. Gox estate.
5. Different job descriptions, same line of work.
Don't count on Ripple ever arriving at Coinbase. Moving crypto-moolah around the world is the name of the game, and they're both playing it.
But if they do compete, who's going to win?
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC, NANO
Latest cryptocurrency news
- Bitcoin price lags while regulators raise fears and banks grapple
- Bitcoin price sees volatility around $37,000 with Pantera Capital projecting $115,000
- Ethereum price: Upswing may be on the cards as ETH continues leaving exchanges
- Bitcoin falls 10% in weekend trade as alts run
- Ethereum price: Upward surge noted but fears of near-term volatility continue to persist
Picture: Shutterstock
