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ShapeShift Aided 60 Law Enforcement Inquiries in 2018, Erik Voorhees Reveals

Law enforcement

It seems like ShapeShift has done exactly as its name suggests, changing form almost beyond recognition. Founder, CEO, and no fan of the SEC, Erik Voorhees’ exchange once existed without accounts. Now they have full KYC and hand over customer data upon request. ShapeShift Shocked Crypto World With KYC In what can only be described as a seismic shift in ethos, ShapeShift started implementing KYC in September 2018. They first sugarcoated it as a “membership program,”

The post ShapeShift Aided 60 Law Enforcement Inquiries in 2018, Erik Voorhees Reveals appeared first on Bitcoinist.com.

US Agencies Top List of Law Enforcement Requests Sent to Crypto Exchanges

As the crypto industry grows, its increased use by both innocent cryptocurrency investors and malicious cyber criminals does as well. This has prompted government agencies and financial market regulators to take a deeper look at crypto transactions in order to track down potential criminal behavior in hopes of finding evidence that will lead to successful...

The post US Agencies Top List of Law Enforcement Requests Sent to Crypto Exchanges appeared first on NewsBTC.

Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

Bitcoin Price in a $300 range mode ShapeShift bombarded with US DoJ subpoenas in Q4 2018 Transaction volumes dip, moving averages slide from 18k to 14k in four days Participation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we...

The post Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10 appeared first on NewsBTC.

Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

The post Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview] appeared first on Bitcoinist.com.

Crypto Exchange ShapeShift Lays Off 37 Amid Bearish Cryptoeconomy

This week, ShapeShift CEO and founder Erik Voorhees announced the cryptocurrency exchange has laid off 37 employees amid the cryptoeconomy’s bearish turn since 2018. The company’s books were reportedly crypto-heavy in the downturn.    Also read: Japan’s FSA Reportedly Honing In On Crypto ETF Decision Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & …

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The post Crypto Exchange ShapeShift Lays Off 37 Amid Bearish Cryptoeconomy appeared first on Bitsonline.

Shapeshift Admits ‘Imposition of KYC’d Accounts’ Hurt Company Financially

shapeshift fox

The instant digital asset exchange platform ShapeShift has laid off one-third of its team because of the “dramatic and severe” crypto recession as well as being cautious in “a challenging regulatory environment.” Crypto Winter Cold Bites Shapeshift In a detailed announcement, the company’s CEO, Erik Voorhees, revealed “with a heavy heart” that the company has let 37 of its employees go or one-third of its team. Voorhees: Today, we let 37 employees go, reducing the

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Cryptocurrency Bear Market Pressures Shapeshift into Layoffs

The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37 of Shapeshift’s employees have been laid off. This represents around one third of the staff at the cryptocurrency startup. More...

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Trezor Now Lets You Convert Bitcoin to Other Cryptos Right From the Device

trezor bitcoin ethereum wallet

In a recent upgrade, popular Bitcoin and cryptocurrency hardware wallet TREZOR has enabled its Model T users to exchange directly through their wallet interface, which means users no longer have to send coins from their device for conversion.   A Crypto Exchange Inside the Trezor In an attempt to make its flagship hardware wallet TREZOR Model T, the company behind it – Satoshi Labs, has announced a brand new feature which allows users to exchange cryptocurrencies

The post Trezor Now Lets You Convert Bitcoin to Other Cryptos Right From the Device appeared first on Bitcoinist.com.

Cryptocurrency Regulations Moving Towards Clarity, Says Investment Security Expert

Cryptocurrency Regulations Moving Towards Clarity, Says Investment Security Expert

Julie Myers Wood believes that the era of little or no regulations in the cryptocurrency space is fast becoming a thing of the past. The Guidepost Solutions CEO says regulators will firm up laws to protect investors from bad actors in the industry. The Sun Will Soon go Down on the Cryptocurrency ‘Wild West’ According to the Asia Times, Wood says the steady increase in suspicious activity reports (SARS) emanating from the cryptosphere has US

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‘Wildly Inaccuate’: ShapeShift CEO Denounces Wall Street Journal Money Laundering Claims

Wall Street Journal

Cryptocurrency exchange platform ShapeShift formally hit back at what it called an “attack” on its business by the Wall Street Journal, which accused the platform of being involved in money laundering. WSJ: ShapeShift Allowed $9M Money Laundering In a blog post, CEO Erik Voorhees spelled out his distaste for the “false and absurd” content of the WSJ’s piece, which he revealed was the product of five months’ correspondence. Titled ‘How Dirty Money Disappears Into The

The post ‘Wildly Inaccuate’: ShapeShift CEO Denounces Wall Street Journal Money Laundering Claims appeared first on Bitcoinist.com.

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