Cointelegraph Partners With Oxygen7 to Raise Funds for Australia Relief Efforts

January 16, 2020 — As a company, Cointelegraph cares about the environment and the world in which we all live. The wildfire crisis in Australia has mobilized us as an organization to take action to help the current recovery efforts down under. Cointelegraph is pleased to announce a partnership with ecological preservation organization Oxygen Seven. We have created a bitcoin donation fund with all money raised going directly to the Australian Wildfire Fund (https://aussieark.org/). Helen Vitalie Lang, Deputy CEO of Cointelegraph: “After seeing the horrific scenes coming out of Australia…

Telegram CEO’s 18-Hour Deposition Transcript Is Published Online

Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018. In line with a relevant court order, the deposition was held on Jan. 7 and Jan. 8 before a court reporter designated by the court reporting service engaged by plaintiff represented by the United States Securities and Exchange Commission (SEC). SEC uses the 18-hour deposition to continue grill Telegram on how it spent $1.7 billion According to the official transcript document, the deposition was…

Crypto News Roundup for Jan. 17, 2020

More ways to listen or subscribe: Whether you’re a first-time listener or you’ve heard every episode, we’d like to know what you think about the show. What do you like? What don’t you like? What do you think we’ve totally missed but should be talking about every day or at least every week? Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency…

SEC Charges ICO Operator Who Used Alias After Past Conviction

The U.S. Securities and Exchange Commission charged CG Blockchain Inc., BCT In. SEZC and their operators Boaz Manor and Edith Pardo with fraud, alleging he raised $30 million through an initial coin offering (ICO). The SEC alleged in a press release Friday that Manor hid a past criminal conviction by working under an assumed name, passing himself off as an employee of Pardo’s to raise funds for BCT. As part of this effort, Manor allegedly “darkened his hair [and] grew a beard” out of concerns that his actual identity might…

Blockchain Dispute Resolution Firm to List On London Stock Exchange

A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange. Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean Armstrong said that the company was excited at the prospect of the listing and “look[s] forward to providing investors with the opportunity to share in this groundbreaking project.” Insurance protocol for smart contracts and blockchain transactions The company describes its…

Alethea to Launch Decentralized Network for Deepfakes and Synthetic Content

Alethea AI is launching a decentralized Synthetic Content Network to track the usage and intellectual property of AI-generated content. The company plans to offer a wide selection of content, including but not limited to face-swapped deepfake videos. Alethea is a production studio for AI-generated content, having previously released a video featuring Binance’s CEO Changpeng Zhao’s face in a martial arts setting. Other content includes a video on climate change, made to challenge the negative reputation of deepfakes. Synthetic content is often criticized for its potential impact on fake news. These…

New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes.  On Jan. 8, the New Hampshire House of Representatives announced a decision to retract the bill, following a motion from the General Court’s Executive Departments and Administration Committee to deem the initiative as “inexpedient to legislate.” Bitcoin’s volatility was too high for state budgets  According to public records, authorities considered the bill ineffective due to the high volatility of cryptocurrencies like Bitcoin (BTC). If the bill…

Binance in Talks to Launch Crypto Trading Joint Venture in Japan

Crypto exchange Binance is eyeing the launch of a new trading platform dedicated for the Japanese market. According to a blog announcement on Thursday, the firm said it is discussing a strategic partnership with Z Corporation and existing Japan-based exchange TaoTao to work together to provide “trading services” in the country. Z Corporation is a wholly-owned subsidiary of Z Holdings Corporation, itself a subsidiary of Tokyo-based multinational Softbank (formerly Yahoo Japan). The three firms would harness Binance’s technologies in order to build out the new service, according to the announcement.…

Bitcoin Price Already Up 25% in 2020 After Hitting $9,000

Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records.  Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At press time, a slight retracement had sent the pair slightly lower to $8,900, with 24-hour returns still at 3% and weekly performance stronger at almost 16%. Bitcoin holders are currently sitting on monthly gains totaling…