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Crypto News from Coinzy - January 31, 2019 AM

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Here's Your Morning Crypto News for
January 31, 2019

Florida Appeals Court Rules Bitcoin is Money

An appeal court in Florida has called for the prosecution of a man accused of laundering $1,500 worth of Bitcoin. The court said there was enough evidence to charge the suspect with money laundering and unlawful cash transmission.

Crypto Roundup – Florida Authorities Target Unregulated Bitcoin Sales & US Lawmakers to Prevent Cryptos From Financing Drug, Sex Trafficking

Eight coins from the top 10 coins by 24-hour volume posted positive changes, ranging from 0.94% to 5.68%. Florida authorities can target unregulated Bitcoin sales, court ruling suggests. US lawmakers pass bill to prevent 'virtual currencies' from financing drug, sex trafficking.

$1.7B STOLEN IN 2018 – CRYPTOCURRENCY THEFT SKYROCKETS AS PRICES DROPPED

According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1.7 billion of cryptocurrency last year. Despite the savage bear market conditions and freefalling prices, cryptocurrency theft is on the rise.

Facebook Reports Robust Profit, Stock Bounces 12% After Earnings

Facebook reported robust earnings and revenue that handily surpassed Wall Street expectations for the final quarter of 2018 despite heavy spending on safety and security.

Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System

Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers to create projects which promote social good, the press release notes.

Florida Authorities Can Target Unregulated Bitcoin Sales, Court Ruling Suggests

A recent case in which a Miami Beach man sold bitcoin to an undercover detective has recently taken a turn thanks to a court decision that could make it easier for Florida's authorities to target those who are selling cryptocurrencies in unregulated deals.

Best Tezos (XTZ) Wallets for 2019

Tezos is a blockchain platform which enables smart contract deployment and development, relying on a self-government protocol. This dApp platform is different from others because the stakeholders make all the network decisions through a voting system.

NEM Foundation is One Month Away From Bankruptcy

NEM foundation, the development team behind the popular cryptocurrency project, NEM, is about to go bankrupt and the foundation is about to start laying off workers in droves. The ongoing downtrend and the mismanagement of funds from the previous council have been identified as the cause.
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