CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$22,910.00
  • ethereum
    ETH$1,655.94
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » Crypto Headlines for the Weekend May.26

    Crypto Headlines for the Weekend May.26

    Author: Matthew North

    Last Updated Sep 23, 2019 @ 09:31

    Bitcoin just hit a six-week low as the US launches crypto trading investigation

    Bitcoin’s price plummeted by over $1,000 this week, and it’s speculated that the US Department of Justice’s investigation into cryptocurrency manipulation is part of it.

    The DoJ is investigating the practice of spoofing, in which traders influence the price of cryptocurrencies by opening fake orders designed to trick others into buying or selling. It is not clear, however, if the sell-off in the cryptocurrency market is directly related to this investigation.

    The market bottomed out to a total of $326 billion this week, losing $40 billion in value in a matter of days.

    UK’s FCA Investigates 24 Cryptocurrency Firms As Bitcoin Price Dips

    The UK’s Financial Conduct Authority has launched 24 investigations into the cryptocurrency market, based on the seven reports it received from whistleblowers in unauthorized cryptocurrency firms. As reported by the Financial Times, the investigation will “determine whether they might be carrying on regulated activities that require FCA authorization.”

    Nova Scotia Securities Commission warns against crypto pitches

    The Securities Commission in Nova Scotia is warning investors that two companies, Orca Alliance and BIOLK are not registered to sell securities in Nova Scotia, which is part of a wider international crackdown on fraudulent ICOs and cryptocurrency-related investment products. In North America, this effort is being coordinated by the North American Securities Administrators Association.

    The crackdown on ICOs and other unregistered securities is named Operation Cryptosweep and has resulted in nearly 70 investigations and 25 completed or pending enforcement actions since the beginning of May.

    South Africa probes cryptocurrency scam

    The South African Police Service has started an investigation into an alleged cryptocurrency investment fraud that has affected over 28,000 investors and led to losses of over 1 billion South African Rands (USD 80,000,000).

    The police service issued a statement that BitCaw Trading Company otherwise known as BTC Global promised returns of 2% returns per day, 14% per week and 50% per month.

    Andrew Caw, who set up BitCaw Trading, said in messages via Facebook on Friday. “BitCaw Trading assists people with buying & selling Bitcoin as well as other Bitcoin related services. We do not manage third-party money or offer any kind of investment,” and BitCaw didn’t set up BTC Global, he said.

    Macs Are Being Infected with a New Cryptocurrency Mining Malware

    Malwarebytes reported this week that a Mac malware has been detected to covertly mine the Monero cryptocurrency, a coin that’s known for its private and untraceable transactions. In the report, it’s claimed that the malware has three components: a dropper that downloads the software; a launcher that installs and launches it; and the miner itself known as XMRig.

    It’s unclear how the malware is being dropped into Mac computers – although it’s speculated that Adobe Flash Player installers and torrent sites could be to blame. Malwarebytes also wrote that there doesn’t seem to be “anything complicated” about the miner, and that “everything about this malware suggests simplicity in its execution.”

    Bitcoin Price Analysis

    For the full analysis press here

    BTC May 26

     

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

  • bitcoin
    BTC$22,910.00
  • ethereum
    ETH$1,655.94
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!