Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins made their remarks during an interview on Fortune's crypto-focused news segment The Ledger on Jan 14. The twins’ air time comes as part of a push for coverage of their recent ad campaign, which has sparked some controversy in crypto circles over its attempt to remold crypto’s image with an emphasis on robust regulation and compliance-driven market practices. Cameron Winklevoss steered the conversation beyond regulatory matters …

Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily paused deposits and withdrawals of the altcoin to prevent loss of funds. Crypto exchange Gate.io confirmed that the attack was carried out and promised refunds, stating that around 54,200 ETC in total (worth around $271,500 at the time) was transferred during the attack. …

Cameron Winklevoss stated that “Bitcoin [BTC] is most likely the winner in the long term” during an Ask Me Anything (AMA) session on Reddit today, Jan. 7. Answering a question about whether or not Bitcoin will keep its number one position among cryptocurrencies, Cameron expressed his optimistic view of the coin, saying that “Bitcoin is certainly the OG crypto! It's hard to defeat network effects — so in terms of 'hard money' (i.e., store of value) Bitcoin is most likely the winner in the long term.” The Winklevoss brothers also said in today’s AMA that they “are committed as ever …

The Gemini cryptocurrency exchange founded by the Winklevoss twins in 2014 is calling for better regulation of the crypto space in a new ad campaign, the Wall Street Journal (WSJ) reports on Jan. 4. Placards on taxis and in the New York City subway contain slogans like “crypto needs rules” while simultaneously suggesting that Gemini already provides a regulatory compliant exchange for investors. Other slogans include “money has a future” and “crypto without chaos.” Chris Roan, head of marketing at Gemini, told the WSJ: “We believe that investors coming into cryptocurrency deserve the exact same protections as investors in more …

Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces 10 Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a 10-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the loss of 850,000 BTC ($2.87 billion at press time), has denied any wrongdoing. Prosecutors in a Tokyo court this week have claimed that Karpeles had stolen around $3 million worth of funds from the exchange, in a case not connected to the hack. Only Two …

Cryptocurrency trading platform Gemini founders Tyler and Cameron Winklevoss have launched a mobile crypto trading app together with a new investment vehicle, according to an official blog post published Dec. 11. As the post outlines, the new app allows users to buy and sell crypto, and monitor real-time and historical crypto market prices for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and ZCash (ZEC). Users can also see the total value of their current portfolio, and set price and percentage value change alerts for their chosen coins. Further functionality includes a “recurring buy” feature, as well as support …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Elon Musk Impersonators Flood Twitter With Fake Crypto Giveaways Although impersonators on Twitter pretending to be famous celebrities offering crypto giveaways are many, this week saw an influx of these crypto pretenders posing as Tesla CEO Elon Musk. After compromising verified accounts with the blue check mark, scammers would change the name and …

Judge Jed Rakoff has ruled to end the freeze on Charlie Shrem’s assets in a lawsuit brought against him by the Winklevoss brothers, Bloomberg reports Nov. 8. In a case unsealed in the U.S. District Court for the Southern District of New York earlier this month, the Winklevoss twins allege that Shrem took part of their $250,000 investment in his exchange BitInstant to buy 5,000 bitcoins (BTC). The Winklevosses argue that Shrem used the Bitcoin he acquired with their money to furnish a lavish lifestyle after having served a year in prison for helping users of the now-defunct Silk Road …

An attorney for embattled Bitcoin Foundation founder Charlie Shrem formally hit back on Nov. 5 at accusations by Tyler and Cameron Winklevoss as part of an ongoing lawsuit concerning alleged Bitcoin (BTC) theft. In a filing addressing the Winklevosses’ claims, attorney Brian E. Klein said Shrem, who is under investigation for allegedly “stealing” 5000 bitcoins ($32 million) from the twins in 2012, had “committed no misconduct.” “Shrem can show by verifiable evidence that he did not take the 5,000 bitcoins (the Winklevosses) accuse him of taking,” the filing reads. As Cointelegraph reported, the lawsuit against Shrem involves a convoluted history …

On November 2, details of a crypto lawsuit featuring major industry players: Bitcoin Foundation founder Charlie Shrem on one side, and the Winklevoss twins on the other, were made public. The case alleges that Shrem “stole” around 5,000 Bitcoin (BTC) from Tyler and Cameron Winklevoss in 2012. Brief introduction to both sides of the conflict Charlie Shrem Charlie Shrem is an American entrepreneur and renowned Bitcoin advocate. He started investing in Bitcoin in 2011, when he was a college senior. Later the same year, he co-founded the now-defunct BitInstant, one of the first crypto exchanges. The service turned out to …

A lawyer for Bitcoin Foundation founder Charlie Shrem has denied claims by Tyler and Cameron Winklevoss that he “stole” 5000 bitcoins (now $31.7 million) from them in 2012, the New York Times (NYT) reported Nov. 2. In lawsuit unsealed Thursday, Nov. 1, the Winklevoss twins, with whom Shrem worked on a previous project before serving one year in jail for alleged facilitation of drug purchasing using Bitcoin (BTC), said the issue goes back to 2012. “Either Shrem has been incredibly lucky and successful since leaving prison, or — more likely — he ‘acquired’ his six properties, two Maseratis, two powerboats …

October 31 marks the ten year anniversary of the release of the Bitcoin white paper, which was authored by Satoshi Nakamoto, and whose identity still remains a mystery. In this relatively short period of time, Bitcoin has challenged the way modern society looks at global finance and banking, and has been the catalyst for the birth of over a thousand different cryptocurrencies as well as many more blockchain projects. Its history has been full of highs and lows, as the volatile cryptocurrency has battled through years fraught with controversy and success. With the release of the white paper, a movement …