Alabama's Regulators Use Cryptographic Hashes to Preserve Evidence Regarding Crypto-Related Scams

Greg Bordenkircher, the first assistant at the United States Attorney’s office, has revealed that the US state of Alabama “issued nine orders shutting down businesses that [were] advertising” potentially fraudulent investment schemes, services, and products.
Bordenkircher added that Alabama has so far “got about 20 percent of all the active cease-and-desists” out of all 50 US states.
Source: Crypto Globe

Bakkt CEO: Why Launch of Our Bitcoin Futures Contract Has Been Postponed to 24 January 2019

On Tuesday (20 November 2018), Kelly Loeffler, the Chief Executive Officer of Bakkt, a subsidiary of the New York Stock Exchange (NYSE), announced that the launch date for the Bakkt platform, which offers a physically-settled Bitcoin (USD) Daily Futures Contract, has been changed from 12 December 2018 to 24 January 2019, and explained the reasons for this delay.
Source: Crypto Globe

OKEx Denies Claims Trader Unfairly Lost $700,000 on BCH Futures Contracts

Cryptocurrency traders have reportedly suffered huge losses after digital asset exchange, OKEx, quickly settled bitcoin cash (BCH) futures contracts – without properly informing users before the BCH hard fork on November 14th. Qiao Changhe, the founder of Beijing-based Consensus Technologies, has alleged that he lost $700,000 because OKEx’s management closed the BCH futures contracts at a point that did not accurately reflect cryptocurrency prices (at that particular time).
Source: Crypto Globe

Two New Israel-based Crypto Funds Launched, Company Expects $50 Million in Assets Under Management

Silver Castle Ltd., an Israel-based cryptoasset investment firm for institutional investors, has introduced two new digital asset funds, and it’s expecting $50 million worth of assets under management (AUM) by the end of 2018. Despite the extended crypto bear market, Silver Castle is among one of the relatively few firms that has chosen to launch new initiatives.
Source: Crypto Globe