🗞 Daily Crypto News, January 28th 💰

Coincheck To Refund All Customers Affected By Hack, Faced By Community Support;
Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors
Indians Expect Clarity on Bitcoin Taxes within Days ;
A Haven for Blockchain: The Case for Wyoming
CFTC Shuts Down Another Cryptocurrency-Related Scam
Weiss Cryptocurrency Ratings - Top Picks!
STEEM Trading Update by @cryptopassion

🗞 Coincheck To Refund All Customers Affected By Hack, Faced By Community Support

Japanese cryptocurrency exchange Coincheck has announced Saturday, Jan. 27, that it will issue full refunds to all of the 260,000 of its users who have become victims of the Friday NEM hack.

The Coincheck exchange has been hacked yesterday, Jan. 26, resulting in a massive loss of 523 mln NEM coins, worth approximately $534 mln at that time. During a press release following the hack it has been revealed by the exchange’s representatives that the funds were stored on a single-signature hot wallet, constituting a relatively low-security environment.

🗞 Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors

Reports surfaced Saturday night that Tether and their auditor, Friedman LLP, had dissolved their relationship. Due to the weekend, independent confirmation has not been received. Calls to Friedman LLP have gone to voicemail.

It does seem unusual for either company to take such an action without issuing a formal statement, particularly since this would create a firestorm. Many in the crypto community have had concerns about whether Tether truly maintains adequate reserves to redeem all the outstanding tether tokens. The company had hired Friedman LLP to conduct an audit in an effort to resolve the community’s concern.

🗞 Indians Expect Clarity on Bitcoin Taxes within Days

Under mounting pressure to make decisions and take steps to clarify cryptocurrency matters, the Indian government may soon shed some light on one of many unclear aspects – taxation. Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next week by the Finance Minister. Recent developments suggest that the status of bitcoin in India is likely to be determined, at least in terms of how much cream the government is willing to scoop out.

🗞 A Haven for Blockchain: The Case for Wyoming

Wyoming is stepping up to welcome the blockchain community with open arms.

A grassroots group, the Wyoming Blockchain Coalition, has garnered significant momentum to pass a package of legislation that would bring significant benefits to both the blockchain community and the State of Wyoming.

The package of blockchain bills, which will be introduced during the upcoming session in February, will build on two characteristics of Wyoming that make it particularly attractive to the blockchain industry: zero corporate income or franchise taxes, and strict privacy laws governing LLCs formed in the state.

🗞 CFTC Shuts Down Another Cryptocurrency-Related Scam

The CFTC has taken a very keen interest in cryptocurrency-related projects. The agency keeps a close eye on initial coin offerings, but they also target alleged scams. As a result of this aggressive stance, the CFTC filed federal court enforcement action against My Big Coin. The company raised over US$6 million from various investors, but the funds have allegedly been used for personal expenses and luxury goods.

🗞 Weiss Cryptocurrency Ratings - Top Picks!

B Ratings
Ethereum and EOS

B- Ratings
Steem, Cardano and NEO

C+
Ark, Bitcoin, GByte, Dash, Decred,Litecoin, NEM,

Read more & Source: @vlemon/weiss-cryptocurrency-ratings-top-picks

STEEM Trading Update by @cryptopassion

We are still upper than our support line :

But look on the chart, as on the BTC, we have a triangle in formation and I'm pretty sure the break out we will have, will go in the same direction than the break out that we will have soon on the BTC.

As you can see all, during the last weeks, the altcoins have very similar patterns than the BTC. We are in a period fully synchronised with the BTC but with a biggest volatility due to altcoins. It is a good period to make nice profits, using the BTC trend to take good moves on altcoins !

🗞 Daily Crypto News, January 28th 💰

🗞 Coincheck To Refund All Customers Affected By Hack, Faced By Community Support

🗞 Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors

🗞 Indians Expect Clarity on Bitcoin Taxes within Days

🗞 A Haven for Blockchain: The Case for Wyoming

🗞 CFTC Shuts Down Another Cryptocurrency-Related Scam

🗞 Weiss Cryptocurrency Ratings - Top Picks!

STEEM Trading Update by @cryptopassion

You don't want to miss a Crypto news?

Follow me on Twitter and Facebook