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Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
15.5.2021
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day.”...
Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
City in North Dakota now accepts cryptocurrency for utility payments
14.5.2021
The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay
Binance is reportedly under investigation from IRS and Justice Department
13.5.2021
The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media
Diem parters with Silvergate bank to launch stablecoin in the US
13.5.2021
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate
Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels
13.5.2021
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord...
Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100
13.5.2021
Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers
IRS will seize your crypto if you can't pay back taxes
12.5.2021
If you’re a cryptocurrency holder with past-due tax debts, your provable holdings may be confiscated by the IRS if you don’t pay back what you owe
SEC enforcement actions cost crypto firms and individuals $1.7B in penalties
12.5.2021
Of the 75 enforcement actions on crypto brought by the commission from 2013 to 2020, the majority involved allegations of fraud or unregistered securities offerings
Bitcoin car will race at the Indianapolis 500
12.5.2021
“This isn’t the Strike car, the Coinbase car, the Kraken car [...] this is the Bitcoin car,” said Jack Mallers
SEC warns of Bitcoin futures risks in mutual funds
12.5.2021
The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF
From cypherpunk to state contracts: the changing face of blockchain
12.5.2021
Three blockchain executives discuss their work with governments in fraught political contexts, and the questions it raises about blockchain’s claim to the libertarian banner
Texas house passes crypto-friendly bill, now goes to senate
11.5.2021
Governor Greg Abbott has already hinted he is open to signing the bill into law
Nebraska bill to allow banks to offer crypto services moves forward
11.5.2021
Nebraska senators have favored a measure that would allow state banks to facilitate crypto transactions like those in Wyoming
SEC chair hints at greater regulatory oversight for US crypto exchanges
6.5.2021
Gary Gensler said a regulatory framework for digital assets from the SEC or CFTC "could instill great confidence" for investors
Coinbase crypto exchange to close San Francisco headquarters in 2022
6.5.2021
Coinbase is taking measures to ensure that no office becomes an unofficial headquarters
GamesCom Wises Up, Goes Fully Digital
5.5.2021
GamesCom 2021 will be a fully digital event this year, GamesCom officials announced in a press release today. The move is a reversal of earlier plans for a semi-live event, inadvisable given the, y’know, roiling pandemic that’s still an ever-present aspect of everyday life.Read more
UFC to launch MMA fan token on Chiliz blockchain
5.5.2021
Debuting in June, the new UFC fan token will have a maximum supply of 20 million
Investment app Betterment still not ready to offer crypto services, says CEO
5.5.2021
After posting record-breaking growth in Q1 2021, digital wealth platform Betterment is still studying whether it needs to add crypto to its services
Apple's Tim Cook On Epic's Tim Sweeney: I Do Not Know This Man
5.5.2021
Another day, another collection of very funny and insightful documents being released as part of the Apple vs Epic lawsuit. For tonight we have a 2015 email from Epic’s Tim Sweeney to Apple CEO Tim Cook, where one executive issues an impassioned plea for marketplace reform, and the other says “who...