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Russian Court Denies Theft Victim Access to Stolen Bitcoin


A Russian court has denied a claimant the right to reclaim almos BTC 100 (USD 920,000), stating that crypto has no legal value – meaning courts are powerless to enforce property rights. Per a Telegram post from the district court’s press office, in Russia’s second-largest city, St. Petersburg,...

Starbucks Denies Involvement in Digital Yuan Tests


American multinational chain of coffeehouses, Starbucks, has denied being involved in the testing of China's digital yuan. "We are not participating in the digital currency trial in China," a Starbucks spokesperson told Cryptonews.com, without elaborating. As reported, news have started...

K-pop and Charity Kingpin Denies Crypto Scam Reports


A K-pop impresario who also heads a UN-affiliated charity has denied accusations linking him to a cryptocurrency fraud campaign that allegedly saw him target some of the biggest stars in South Korea’s entertainment. Lee Wook is head of the W Foundation, a charity aligned with the UN’s climate...

Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List


On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through...

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun


“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire...

Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail


U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...

ShapeShift Denies Claims By Kraken That KeepKey Can be Hacked in 15 Minutes


The KeepKey hardware wallet. Source: KeepKey, Instagram After cryptocurrency exchange Kraken reported a flaw in hardware wallet KeepKey, the owner of this product, crypto exchange ShapeShift replied that the report is misleading and the attack difficult to carry out. The story starts on December...

US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry


A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...

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