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Bitspark to Shut Down Due to Internal Issues, Despite Positive Results


Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results. Hong Kong-based company will be closing its doors on March 4, 2020, announced...

Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit


Mark Karpeles. Source: a video screenshot, Youtube, CANAL+ The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene. Greene filed the original complaint against...

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business


Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...

The State Encourages ICO Fraud. The Free Market Minimizes It  


Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...

Canadian Regulator Seizes Troubled Crypto Exchange


The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...

Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight


A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels...

Kin Price Nosedives After Operator Announced the Shut Down of Kik App


Kin prices have been sent tumbling after the coin's operator announced it will shut down its Kik messaging app. In a blog post, Kik Interactive's CEO Ted Livingston stated that regulatory pressure from the American Securities and Exchange Commission (SEC) had sparked the decision. However, the...

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