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South African Bitcoin-Based Trading Firm Investigated for Fraud


After promising on its website to “take the hassle out of forex trading by doing it all for you,” a South Africa-based company is now under investigation by the country’s financial regulator, saying that the return figures which the company flashes seem “far-fetched and unrealistic.” Per a press...

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case


The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...

Blockchain-based Pay’s the Way for South Korean Highways


Blockchain-powered payments are coming to South Korea’s highways – with the nation’s motorway operator sealing a deal that will see it use blockchain technology to power toll payments across the country before the end of the year. Per D Daily, KEB Hana Bank, one of the nation’s biggest commercial...

Kadena Announces First Crypto-based Gas Station


Kadena is one of the well-known names in the blockchain industry. The organization has carved out a place owing to its competence in offering the blockchain products/applications in a simple and uncomplicated manner. Its smart contract feature is user-friendly, while its wallet application can...

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