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Cloud Token and the Rise of MLM Crypto Projects
29.12.2019
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...
Bitcoin Gained 8.9 Million Percent Over the Last Decade
27.12.2019
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....
Coinbase Closes Earn.com One Year After $100M Acquisition
23.12.2019
Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...
Only 375 Days Left for McAfee’s $1M Bitcoin Price Wager
23.12.2019
As the end of 2019 approaches, it means there will be one year left for John McAfee’s infamous wager that said the price per bitcoin would “reach $1,000,000 before the end of 2020.” If the forecast doesn’t come to fruition, he said that he would eat his family jewels...
Craig Wright Attempts to ‘Reveal the Origin’ of Satoshi Nakamoto’s Name
21.12.2019
The Kleiman v. Wright lawsuit continues following the plaintiff’s request to Judge Reinhart asking him to overrule Craig Wright’s recent objections. Wright’s council has responded in a joint discovery memorandum asking for access to data tied to David Kleiman’s 15 computers....
$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories
21.12.2019
During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...
Cybersecurity Firm Cybavo Adds SLP Token Support to Its Wallet Management Platforms
20.12.2019
The SLP token ecosystem continues to grow rapidly as more companies adopt the token protocol. The latest to join this trend is Cybavo, a cybersecurity firm providing enterprise-level secure private key management for blockchain applications to some of the biggest exchanges in the world. Also Read:...
Maker Foundation Announces $27.5 Million MKR Sale, Expands DeFi to Asian Market
19.12.2019
Maker Foundation Sells $27.5 million MKR to Dragonfly Capital and Paradigm, driving DeFi adoption in Asia
PlusToken Ponzi Scheme Moves USD 100 Million Worth of Ethereum
19.12.2019
After reporting that an alleged Ponzi scheme may still dump at least USD 243 million worth of crypto on the market, their Ethereum (ETH) seems to be on the move.
China-based PlusToken, deemed a scam by local and foreign media, as well as the crypto community at large, seems to have moved...
19-Year Old Suspect Charged With $1 Million Crypto Heist via SIM-Swaps
19.12.2019
A 19-year old Brooklyn resident faces a nine-count indictment for an alleged $1+ million crypto heist targeting at least 75 victims
Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches
18.12.2019
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one...
Alchemy Publicly Launches Its Blockchain API After Raising $15 Million
18.12.2019
Blockchain firm Alchemy publicly launched its API after securing $15 million in funding
Justin Sun Riles Community With $1 Million Donation to Greta Thunburg
18.12.2019
Justin Sun says he will donate $1 million to the young Swedish activist Great Thunberg’s climate crisis campaign
Kleiman Estate Asks Judge to Overrule Craig Wright’s Objections
17.12.2019
On December 16, new court filings from the Kleiman v. Wright case show the plaintiffs have responded to Wright’s objections against the magistrate’s court order. Kleiman’s lawyer Velvel Freedman explained that Craig’s statements in court “lacked credibility,”...
Ethereum Foundation USD 100 Million Deal Raises Transparency Questions
16.12.2019
Source: iStock/Ivan-balvan
The waters of transparency issues have been stirred with Ethereum co-founder Vitalik Buterin saying that the Ethereum Foundation (EF) sold ETH 70,000 at the top. It was worth c. USD 100 million at the time, and less than USD 10 million today.
“I did get the Ethereum...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
14.12.2019
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...
Shopin Founder Pleads Guilty to Orchestrating Fraudulent $42 Million ICO
12.12.2019
Shopin founder Eran Eyal pleads guilty to felony charges for running a fraudulent initial coin offering that raised more than $42 million
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
BitMEX and Arthur Hayes Now Have USD 300 Million Problem
12.12.2019
Arthur Hayes. Major crypto exchange BitMEX and its co-founder and CEO Arthur Hayes just got into another problem.
The company and its CEO are now being sued for USD 300 million by Frank Amato, a former JPMorgan Chase commodity derivatives trader, and RGB Coin Ltd., who claim to have been the first...