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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...

Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M


One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....

Bitcoin Struggling Near USD 11,500, Chainlink, Ethereum Climb


Bitcoin price remained well bid above the USD 11,100 and USD 11,200 levels. Recently, BTC recovered above USD 11,350, but it is struggling to gain strength above USD 11,500. The price is currently (08:30 UTC) consolidating near USD 11,500 and it might correct lower again. Similarly, many major...

Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers


CWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet...

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