Another inside job at Shapeshift cost the company nearly $1 million

An employee allegedly used his credentials at Shapeshift to steal from the company. Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov.  “There was significant time lost and legal costs associated with the clean-up,” Shapeshift’s chief legal officer, Veronica McGregor, […]

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African crypto exchange raises $1.5M from Andreessen Horowitz and others

Crypto is truly a global asset class. Showing continued digital asset growth in Africa, Nigeria-based crypto exchange, Yellow Card, has secured over $1 million in investments from a number of players in the crypto industry, including venture capital firm Andreessen Horowitz.  “Yellow Card has raised $1.5 million from investors to help further our expansion and solidify […]

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Russia set to try again with blockchain voting despite earlier setbacks

Initial results appear promising for the Waves-developed e-voting system. Russian telecommunication giant Rostelekom, together with the Russian Ministry of Digital Development and Communications, tested a blockchain-based voting system developed in collaboration with Waves Enterprise. As local news outlets reported, the preliminary test involved 30,000 people who were trying out the platform’s functionality and technical capabilities. […]

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