Israeli police and the United States Federal Bureau of Investigation have arrested at least two men and reported others. Israeli police and the United States Federal Bureau of Investigation (FBI) have arrested at least two men and reported others in a takedown of a bitcoin-enabled dark web listings site, the Israeli police force announced in […]
Continue Reading
Crypto markets have evidently tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Wednesday, May 8 — having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are […]
Continue Reading
Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance. Austria’s Raiffeisen Bank International (RBI) has announced it will pilot R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 8. As previously reported, Marco Polo — which is […]
Continue Reading
The IEO will begin as a private token sale lasting through May 11, with a public phase to follow at Bitfinex’s discretion. Embattled cryptocurrency exchange Bitfinex confirmed it would conduct a $1 billion so-called initial exchange offering (IEO) in a whitepaper issued on May 8. Bitfinex, which faces ongoing legal scrutiny from authorities who accuse […]
Continue Reading
The purported crypto ban represents the latest shaky step for the Indian government. A blow was struck to the crypto community in India in late April as reports circulated regarding a proposed ban on cryptocurrencies. India has a strong and passionate community of crypto enthusiasts, however, their steadfast belief in the value of cryptocurrency does […]
Continue Reading
Chinese cryptocurrency mining giant Bitmain’s hashrate has noticeably dropped in the past 30 days. Chinese cryptocurrency mining giant Bitmain’s hashrate has noticeably dropped in the past 30 days, according to the company’s hashrate disclosure update as of May 7. Per the data analyzing the hashrate of all Bitmain-owned hardware, updated once every 30 days, the […]
Continue Reading
Turkish Bahçeşehir University has reportedly opened a blockchain center at Boston’s Northeastern University to provide informational support on the technology. Turkish Bahçeşehir University (BAU) has reportedly opened a blockchain center at Boston’s Northeastern University (NEU) to provide informational support on blockchain technology, Daily Sabah reports on May 7. Apart from informational support, the BAU–NEU Blockchain Laboratory’s […]
Continue Reading
Hackers gained access to Binance crypto exchange and took 7,000 bitcoins. Binance, one of the largest cryptocurrency exchanges by daily trade volume, has experienced a major security breach on May 7, according to a statement shared with Cointelegraph on May 7. Per Binance, hackers employed a variety of tactics including phishing and viruses to obtain […]
Continue Reading
Former OneCoin investor Christine Grablis is suing cryptocurrency firm OneCoin Ltd for fraud. Former OneCoin investor Christine Grablis is suing the cryptocurrency investment scheme for fraud, according to a complaint filed on May 7. Grablis is seeking damages and a class action suit to represent other investors purportedly defrauded by OneCoin. The full list of […]
Continue Reading
Peter Grosskopf, CEO of the global alternative asset manager Sprott, has posited that blockchain technology will make gold a more valuable and practical asset. Peter Grosskopf, CEO of the global asset manager Sprott, has posited that blockchain technology will make gold a more valuable and practical asset, according to an interview with Kitco News on […]
Continue Reading