Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures. Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures. The news was reported by local media […]

Continue Reading

Mainstream Media Corp. Thomson Reuters Patents Blockchain System for Identity Management

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system. Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal. The patent, originally filed on Dec. 22, 2015, describes a system providing […]

Continue Reading

Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme

Authorities fed information about related schemes to an “AI Investigator” as part of a sting operation to catch the scheme’s two perpetrators. South Korean police have arrested suspects behind a cryptocurrency ponzi scheme using artificial intelligence (AI), local English-language news outlet Korea Joongang Daily reported on April 8. The scheme, which reportedly stole a total […]

Continue Reading

Bipartisan South Korean Lawmakers Call on Gov’t to Ease Crypto, Blockchain Regulation

A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation. A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology. The news was reported by local English-language newspaper the Korea Herald on April 7. Notwithstanding the ruling Democratic […]

Continue Reading

Hodler’s Digest, April 1–7: Top Stories, Price Movements, Quotes and FUD of the Week

This week, PayPal ventured into blockchain for the first time, and Coinbase turns to cross-border payments. Top Stories This Week PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First Global online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more […]

Continue Reading