New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzi scheme BitClub Network. United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement […]
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Traders are watching the XTZ/BTC pair as Tezos price action cools off after a volatile multi-week rally led to a 100% gain. Lately, Bitcoin (BTC) price has been trading in a range that favors bears and this has led traders to shift their focus to altcoins. Interestingly, there has also been some very volatile price […]
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Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows […]
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According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit […]
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The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry. The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. In a press release on Dec. 10, the ICC said that a partnership with Perlin and […]
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Denmark-based cryptocurrency users have begun receiving letters from the local tax agency requesting a full background of all their cryptocurrency transactions. Denmark-based cryptocurrency users have begun receiving letters from the Danish tax agency, Skattestyrelsen (Skat), requesting that traders provide a full background of all their cryptocurrency transactions, sources informed Cointelegraph on Dec. 10. In its […]
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Ugandan police have reportedly seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one […]
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Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts, with one actively-managed fund and another that gives exposure to mining revenues. Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts. The two new funds — Asia Bitcoin Trust I and Atlas Mining Trust I […]
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A sudden surge in selling pressure causes MATIC token to dive from above 550 satoshis to under 200, leading to accusations of insider manipulation staff deny. Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes. In a blog post […]
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Swedish financial regulators have given Swiss crypto firm Amun approval to offer its exchange-traded products to investors in Sweden and the EU. Swiss cryptocurrency financial firm Amun AG has gained permission to offer its products to retail clients in the European Union. In a press release issued on Dec. 10, Amun confirmed it had received […]
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