Sierra Leone is set to create a national, blockchain-based credit bureau. On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the […]
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As investments in cryptocurrency have grown in popularity, and value, security breaches have increased in parallel, with millions of dollars in Bitcoin and other digital currencies stolen from digital currency wallets around the world. In a fintech environment, there are numerous standards that are followed to maintain a level of data security to protect people’s assets. […]
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Israel’s national securities regulator has started using blockchain to improve the cybersecurity of its messaging system. The Israel Securities Authority (ISA) has started to use blockchain to improve the cybersecurity of its messaging system, online newspaper Times of Israel reports today, October 3. The government regulator has reportedly embedded the technology into a system dubbed […]
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South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs by easing regulations. A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, […]
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On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would probably like to forget. Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), […]
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Most people today think of slavery as a barbaric system from a bygone era, but for millions of victims around the world, it continues to be a day-to-day reality. According to research from the United Nations (UN), more than 40 million people worldwide were enslaved as of 2016, mostly through human trafficking rings, which earn […]
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The Securities and Exchange Commission announced Saturday (September 30) that Elon Musk, CEO and chairman of Tesla, and the green car company have agreed to pay a total of $40 million in fines and for Musk to resign as chairman to settle securities fraud charges. In a press release, the SEC said it charged Tesla […]
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From soap actors to former lawmakers, Cointelegraph takes stock of some of the most illustrious arrests of the figures behind crypto’s high crimes and misdemeanours this year. Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses […]
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U.S. judge ruled that crypto tokens are a commodity, yet again. This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what […]
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Pornhub has revealed that less than 1 percent of purchases on its platform are made with cryptocurrencies Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28. Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman […]
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