CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s […]
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Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is […]
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New York Attorney General continues to push to investigate the alleged multimillion dollar coverup involving Bitfinex and Tether. In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into the companies. Bitfinex and Tether […]
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The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road, Ross Ulbricht. The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts […]
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New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. In a press release published on Dec. 12, both firms took pains to stress that the solution […]
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Legal action against Circle Society and its operator continues, two months after regulators charged both with fraud over an alleged $11 million BItcoin scheme. A United States court has granted regulators a preliminary injunction against an alleged Bitcoin (BTC) Ponzi scheme which reportedly defrauded investors of $11 million. In a filing with the United States […]
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A Pennsylvania man has been charged with conspiracy to commit wire fraud and extortion via a SIM swapping scheme targeting crypto execs and investors. United States authorities have charged a Pennsylvania man with conspiracy to commit wire fraud and extortion via a series of SIM swaps targeting cryptocurrency execs and investors. SIM-swapping — alternatively known […]
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Russia’s largest darknet marketplace is looking to raise $146 million in a token offering that would allow it to go global. Russia’s largest darknet marketplace is looking to raise $146 million in a token offering that would allow it to go global. As Forklog reported on Dec. 11, the token sale is almost certainly illegal […]
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Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds […]
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In comments to mainstream media, the Dallas Mavericks’ billionaire owner seemed uncertain about dismissing Bitcoin altogether, despite previous remarks. One of the most outspoken critics of Bitcoin (BTC) has delivered mixed messages about its reliability as a financial asset. In comments to Forbes published on Dec. 10, Mark Cuban appeared to contradict himself on Bitcoin’s […]
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