Chinese regulator State Administration of Foreign Exchange expanded its blockchain cross-border financing pilot program. Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that […]
Continue Reading
Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin. Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real […]
Continue Reading
Turkey’s president asks for completed testing of the digital lira by the end of 2020 as local fraudsters rake in 600 BTC among crypto news from Turkey this week. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, President Recep Tayyip Erdogan directed the government to finish testing a national central bank digital […]
Continue Reading
Leading stablecoin operator Tether now supports the defense of crypto podcaster Peter McCormack against self-proclaimed Bitcoin creator Craig Wright. Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright. General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. […]
Continue Reading
Co-founder of Riot Games Marc Merrill had his identity stolen by a Singaporian national who used Merrill’s personal information to illegally access $5 million worth of computing power. The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for […]
Continue Reading
Auditors allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology itself. Experts allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology […]
Continue Reading
U.S. authorities have charged a New York man with wire fraud for scamming users in a digital currency scheme dubbed Igobit. The Office of United States Immigration and Customs Enforcement’s Homeland Security Investigations and prosecutors for the Southern District of New York have indicted a man for allegedly participating in a cryptocurrency scheme dubbed Igobit. […]
Continue Reading
U.S. regulators seek to curb binary options scams as they are entering the crypto sphere and becoming more clever. Mainstream finance and cryptocurrency are becoming more closely intertwined with each passing day. Just over a year ago, the idea of centralized financial behemoths trialing blockchain or crypto solutions would have been unthinkable. Currently, cryptocurrency is […]
Continue Reading
The United States Securities and Exchange Commission suspended trading in the securities of 271 issuers this year, including some digital assets. The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. […]
Continue Reading
A U.S. court has ordered defendants in a fraud case to pay over $4 million in penalties for running a scheme with the “worthless” ATM Coin. A New York court has ordered defendants to pay $4.25 million in penalties for investment fraud involving the cryptocurrency ATM Coin. Case first brought by the CFTC in April […]
Continue Reading