French luxury brand conglomerate LVMH is reportedly building a project on JPMorgan’s Quorum blockchain platform. French luxury goods giant Moët Hennessy Louis Vuitton SE (LVMH) is reportedly working with ConsenSys and Microsoft Azure to develop a blockchain platform for tracking its products, crypto media agency CoinDesk reports on March 26. Dubbed AURA, the blockchain-powered platform […]
Continue ReadingThe former CEO of Enron is allegedly meeting with crypto industry experts ahead of his new business venture. Jeffrey Skilling — the former Enron CEO who served 12 years in prison after a 19 count conviction for his part in the firm’s notorious collapse — is allegedly meeting with crypto industry experts ahead of his […]
Continue ReadingThe QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
Continue Reading
The former operator of now-shuttered crypto exchange BTC-e, Alexander Vinnik, has lodged an appeal with a Piraeus court for his release or extradition to Russia. Former operator of now-shuttered crypto exchange BTC-e, Russian national Alexander Vinnik, has appealed with a Greek court for his release or extradition to Russia, local media outlet Kathimerini reported on […]
Continue Reading
The U.S. Attorney for the Northern District of Texas reportedly described Jared Rice’s plea as one of the first of its kind. The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested […]
Continue Reading
A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission […]
Continue Reading
QuadrigaCX’s co-founder Michael Patryn is allegedly formerly known as Omar Dhanani, who operated a credit card fraud scheme in 2002. A co-founder of controversial QuadrigaCX exchange was reportedly involved in multiple criminal activities in the past, Bloomberg reports on March 19. Michael Patryn, who co-founded Canadian crypto exchange QuadrigaCX along with Gerald Cotten in 2013, […]
Continue ReadingThe U.S. National Pork Board will use blockchain to create shared trusted records that address critical food issues in the industry. The United States National Pork Board has partnered with blockchain startup ripe.io to test out a blockchain platform for pork supply chains, according to a press release published on March 18. The collaboration will […]
Continue ReadingFinanciers and investors fear that a “no deal” Brexit could spell “bust” for Ireland and the nations’ blockchain industry. Strong growth has returned to Ireland one decade after the banking crisis and international bailout. But, financiers and investors fear a “no deal” Brexit — in which the United Kingdom leaves the European Union without a […]
Continue ReadingThe former CEO of the now-defunct Bitcoin exchange Mt. Gox has received a suspended jail sentence after being found guilty of tampering with financial records. Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. […]
Continue Reading