The Calgary Police Service Cybercrime Team has asked the public to assist in the identification of four individuals allegedly involved in multiple fraudulent Bitcoin transactions. Canadian police are seeking information on individuals alleged to be involved in defrauding Bitcoin (BTC) ATMs (BTMs), according to an announcement published by the Toronto Police Service on March 13. […]
Continue ReadingThe Basel Committee on Banking Supervision believes that cryptos are unsafe to rely on as a medium of exchange or store of value. International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13. The BCBS is a committee of banking supervisory authorities hosted and […]
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The partnership will focus on developing new blockchain-based solutions for the credit union industry. Tech giant IBM is partnering with blockchain consortium and credit union service organization (CUSO) CULedger to develop new blockchain-based solutions for the credit union industry. The development was announced in a press release shared with Cointelegraph on March 11. IBM and […]
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In major news this week, university students seem to be making a profit mining crypto, and Jack Dorsey buys $10,000 of BTC a week. Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry […]
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The SEC is still wary of ICOs, but recent changes to its guidelines show it’s learning to accept them. Initial coin offerings (ICOs) may be less fashionable than security token offerings (STOs) right now, but that hasn’t stopped the United States Securities and Exchange Commission (SEC) from keeping its beady eye trained firmly on them. […]
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Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of fraud in connection with the recent coinburn. Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of acting in a fraudulent manner in regards to their delisting from the exchange following a planned coinburn. The accusations are portrayed in a letter written on Feb. 26 […]
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Morgan Rockcoons, the CEO of crypto city project Bitcointopia, pleaded guilty to selling land he didn’t have. Morgan Rockcoons, also known as Morgan Rockwell, has pleaded guilty to two cryptocurrency-related charges in San Diego federal court this week. Rockcoons admitted both to selling land he didn’t have for a crypto city project dubbed “Bitcointopia” and […]
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А U.S. District Attorney has charged the founders of a crypto pyramid scheme that involved the marketing of a fraudulent digital currency “OneCoin.” A United States District Attorney has charged the founders of an international cryptocurrency pyramid scheme that involved the marketing of an allegedly fraudulent digital currency called “OneCoin.” The announcement was published by […]
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Australia’s financial watchdog has shut down the operations of two crypto exchanges in connection with a drug trafficking case. The Australian anti-money laundering watchdog has suspended the registrations of two cryptocurrency exchanges in connection with a drug trafficking case, the agency announced in a press release on Friday, March 8. The Australian Transaction Reports […]
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The Secretary of the Commonwealth of Massachusetts is reportedly creating a fintech advisory group. The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7. The office of Secretary William Gavin has reportedly formed […]
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