US LocalBitcoins Trader Who Offered Fake Real Estate Gets 21-Month Jail Term

Morgan Rockoons engaged in fraudulent activity while already on bail for unlicensed money transmission. United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28. As revealed by the U.S. Attorney’s Office for the Southern District of California, […]

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Indian Banks Consider Promoting Blockchain Tech Use for Payments

Major Indian banks plan to focus on blockchain tech implementation to increase digital transaction quality. The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ […]

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Kudelski Partners With Smart Contracts Auditor Hosho on Blockchain Security Solutions

Cybersecurity firm Kudelski Security has partnered with smart contracts auditing firm Hosho to pool resources in order to provide greater security for blockchain ecosystems. Cybersecurity solutions provider Kudelski Security has entered a strategic partnership with smart contracts auditing firm Hosho in order to provide greater security for blockchain ecosystems. The news was announced in a […]

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US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud

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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Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry

Software company Autodesk CEO said that blockchain can help combat corruption in the construction industry. American software corporation Autodesk CEO Andrew Anagnost said that blockchain could fight corruption in the construction industry, finance and investment news outlet the Australian Financial Review reported Nov. 19. Founded in 1982, Autodesk manufactures software for the construction, architecture, media, […]

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