Bitcoin core developer Jeff Garzik has been subpoenaed to appear in court in connection with a $4 billion lawsuit against Craig Wright. Software engineer and Bitcoin (BTC) pioneer Jeff Garzik has been subpoenaed by a United States District Court in connection with the $4 billion lawsuit against Craig Wright, according to a document Garzik posted […]
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. […]
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Dubai-based crypto firm ABBC Foundation agreed to stop using name “Alibaba” after legal action by Chinese e-commerce giant Alibaba Group. Dubai-based crypto firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11. The decision from ABBC Foundation […]
Continue ReadingThe top 20 cryptocurrencies are reporting minor losses as Bitcoin hovers over the $3,850 mark. Sunday, March 3 — the top 20 cryptocurrencies are reporting minor losses on the day to press time. Bitcoin (BTC) is hovering just over the $3,850 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is […]
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U.S. District Judge Phyllis Hamilton has ordered that the ongoing securities lawsuit against Ripple will stay in federal court. An ongoing securities lawsuit against payment startup Ripple will stay in federal court, per a recent ruling. The news was announced by lawyer Jake Chervinsky in a tweet on Mar. 1. “The Court has denied the […]
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Former CEO of now-defunct Bitcoin exchange Mt. Gox was denied his motion to stay a U.S. lawsuit against him. Former CEO of now-defunct Bitcoin (BTC) exchange Mt. Gox, was denied his motion to stay the United States lawsuit against him in light of rehabilitation proceedings in Japan, fintech news agency FinanceFeeds reported on March 1. […]
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New York citizen Randall Crater has been charged with the development of an allegedly fraudulent cryptocurrency “My Big Coins” and marketing it to investors. The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a wire fraud and unlawful monetary transactions. The DoJ announced […]
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U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]
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Mt. Gox may have crashed the Bitcoin price in 2018 by dumping $321 million on an exchange. The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) throughout February and June of 2018 through a Japanese exchange called BitPoint. GoxDox, an organization that was established to assist Mt. Gox creditors, […]
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SIM swapping has come into the spotlight in recent months after a number of high-profile arrests. Cryptocurrency crime trends have been in the spotlight in recent weeks, but SIM swapping has been strangely absent in a number of reports on 2018. Cryptocurrency analytics companies CipherTrace and Chainalysis released two different reports focusing on the major […]
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