BaFin Orders Gold-Backed Token Issuer and Alleged Ponzi Scheme to Cease-and-Desist

BaFin has issued a cease-and-desist order to Karatbit Foundation to immediately stop unauthorized e-money business in Germany based on the issuance of the KaratGoldCoin. The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany.  BaFin alleges that Karatbit Foundation is issuing […]

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Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal

Gods Unchained blockchain activity far outpaces CryptoKitties at its height in the wake of the public scandal involving Hearthstone developer, Blizzard. Ethereum (ETH) based trading card game Gods Unchained has far outstripped CryptoKitties by volume after a censorship scandal involving game-developer Blizzard. As blockchain research platform Coin Metrics noted on Nov. 12, the past month […]

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