Texas: the CEO of a “decentralized bank” crypto firm accused of defrauding investors out of over $4 million was arrested by the FBI. The CEO of cryptocurrency firm AriseBank was arrested by the FBI Nov. 28 on charges of defrauding hundreds of investors out of over $4 million. The news was reported in a release […]
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A California federal court judge ruled that “at this stage” he could not “determine” whether blockchain firm Blockvest’s BLV tokens were securities. A U.S. court has dismissed claims from regulator Securities and Exchange Commission (SEC) against decentralized blockchain-based assets exchange Blockvest, court documents released Nov. 27 confirm. The SEC suspended Blockvest’s Initial Coin Offering (ICO) […]
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sponsored Crypto hardware is rarely glamorous – but one company has taken a leaf out of Apple’s playbook by creating a sleek wallet for storing digital assets. A platform which aims to demystify crypto and bring it to the masses through a suite of blockchain-driven financial services has launched its latest product: a hardware wallet […]
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The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. […]
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Decentralized social networking platform Steemit has laid off over 70 percent of its staff following the recent market crash. Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO […]
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sponsored A startup has the ambition of building an AI that can pass the Turing test by creating a system where humans can intervene if it doesn’t know the answer. Artificial intelligence has come a long way in recent years, but there is still one milestone which is yet to be achieved: passing the Turing […]
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Swiss-based SIRIN Labs will start shipping its first blockchain-enabled FINNEY phone tomorrow, Nov. 29, at a retail price of $1,000. Blockchain–focused electronics supplier SIRIN Labs will ship its first blockchain-based smartphone tomorrow, Nov. 29, U.S.-based IT and business tech magazine Computerworld reports today, Nov. 28. Following a funding round that raised $157 million in an […]
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The Securities Commissioner of the State of Texas has issued an Emergency Cease & Desist Order against My Crypto Mine and its principal. The Securities Commissioner of the U.S. State of Texas has issued an Emergency Cease & Desist Order (C&D) against crypto investment firm My Crypto Mine and its principal Mark Steven Royer, published […]
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Crypto research firm Messari has launched a disclosure registry for crypto assets in a bid to make the industry more transparent. Cryptocurrency data and research company Messari is launching a disclosures registry for basic cryptoasset information, according to a press release published Nov. 27. Messari is a New York-based startup, which provides insights, markets data, […]
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Popular stablecoin Tether resumed deposit and redemption of USDT to fiat, while affiliate firm Bitfinex added Tether-fiat trading pairs. Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27. Tether announced the direct redemption […]
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