First ICO Fraud Case Ends in Guilty Plea
The first fraud prosecution involving initial coin offerings ended in a guilty plea when a New York man admitted lying to about 1,000 investors. Maksim Zaslavskiy, 39, told a judge he sought to raise money...
Cryptocurrency Miner Canaan Lets Hong Kong IPO Application Lapse
Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese...
Cryptos Are ‘Evil Spawn’ of the Crisis for ECB’s Coeure
“Bitcoin was an extremely clever idea. Sadly, not every clever idea is a good idea,” the European Central Bank Executive Board member said at the Bank for International Settlements in Basel.
Coeure traced cryptocurrencies’ faults...
Bitcoin’s Backers Now Want Acceptance from the System they Sought to Supplant
In the aftermath of the global financial crisis, Satoshi Nakamoto — a digital nom de currency — published a white paper laying out his or her vision for an electronic, peer-to-peer currency that could...
Malaysia’s CIMB, Ripple Partner in Cross-Border Payments
Malaysian lender CIMB Group Holdings Bhd. is signing on to the cross-border payments network run by blockchain technology firm Ripple, the two companies said Thursday.
Ripple’s technology will be used in CIMB’s SpeedSend remittance product,...
The Acting Attorney General Helped an Alleged Scam Company Hawk Bizarre Products
In November 2014, a Miami Beach-based firm, World Patent Marketing, announced the “marketing launch” of a “MASCULINE TOILET,” which boasted a specially designed bowl to help “well-endowed men” avoid unwanted contact with porcelain or...
Crypto-Linked Stocks Drop After Bitcoin Sank to One-Year Low
Shares of several cryptocurrency-related companies in Asian markets fell Thursday, following earlier losses among U.S. names after Bitcoin led a sell-off in digital currencies.
Monex Group Inc., which owns the Japanese exchange Coincheck, and SBI...
Official Google Account Hacked to Promote Bitcoin Scam on Twitter
In the latest in a string of cryptocurrency-related hackings on Twitter, attackers have breached an official Google account to promote a Bitcoin giveaway scam to its over 800,000 followers.
Hard Fork has yet to confirm...
EXMO and GOVERMEDIA Signed The Letter of Intent to Acquire Cryptocurrency Platform
EXMO and GOVERMEDIA PLUS CANADA CORP. signed the Letter of Intent to acquire the cryptocurrency platform. This LOI provides the Company with exclusivity in negotiating the transaction for a period of up to 180...
CEO Ripple Labs: Ripple Is Aiming to Overtake SWIFT
Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the...
