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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. дальше »

2018-12-13 23:15


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‘We’ll Be Right Back!’ – Signs Point to Exit Scam For Cryptocurrency Platform Cubits

Users are venting frustration at UK-based cryptocurrency wallet and exchange Cubits after the service went offline following alleged payment delays. Cubits Website Disappears Overnight Cubits, the trading name of Dooga, a company formed in London in 2014, became involved in a legal battle over allegations it was hacked earlier this year, a court ruling in the company’s favor in August. дальше »

2018-12-11 17:30


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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm

BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »

2018-12-8 21:38


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What we know about the ConsenSys layoffs, as told by a ‘fired’ employee

ConsenSys, the blockchain behemoth powering a swathe of Ethereum-related software, is letting 13 percent of its staff go in a bid to retain a sense of viability. The company confirmed what many believed would be inevitable: the exponential growth enjoyed by Joseph Lubin’s decentralized business experiment can’t, and won’t, go on forever. дальше »

2018-12-7 17:43


ConsenSys And South Korea’s SK Group Sign Partnership to Build a Blockchain Business Hub

ConsenSys, the blockchain company created by Joseph Lubin, the co-creator of the Ethereum network, has partnered with SK Group, a huge tech holding based in South Korea. The two companies have recently signed a Memorandum of Understanding (MoU) and will cooperate to create a blockchain business hub in South Korea This new enterprise blockchain development […] дальше »

2018-12-5 23:58


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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »

2018-12-3 19:20


Texas State Securities Board Enforces Emergency Action Against Dubious Crypto-Mining Company

The Texas State Securities Board issued on November 27 an “Emergency Cease and Desist Order” against a cryptocurrency mining and trading business, dubbed My Crypto Mine. ‘My Crypto Mine’ Promised Insane Guaranteed Profits The California-based My Crypto Mine was allegedly offering unregistered securities tied to cryptocurrencies in the state of Texas. дальше »

2018-11-28 15:59


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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum

Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »

2018-11-28 01:21


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Overstock Founder Looks to Blockchain Technology As the Company’s Future

Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while tZero is currently costing the company millions of dollars every month, Patrick Byrne, the chief executive officer of Overstock remains. дальше »

2018-11-26 16:00