Breaking: Caroline Ellison sentenced to 2 years in prison
The former head of Alameda Research will serve her sentence in a minimum-security prison.
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Former Binance Head of Trading Joins CoinFlex As Chief Strategy Officer
Leslie Tam, former head of trading at major cryptocurrency exchange Binance, has joined cryptocurrency derivatives exchange CoinFlex as its new chief strategy officer.On Dec. 16, the Block reported that former Binance executive Leslie Tam is looking to expand his professional horizons at cryptocurrency exchange CoinFlex, where he will explore new possibilities for the company to…

Chinese District Food and Drug Administration to Use Blockchain for Quality Assurance
The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31.Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability…

Coinbase users hit by $46M in suspected phishing scams — ZachXBT
Coinbase users may have lost as much as $46 million to suspected phishing scams over the past two weeks as rising crypto prices continue to attract bad actors to the industry. Scams such as address poisoning and wallet spoofing involve tricking victims into sending assets to fraudulent wallet addresses that closely resemble legitimate ones. According

Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns
Central Bank Digital Currencies, or CBDCs, have been an increasingly popular topic in the cryptosphere and financial world as a whole, especially with the onset of the COVID-19 crisis. In the United States, the need for a universal electronic payment system for stimulus checks gave rise to a proposition for the creation of a digital…

Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests
The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar. Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for…

Former Celsius CEO Alex Mashinsky reportedly arrested
The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. 958 Total views 13 Total shares The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrested on the morning of July 13. The news broke minutes…

German Government to Introduce Blockchain Strategy in Mid-2019
The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag.The document notes that fintech sandboxes are currently…

China’s only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
Conflux Network (CFX) is up nearly 500% in the past week, with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading. What is Conflux Network?Interestingly, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, is the only regulatory-compliant, public and permissionless blockchain in China. Conflux is…