CFTC slaps $36M fine on man for 5-year crypto investor fraud

The United Kingdom (U.K.) Office of Communications (Ofcom) has received a £700,000 ($916,00) grant from the Department of Business, Energy and Industrial Strategy (BEIS) to explore blockchain technology, according to an announcement published Oct. 8.The grant will purportedly help the U.K. telecoms regulator examine how blockchain can improve the management of landline telephone numbers.Established in…

A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1.The report dubbed “IFZ FinTech Study 2019” was prepared by the Lucerne University of Applied Studies with an aim to show developments in the fintech industry in 2018…

Venezuelan leader Nicolas Maduro was sworn in for a second term on Jan. 10, amid tremendous hyperinflation, long-lasting political and economic crisis, and strict sanctions imposed by its former partner and oil purchaser: the United States.Since Maduro first took office in 2013, Venezuela has faced several brutal riots, including the “Mother of All Marches” in…

Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended.China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of the two prominent crypto personas.Sources in China confirmed to Cointelegraph that content on Weibo accounts of Justin Sun and Yi He is no…

According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity.

Bitcoin (BTC) is heading for a bullish start to another week’s trading after shrugging off lower levels to hit $11,700.Cointelegraph takes a look at five things that could shape price performance in the coming days after BTC/USD saw little impact from both the Fed and futures settlements last week.Stocks put in higher highsIn a classic…

Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation offering stolen tokens at discounted prices from recent high-profile exchange hacks.Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have pointed to an

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas. 282 Total views 42 Total shares Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June, using the…

Chainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet. 281 Total views 2 Total shares Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal