Fake Coinbase website leads to $20M fraud, 5-year sentence

Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18.According to the SEC filing, submitted by enterprise analytics and mobility software provider…

The world's largest cryptocurrency exchange is reportedly being probed by the CFTC over concerns it facilitated crypto derivatives trading for U.S.-based customers. 3715 Total views 19 Total shares Binance, the world’s largest cryptocurrency exchange by trade volume, is reportedly under investigation by the United States Commodity Futures Trading Commission regarding possible trades made by U.S.-based…

Four “young” hackers have been arrested in a cryptojacking case involving over 6,000 computers in what is allegedly South Korea’s “first” known case of its kind, Korean English-language news outlet Aju Daily reports Nov. 8.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.Aju Daily…

This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency research importance, and Coincheck paying out its first Lisk staking reward. Check out some of this week’s crypto…

Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a report from English-language politics blog Caracas Chronicles Dec. 12.First launched as a pre-sale in February, the controversial Petro has been in circulation as one of Venezuela’s two official currencies as of August 20: the second…

The cryptocurrency community is no stranger to accusations of crypto being a bubble. As far back as 2014, media pundits were referring to the bursting of the Bitcoin (BTC) bubble, with a Financial Times article from September of that year even containing the ill-fated prediction, "We’re going to stick our neck out at this stage…

Binance product lead Mayur Kamat says he is passing the baton to “next-gen leaders” to take some time off after years of product work. 130 Total views 1 Total shares Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world.Binance head of product

The Bitcoin mining company is expanding to Texas with new custom-built 'greener' mining devices that will be powered by Intel Bonanza Mine chips. 111 Total views 18 Total shares Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their…