Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months
Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence because she provided “substantial assistance” to the government.
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Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
The Casablanca Court of Appeal upheld the conviction of 21-year-old French citizen Thomas Clausi for illegal use of cryptocurrency. A crypto user who purchased a luxury car with Bitcoin (BTC) has faced a sentence of 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an…
Samsung Galaxy S10 Now Supports Stablecoins: TrueUSD, Maker, USD Coin
Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins.According to a U.today report on Aug. 30, Samsung’s new flagship smartphone now supports three stablecoins, including TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC).33 cryptos totally supportedAdditionally, Samsung Galaxy S10 now reportedly supports…
Crypto in Court — Overview of the Biggest Lawsuits Worldwide
Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to the world watching current court cases within the crypto industry with extreme scrutiny, as these will likely provide a precedence to…
SpankPay crypto payment service shutters, citing ‘hostile banking environment
SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Own this piece of history Collect this article as an NFTEthereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to…
Bribery gets blocked: Stamping out corruption with blockchain tech
Some of the main functions of government institutions include redistribution of resources and maintaining official records. These are precisely the domains where blockchain technology — with its focus on facilitating secure, traceable transactions and maintaining immutable records to build trust — is well-positioned to make a strong impact.A recent report by Denmark’s Ministry of Foreign…
Bullish Bitcoin traders switch sides and target new BTC lows under $60K
Traders agree that Bitcoin’s short-term price prospects are strongly angled toward the downside.
Ethereum fundamentals signal $2,000 ETH price is closer than it seems
In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs.Although the initial anxiety regarding CME's ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might…
A minster’s look at healthcare: Providing fertile ground for blockchain innovation
The strain placed on healthcare teams and networks over the past few months has been severe, pushing dedicated medical professionals to the limit as they work tirelessly to combat COVID-19 in communities around the world. The crisis has permeated every facet of society, shining a spotlight on the glaring inefficiencies within the traditional global healthcare…