Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison

Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property. 6861 Total views 23 Total shares Crypto mining firm HIVE Blockchain Technologies has sold one of its data centers in the Norwegian municipality of Narvik held since 2018.In an announcement today, HIVE said it…

Chainalysis Crypto Incident Response team helped law enforcement trace stolen funds to cash out points and for their subsequent freeze. 310 Total views 22 Total shares On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis,…

The regulator’s recommendation is designed to prevent capital flight amid economic collapse. 431 Total views 3 Total shares The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed at circumventing CBR’s “special economic measures to counter the outflow of foreign currency abroad,” local media reported…

California-based asset manager Reality Shares has become the latest competitor in the Bitcoin hedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at…

The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment.

Federal Reserve Chair Jerome Powell said there needs to be broad satisfaction with the way Facebook is handling regulatory concerns regarding its forthcoming stablecoin Libra. Powell gave his comments in a hearing before the House Financial Services Committee on July 10.Rep. Steve Stivers asked Powell during the meeting, “if Facebook can’t sufficiently answer your questions…

The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

Sentencing for the co-founder of the major crypto scam OneCoin has been postponed for a further three months at the request of the United States government.On April 7, the New York Southern District Court approved a motion to adjourn the sentencing control date for Konstantin Ignatov, brother and accomplice of OneCoin co-founder and current fugitive…

A recent purchase of 10,000 Antminer S-19s has placed Marathon Patent Group on-track to become North America’s largest Bitcoin mining firm by Q3 2021. 2180 Total views 21 Total shares Nevada-based cryptocurrency mining firm Marathon Patent Group has announced the purchase of 10,000 Antminer S-19 Pro ASICs as part of its plan to become the…