Hacker gets 3.5 years prison for $900K Coinbase login scam: Report

In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized office documentation system. Decentralized, decentralized, decentralized.The overuse of terms like “transparent,” “distributed” and “blockchain-based” soon made most press papers…

The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch.Solid global backingBacked by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the U.S., European Union, Japan, Korea, Hong Kong and Singapore, according to a press release shared with Cointelegraph on…

Hong Kong crypto ETFs’ rise to popularity During a June 28 interview with Hong Kong’s public broadcast agency Radio Television Hong Kong, Peishan Li, chief executive and board member of Hang Seng Investment Management, disclosed that digital asset ETFs listed in the Special Administrative Region (SAR) of China have now surpassed $12 billion Hong Kong…

Bitfarms assumes control of its first U.S. mega-site, marking a significant expansion in its power capacity and mining operations.

Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin has been trading below the $8,000 price mark for the better part of the day but is showing signs of recovery in recent…

A Bitcoin proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end — some 900 miles from his final destination. Thomas Kralow, a crypto trader and educator recently set himself the daring task of traveling from one side of the United States to the other

The co-founder and CEO of one of the best-known Bitcoin (BTC) companies has revealed he is at his most bullish on the largest cryptocurrency in five years.In a series of tweets on Oct. 6, Bill Barhydt, the CEO of payments gateway Abra, highlighted a large number of indicators suggesting incoming BTC price gains.“I’ve never been…

Scammers are likely to use excitement around the Ethereum Merge to launch new scams aimed at newbie crypto users, PolySwam CEO Steve Bassi has warned. The Ethereum Merge is expected to take place within the next 24 hours.Speaking to Cointelegraph, Steve Bassi, founder, and CEO of PolySwarm said these scams could come in the form of…

The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information. 151 Total views 13 Total shares The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating…