Playboy Files Fraud Lawsuit Against Blockchain Startup

Binance's French unit is under investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering," the Paris public prosecutor's office has confirmed to CoinDesk.Allegations against Binance from French prosecutors "relates on the one hand to acts of illegal exercise" of operating as a digital asset service provider…

In January, a new token is being launched on the ethereum blockchain that will be backed one-for-one by bitcoin. The companies behind the initiative include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. What's more, a number of ethereum-based projects are also reported to support adoption of the token once…

Digital payments firm Strike has established a new headquarters in El Salvador for its international entity that could serve as a beachhead as it expands to more than 65 countries.But Strike says its primary headquarters is still in Chicago, despite regulatory uncertainty that has caused other crypto companies like Bittrex to exit the U.S. market.Strike…

news Crypto software firm AlphaPoint is bringing margin trading to its client exchanges. Announced Tuesday at CoinDesk’s Invest NYC conference, the technology provider is adding support for margin trading, with a raft of trading options and controls for crypto brokerages and exchanges utilizing its software.  AlphaPoint’s platform is customizable, to better serve clients operating in…

NEWSINBRIEF Ethereum developers are quietly planning strategies for advancing the world’s third-largest blockchain, as well as a previously undisclosed upgrade that could boost the capabilities of the technology more aggressively in the short-term. Specifically, the minutes from four private meetings that took place at an ethereum conference earlier this month, refer to an upgrade named “ethereum…

opinion Amir Taaki created libbitcoin, the first alternative bitcoin implementation, and has worked on wallets Electrum and Darkwallet as well as privacy markets and decentralized technologies. Binance, the biggest crypto exchange by volume, was hacked on Tuesday. The hacker took $40 million or 7000 BTC. Binance had a chance to recover these funds. They could cut…

Jun 10, 2020 at 12:59 UTCUpdated Jun 10, 2020 at 13:41 UTCCredit: Koshu Kunii/ UnsplashThe Crypto Community Needs to Stand Up and Fight RacismRobert Greenfield is the CEO of Emerging Impact, a benefit corporation that supports NGOs and government agencies to leverage blockchain technology in social protection. Previously he was head of Social Impact &…

Nasdaq-listed software firm MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), has acquired another 11,931 BTC for $786 million, according to a Thursday morning press release.Led by Executive Chairman Michael Saylor, the company as of the end of April held 214,400 bitcoins. This latest acquisition brings the company's total holdings to 226,331 tokens worth

Matter Labs, the main development firm behind the layer-2 network ZKsync era, has officially disclosed the distribution criteria for its long-awaited ZK token airdrop. According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."Like other layer-2 networks, ZKsync Era pitches itself as a