USDC to embrace tap-and-go payments after Apple opens up NFC

One of Centra Tech’s founders is entering into plea negotiations concerning the company’s fraudulent 2017 initial coin offering. 209 Total views 3 Total shares Robert Farkas is negotiating a plea bargain for his role in the fraudulent Centra Tech initial coin offering (ICO) that commissioned celebrity endorsements from Floyd Mayweather Jr and DJ Khaled.U.S. District…

Kenneth A. Blanco, director of the U.S. Financial Crimes Enforcement Network (FinCEN), has revealed that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports (SARs). The number of complaints now exceeds 1,500 per month, according to him. Blanco’s remarks were made as part of a speech he delivered at the 2018…

The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors. 731 Total views 24 Total shares The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances.As reported…

Bored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this week. Introducing TwelveFold. A limited…

Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan.The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders and seeks to shore up profitability for Monex’s cryptocurrency offerings.Reuters also noted today that Monex had a…

The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to the collapse of three banks. 428 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe United States-based crypto advocacy group Blockchain Association called on financial regulators to provide…

The business model that cryptocurrency exchanges currently use relies on ignorance and fear. It relies on their customers not knowing much about decentralized finance (DeFi) and their fear of what could happen if they get things wrong with their crypto investments. Cryptocurrencies seem like an obscure and risky investment to most, and unsurprisingly, concerns about losing…

White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug reports,…

Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears to be a badge of honor to Cardano Foundation CEO Frederick Gregaard, who said that the network is “boring,” considering the platform’s academic approach.“Cardano is boring. We are boring because we are based