Law enforcement in South Korea arrest crypto scammers with AI help
Scammers were reportedly arrested—with the help of artificial intelligence (AI)—in South Korea after a running a Bitcoin Ponzi scheme for some time.
Articles By Neil Mathew:
Coinbase snags spot on LinkedIn’s popular US employers list
One reason that Coinbase’s appearance on the list is significant is because the company appeared on the list above JPMorgan Chase, also one of the most well-known financial institutions in the world.
BitPanda receives coveted payment service provider license
The Payment and Service Derivative 2 license from the Financial Market Authority Austria allows crypto firm Bitpanda to offer its service in various countries both in the European Union and the European Economic Area.
Atomic Capital enters crypto loan sector with ‘most aggressive’ offer
The company is offering U.S. dollar loans for up to 85% of the value of BTC or ETH pledged as collateral, a vast increase from competitors that offer 50% loans of pledged crypto assets.
Mastermind behind $300M crypto Ponzi scam in India posts bail
Amit Bhardwaj, founder and CEO of GainBitcoin, was supposedly admitted to Apollo Hospital for dialysis treatment recently. His bail has been granted on medical grounds, according to reports.
Japan finds new tech unicorn in crypto trading platform Liquid
Japanese crypto trading platform Liquid has officially hit unicorn status, now with a valuation of over $1 billion following its Series C funding round.
North Korea reportedly using crypto heist money for nuclear weapons
Apt 38 is an elite group of North Korea’s most capable hackers, and they are sponsored by the government, according to reports.
Crypto startup Harmony raises $18M in token presale
The Harmony blockchain aims to be an “open consensus for 10 billion people,” or at least is marketed that way, which is interesting considering that there are not even 10 billion people on Earth currently.
Hong Kong firms offers insured custody service for cryptocurrency
Branding China Group is a trading and asset management firm that is known for its technology investments, but has been diversifying into the blockchain sector recently.
US SEC orders crypto fund Mutual Coin Fund to cease and desist
The SEC is accusing Mutual Coin Fund and its founder Usman Majeed of misrepresenting the amount of money raised, and that the fund had declined significantly—by 62%—as of February 28, 2019.
US securities regulator wants an expert crypto advisor ASAP
While the SEC has yet to offer specific guidelines on cryptocurrency, it is apparently searching to hire a “crypto specialist attorney advisor” quickly.
Swiss publishing house Netzmedien AG offers wages in Bitcoin
The Swiss publishing house announced on Monday that all company employees’ wages will be paid in cryptocurrency instead of fiat currency.