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Article by Steve Kaaru

US court orders UK man behind Control-Finance scam to pay $572M
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30 March, 2021

US court orders UK man behind Control-Finance scam to pay $572M

Benjamin Reynolds, the founder of Control-Finance, is accused of misleading investors to believe he would invest their BTC, which authorities...
Hut 8 reports 87% rise in net income as it diversifies mining portfolio
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29 March, 2021

Hut 8 reports 87% rise in net income as it diversifies mining portfolio

Despite nearly doubling its net income, the company saw its total revenue drop from $82 million in 2019 to $40.7...
DoJ charges Instagram personality in $2.5M digital currency fraud
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29 March, 2021

DoJ charges Instagram personality in $2.5M digital currency fraud

Jegara Igbara, also known as Jay Mazini, is accused of inducing his victims to send him BTC but failed to...
Digital currency fraud in Canada up 400%, police say
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27 March, 2021

Digital currency fraud in Canada up 400%, police say

Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those...
Token-based social media BitClout raising lots of money—and eyebrows
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26 March, 2021

Token-based social media BitClout raising lots of money—and eyebrows

BitClout brands itself as a social media-based platform where users can buy and sell tokens based on people’s reputations.
Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report
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25 March, 2021

Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report

South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.

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