Business

South Africa $16M digital currency scam founder declares bankruptcy
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8 July, 2020

South Africa $16M digital currency scam founder declares bankruptcy

The founder of VaultAge Solutions, a South African digital currency scam that stole $16 million from at least 2,000 investors...
Stablecoin transaction volume reaches new all-time high
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8 July, 2020

Stablecoin transaction volume reaches new all-time high

The stablecoin adjusted transaction volume reached $54.9 billion in June, a 13% increase from the $48.2 billion transacted in May.
China’s courts use blockchain to secure electronic door seals
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8 July, 2020

China’s courts use blockchain to secure electronic door seals

Courts in China are using blockchain on electronic seals to enhance security on their property. The seals detect a breach...
Binance blocked from offering derivatives in Brazil
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7 July, 2020

Binance blocked from offering derivatives in Brazil

Binance doesn’t have a license to act as a securities intermediary in Brazil, which means it has been offering derivatives...
Arbitration tribunal removes TAAL from dispute over equipment purchase
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7 July, 2020

Arbitration tribunal removes TAAL from dispute over equipment purchase

The dispute concerned payment and delivery for US$3.9 million worth of hashing equipment used in Bitcoin transaction processing.
Retail investors losing interest in digital currency, research finds
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7 July, 2020

Retail investors losing interest in digital currency, research finds

Retail investor interest in digital currency is far from where it was in 2017—which is good and bad.
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