Business

Tezos settles ICO lawsuit for $25 million
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2 September, 2020

Tezos settles ICO lawsuit for $25 million

No settlement money, however, will be distributed to ICO investors who profited off of their Tezos investment.
Maryland firms charged in $28M scam targeting African immigrants
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2 September, 2020

Maryland firms charged in $28M scam targeting African immigrants

Three Maryland-based firms and their operators are facing fraud charges after allegedly scamming $28 million from over 1,000 investors.
Here’s why Bitcoin is automatically FCA compliant
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2 September, 2020

Here’s why Bitcoin is automatically FCA compliant

The FCA’s proposal will require digital currency service providers to make significant operational changes so that they can be compliant.
China’s 2nd largest bank briefly launches CBDC wallet—then disables it
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2 September, 2020

China’s 2nd largest bank briefly launches CBDC wallet—then disables it

The China Construction Bank briefly rolled out the feature over the weekend, allowing users of its mobile app to access...
North Korea’s BeagleBoyz hackers tied to digital currency exchange hacks
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2 September, 2020

North Korea’s BeagleBoyz hackers tied to digital currency exchange hacks

BeagleBoyz has reportedly resumed its activities in February 2020, targeting international money transfers and ATM cashouts.
Russia watchdog blocks digital currency websites in fresh crackdown
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1 September, 2020

Russia watchdog blocks digital currency websites in fresh crackdown

BestChange.ru, an aggregator of Russian over-the-counter (OTC) platform providers, was the first to reveal the new ban.
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