Business

BTC escrow CEO expected to plead guilty in $7M fraud
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13 July, 2020

BTC escrow CEO expected to plead guilty in $7M fraud

Prosecutors allege Jon Barry Thompson was involved in defrauding two customers through his firm Volantis Market Maker.
Police in China seize $15M in fake digital currency scam bust
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13 July, 2020

Police in China seize $15M in fake digital currency scam bust

The authorities seized BTC, ETH and Tether (USDT) to the tune of $15 million, alongside a McLaren and a Ferrari.
Pennsylvania man with phony BTC holdings pleads guilty to bank fraud
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12 July, 2020

Pennsylvania man with phony BTC holdings pleads guilty to bank fraud

Randall Joseph Smail admitted he used a fake account statement from Kraken exchange to back the loan of over $552,000...
Sri Lanka picks proof-of-concept shortlist for blockchain-based KYC
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12 July, 2020

Sri Lanka picks proof-of-concept shortlist for blockchain-based KYC

Sri Lanka’s central bank is looking for tech firms that can develop a PoC shared KYC platform to be used...
Dogecoin value jumps over 100%, thanks to TikTok
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11 July, 2020

Dogecoin value jumps over 100%, thanks to TikTok

Dogecoin has increased by over 100% in value in the last three days–and it’s all because of video sharing social...
China’s ride-hailing service DiDi signs on to pilot digital yuan
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11 July, 2020

China’s ride-hailing service DiDi signs on to pilot digital yuan

DiDi has entered into a strategic partnership with the People’s Bank of China’s Digital Currency Research Institute to solidify the...
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