Billionaire Stanley Druckenmiller has invested in digital currency
Stanley Druckenmiller, the chairman and president of Duquesne Capital, recently revealed that he has made an investment in digital currecy.
Latest Business News
Canada authorities flex power over digital asset-backed tax evasion
The Canadian Revenue Agency has asked Toronto-based coin exchange Coinsquare for the identity of every one of its clients.
OKBSV pioneers token exchange on-chain
RelayX has launched the second token on the RUN protocol—OKBSV—which is a derivative of actual BSV held on OKEx and FloatSV.
Blockchain revenue down by $2.8B as adoption stalls: report
ABI Research estimates that the blockchain market has lost $2.8 billion in the past two years brought about by the 2018 digital currency winter and the COVID-19 pandemic.
Digital currency not banned in Pakistan, lawyer says
The State Bank has not outlawed digital currency in Pakistan despite claims to the contrary, according to a lawyer for the country’s central bank.
Customs holding back blockchain trade digitalization: WTO report
Customs is currently the “weak link” preventing more widespread implementations of blockchain, according to the World Trade Organization.
Ripple bought over $45 million XRP in Q3
Ripple's Q3 2020 market report shows that the company purchased over $45 million worth of its own digital currency to "support healthy markets."
Digital currency lender Cred files for bankruptcy
Cred, the digital currency lending and borrowing service provider, has filed for chapter 11 bankruptcy due to fraud that impacted its balance sheet.
Beware of CoinGeek imposters
We would like to take the time to remind our audience that CoinGeek is not affiliated with fraudulent websites.
Theory of Bitcoin: The Bitcoin White Paper, second paragraph
Bitcoin is not "secured by cryptography"—that’s important to understand, and you will understand it better after watching the latest "Theory of Bitcoin" episode.
Crypto Crime Cartel: Erik Voorhees, ShapeShift and the Anarchists
There is a rising wave of indictments and litigation finally bringing these exchanges—and their employees—to justice.
CFTC wins $900K lawsuit against digital currency Ponzi scheme
Breonna Clark, who also went by Alexander Pak to her clients, will have to pay $450,302 in restitution to the clients she defrauded.
Mongolian bank will begin offering digital currency services
TDB Bank will offer services including but not limited to digital currency remittance, custody, deposits, loans, and asset management.
Over $1 million permanently locked in DeFi smart contract
An error in the Perfect Finance smart contract has resulted in over $1 million in user funds being permanently locked in a smart contract.
OKEx exchange releases suspended withdrawal update
OKEx has released an update regarding its October 16th decision to suspend withdrawals; the exchange has hired external counsel.
Huobi beset by reports of law enforcement action
Huobi has reassured customers that their assets stored in the platform's wallets were safe, following speculation that Robin Zhu was "under investigation” or had been taken into police custody.
Cayman Islands announces new legal framework for digital currency
The British Overseas Territory recently announced the new regime for virtual asset service providers, with the Ministry of Financial Services publishing a preliminary set of rules with immediate effect.
DoJ seizes $24M in digital currency from alleged Brazilian scammer
Federal authorities said the digital currencies were tied to Marcos Antonio Fagundes, who is facing charges in connection with the scam that defrauded $200 million from investors.
Layer1 mired in legal fight over Texas facility
The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's core assets.
The CoinGeek Pulse Episode 19: US Elections 2020, SEC raises crowdfunding limits, Twetch breaches 1M milestone
In the run-up to the election, experts have weighed in on whether Bitcoin and the digital currency industry will see any changes depending on who wins the Presidential race.