Over $1M double-spent in latest Ethereum Classic 51% attack
ETC Labs has teamed up with law firm Kobre & Kim as well as blockchain analytics firm CipherTrace to trace the origin of the attack.
Latest Business News
Shitcoins Club ATMs seized by Germany’s BaFin
The German regulator said Shitcoins Club wasn’t licensed to facilitate ‘proprietary trading on a commercial basis.’
Kazakhstan proposes 15% tax on block reward mining
With the coronavirus pandemic weighing heavily on the government’s hand, the tax will assist Kazakhstan in its recovery efforts.
US judge concerned Block.one lawsuit ‘motivated by high legal fees’
The lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
Plaintiffs seek to serve elusive $100M ICO issuers via social media
In a letter to a U.S. court, the plaintiffs claim that they have attempted to trace the founders of Status Network to no avail.
State-owned Sberbank eyes launching Russia’s stablecoin
The “Sbercoin” will be equal to a fixed amount of Russian Ruble and that it will be used for digital financial asset settlements.
Forsage scheme continues despite SEC investor warnings
Forsage has no legal standing to accept investments, or to sell investment products to the public, regulators in the Philippines said.
Tell me the truth about money
Is Bitcoin really any more complicated than other kinds of money?
Telegram is not for sale, founder says
Founder and CEO Pavel Durov has denied reports that he’s in talks with a Russian tech company to offload the embattled Telegram.
The CoinGeek Pulse: Episode 7
This week saw Russia making moves to back digital currency, bringing further developments in the legal position in the country.
Antminer shipping faces delay as Bitmain founders’ row continues
The Antminer Sales Team confirmed all shipments are delayed by three months over “external interference over the company’s management.”
Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards
In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax burdens.
US securities regulator shopping for a smart contract analysis tool
The smart contract analysis tool will detail and analyze code within blockchain and other distributed ledger technologies.
2 Ledger Nano exploits reported in single week
The disclosure comes shortly after it was discovered that Ledger suffered a breach in which 1 million customer data was compromised.
DeFi platform Opyn loses $371K after exploit
The Opyn attacker had a strong understanding of the protocol and the functions that could be used to interact with the protocol, report finds.
Bitcoin for Gambling resource now available on CalvinAyre.com
The Bitcoin for Gambling section offers insights, tips and resources on how BSV can transform your gambling experience.
17-year-old alleged Twitter hacker pleads ‘not guilty’
Florida resident Graham Ivan Clark is accused of being the ringleader of the recent hack of celebrity Twitter accounts.
Fraud victims in China caught operating own scam
A group of fraudsters allegedly launched a digital currency scam in a bid to recover the money they lost to a similar scheme.
French judge orders trial for BTC-e founder Alexander Vinnik
Alexander Vinnik was extradited to France, where he is accused of defrauding over 100 people between 2016 and 2018.
Ripple co-founder dumps millions of XRP daily: research
Jared McCaleb is reportedly selling an average of 1.74 million XRP per day—a 266% increase in relation to his 2019 sales.