Ousted Bitmain co-founder Micree Zhan fights back
After Micree Zhan was forced out of the company he helped found, the entrepreneur is ready to fight back.
Latest Business News
North Korea suspected of laundering money via HK blockchain firm
North Korea has reportedly been laundering money through a blockchain company it set up in Hong Kong, in a move designed to evade international sanctions.
Crypto exchanges to be treated as brokers under Hong Kong’s new framework
The Hong Kong Securities and Futures Commission has issued the new rules, which will enable operators to become licensed by the regulator for the first time.
Facebook Libra meets fresh challenge from Australian regulators
The Libra Association may have to submit further details about how the asset will operate before Australian regulators will permit a rollout in the country.
The origins of Bitcoin: Satoshi’s Vision
October 31, 2008 will forever hold a special place in the history of Bitcoin, for it was on that date that Satoshi Nakamoto announced the publication of the Bitcoin whitepaper.
US Federal Reserve looking for manager to research digital currencies
The Fed is seeking a manager for its retail payments section, who’ll also be charged with researching on cryptos and DLT.
Blockchain-linked porcelain business catches Chinese regulator’s watchful eye
The company is suspected to have pivoted to blockchain in order to boost stock prices.
Bitfinex drops Kimcoin token sale over ‘regulatory risks’
If regulators are a concern, there is room to be worried about what Kimcoin had in mind with its offering.
Facebook Libra could be responsible for creation of digital euro
The Finnish government also emphasizes in its paper that an EU-wide framework for crypto should be adopted by financial regulators in order to ensure all countries are on the same page.
Turkey digital lira trials to conclude by end of 2020
The blockchain-based digital lira is expected to be issued as part of the 2020 Annual Presidential Program, allowing residents to make instant payments using the digital currency.
Crypto funds in Hong Kong fail to impress regulators
So far, there’s only one firm that could be publicly identified as having received approval, namely Diginex which manages a “fund of funds” product featuring crypto assets.
Ripple lawsuit takes new turn as investors file fresh claims
Ripple is accused of fresh breaches of securities laws by issuing its cryptocurrency, XRP, monthly to general sale and promising prices would rise.
Crypto scam trial of OneCoin lawyer begins in New York
Mark Scott is being tried in a court in New York, accused of routing the proceeds of crypto scam One Coin, amounting to $400 million, out of the United States illegitimately.
The origins of Bitcoin: Before Bitcoin
At the dawn of the era of cryptocurrency, money is taking on a new form yet again as more investors, businesses and consumers turn to blockchain payments and technology.
TonicPow + Streamanity is a winning combo to Earn & Use BSV
By combining the features of TonicPow and Streamanity, the Bitcoin community can create a flurry of BSV transactions that allow people to come in and start earning, potentially being one of the best solutions to the well-known onboarding problem.
DX.Exchange looking for new owner, shuts down operations
The exchange might not resume operations again if it’s unable to find a new owner.
Bitfinex likely manipulated BTC price surge in 2017, paper claims
The Bitfinex cryptocurrency exchange is responsible for the meteoric price jump in BTC from 2017, and not in a good way.
Regulator seizes control of Canadian crypto exchange on verge of shutting down
The Einstein Exchange has been forcefully shut down by the BC Securities Commission after concerns were raised about its operations by users.
‘Worthless’ cryptocurrency operators ordered to pay $4.25M
Nathan Mullins and Blake Harrison Kantor were charged with fraud, basing the allegations on a binary option scam that involved virtual currency that was dubbed as “ATM Coin.”
Bahrain entices fintech startups with fast-track setup process
The new fast-track process will be a free service including a quick entry process that will cover all residency costs, as well as visa requirements and business registration.