Thai stockbroker pleads innocence in $24M crypto scam
A Thai stock investor who has been linked to the $24 million cryptocurrency fraud case has claimed to be victim of the scam himself.
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Bakkt’s crypto platform to set new standards for market, CEO says
Bakkt is a joint project between International Exchange (ICE), which operates the New York Stock Exchange, and several big name companies including Starbucks, BCG and Microsoft.
South Korean businessman falls victim to crypto-fiat scam
A cryptocurrency transaction went sour for a South Korean businessman, who reportedly lost $2.3 million in BTC after the offline peer-to-peer exchange he was dealing with allegedly gave him fake fiat currency.
Crypto exchanges join Winklevoss brothers in self-regulatory group
A group of crypto exchanges have decided to band together to form a self-regulating organization called the Virtual Commodity Association (VCA), with the backing of the Winklevoss brothers' Gemini exchange.
Crypto market daily report – August 21, 2018
The cryptocurrency market appeared to be in a state of flux with most coins experiencing sharp downturns.
Alleged video game hacker ordered to pay bail in crypto
A federal judge in the United States has ordered a Serbian-Italian national to pay the equivalent of $750,000 in cryptocurrency for his bail.
MobileGo threatens to sue people criticizing its operations
Sergey Sholom, CEO of eSports cryptocurrency token MobileGo, has threatened to sue investors and anyone else critical of the company, saying that "all the immature and ridiculous demands will be redirected toward our lawyers for appropriate response."
Adult website Tube8 will pay you crypto for watching porn
Customer reward has taken a new turn as adult entertainment platform Tube8 teamed up with Vice Industry Token to pay its customers cryptocurrency for watching videos on the site.
SBI invests in crypto exchange currently being monitored by regulators
SBI Group, one of Japan’s largest financial institutions, is backing a cryptocurrency exchange that is being watched by the country’s Financial Services Agency (FSA).
Aussies can now pay their bills with crypto
The cryptocurrency exchange Cointree has joined forced with automated billing platform Gobbill to launch a platform that allows Australians to pay almost all of their bills with crypto.
11 South Korea crypto exchanges complete ‘short term’ security measures: gov’t
Of the 21 crypto exchanges, gov’t officials said 11 have completed the short-term measures. Eight exchanges—Upbit, Bithumb, Korbit, Coinnest, Coinlink, Coinone, Coinplug, and Huobi Korea—have also improved their wallet management systems, according to South Korea government.
21-year-old ‘prolific Bitcoin dealer’ indicted on money laundering charges
Jacob Burrell Campos, 21, was arrested while he was entering the U.S. from Mexico at the Otay Mesa Port of Entry in connection with a 31-count indictment, according to U.S. authorities.
Chinese police arrest hackers in $87M crypto theft
Three hackers who allegedly stole 600 million yuan ($87.6 million) in cryptocurrencies have been detained by police in the city of Xi’an in Northwestern China.
Chief of BitConnect’s Asia operations arrested at Delhi airport
Divyesh Darji, reportedly the head of BitConnect India, was taken into custody after he arrived from Dubai, according to local media outlets.
Huobi teams up with 5 companies for new digital trading platforms
Huobi said it has selected five firms—Yatai International Holgding Group (Philippines), Vnesheconombank (Russia), Chi Fu Group (Taiwan), Asia International Finance Holdings (Indonesia), and Dbank Group (Canada)—which are looking to develop their own trading platforms.
Disgruntled ICO investor takes Unikrn to court
Unikrn, an esports betting startup based in Seattle, has been slapped with a class action lawsuit by an investor who accused the company of breaching U.S. securities laws during its initial coin offering (ICO) in 2017.
Uber shareholder Softbank denies Bitmain investment
Japan’s Softbank, which owns a 15% stake in Uber denies the report about the investment in the mining company Bitmain.
FINRA warns against ICOs offerings SAFTS
The Financial Industry Regulatory Authority (FINRA) has raised the alert for ICO that promote an adoption of SAFT in an effort to try and convince investors that they are offering a security or are in compliance with regulatory guidelines.
Coinbase makes Bitcoin purchases more secure with new patent
U.S. cryptocurrency exchange Coinbase has secured a patent for protecting a method of making Bitcoin purchases much more secure for its customers.
Pantera launches third crypto fund with over $71M already committed
The fund, known as “Venture Fund III,” raised the money from over 90 different investors, topping $71.4m since it first opened on July 31, according to a Pantera filing with the U.S. Securities and Exchange Commission.