Latest Business News

Police in India shut down cryptocurrency scam
Business 6 June 2018

Police in India shut down cryptocurrency scam

The alleged scam involved the Flinstone Group, a real estate company that allegedly promised to give investors flats and citizenship in Africa and the Caribbean countries. The company also had a cryptocurrency named MoneyTrade Coin.

SEC announces new cryptocurrency chief
Business 6 June 2018

SEC announces new cryptocurrency chief

Valerie Szczepanik has been appointed to the position of associate director of the Division of Corporation Finance and will also be the senior advisor for Digital assets and Innovation.

Binance exec: If ICO bubble bursts, it's a good thing for industry
Business 6 June 2018

Binance exec: If ICO bubble bursts, it’s a good thing for industry

Ella Zhang, head of Binance Labs, indicated that the market continues to be positive, despite declines in trading, thanks to a steady influx of new customers to the cryptocurrency space. However, she pointed out that ICOs are damaging to the integrity of the industry.

Coinbase announces Japanese expansion
Business 6 June 2018

Coinbase announces Japanese expansion

Cryptocurrency exchange and wallet service Coinbase is opening a division in Japan, as part of its ongoing efforts to “accelerate the global adoption of cryptocurrency.”

Slovenia opens first ‘Bitcoin City’
Business 5 June 2018

Slovenia opens first ‘Bitcoin City’

Slovenia, one of the smallest countries in the European Union is certainly not resting on its laurels when it comes to the blockchain and crypto currency space.