Binance leads $30M funding round for privacy-centric MobileCoin
Binance Labs described MobileCoin as ‘a mobile-first, user-friendly cryptocurrency which plays a critical role in mainstream cryptocurrency adoption.'
Latest Business News
Gaming giant Nexon in talks to acquire Bitstamp for $350M
South Korean gaming behemoth Nexon is reportedly negotiating to take over Bitstamp, one of the oldest cryptocurrency exchanges in the world.
French central bank wants Europe to work on fiat-crypto exchanges
Bank of France Governor Francois Villeroy de Galhau has made a 180-degree turn on his stance on cryptocurrencies and called for platforms that easily switch between crypto-assets and the real economy.
BaFin-approved German hybrid fund combines crypto, real estate
BITREAL Capital GmBH has been granted authorization by the German Financial Supervisory Authority (BaFin) to market a hybrid cryptocurrency and real estate fund.
Half of Russian ICO funds go to pyramid schemes: report
The Russian Association of Cryptocurrencies and Blockchain (RACIB) reported that around half of the ICO funds in the country that were raised in the past year—amounting to $300 million—have gone to pyramid schemes.
Coinbase money laundering trial to be held in open court
The lawsuit claimed Cryptsy CEO Paul Vernon was able to convert the stolen cryptocurrency through his Coinbase accounts between 2014 and 2016.
IBITX draws SEC ire over questionable crypto operations
IBITX, which operates an over-the-counter exchange, is registered as a New York corporation, but lists its primary place of business as the Philippines.
Ethereum, Ripple tokens could be securities, says former CFTC head
Citing the Howey Test, former Commodity Futures Trading Commission chief Gary Gensler said Ethereum and Ripple tokens could be “operating outside of U.S. laws.”
Financial analyst drags Facebook to court over scam crypto ads
Martin Lewis is suing Facebook in the UK High Court for defamation, claiming the social media network published well over 50 fake advertisements that used Lewis's image to promote a fake product or investment scams.
Why Civic CEO Vinny Lingham isn’t impressed with two-token blockchain projects
Vinny Lingham, the man dubbed as the 'Bitcoin oracle,' criticized that most tokens in existence are, in fact, securities.
Razer bets on virtual currency with $61M MOL Global takeover
Gaming hardware company Razer has announced its intention to take over Malaysian e-payments firm MOL Global in a bid to create one of world's largest virtual credits platform for gamers.
Telegram’s resistance to Russian crackdown takes paper wings
Russia has ordered the company to be blocked in the country, but Telegram’s founder Pavel Durov and the entire community found ways around the system, and many began protesting the court’s action.
Flip-flopping Iran finally goes all in on cryptocurrency crackdown
Is the country shutting down competitors in preparation for their own cryptocurrency?
Third man in Mayweather-backed $32M ICO faces fraud charges
One of Centra’s co-founders, Raymond Trapani, was charged with violating the anti-fraud and registration provisions of the federal securities laws in connection with the 2017 ICO.
Tech firm Xunlei comes under fire over ‘disguised’ ICO
Chinese technology company Xunlei has become the subject of several class action lawsuits from investors who have bought the company’s digital token, LinkToken.
Coinbase blocks Wikileaks Shop, cites ‘violation’ but gives no explanation
The Wikileaks Shop said that Coinbase has suspended their account and banned them from the platform, citing a violation of their terms of service without providing any specifics as to what the violation was.
CheapAir wants your opinion on dropping Coinbase
Coinbase’s decision to suspend custodial solutions for merchants has prompted CheapAir to look at different options like BitPay.
Social media crypto ban ‘only temporary,’ LinkedIn’s Eric Ly says
Facebook and Twitter recently banned ICO ads from their social media platforms, mainly due to fears over backlash if something were to go wrong (such as a $13-million pyramid scam). LinkedIn co-founder Eric Ly, however, believes the ban will be lifted once regulatory issues are better defined.
Delhi High Court responds to CoinRecoil petition
The high court is giving just cause to the cryptocurrency fight in India, issuing a writ against the Reserve Bank of India, the Ministry of Finance, and the Goods and Services Tax Council in response to CoinRecoil’s petition.
Tezos co-founder hit with ban, $2,000 fine from FINRA
Arthur Breitman has been fined by the Financial Industry Regulatory Authority to the tune of $20,000 over a number of false statements he reportedly made regarding his venture whilst he was still an employee of Morgan Stanley.