Following an investigation in China, police have taken in multiple suspects in connection with a supposed blockchain pyramid scheme, Cryptovest reported. According to reports, the schemers said that those who invested 3 million yuan could earn 80,000 yuan per day. Authorities said that 86 million...
A crypto startup that seeks to create a “stable coin” has notched a whopping $133 million funding from some big names, TechCrunch reported. Basis, which is seeking to create a coin whose value will stay at around $1, raised the funds from the likes of...
Before Cambridge Analytica got caught up in a scandal involving the use of Facebook data, it was thinking of raising money through crypto, Reuters reported. According to sources familiar with the plan, the company had reportedly approached a firm that advises clients about structuring initial...
A YouTube broadcaster, who is famous for his reviews of initial coin offerings (ICOs), is reportedly out $2 million due to an apparent hack, The Next Web reported. Ian Balina was reportedly notified of the hack through comments during one of his livestreams. “Ian, did...
Coinsecure, a cryptocurrency exchange based in India, said Monday (April 16) that roughly $3 million worth of bitcoin were stolen from the company’s bitcoin wallet. The number of bitcoins stolen, the company said, comes to about 438. Get the Full Story Complete the form to...
The Litecoin Foundation is making a second attempt at debit cards, City A.M. reported. According to a tweet from the creator of Litecoin, Charlie Lee, the foundation is working with TenX to bring the card to market. Get the Full Story Complete the form to...
The Vietnamese government is calling for a crackdown on cryptocurrency, Reuters reported. Through a directive, Prime Minister Nguyen Xuan Phuc instructed multiple governmental bodies to double down on the “management of activities related to bitcoin and other cryptocurrency.” The news comes after protests over the...
After @bitcoin was suspended from Twitter on Sunday (April 8), the account is back with digs at bitcoin, Bloomberg reported. The owner of the account, who has remained anonymous, apparently prefers bitcoin’s rival cryptocurrency – bitcoin cash – that split from bitcoin. Get the Full Story...
In the U.K., The Financial Conduct Authority (FCA) is working on a discussion paper for digital currencies with the Treasury Committee and the Bank of England, The Independent reported. “Cryptocurrency has been an area of increasing interest for markets and regulators globally,” the FCA wrote...
