CEO of Crypto Firm Longfin to Pay $400K in Settlement with SEC

CEO of Crypto Firm Longfin to Pay $400K in Settlement with SEC

An update from the courtroom shows that Venkata S. Meenavalli, the CEO of the embattled crypto firm Longfin, has finally yielded to paying a disgorgement fine of $400,000. The case filed against the supposed cryptocurrency firm last year by the SEC at the US district court for the southern district of New York alleged that Longfin Corp. and its acting chief executive officer misinterpreted their finances and lied to obtain a listing on the Nasdaq….

Read More

Bitmain’s Deposed CEO Micree Zhan Takes Power Struggle to the Courtroom

Bitmain’s Deposed CEO Micree Zhan Takes Power Struggle to the Courtroom

Micree Zhan, the former executive director of Bitmain Technologies Ltd., is yet poised to achieve his goal of ‘restoring order’ in the crypto mining firm. Standing adamantly by his social media post in November last year – when the news of his ousting came out – Zhan is ready to give war to whoever wants war. “If someone wants war, we’ll give them war,” he posted at the time. And the war just got fiercer….

Read More

International Monetary Fund Says the Philippines to Become Key Crypto Market

International Monetary Fund Says the Philippines to Become Key Crypto Market

The crypto community wrapped up the year 2019 with a bit of good cryptocurrency news from the International Monetary Fund (IMF). As usual, the agency released its country report for the just concluded year, 2019, dubbed “Technical Assistance Report – Monetary and Financial Statistics Mission.” Only this time, the paper was focused on the Philippines’ impact on the global crypto industry and vice versa. “The Philippines may become an important market for crypto assets,” says…

Read More

Bitcoin’s Winning Decade: 9 Million Percent Growth in 10 Years

Bitcoin’s Winning Decade: 9 Million Percent Growth in 10 Years

Undoubtedly, the journey has not been all rosy for the world’s most celebrated cryptocurrency, Bitcoin. In fact, Bitcoin’s journey through the last decade was lined with many highs and lows – literally. That said, statistics also showed that the virtual currency grew by 9 million percent in the just-concluded decade. Yes, you read right! An industry based on innovative financial technology ridden with both good and bad players will definitely have its moments. But if…

Read More

China Targets Bitcoin Miners in the Sichuan Province Due to Dry Season

China Targets Bitcoin Miners in the Sichuan Province Due to Dry Season

China is no fan of crypto. But no worries yet as the Chinese government isn’t kicking all the Bitcoin mining farms out of the country. Instead, it is calling for reduced activity in Bitcoin mining farms, especially those located in the Sichuan province. The province of Sichuan has a local government in China. Calling Bitcoin mining in the area to an abrupt stop shouldn’t be a big deal, right? Well, we are not so sure…

Read More

Google Kicks Crypto App Metamask Out of Android Play Store

Google Kicks Crypto App Metamask Out of Android Play Store

Just when we thought that the anti-crypto ban YouTube made recently was a mistake as Google claimed, the technology giant strikes yet again. This time, Google took the banning spree to the Play Store – another extremely popular platform that happens to be the official app store for billions of Android operating system-powered devices across the globe. As with the YouTube witch-hunt, the ban was focused on crypto apps, leading to the suspension and consequent…

Read More

UN Secretary-General: We Must Embrace Blockchain to Achieve Our Goals

UN Secretary-General: We Must Embrace Blockchain to Achieve Our Goals

Although the technology was first made popular with cryptocurrencies, there is a boatload of other potential that blockchain holds. The United Nation’s (UN) secretary-general made this clear in a statement provided to Forbes recently. Known for his pro-blockchain attitude, Antonio Guterres is suggesting that the UN should embrace blockchain in its totality to be able to ‘actually’ achieve its sustainable development goals (SDGs). He states: “For the United Nations to deliver better on our mandate…

Read More

Study: Most Top Universities Offer Cryptocurrency & Blockchain Courses

Study: Most Top Universities Offer Cryptocurrency & Blockchain Courses

In its recent report focused on the adoption of crypto courses in colleges, findings by the major crypto exchange Coinbase show that cryptocurrencies could be the future of money after all. The firm committed to exploring the landscape of cryptocurrency awareness and adoption, released a comprehensive report on the latest survey it has conducted on the adoption of crypto education in colleges. Drawing its data from top 50 international universities, Coinbase was able to infer…

Read More

YouTube Cracks Down on Crypto Videos, Leaving Creators Unnerved and Confused

YouTube Cracks Down on Crypto Videos, Leaving Creators Unnerved and Confused

It is no news that YouTube has been targeted in times past as a host for spreading malware, including those tagged as crypto malware. However, a crackdown on these potentially harmful contents shouldn’t be exclusive to a particular niche. Even more, it should be done with some warning and precaution. Well, none of that happened. In its unique way of spreading cheers and smiles Christmas is known to bring along with it, YouTube spread rage…

Read More

Craig Wright Shows ‘Evidence’ of Satoshi’s Pseudonym in Bizarre Interview

Craig Wright Shows ‘Evidence’ of Satoshi’s Pseudonym in Bizarre Interview

The infamous self-proclaimed Bitcoin founder, Craig Wright, is at it again. The Australian computer scientist is resilient in his pursuit to prove he is the one and only Satoshi Nakamoto. That would be commendable if not that each attempt tends to prove his desperation instead. In a recent hard-to-believe-it’s-not-arranged interview, Wright once again fought so hard to convince himself and the general public that he is the long sought after creator of Bitcoin(BTC)trade Satoshi Nakamoto….

Read More
1 2 3 4 40