Tuesday, February 25, 2020

Report: Crypto Industry Giants Bitmain and Huobi to Layoff Staff

Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay off staff amid the 2018 price rout of the...

Report: Lazarus Hacker Group Adopts New Methods, Continues Targeting Crypto

Alleged North Korea-sponsored cybercrime group Lazarus is still targeting cryptocurrencies and adopting new tactics, according to a new report from cybersecurity and anti-virus company...

Japan: SBI Group Sets Up Spin-Off to Manufacture Crypto Mining Chips

Japanese financial giant SBI Group has created a dedicated subsidiary that will manufacture cryptocurrency mining chips, the company confirmed in a notice on March...

US FTC Sues Startup for Allegedly Misusing Raised Funds on Bitcoins and Credit Card...

The United States Federal Trade Commission (FTC) is suing a startup for spending its raised funds on bitcoins (BTC) and credit card bills, rather...

South Korean Fashion Platform Joins Terra Stablecoin Alliance

South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies. As South Korean economics-oriented newspaper...

Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool

Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500.  Market visualization. Source: Coin360 Trade war...

US National Pork Board to Pilot Blockchain Tech Following New Partnership

The United States National Pork Board has partnered with blockchain startup ripe.io to test out a blockchain platform for pork supply chains, according to...

Industry Reacts to Mark Cuban’s ‘No Chance’ for Bitcoin Comments

American businessman and investor Mark Cuban believes that Bitcoin has “no chance” of becoming a reliable currency. Amongst other criticisms, the billionaire believes the...

FBI Outline Key Features of Scam ICOs, Warns Investors to Be Vigilant

The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering...

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

Alleged dealer pleads guilty to running a $25 million Bitcoin money-laundering scheme and sale of methamphetamine