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author

Article by Erik Gibbs

Blockvest founder might be headed straight to jail
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22 April, 2020

Blockvest founder might be headed straight to jail

A judge determines that the amount of fraud and lies perpetrated by the blockchain-based asset manager are overwhelmingly impactful.
Users of EOS-based wallet suddenly left penniless as company folds
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22 April, 2020

Users of EOS-based wallet suddenly left penniless as company folds

The EOS Ecosystem wallet app has suddenly gone dark, leaving around $52 million in held funds inaccessible by users.
Consensys blames COVID-19 for layoff of 90 employees
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21 April, 2020

Consensys blames COVID-19 for layoff of 90 employees

Although the Ethereum incubator blames Covid-19 for its troubles, the layoffs aren’t the first the company has made this year.
Singapore regulator exempts airdrops, hard fork ‘windfalls’ from tax
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21 April, 2020

Singapore regulator exempts airdrops, hard fork ‘windfalls’ from tax

New framework introduced by Singapore’s tax authority lists an exemption in tax requirements for digital currency-based airdrops.
Digital currency investor goes after Bitstamp, GateHub over lost millions
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21 April, 2020

Digital currency investor goes after Bitstamp, GateHub over lost millions

Bitstamp and Gatehub face a lawsuit from a Canadian investor after their actions caused him to lose almost $5 million.
Web domain operated by KuCoin locked by order of Singapore court
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18 April, 2020

Web domain operated by KuCoin locked by order of Singapore court

Concerns over the digital currency exchange’s internal operations force courts to take action to prevent assets from disappearing.
Compcoin digital currency busted by the US CFTC as a scam
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17 April, 2020

Compcoin digital currency busted by the US CFTC as a scam

Florida-based Fintech Investment Group and Compcoin LLC never intended to introduce a legitimate digital asset, asserts the regulator.
Libra changes white paper to win over regulators
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17 April, 2020

Libra changes white paper to win over regulators

Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
China blacklists blockchain company accused of offering poor quality products
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17 April, 2020

China blacklists blockchain company accused of offering poor quality products

The state-backed Tus Data Asset firm was distributing medical supplies to combat the coronavirus before the state intervened.
North Korea blasted over cybercrimes in new report
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16 April, 2020

North Korea blasted over cybercrimes in new report

US government agencies publish a report on how far the country will go to steal digital currencies, commit theft.
Maker Foundation faces possible lawsuit over ‘Black Thursday’
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15 April, 2020

Maker Foundation faces possible lawsuit over ‘Black Thursday’

At least one investor is seeking over $28 million after the non-profit blockchain organization allegedly lied when it rolled out...
Bitmain’s lawsuit against former business partners comes to an end
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15 April, 2020

Bitmain’s lawsuit against former business partners comes to an end

The digital currency transaction processing company won its lawsuit against rival Poolin.

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