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Article by Steve Kaaru

US charges 5 with running AirBit Club block reward mining Ponzi scheme
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19 August, 2020

US charges 5 with running AirBit Club block reward mining Ponzi scheme

The suspects reportedly operated AirBit Club, a scam that allegedly defrauded its investors of over $20 million.
Craig Wright, Jimmy Nguyen join upcoming Baikal Summit 2020
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19 August, 2020

Craig Wright, Jimmy Nguyen join upcoming Baikal Summit 2020

The event will be held on August 27, and will focus on the latest developments in blockchain and what the...
Federal Reserve experimenting with distributed ledger for digital dollar plans
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19 August, 2020

Federal Reserve experimenting with distributed ledger for digital dollar plans

The central bank has been studying and testing DLT for years now and is currently working on a hypothetical digital...
South African firms face sanctions in 2 US states over alleged digital currency fraud
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19 August, 2020

South African firms face sanctions in 2 US states over alleged digital currency fraud

The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to...
Dr. Jürg Conzett, Calvin Ayre headline funding round for Bitcoin SV payment processor Centi
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18 August, 2020

Dr. Jürg Conzett, Calvin Ayre headline funding round for Bitcoin SV payment processor Centi

The Swiss startup facilitates Bitcoin SV payments, enabling merchants to accept BSV through their existing Point of Sale (POS) infrastructure.
Florida tax collector set up blockchain firm with public money: report
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18 August, 2020

Florida tax collector set up blockchain firm with public money: report

A former tax collector in Florida is suspected of using $65,000 worth of public funds to allegedly set up his...
Upbit becomes first exchange to gain 4 licenses in Thailand
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18 August, 2020

Upbit becomes first exchange to gain 4 licenses in Thailand

The licenses will allow Upbit Thailand to offer services in four categories: digital token exchange, digital token broker, digital currency...
Bitcoin Association sponsors Islamic Fintech Week 2020
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17 August, 2020

Bitcoin Association sponsors Islamic Fintech Week 2020

The three-day event will bring together stakeholders, regulators and innovators to chart the future of financial technology in the Islamic...
Boon.Tech blockchain jobs marketplace settles ICO fraud case for $5.7M
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17 August, 2020

Boon.Tech blockchain jobs marketplace settles ICO fraud case for $5.7M

Boon.Tech conducted its ICO from November 2017 to January 2018, raising $5 million from over 1,500 investors, according to the...
Block reward miners in Malaysia caught stealing power
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16 August, 2020

Block reward miners in Malaysia caught stealing power

Authorities said the monthly electricity bill for the locations came to just above $200 despite the block reward mining operations.
Sirin Labs founder in hot water over blockchain phones’ unpaid bills
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15 August, 2020

Sirin Labs founder in hot water over blockchain phones’ unpaid bills

Moshe Hogeg, founder of Sirin Labs, is being sued over alleged unpaid bills for the company’s flagship Finney blockchain phones.
US seizes 300 BTC wallets allegedly used in terrorist financing
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14 August, 2020

US seizes 300 BTC wallets allegedly used in terrorist financing

Terrorist groups allegedly solicited social media users for donations, posing as organizations seeking to help victims of Syria conflict.

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