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Fraudsters Already Attempt to Impersonate the New Bitcoin Futures Platform Bakkt

It appears that crypto fraudsters have already started impersonating the newly-launched Bitcoin futures trading platform Bakkt.Intercontinental Exchange (ICE) launched Bakkt on Monday after being delayed two times in the past. The trading platform facilitates the institutional-grade investors to take positions on the cryptocurrencies through a government-regulated channel. For scammers, that

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LedgerX Claims Ex-CFTC Chairman Stalled Approvals Due to Personal Bias

Cryptocurrency derivatives firm LedgerX alleges that former United States Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo obstructed the approval of its amended Derivatives Clearing Organization (DCO) registration because of personal bias against the firm’s CEO Paul Chou.As Industry news outlet Coindesk reported on Sept. 28, LedgerX made the

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How Crypto Gambling Is Regulated Around the World

The Japanese House of Representatives recently passed new crypto asset regulation affecting exchanges and custodians — the Payment Services Act and the Financial Instruments and Exchange Act. However, the country’s crypto gambling industry still endures strict gambling regulations. “Japan has very strict rules regarding gambling and the same applies to

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Æ Ventures’ Blockchain Accelerator Reaches $1.6M in Investments

Æ Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects, announced that it’s Starfleet Accelerator program surpassed $1.6M in investments and opened applications for the third round.Mentoring and funding for blockchain startupsPer the press release shared with CryptoX on Sept. 26, the third edition

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New Balance to Use Cardano Blockchain to Confirm Product Authenticity

Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to

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Cryptocurrency and Blockchain News From Brazil: Sept. 22-28 in Review

Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more

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Class Action Complaint Filed Against Patrick Byrne and Overstock.com

A new complaint filed in Utah accuses Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson of securities fraud.The complaintFiled on Friday, Sept. 27, the complaint requests a trial by jury, alleging that Byrne designed Overstock.com’s digital asset-based dividend as a means of punishing short sellers, which other

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Crypto News From the German-Speaking World: Sept. 22–28 in Review

The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Industries asking the government to create suitable conditions for

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