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The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an
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The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers.SEC says ICOBox’s digital tokens are worthlessIn a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the
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Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency.Extortion of crypto startupOn Sept. 18, the U.S. Attorney’s Office for the Eastern District of New York, together with the FBI, announced
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Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies.The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business news publication Globes reported on Sept. 18.The company raised $4 million
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NetCents Technology Inc. (CSE:NC) (OTCQB:NTTCF) announced Wednesday that it is accelerating its pace for market adoption and integration through the sign on of its 40th partnership agreement. Doubling its number of partnerships in just over six months reflects NetCent’s aggressive trajectory to accelerate its partner growth and keep pace with merchant adoption
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Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay.On Sept. 18, the CSSF issued a warning about a company going by the name Bitbay Europe S.A. The website alludes to being
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Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business partner. The claim alleged that following Kleiman’s death in 2013, Wright unlawfully appropriated more than a million Bitcoin (BTC)
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The Turkish government announced its plan to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration.The Republic of Turkey’s Ministry of Industry and Technology announced plans for a "National Blockchain Infrastructure" during its Strategy 2023 presentation on Sept. 18 in Ankara, Turkey.Strategy 2023 emphasizes blockchain
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Libra, the cryptocurrency that is expected to be launched by Facebook (NASDAQ:FB) in 2020, has proven to be the biggest disruptor in the crypto sphere since June. Policymakers, central bankers, and even politicians have expressed their skepticism with regards to the project. Relief for Crypto Traders? The announcement in July created massive
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