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Resigned Wirecard CEO Detained by Police as $2.1B Fraud Threatens Company

The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances.As reported by Reuters and many others, Markus Braun, who led the company for the better part of two decades, has been arrested by police in Munich,

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Tokyo Power Company to Use Blockchain for Trading Electricity Surplus

Tokyo Electric Power Company Holdings Inc., or Tepco, partnered with major Japanese trading company Itochu Corporation and started building a blockchain-based system to trade surplus electricity. According to Nikkei on June 18, the new system will be available to households in Japan within three years. The firms plan to collaborate with local governments and start a

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Bitcoin Adoption: Turkish Real Estate Company Records Highest Sale Made With BTC

Antalya Homes, a leading real estate firm in Turkey, announced that the company made a record-breaking sale on one of its properties via Bitcoin payment. Antalya Homes Receives Payment of $1.25 Million in Bitcoin According to a press release on Monday (June 15, 2020), Antalya Homes witnessed an increase in real estate

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