Cryptocurrency Analysis and News Portal
There’s truly never a dull moment in DeFi. Reports have emerged this week that interest-yielding platform Nexo is pursuing an acquisition of an SEC licensed broker dealer with the intent to offer a “modified version” of the company’s products. How this would impact their current offering is unclear. The move comes
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The government of Sweden has found itself in the unusual situation of paying out around $1.5 million worth of Bitcoin to a drug dealer, whom they convicted and then jailed. Authorities are being forced to pay the man 33 BTC, after his illegally obtained bitcoin appreciated while behind bars. A Swedish Prosecutor’s
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The Swedish government has found itself in the unforeseen situation of paying out around $1.5 million worth of Bitcoin (BTC) to a convicted — and then jailed — drug dealer.Two years ago, the man was convicted in a Swedish court for having illegally earned 36 Bitcoin through online drug sales.
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Evan Ratliff, the author of the book The Mastermind, shares his research on Paul Le Roux, who he believes could be the man behind Bitcoin. Ratliff has pieced together the evidence but admits he fits a story into a narrative, conceding that Satoshi Nakamoto is probably someone else entirely. The mystery
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A 23-year old Singaporean accused of unlicensed Bitcoin (BTC) dealing is set to become the first person to be charged under the city-state’s Payment Services Act.The Singapore Police Force said on June 23 that the woman — whose identity has not been disclosed — had provided a digital payments token
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Paul Calder Le Roux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap. In a last-ditch attempt to avoid incarceration, Le Roux wrote a letter to District Judge Ronnie Abrams, of the Southern District of New York (SDNY), this week
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Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated.After obtaining more than 6,000 BTC by 2017, Collins decided to insure himself against hackers by distributing the cryptocurrency
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Overstock’s blockchain arm tZERO aims to launch its cryptocurrency and digital asset broker dealer service in the first half of 2020.In a letter to investors released on Jan. 30, tZERO CEO Saum Noursalehi provided a recap of the company’s progress over the last year and highlighted tZERO’s goals for
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JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers. Source
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A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time.The plea, order and sentencingPer the Oct. 19 order from a court in Wisconsin, Bania will need to forfeit “Approximately 16.91880054
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