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Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi Scheme Members Still Wanted The Supreme Court of Tatarstan,
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Four years after forking from Bitcoin, privacy-centric blockchain network Zcash has completed its first halving and rolled out a major upgrade that does away with the unpopular “Founders Reward.”At 12:37 UTC, Zcash passed block height 1,046,400 to trigger the event that cuts miners’ rewards from 6.25 ZEC to 3.125 ZEC.A
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Vincent, a sort of search engine for alternative investing, is fielding a massive demand for crypto as the platform launches out of beta with $2 million in funding.“Between October and November alone, investors looking for digital assets have grown 80%,” said Slava Rubin, Vincent co-founder and executive chairman. “Considering digital
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In October, the Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice (DOJ) filed enforcement actions against the entities and individuals that own and operate the Bitcoin Mercantile Exchange (BitMEX), a trading platform for cryptocurrency derivatives. The CFTC alleges that since 2014 BitMEX has operated an unregistered trading platform
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The founders of digital payments processor Payza will serve year-plus prison terms and forfeit $4.5 million in seized assets for breaking federal money transmission laws, the U.S. Department of Justice said.Brothers Firoz and Ferhan Patel, both Canadian, had pleaded guilty in July to a lineup of financial crimes stemming from
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Cryptocurrency deposit withdrawals are still suspended at the OKEx exchange following a founder’s recent arrest, but officials with the Malta-based company are moving ahead with other matters, including planning around an upcoming hard fork on the Bitcoin Cash blockchain. Source
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“I would call this the ‘moving fast as hell’ era,” Robert Leshner said of decentralized finance (DeFi) right now.CryptoX spoke to Leshner, founder of the Ethereum-based money market Compound Labs, and Tarun Chitra, of crypto financial modeler Gauntlet Network, about the new fund they are running together.It’s the second fund
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The sudden takedown of BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.On Thursday, the U.S. Commodity Futures Trading Commission (CFTC) and Department of Justice (DOJ) served the Seychelles-based crypto derivatives exchange with a slew of charges, arresting CTO Samuel Reed and seeking out CEO (and admitted
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Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi.On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix respectively about: Disclosure Read More The leader in blockchain news, CoinDesk is
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Digital advertising company Bidooh has taken two of its former co-founders to court on accusations they stole company software. Bidooh COO Vicki Simms said in the group's official Telegram chat on Jan. 20 that the platform had been "seriously tampered with" and that the company had taken legal proceedings against
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