Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the...
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Engineering Giant Bosch Trials Ethereum Tech as ETH Retraces 5%

Engineering Giant Bosch Trials Ethereum Tech as ETH Retraces 5%

Ethereum (ETH) down 4.8 percent and hanging Bosch, Samsung, and Amazon see potential in Ethereum Vitalik zeroed in on Augur and Kleros as two projects that would eliminate human verification, as Bosch said they are trialing projects in Ethereum. Prices...
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Google Play App Could Allegedly Steal Crypto

Google Play App Could Allegedly Steal Crypto

An app designed for stealing crypto was available on Google Play and reportedly downloaded more than 1,000 times. Crypto and Google Don’t Always Match It’s scary to think that so many people have or had access to a tool designed...
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Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme

Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme

By CCN: The Dutch Fiscal Information and Investigation Service (FIOD) has taken down a cryptocurrency-mixing service, BestMixer.io, in a crackdown involving Europol and Luxembourg authorities. The anti-fraud agency said Wednesday that they had begun an investi...
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Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System

Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System

The University of Tokyo, Toyota and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct the tests. The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. p...
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Cryptopia Exchange Prepares to Release Liquidation Report

Cryptopia Exchange Prepares to Release Liquidation Report

With a June 4 deadline, the report may shed more light on the hack, but it remains uncertain whether the exchange intends on reopening. With a June 4 deadline, the report may shed more light on the hack, but it...
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Brazil-Based Crypto Crime Ring Is Dismantled

Brazil-Based Crypto Crime Ring Is Dismantled

South America has become a huge haven for cryptocurrency. Unfortunately, being a haven for digital currency activity can have a bit of a downside. Crypto Crime Is Still Prominent Recently, a massive cryptocurrency crime cartel in Brazil was shut down...
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Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

CULedger, a blockchain consortium and credit union service organization, has chosen R3’s Corda blockchain. CULedger, a blockchain consortium and credit union service organization (CUSO), has chosen enterprise software firm R3’s Corda blockchain to underpin...
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Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud

Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud

By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik....
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Bitcoin Consolidates – Can BTC Push Above $9k Before a 30% Pullback?

Bitcoin Consolidates – Can BTC Push Above $9k Before a 30% Pullback?

Since Bitcoin broke through the $8k barrier earlier this month it has started to consolidate forming a range bound channel. The correction that so many had predicted did not last long and quickly rebounded back to $8k on Sunday. Now...
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