An ICO fraud case has concluded with a guilty plea. Jared Rice Sr., the former CEO of decentralized bank startup AriseBank and creator of the AriseCoin, has pleaded guilty to cheating investors out of $4.2 million in a crypto scam reportedly guaranteeing double-digit returns.
A bitcoin wallet is another advanced software program where a person can receive, send, and store the bitcoins. Accordingly, in the world of digital currency, bitcoin wallets serve as an equivalent to a bank account where certain transactions are made.
Today is a record moment in US history. The total national debt has surpassed $22 trillion for the first time ever.
The runaway mountain of debt is a terrifying reminder of how fragile the fiat monetary system is. If you want to watch it pile up in real time, visit the US debt clock. It’s a sobering vision of a system out of control.
Stock exchange operator Nasdaq is adding indices for bitcoin and ethereum to its global data service later this month.
Amidst the worst bear market in the 10-year history of the crypto market, Bitcoin traders have pivoted from long-term strategies to derivatives and options.
Mitsubishi UFJ Financial Group (MUFG) – Japan’s largest financial group and the world’s fifth largest bank by assets – is launching a blockchain-based payments network next year.
The blockchain doesn’t disrupt databases, but it disrupts how databases get synchronised between each other.
U.S.-based digital asset exchange Bittrex has announced that it has opened an over-the-counter (OTC) desk, which includes trading on nearly all 200 tokens available on the platform.
Ten years after the global banking crisis, the Swiss financial industry faces its next crucial challenge.
Approach for ICOs
The European Securities and Markets Authority (ESMA) has published its advice to the European Union (EU) institutions on crypto-assets and initial coin offerings (ICOs) regulation, calling for a common EU-wide regulatory approach.