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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
In Apparent Exit Scam CEO Of German Startup Is 'Over And Out' After $50 Mln ICO
The founder of German-based startup Savedroid has allegedly disappeared after raising a reported $50 mln through both an Initial Coin Offering and private funding, according to local news outlet WirtschaftsWoche, today April 18.
Kraken CEO: Crypto Exchange Won't Answer New York AG's Inquiry
San Francisco-based cryptocurrency exchange Kraken isn't planning to respond to the New York Attorney General's newly unveiled inquiry into the ecosystem.
Unpacking the 5 Biggest Cryptocurrency Scams
While the smartest minds have created some game-changing companies backed by the power of Blockchain and cryptocurrencies, nefarious minds have also jumped on the bandwagon, fleecing unwitting investors in elaborate scams.
Chinese Police Arrest 4 Suspects For Alleged $13 Mln Crypto 'Pyramid-Scheme'
Police in China's northwestern city Xi'an have arrested a primary suspect and three accomplices for a suspected cryptocurrency "Pyramid-scheme" that is alleged to have defrauded over 13,000 investors of ¥86 mln, local news reported April 18.
A 'Yelp for Weed' Startup Is Launching Its Own Ethereum Token
Cannabis social networking platform MassRoots is developing a crypto token and other blockchain-based applications for its ecosystem of more than one million users.
Bitcoin Mining Hardware Thief Escapes from Prison
The alleged thief behind Iceland's "Big Bitcoin Heist" has escaped from prison and escaped to Sweden.
US Stablecoin Project Basis Raises $133 Mln From Major VC Firms
The US-based Blockchain project Basis, which claims to provide a non-volatile cryptocurrency or stablecoin, has recently raised $133 mln in funding from big name investors, according to an official blog post published today, April 18.
Disgraced Data Analytics Firm Cambridge Analytica Is Halting Its Plans for an ICO
Cambridge Analytica was responsible for compromising the data from 87 million Facebook profiles.
Energy Giant BP Says It's Tested 'Internal' Tokens
Energy giant BP would consider partnering with blockchain startups that are doing initial coin offerings, and it's even tested tokens internally, an executive said Wednesday.
Banks and the Crypto Industry: Asia
The two biggest crypto concerns of global banks are debt liability from customers who have no protection from market volatility; and security risks associated with unregulated exchanges, such as terrorism funding, scam operations, money laundering and other financial crimes.
Craig Wright Moves to Dismiss 'Shakedown' Bitcoin Lawsuit
Craig Wright, the chief scientist of blockchain startup nChain who once claimed to be bitcoin's pseudonymous creator, has filed a motion in U.S. federal court to dismiss a billion-dollar lawsuit filed against him.
Startup To Solve Major Problems of Gig Economy By Building A Decentralized Network
In early 2018, a team of entrepreneurs in Singapore launched a startup called the Blue Whale Foundation, aiming to overcome the crucial problems of sharing economy, such as high commissions and no employment benefits for the self-employed.
Brazil's Biggest Investment Firm To Launch OTC Crypto Exchange, Local Sources Say
Brazil's largest investment company XP Investimentos is allegedly seeking to launch an over-the-counter Bitcoin exchange, local news outlet Portal do Bitcoin revealed Tuesday, April 17.
Japanese Police Arrest 12 Men For Allegedly Buying $1.7 Mln In Bitcoin With Fake Fiat
Tokyo and Hyogo police have arrested a further five persons in connection with an alleged fraud case involving ¥190 mln worth of Bitcoin, bringing the total number of arrested persons in the case to 12, local news outlet TBS reported April 16.
Crypto Privacy Tokens See Price Lift on Pornhub Deal
The privacy-focused cryptocurrencies are reporting solid gains today, soon after Pornhub announced it will now accept payments in verge's XVG token.
IBM-Backed Blockchain Trial Takes Aim at Advertising's Middlemen
Online advertising has long seemed a ripe target for blockchain transformation.
US: SEC Subpoenas Biotech-Turned-Crypto Company Riot Blockchain
Riot Blockchain, one of the many companies that changed their name to contain the word 'Blockchain' last year evidently on industry hype, has received a subpoena from the US Securities and Exchange Commission, according to a SEC Form 10-K annual report filed Tuesday, April 17.
Crypto Fraudsters Face Jail Time, Warns Philippines Securities Regulator
The Philippines Securities and Exchange Commission has officially warned against 14 cryptocurrency investment schemes seeking to attract consumers in the country.
China's Telecom Giant Huawei Launches Blockchain-As-A-Service Platform
Chinese telecommunications giant Huawei revealed its latest Hyperledger-fuelled Blockchain offering at a conference in Shenzhen Tuesday, April 17.
250 Corporates Join ICICI Bank Blockchain Test
Banking giant ICICI is moving ahead with a previously revealed blockchain trade finance initiative.
Bain, Lightspeed Back First ICO With $133 Million Basis Funding
Announced Wednesday, Basis has raised $133 million in an initial coin offering, a round that featured an all-star cast of investors originally first revealed by CoinDesk back in October.
Cambridge Analytica Planned ICO Before Facebook Controversy: Reports
Cambridge Analytica, the firm that faced much criticism over its misuse of Facebook user data, had reportedly planned to organize its own initial coin offering before the news broke.
The DAO-Over: How DAOstack Is Doing DAOs Right
DAOs were meant to be the complementary governance model for running decentralized applications, with protocols for collective decision-making to keep them heading in the right direction.
Bitcoin Price Defends $8K But Pullback Still in Play
Prices hit a four-day low of $7,823 yesterday reportedly due to whale dumping over $50 million-worth of the cryptocurrency in one Bitfinex trade.
Hedge Fund Och-Ziff Exec Leaves Wall Street To Become Coinbase CFO
The Chief Financial Officer at Wall Street's Och-Ziff Captial Management has left to become the new CFO at major crypto wallet and exchange service Coinbase, according to Coinbase's blog post published yesterday, April 17.
Huawei Unveils Hyperledger-Powered Blockchain Service Platform
Telecommunications and smartphone provider Huawei has become the latest tech giant in China to launch a blockchain-as-a-service platform.
A Never Ending Battle For Mining Supremacy
Since Bitcoin's inception in 2009, cryptocurrency mining has been popular both for average enthusiasts and hardcore fanatics.
Police Bust Alleged $13 Million Crypto Pyramid Scheme
Police in China's northwestern city of Xi'An have arrested the founders of a claimed nationwide cryptocurrency pyramid scheme that allegedly amassed 86 million yuan from over 13,000 people.
Strange Twists And Turns Of Nano And BitGrail Since The $150 Mln Hack
In the end, $150 mln worth of Nano was stolen, and given all the finger pointing, it is still unclear where the fault lies.
Monero's Anti-ASIC Hard Fork Successful Amidst An ASIC Domination Debate
In the days following the much anticipated anti-ASIC hard fork on Monero's network on April 6th, miners who were early to the update managed to double, some even tripled their daily profits by upgrading their machines to match the new network standards.