News

The leader of a prolific cryptocurrency Ponzi scheme, OneCoin, was arrested and charged on Mar. 6th. OneCoin Ltd. claims to have 3 million members—or victims—worldwide and has generated over €3.3 billion in fraudulent sales. In reality, the OneCoin “cryptocurrency” did not use a blockchain at all while it scammed investors out of billions. OneCoin’s Billion […]

Fidelity Digital Assets, a division of Fidelity Investments, is making steady progress towards providing bitcoin trading and custody services for large financial institutions, including hedge funds, pensions, family offices, and endowments. On Mar. 7th, the division announced that their services are live with some of these clients. Fidelity Investments is the world’s fifth largest asset […]

Brave Browser’s ads rewards program is now live, allowing users to voluntarily view ads and earn 70 percent of revenues generated in the form of Basic Attention Token (BAT). On Mar. 8th, Brave announced that its private advertising platform advanced from phase one to phase two, making the Brave Ads feature available to users on […]

MakerDAO, a decentralized autonomous organization that provides crypto collateralized loans, voted to raise interest rates from 1.5 percent to 3.5 percent. The vote is a continuation of two February rate increases in an attempt to curb its Ethereum-backed stablecoin, Dai, from trading below its $1.00 peg. As Dai continues to trade below its $1.00 peg, […]

Monero successfully completed a scheduled protocol upgrade (hard fork) on Mar. 9th. The upgrade includes tweaks to the PoW algorithm for better ASIC-resistance, changes to mitigate big bang attacks, and increased transaction homogeneity to further improve privacy. Monero, one of the leading privacy coins, has successfully completed a scheduled protocol upgrade today. Although the update […]

Colorado is becoming a “hub” for startups looking to use blockchain technology to power their business models. The recently signed-into-law Digital Token Act will exempt utility tokens from certain state securities regulations and make it easier for startups to raise growth capital, crowdfund via cryptocurrency, and sell utility tokens in a clearer and more compliant […]

Former vice president of payments at Starbucks, Maria Smith, promised that Starbucks would play a “pivotal role in developing practical, trusted and regulated applications for consumers” to pay for coffee with Bitcoin. However, tax regulations in the United States are still blocking the way to fulfilling that promise. Accepting Bitcoin Means a Mountain of Paperwork […]

The Supreme Court of Canada granted QuadrigaCX a 45-day extension to recover cryptocurrency assets that went missing after its founder’s death, keeping the exchange safe from creditor lawsuits while the investigation continues into the loss of $190 million in crypto. QuadrigaCX Receives Extension Following the death of its founder and CEO back in Dec. 2018, […]

BitTorrent, one of the most widely used peer-to-peer sharing platforms in the world, has launched three new programs that aim to incentivize the use of BTT coin, the company announced on Mar. 6th. TRON, the company that acquired BitTorrent, plans on leveraging the platform’s “1 billion computer installed base” to encourage adoption of the coin. […]

One Coinbase executive recently said that its partners were “selling client data to outside sources,” stoking privacy concerns. Controversy has been brewing since the exchange’s acquisition of blockchain analytics company Neutrino on Feb. 19th. Purportedly, the founder of Neutrino is also the founder of spyware development firm Hacking Team, a company which was criticized for […]