The US Securities and Exchange Commission (SEC) has sued the founder of now-defunct cryptocurrency exchange BitConnect over its alleged role in fraudulently raising about $2 billion from thousands of retail investors from early 2017 through January 2018 without properly registering with regulators. Founded in 2016, BitConnect launched a digital token called BitConnect Coin that can…
Posts published in “Asides”
EU citizens are getting around to crypto regulation, with several respondents noting that they would prefer national regulation of the nascent industry to an EU intervention. Free from the European Union A recent survey has shown that more European citizens would like their countries’ financial regulators to provide more clarity on digital assets sooner rather…
Bitcoin rewards and payments app Fold would integrate the Lightning Network by the end of 2022. The Lightning Network is a second-layer scaling solution added to Bitcoin's network. The Network enables off-chain transactions and near-instant micropayment processing, alongside enhanced privacy. Fold Partners With OpenNode In an official press release, Fold said it was committed to…
The former boss of a notorious failed health-care startup could face jailA CROWD OF reporters, drawn by the drama and glamour of the event, jostled outside a courtroom in San Jose on August 31st to witness the opening of what may be the next, perilous, act for a woman once touted as the next Steve…
“HI, JUST CHECKING in. Can I put in some more?” The bosses of promising startups are bombarded by such texts these days. Big funds in particular are falling over themselves to grab a piece of the tech pie (see chart). Yet one founder seems to have received more than his fair share of pitches: Ali…
Full vaccination halved this risk by 47%, though partial vaccination was not as effective at this, said the study published in The Lancet.
Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that facilitate cross-border transactions.
Former Russian model Guzel Ganieva claimed that Black raped her in a June lawsuit, prompting his countersuit accusing her of defamation.
Transport authorities told the ride-hailing services to review their use of unapproved drivers and vehicles, as China's regulatory crackdown continues.
Afghanistan central bank board member urges Biden, IMF to release funds