Representatives of the founders of the Centra Tech cryptocurrency project Robert Farkas and Sohrab Sharma are trying to avoid criminal responsibility for their clients by accusing the FBI of illegally taking possession of the details of the correspondence in the Slack messenger. Reported Decrypt. According to them, the methods of law enforcement officers violate the constitutional rights to a fair trial and therefore apply to reject the indictment or other possible […]
Business
The cryptocurrency-oriented merchant bank Galaxy Digital, established by Mike Novograc, suffered losses of $ 273 million last year, The Block reports, citing the company's financial report. The whole 2018 year was hard for the Galaxy Digital. Thus, in the first quarter alone, the bank suffered losses in the amount of $ 134 million. In addition, in November, when […]
Binance Labs, the venture capital division of the Binance cryptocurrency exchange, has invested an unnamed amount in PhishFort, a company that specializes in solutions for protecting against phishing attacks. PhishFort services are focused on companies at high risk, such as bitcoin exchanges, ICO projects and tokens. Exciting news – @BinanceLabs has invested in PhishFort! With the addition of @binance 's […]
The leading rating agency Moody's has published a new report that discusses scenarios for the use of blockchain technology in securitizing financial assets, and describes the possible risks of such an approach. This writes CoinDesk. The authors of the report entitled “Blockchain increases operational efficiency for securitization under the conditions of new risks” also pay attention to the level of security of private blockchains. According to them, the mechanisms […]
The issuer of the Stablecoin Paxos, in partnership with the Ontology platform, will release up to 100 million PAX tokens tied to the American dollar in a 1: 1 ratio, CoinDesk reports. Stablecoins on the new blockchain will be launched next month. According to representatives of Ontology, these tokens will increase the efficiency of transactions to individuals and business structures. Coin Paxos Standard (PAX) was released in September last year. On […]
The world-renowned manufacturer of sportswear and footwear, Nike, sent an application to the United States Patent and Trademark Office (USPTO) to register the Cryptokicks trademark. It has already been published on the site office. The application is primarily noteworthy description of the trademark – based on it, the company intends to release its own cryptocurrency. So, in the application “Cryptokicks” appears in […]
Oriented to institutional investors, the lender Genesis Global Capital, a division within the brokerage company Genesis Global Trading from the business empire of Barry Silbert, processed $ 425 million in cryptocurrency loans in the first quarter of 2019. Since launch in March 2018, a total of $ 1.53 billion has passed through the firm. We’ve been proud of highlight with another huge quarter with over $ 425 […]
Founder MakerDao and CEO MakerDAO Ecosystem Growth Foundation (MEGF) Roon Christensen attempted to usurp power and impose his vision for the further development of the project to the detriment of decentralization, reports The Block, citing informed sources. So, some time ago, in the ranks of the project, an opposition faction called the “Purple Tablet” [the name of the chat in the Signal messenger], headed […]
The leading cryptocurrency exchange and the provider of the eponymous wallet Coinbase decided to close its office in Chicago. About 30 employees will be left without work, said President Asiff Hirji and COO in an interview with the Wall Street Journal. The Chicago unit focused on traders involved in high-frequency trading (HFT), and an increase in activity in this potential could lead to […]
Leading European crypto-exchange Bitstamp and South Korean Korbit can become the property of The Walt Disney Company, one of the largest conglomerates of the entertainment industry. It is reported by Bitcoinist, with reference to the Korea Herald. Currently, Disney is one of the main contenders for a 98.6% share of the largest South Korean game maker Nexon. The latter is one of the key assets of the company […]