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Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its leading investors has also turned against it.

CME Group Bullish on Bitcoin Despite Pullback in Prices

CME Group Bullish on Bitcoin Despite Pullback in Prices

The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

The death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise. More surprising is the position taken by his widow, Jennifer Robertson, who will liquidate personal assets to cover customers' losses.

Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens

Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens

Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.

Cryptopia Users Win New Zealand Ruling Over Locked Cryptocurrency as High Court Declares them "Property"

Cryptopia Users Win New Zealand Ruling Over Locked Cryptocurrency as High Court Declares them "Property"

Clients of Cryptopia exchange will finally get their funds back after a New Zealand high court classifies the rules that they are entitled to their funds.

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!

DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users

DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users

DLive has partnered with Theta Network to offer decentralized video streaming to users.

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.

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