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Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case

Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case

Nathaniel Chastain, former OpenSea head of product, received a three-month term for digital asset insider trading. Chastain was found guilty of "fraud and money laundering" and earning over $50,000 via NFT transactions. Insider trading in crypto and digital assets is a developing problem, with fines of up to 20 years for each offence.

Visa’s Head of Crypto Makes Argument for Bitcoin Micropayments

Visa’s Head of Crypto Makes Argument for Bitcoin Micropayments

The term “smart contracts” was invented by Nick Szabo, who stated the issues of micropayments and mental transaction costs. These problems were classified as “uncertain cash flows, incomplete and costly observation of product attributes, and incomplete and costly decision making.

Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group

Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group

Chinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group. Tencent released a statement to its employees, stating that the company is currently hiring a new head of the research group.

Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts

Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts

Crypto gets its first bout in the ring with well-known crypto YouTuber Tyler Swope aka Chico Crypto going head to head against Charles Hoskinson Founder of Cardano.

Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product

Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product

Fintech firm, Amun and crypto custodian Bitcoin Suisse and announced today of the launch of its Swiss Franc denominated Amun Bitcoin Suisse BTC/ETH exchange-traded product (ETP). This ETP, a combination of Bitcoin and Ether, has gone live on the Swiss stock exchange, SIX.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

Blockchain Has "Much More to Offer," Says Lufax Head

Blockchain Has "Much More to Offer," Says Lufax Head

During CNBC’s East Tech West conference held in Guangzhou, China, Jun Lu, head of Lufax Technology Center, acknowledged that the optimal potential of blockchain was more exciting than what is offered by cryptocurrencies.

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

Crypto analyst Carl Martin has revealed that Bitcoin is eyeing the $60K price level based on the formation of an inverse head & shoulder pattern.

Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security

Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security

Following the high-profile security breach witnessed in July this year, Twitter has hired former hacker Peiter 'Mudge' Zatko as its new head of security.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

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