Promoters of Iconic Icomtech Bitcoin Scam fined $5m by Californian Court

The U.S. District Court, Central District of California ordered five Individuals to Pay Over $5 Million for the Digital Asset Fraud and Misappropriation Scheme. The development was announced in a press release by the Commodity Futures Trading Commission which revealed relevant details and history of the case. “ The default judgment order finds Carmona, Arellano,…

December 13, 20240Comments

ByMichael Ndu-okeke

News Opinion

The U.S. Needs to Step up and Embrace Blockchain Technology

Distributed ledgers, i.e. blockchain applications and cryptocurrencies are completely separate things, but that doesn't reflect the U.S. budget and intentions. Trump has once again completely ignored the need for the U.S. to begin integrating blockchain technology in the governmental structures of the country. A recent Forbes article reveals how close the U.S. President Trump is to minds…

February 23, 20200Comments

ByZoran Spirkovski

Altcoins News

Updated Rules by the Financial Industry Regulatory Authority (FINRA)

The United States Financial Industry Regulatory Authority (FINRA) has extended the deadline for companies to report their cryptocurrency ventures. The regulatory notice comes at a time when all eyes are set on Libra, Facebook’s crypto initiative. The initial deadline was July 31,2019 but has since been moved to a similar date next year. Despite the growing…

August 12, 20190Comments

ByGrace Muthoni

Altcoins Technology

Ripple and Barclays Pour in $1.5+ Million for XRP Based Remittance Startup

Multiple tech investors, including Ripple and Barclays, have generously spent $1.7 million to support SendFriend, which happens to be a remittance startup. Over the months, we have seen an array of crypto-based ventures in the remittance niche, but in the recent year, SendFriend is the latest and very reasonably funded project. Ripple has always taken a stance to facilitate…

March 9, 20190Comments

ByAzeem Saifi

News

US states compete to become most crypto-friendly while federals seem disarrayed

It is quite reasonable to call 2018, the blockchain year. We have been observing a wave of crypto and blockchain developments in pretty much all sectors. Let it be ICO launchings, Venezuela planning to trade its oil for Petro token, or US states competing with one another to wear the crown for the most crypto-friendly state, the progress (as…

January 6, 20190Comments

ByAzeem Saifi

Altcoins Technology

9th Largest Bank in the US Joins Ripple

Despite being a part of a very shaky niche, Ripple has managed to stand out of the competition and hit a couple of significant milestones in the last few months. From the beginning of 2018, we have been observing that the venture is playing all cards to get itself integrated within the banking sector and…

October 26, 20180Comments

ByAzeem Saifi

Technology

Walmart to Create Autonomous Robots Powered by Blockchain Tech

Walmart is among the finest and largest retail giants in the world right now and even in the past, it has taken incredibly bold steps to revolutionize the industry by bringing in a great deal of innovation. However, their recent move, which features the plan to create a platoon of autonomous robots with the help…

September 10, 20180Comments

ByAzeem Saifi

Technology

US Officials Plan to Test Blockchain for Certificate Tracking

The US Customs and Border Protection Agency has decided to test the advantages of the blockchain in order to substantiate the certificates granted by the Central American Free Trade Agreement (CAFTA) and the North American Free Trade Agreement (NAFTA). Vincent Annunziato, head of CBP’s Division of Business Transformation and Innovation, stated that the organization is live…

August 31, 20180Comments

ByAzeem Saifi

Bitcoin

Bitcoin Under Trump – What can you expect?

When Donald Trump became the President, the Bitcoin speculators got a little shocked because they didn’t know what would happen next. Some people believed that the Trump’s initiatives would be favorable for this cryptocurrency whereas some other believed that it is not. Here is a quick overview of the impact that would be created on…

March 10, 20170Comments

ByLutpin