CoinDelite
New Jersey police have arrested three men who are accused of defrauding investors of over $722 million as part of the alleged crypto Ponzi scheme BitClub Network. Recently the Department of Justice announced that three men have been taken under custody. The announcement stated that BitClub Network promised huge rates of return …
Ugandan police have arrested Samson Lwanga, one of the directors of the cryptocurrency pyramid scheme Dunamiscoins Resources Limited. According to the report, the police arrested Samson Lwanga, one of the four directors of Dunamiscoins. The company is currently running under a cryptocurrency scam. The scam is involved with more than 10,000 people …
Last week, the Reserve Bank of India (RBI), said that it is planning to develop India’s own digital currency in India. According to the conference hosted by RBI, the bank said that it is seriously thinking about developing a sovereign digital currency in the country and will be releasing it appropriately. Therefore, …
Microsoft Azure has announced its new tokenization and blockchain data management services. According to the announcement, the IT service company mentioned the Azure Blockchain Tokens and blockchain data manager. The Azure Blockchain Tokens service intends to simplify the definition, creation, and management of compliant tokens built to industry standards. Microsoft also …
Bank of China has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small businesses with their own blockchain platforms. The bank announced that it has completed pricing and issuance of the bonds for the first period this week and the two-year bond will come to the market with …
A new app India called Smashboard is trying to address some issues such as sexual assault through blockchain technology. The app is founded by Noopur Tiwari, an independent journalist, the app, launched on November 12, known as “digital ally” for women, men, and non-normative gender survivors of sexual abuse. Tiwari …
MUFG Bank, one of Japan’s largest banks also known as the world’s fifth-largest bank, has denied reports which reveal its plans to launch a cryptocurrency in Japan next year. According to the statement from the Mitsubishi UFJ Financial Group Bank (MUFG) states that it didn’t decide whether a recent business partnership would …
LifeLabs, a Blockchain startup has announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). The press release mentioned that the currency is part of a broader initiative to grow the local fin-tech sector and will be presented during the BVI Digital Economy symposium. …
Cisco, the world’s one of Network tech giants has won a patent detailing how it could leverage blockchain to secure the data in 5G telecommunication networks. The company submitted a patent application in June 2018 for a blockchain platform that can be natively integrated into wireless networks. The filing from the U.S. …
American prosecutors have arrested Virgil Griffith, who traveled to the Democratic People’s Republic of Korea (DPRK) to make a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions. According to the announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and charged with conspiring to …
