The founders of lending protocol Nuo have announced the launch of a new digital banking platform called Juno, which will be built on top of ethereum. The platform will rely on the Nuo protocol and is set to launch early next year. Juno’s flagship product...
A new phishing sextortion campaign is now asking for ransom demands of alternative coins. “Typical sextortion scams claim to have installed malware on recipients’ systems and recorded their browsing history of adult websites and webcam footage. Ransom is demanded in bitcoin, upon threat of releasing...
The umbrella company running Bitfinex and Tether, iFinex, has been hit with a $1 trillion class-action lawsuit. Plaintiffs say that the actions of iFinex was “part fraud, part pump-and-dump and part money-laundering.” “Together, Bitfinex and Tether manipulated a market that, by design, is supposed to...
Despite the fact that Facebook’s planned cryptocurrency, Libra, has been under intense scrutiny, one crypto-futures exchange is planning for its future. CoinFLEX, which launched earlier this year, is offering physically-settled futures that will deliver Libra tokens if it is live by the end of next...
Walmart has revealed that it is piloting the first use of blockchain to track shrimp supply chains. The retail giant, working with IBM, will track shrimp sourced in Andhra Pradesh and shipped to select Sam’s Club locations in the U.S. Shrimp is India’s largest agricultural...
Andreessen Horowitz announced that it is launching its own crypto startup school “to encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.” Chris Dixon, a general partner at Andreessen Horowitz, told The Block that the school will boast free...
While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line. Because of the dollar’s role as the world’s reserve currency, Harker said he doesn’t “think...
The co-founder of a cryptocurrency hash power broker has been arrested in Germany over charges in the United States that he is one of several hackers who stole millions of dollars. Hard Fork reported that Matjaz Skorjanc, the co-founder of NiceHash, was reportedly taken into...
Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and monthly trading volume is Tether. While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has...
