SEC Says Centra Tech ICO Was a $32M Fraud
The startup's co-founders spun a "web of lies" to deceive investors into participating in its initial coin offering, according to an SEC lawsuit.
Venezuela to Start Cryptocurrency Pre-Sale on Feb. 20
Critics say the "petro" is illegal, but President Nicolas Maduro believes it will have a "great impact" on the country's embattled economy.
SEC Halts $600M Bank ICO Scam
AriseBank called itself the first "decentralized bank" and claimed to have acquired two FDIC-insured institutions.
MoneyGram to Test Payments With XRP Coins
The money transfer giant is partnering with XRP owner Ripple, which is betting digital currency will be used as a form of bridge funding.
Kodak Plans Cryptocurrency for Photographers
KodakCoin will serve as the medium of exchange on a blockchain platform designed to track the use of their copyrighted images on the internet.
Bitcoin Trader Accused of $600K Ponzi Scam
Nicholas Gelfman allegedly solicited investors with false claims that he would generate a 7% to 9% monthly return from a fund for trading Bitcoin.
Betting on Blockchain
The widely hyped technology continues to attract converts intrigued by its potential to eliminate the frictional costs of transactions.
Bitfinex Hack Fuels Bitcoin Security Concerns
Experts say the theft of 120,000 bitcoins from the Hong Kong digital currency exchange could spook potential investors.
Lower Supply Seen Pushing Bitcoin Price up
The halving of the reward for bitcoin mining next year will dampen supply, contributing to a possible doubling in the price of the cryptocurrency.
Bitcoin Exchanges to Halt Services in New York
Kraken and Bitfinex are reacting to the state's new regulatory framework requiring bitcoin businesses to pay $5,000 for a "Bitlicense."
Nasdaq Goes Digital With Bitcoin’s Ledger
Stock exchange's private market arm will record transactions into the "blockchain," using Bitcoin tokens.