Posts by ccwadmin
DeFi will bring a new golden age for the film industry
With an explosion of video streaming as a result of the COVID-19 pandemic and now around $40 billion locked into decentralized finance protocols, it’s time for decentralized finance and the film industry to meet. Film financing is a cumbersome and inefficient system. Investors are the first to put their money in but last to see…
Read MoreIndictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business – Regulation Bitcoin News
A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek Group, who “sold bitcoin to numerous customers, in exchange…
Read MoreThailand’s crypto market seeks clearer regulations as industry interest peaks
Thailand currently lays claim to one of the more regulated crypto trading markets in the world, with exchanges having to adhere to strict regulatory standards. For example, at the start of the year, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform faced a series of lengthy service outages. …
Read MoreRussian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud – Mining Bitcoin News
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to…
Read MoreTaraxa Wants to Put Every Informal Transaction on the Record, Unveils Details About the Upcoming TGE – Press release Bitcoin News
press release PRESS RELEASE. The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST. The token sale follows the launch of Taraxa’s public testnet and the release of a flagship application, with the main purpose of distributing TARA…
Read MoreJohn McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges – Bitcoin News
Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy Watson with securities fraud. John McAfee Indicted by…
Read More3 million active users help lift Audius (AUDIO) to a new all-time high
As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place. Audius (AUDIO) is one project that is chasing the first-mover advantage…
Read More$1 Million per BTC in 10 Years: 'In Terms of Dollars Bitcoin Is Going to Infinity,' Says Kraken CEO – Markets and Prices Bitcoin News
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of…
Read MoreLaw Decoded: Closing remarks on the future of crypto law, March 5
Editor’s note Ladies and gentlemen, it is bittersweet to welcome you to the final installment of Law Decoded, at least with yours truly at the helm. Though someone may pick this newsletter back up at some point, there are no plans to do so now. Taking advantage of the rose-tinted glasses or maybe the graduation…
Read More99% gone in 60 seconds: How a Polkadot trader may have crashed DOT futures
On March 5, Polkadot (DOT) experienced a flash crash at Binance perpetual futures which resulted in the contract trading as low at $0.20. While this could have been an honest fat-finger trading mistake, a number of indicators point to a planned-attack. While no hard evidence will likely ever emerge, the open interest increase just 24…
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