QuadrigaCX Trustee Says Not Enough Funds To Pay Claims
It seems that the troubles of the defunct QuadrigaCX crypto exchange are not yet over, as the creditors of the exchange have made $171 Million in claims. However, the consulting firm EY, who were named trustees of the exchange say there
China Construction Bank Tokenizes $3 Billion in US Debt
Invest ETH On The Blockchain We’ve seen blockchain technology usher in some amazing things, especially when compared to traditional financial options. The meteoric rise of Decentralized Finance (DeFi) now allows for investor to garner almost unheard of gains. Now, even traditional banks
Crypto Lending Platform Cred Files Bankruptcy
On November 7th, U.S. based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection, which leaves many of the platform’s customers worried about the safety of their funds. Based on the court document filed by Cred’s legal team, the estimated
Crypto Exchange Founder is Large Biden Campaign Donor
To say that this year’s U.S. Presidential elections are crazy would be an understatement. There have been all kinds of lies fraud and unrest surrounding this campaign. Here is just another piece of the crap pie that is the 2020 election
$24 Million In Crypto Seized By Government Officials
The U.S. Department of Justice has confiscated cryptocurrency worth of $24 Million from a Brazilian crime cartel on behalf of the Brazilian Government. The cartel has garnered about $200 Million from their fraudulent activities which including scamming their victims. In one
Coinbase Launches Crypto Debit Card for U.S.
Crypto.com-Spend Your Bitcoin Get a Crypto Debit Card in U.S. Cryptocurrency debit cards can make the mainstream adoption and use of cryptocurrency a reality in today’s world. We have seen more and more crypto debit options during the course of 2020. We’ve reported
Singapore’s Largest Bank To Launch Fiat-to-Crypto Exchange
According to a recent report, the largest bank in South East Asia, DBS Singapore, has concluded plans to launch its fiat-to-cryptocurrency exchange called “DBS Digital Exchange.” The exchange will be regulated by Singaporean monetary authority. Once launched, the trading platform will
Scammers Hack Trump Campaign Website
One thing is for certain regarding this years U.S. Presidential elections… there is no shortage of crazy news and mud being slung all over the place. We recently reported about crypto users betting on the outcome of the election, but
Early Bitcoin Mixer Fined $60 Million
According to a recent announcement by the US Treasury's FinCEN (Financial Crimes Enforcement Network), the owner of early Bitcoin mixers Helix and Coin Ninja was fined $60 Million. The founder, Larry Dean Harmon, was accused of using his mixing services for
Filecoin Miners Strike After Mainnet Launch
It’s like this project came out of nowhere