US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

A Los Angeles man has pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and selling methamphetamine. Possible life sentence News outlet…

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Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest

The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies such as Bitcoin (BTC). Yahoo! Finance reported on Aug. 28 that…

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Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services…

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China’s Digital Currency Is Ready, Central Bank Says

China’s Digital Currency Is Ready, Central Bank Says

The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready.” According to PBoC deputy director Mu…

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US lawmakers troubled by Facebook's Libra due to 'pattern of failing to keep consumer data private'

US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’

US lawmakers in a hearing at the House Committee on Financial Services on Wednesday expressed widespread mistrust of Facebook’s cryptocurrency plan, saying the company’s attempt…

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Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

The Criminal Investigation Department (CID) of India has arrested Vijay Prajapati, Dhiraj Patel, Kamruddin Syed, and Ashiq Shaikh, the alleged creators of the cryptocurrency KBC…

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Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune

Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune

Craig Wright said that he cannot comply with a court order to provide a list of all his early bitcoin (BTC) addresses, Bloomberg reported on…

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Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release…

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Florida city pays $600,000 to ransomware gang to have its data back

Florida city pays $600,000 to ransomware gang to have its data back

The city council for Riviera Beach, Florida, voted this week to pay more than $600,000 to a ransomware gang so city officials could recover data…

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Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra,…

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