The biggest Ponzi scheme ever was conducted by Bernie Madoff with an estimated loss of $20 Billion to 4,800 investors. What is scary is that when I look at those figures compared to the Blockchain ICO numbers from 2016 they don’t even look that big. There have been many ICO’s that have raised more than […]

Selloff is now deeper than the early 2000s rout in tech stocks  Ether leads losses on Wednesday, extending a brutal September The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse […]

The Saudi British Bank (SABB) has become the first Saudi bank to join enterprise software firm and global banking consortium R3’s blockchain ecosystem, local news outlet Trade Arabia reports today, September 11. SABB enjoys a strong reputation, having reportedly been named by Global Finance magazine as the “Best Trade Finance Bank” in Saudi Arabia for the 10th consecutive year, “Best Supply Chain […]

A highly touted investment instrument that sought to appeal to U.S. public markets investors looking for cryptocurrency exposure has just seen a setback. Announced on Sunday, the U.S. Securities and Exchange Commission (SEC) has issued an order seeking to suspend the trading of the Bitcoin Tracker One and Ether Tracker One exchange-traded notes, issued by […]

Bitcoin and other digital currencies have continued to tumble in value, amid concerns that Wall Street institutions are shunning cryptocurrencies. It follows media reports, originally in Business Insider, that Goldman Sachs is shelving plans to set up a cryptocurrency trading desk. Mainstream lenders have largely kept their distance from digital currencies. A Goldman spokesman said […]

A Russian citizen accused of running a cryptocurrency exchange that helped a billion dollar money laundering operation could be in possession of valuable information that could potentially expose how a group of Russians indicted recently by U.S. Special Counsel Robert Mueller managed to hide their money trail using bitcoin. Bloomberg reports that Alexander Vinnik, who is currently […]

Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank. According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs to its reputation, said Sarkis Darbinian, an attorney for the Center of Digital Rights, which defends the company. […]

Rapper and actor Eminem has given bitcoin’s public awareness another boost, giving it a mention in a song on his just-released album, “Kamikaze.” In track dubbed “Not Alike,” fellow artist Royce Da 5’9′  – who guest features on the piece – raps: The album was launched on midnight Thursday in a surprise announcement by Eminem, […]

By Laura Desmond Bitfi, a cryptocurrency wallet backed by anti-virus software entrepreneur John McAfee, has issued a statement saying it will no longer describe its service as “unhackable”. The announcement followed the release of evidence by a group of security researchers showing the wallet being compromised. However, Mr McAfee maintains that the claim stands. Bitfi […]

Based on a survey conducted by Statistca on 15,000 individuals, Turkey has the highest percentage of population that has invested in the crypto market. According to the data released by Statistica shown below, 18 percent of the country’s investors have purchased cryptocurrencies like Bitcoin and Ethereum in the past few years. Motive of Residents in […]