Lu Qi, the head of Y Combinator’s new China division, believes blockchain has great potential for entrepreneurship in the long run.
Messaging Giant LINE Launches $10 Million Token Venture Fund
LINE has announced yet another move into the cryptocurrency space with the launch of a $10 million token venture fund.
Kaspersky: Cryptocurrency Scammers Stole $2.3 Million in Q2
Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, a new study reports.
Playboy Files Fraud Lawsuit Against Blockchain Startup
Playboy is suing Canadian blockchain company Global Blockchain Technologies (GBT) for fraud and breach of contract.
Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round
Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs.
Square Expands Cash App Bitcoin Service to All 50 US States
Residents in all 50 U.S. states can now use Square’s Cash App to buy and sell bitcoin, the company has announced.
Marvel Weighs Legal Move Against Crypto Startup’s ‘Wacoinda’ Plans
Marvel Characters is not yet sure if it will oppose a cryptocurrency startup playing off the name of the fictional nation Wakanda from Black Panther.
Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs
A governmental committee comprised of Saudi Arabian regulators has issued a statement warning that cryptocurrency trading is illegal in the kingdom.
China’s Communist Party Publishes Blockchain Tech 101 for Officials
China’s Communist Party is moving to make blockchain literacy the norm with the publication of a guide book for officials and members.
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.
Coin Center Updates Its Securities Framework for Cryptocurrencies
Blockchain advocacy group Coin Center still believes some cryptocurrencies are securities by law, and should be regulated as such.
Public Firm Becomes First to Launch an ICO in Singapore
An e-commerce platform that recently launched a token sale aimed to raise $50 million has become Singapore’s first public firm to hold an ICO.
WeChat Eyes Blockchain for Faster Refunds of Company Expenses
WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it’s trialing a feature to do just that.
Binance Offers First Look At Planned Decentralized Crypto Exchange
Cryptocurrency exchange Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX) on Thursday.
Microsoft Rolls Out ‘Proof-of-Authority’ Ethereum Consensus on Azure
Microsoft has rolled out an additional consensus mechanism for clients building ethereum-based apps on Azure that does away with mining.
Thailand’s New ICO Rule Has Already Attracted 20 Crypto Exchanges
A new licensing rule governing initial coin offerings appears to have gained interests from ICO and crypto exchange projects.
Tezos ICO Class Action Looms After Motion to Dismiss Denied
A motion to dismiss a class action lawsuit against Tezos’ $232 million ICO was denied on Tuesday by a U.S. judge.
Regulators Plan ‘Global Sandbox’ for Fintech Including Blockchain
A number of regulators from across the globe are forming a new alliance to facilitate the development of fintech in cross-border solutions.
DEA Agent: Speculators Are Using Bitcoin More Than Criminals
Criminals were behind 90 percent of all cryptocurrency transactions five years ago – not anymore according to a DEA agent.
Researchers Discover Huge Crypto Scam Botnet on Twitter
Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency “giveaway” scam.