Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.
Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin
Twitter’s blue check mark verification system is falling under the pressure of the complicated crypto world.
€2 Million Donation to Fund World Food Programme Blockchain Project
Belgium has contributed €2 Million to support U.N. World Food Programme projects, including its blockchain payments pilot for Syrian refugees.
<h1>Russian Digital Assets: Cryptoruble In The Pipeline, EAEU Payments Network Possibly In Question</h1>
Russia’s proposed state-issued digital currency is coming, according to one of the country’s legislators. However, with SWIFT indicating that it has no plans to stop servicing Russian banks, it’s unclear whether another Russian proposal, for a payments network that would include it and several nearby countries, will continue to interest policymakers.
Ether Investment Firm Begins Trading on Stock Exchange
Ether Capital is seeking to become a major player in the ethereum ecosystem by investing in startups and holding large amounts of the token.
<h1>Report: Enterprise Ethereum Alliance To Release Uniform Business Blockchain Standards This Year</h1>
Information surfacing from a blockchain event in London suggests the EEA will soon release blockchain standards for the growing ecosystem.
Smart Contract Pioneer Nick Szabo: Don’t Ditch Decentralization
One of the few cypherpunks in a room full dominated by financial services, Szabo urged blockchain developers not to forget about decentralization.
<h1>Authorities In Crimea Discuss Cryptocurrency Fund To Undermine Sanctions</h1>
In order to circumvent sanctions against Russia, a cryptocurrency fund may be established in Crimea, where a high-ranking Russian legislator has also discussed establishing a so-called “cryptocurrency haven.”
<h1>Andreessen Horowitz, Union Square Ventures Reportedly Seek Regulatory Exemptions For Blockchain, Cryptocurrency Development In SEC Meeting</h1>
When you’re going into business, it’s good to have the regulators on your side.
Walmart Wants to Store Payment Data On a Blockchain
A pair of Walmart patent applications discuss encrypting payment information using a blockchain.
Blythe Masters: Business Blockchain Won’t Be ‘Winner-Takes-All’
At the Synchronize 2018 conference in New York City, enterprise blockchains heavyweights made it clear they want to build ethereum-like platforms.
<h1>Dow Jones Joins With Ethereum-Based Brave Software</h1>
A new partnership between next-generation web browser Brave and the Dow Jones Media Group could introduce new forms of content to online users as well as advance blockchain-based payment technology.
Insurance Giant Allianz Is Testing a Token to Move Money Internally
Allianz is testing a blockchain token to move money between its global affiliates.
Gem Unveils All-In-One Crypto Investment App
Blockchain startup Gem has created a one-stop shop crypto services platform comprised of a portfolio tracker, a wallet and a ‘discovery tool.’
Major Investors Met with SEC to Discuss Crypto Exemption
VC firms Andreessen Horowitz and Union Square Ventures reportedly met with the SEC in March to request that tokens be exempted from SEC oversight.
Enterprise Ethereum Alliance Pledges 2018 Blockchain Standards Release
The 450-plus member Enterprise Ethereum Alliance is set to release its common blockchain standards for business users before the end of 2018.
$6.3 Billion: 2018 ICO Funding Has Already Outpaced 2017’s Total
Even without Telegram, ICOs are on pace to raise much more in 2018 than last year.
The Craigslist of Crypto Is Making Millions Where Bitcoin Is Needed Most
LocalBitcoins, a low-fi exchange launched in 2011, is gaining traction in overlooked markets where people have less access to VC-backed alternatives.
$8,300: Bitcoin Seeks Direction at Key Price Hurdle
Bitcoin has been struggling to break through the long-term descending trendline, but that could change today.
UBS-Backed Blockchain Platform Completes Live Trade Transactions
The Batavia blockchain trade finance platform has completed a pilot that conducted live cross-border transactions involving corporate clients.