Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyer

To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet. 1343 Total views 7 Total shares Digital asset exchange Bitstamp has reportedly banned Netherlands-based users from withdrawing crypto to external wallets without first verifying they own the receiving address.According to a letter…

Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants. 55 Total views 2 Total shares Five executives from a Filecoin mining service are facing a lawsuit at the People's Court of Pingan County in China, over allegations that they pilfered millions of dollars and left…

Bakkt clients will be able to start depositing their funds in the Bakkt Warehouse for physically delivered Bitcoin (BTC) futures starting Sept. 6.Bakkt to debut futures trading on Sept. 23On Aug. 28, the much-anticipated crypto trading platform Bakkt announced on Twitter that its qualified custodian, Bakkt Warehouse, will begin offering storage of customer’s Bitcoin in…

EPayments Systems Ltd, a United Kingdom-authorized electronic money institution, must suspend online payment operations due to the Financial Conduct Authority’s anti-money-laundering (AML) procedures. EPayments has released a short statement on its website and has sent out emails to its customers to give a few details on the FCA’s regulatory checks. This regulation has frozen ePayments one…

Hegic will reward long-term traders, LPs, hodlers, and Discord users with its forthcoming governance token. 558 Total views 10 Total shares Decentralized finance protocol Hegic has announced a soft governance launch designed to reward its long-term users.According to an April 19 announcement, Hegic intends to reward its most loyal users with its new gHEGIC governance…

A Twitter user called out SushiSwap and urged the platform to take steps to prevent incidents in the future. 607 Total views 4 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) protocol SushiSwap recently suffered an exploit due to a smart contract bug, leading to over $3 million…

Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process, and sought out key partnerships to target the Asian markets. 4176 Total views 21 Total shares Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was…

One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye. 779 Total views 14 Total shares The CEO and co-founder of Bitcoin (BTC) investment app Amber, Aleks Svetski, said he thinks the COVID-19 pandemic has bolstered Bitcoin awareness. "COVID was one of the best marketing campaigns for Bitcoin in history," Svetski told Morgan…

In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment. While traditional investors prefer investing in gold, the discovery of fake kilogram gold bars in the vault of JP Morgan Chase points to a forgery crisis. While…