US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.
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Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app. 54 Total views 1 Total shares Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM.The partnership, announced on Sep. 18, will shore up Localcoin’s

11 Years Ago Today Satoshi Nakamoto Published the Bitcoin White Paper
Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto.A revolutionary textBitcoin: A Peer-to-Peer Electronic Cash System — published on Oct. 31, 2008 — outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and…

SBF ‘willing’ to testify at Senate hearing on the FTX collapse
Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX. 1201 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTFormer FTX CEO Sam Bankman-Fried has indicated that he’s willing to testify at a United States Senate…

Financial Giant SBI and Ripple Launch Blockchain Payment App in Japan
Ripple-powered payments app MoneyTap has now gone live, according to an official tweet October 3. The consumer-focused service was co-developed by Ripple and Japanese financial services giant SBI Holdings.According to the product’s website, MoneyTap will use Ripple’s blockchain solution xCurrent to enable domestic bank-to-bank transfers in “real time.” Account holders at three participating Japanese banks…

Another $18.9M Hong Kong exchange scandal, HTX ‘sorry’ airdrop: Asia Express
HTX recovers from devastating $30M hack, Hong Kong plagued by crypto exchange scandals, e-CNY gains adoption from foreign banks, and more. by Zhiyuan Sun 4 min November 30, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Yet another crypto scandal in Hong Kong Scammers

Automakers are minting NFTs, but is there a strong use case?
Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.From…

HitBTC Account Freezes in Spotlight as Trace Mayer, John McAfee Claim Foul Play
Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event.In a series of tweets, Mayer joined names such as crypto advocate John McAfee in voicing concern and even suspicion about HitBTC after users reported being unable to withdraw…

ConsenSys Partnering with Hitachi for PegaSys Plus Sales in Japan
Hitachi Solutions will be the first company in Japan permitted to conduct sales of blockchain software technology company ConsenSys’ product PegaSys Plus starting on April 1.According to a March 30 press release, Tokyo-based Hitachi announced it would work in collaboration with U.S.-based ConsenSys to provide PegaSys Plus to the Japanese market. An Ethereum (ETH)-based blockchain…