Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi Scheme Members Still Wanted The Supreme Court of Tatarstan, a republic of the Russian Federation, has confirmed the…
On September 17, 2019, the public beta testing of the Hedera Hashgraph network — a distributed ledger with a claimed throughput of 10,000 transactions per second — was launched. The platform has also launched its HBAR cryptocurrency, a service for smart contracts and file storage. In this report, we tried to figure out the new Hedera public ledger, its principles…
sponsored ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced to evolve to keep pace with the development of the digital asset market.…
Changelly introduces another token available for exchange on the platform — the FLOW token. Users can quickly and easily exchange FLOW tokens at floating rates. The FLOW token (“FLOW”) is the native currency for the Flow network and the keystone for a new, inclusive, and borderless digital economy. If blockchains are a digital infrastructure, the FLOW token is the fuel…
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as 96% of the mystery miners…
At the turn of 2017 and 2018, the Ripple cryptocurrency made a dizzying leap, briefly becoming the second most capitalized cryptocurrency in the world after Bitcoin. This growth was followed by a long and painful decline in the exchange rate and capitalization of XRP. The drop turned out to be even deeper on average than the general sagging capitalization of…
The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 million. The Department of Justice (DOJ) said that he “engaged in a scheme to steal assets” from his hedge funds and defraud investors. Crypto Hedge Fund…
Although Ethereum is not mooning anymore, its price is still slowly rising. In fact, multiple experts still give it a “Buy/Strong Buy” signal, indicating that they have a bullish outlook on the coin. There is a big chance that what we’re experiencing right now is the calm before the storm – and ETH price will shoot for the moon in…
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto exchange account. AT&T Sued by Crypto Investor An AT&T customer, Jamarquis Etheridge, filed a lawsuit in the district…
Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes. Opensea, Rarible, Hic et nunc, Makersplace, Superrare See NFT Weekly Volumes Improve On September 12,…
