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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: Cybersecuirity

Technical Error at Japanese Exchange Gifts Users $20 Trillion Worth of Cryptocurrency

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Technical Error at Japanese Exchange Gifts Users $20 Trillion Worth of Cryptocurrency

At a time when the Japanese cryptocurrency space is still trying to recover from the Coincheck saga that earned hackers $530 million richer overnight, another technical malfunction as returned attention to the island’s crypto economy. While not an outright hack, the technical bug allowed some customers of the Zaif cryptocurrency exchange to buy bitcoin and some altcoins for free. Fastest…

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U.S. Government Arrest BitFunder Founder Jon Montroll

Category: Bitcoin, Business, News

U.S. Government Arrest BitFunder Founder Jon Montroll

Jon Montroll, the owner of BitFunder, an obsolete Bitcoin-denominated stock exchange, was arrested by the United States government. A joint investigation from U.S. Securities and Exchange Commission (SEC) and Federal Bureau of Investigation (FBI), led to the arrest of Montroll, who also goes by the name “Ukyo.” Embezzlement of 6,000 Bitcoins Federal prosecutors divulged charges against the defrauder and charged…

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Chicago Trader Faces Jail Time Over Bitcoin and Litecoin Theft

Category: Altcoins, Bitcoin, Finance, News

Chicago Trader Faces Jail Time Over Bitcoin and Litecoin Theft

Joseph Kim, a 24-year-old Chicago-based trader, is facing criminal charges for alleged wire fraud and bitcoin theft. First of a Kind Crypto Fraud in Chicago On February 15, 2018, US Federal Prosecutors charged Kim with stealing over $2 million worth of bitcoin and litecoin from his employer, Consolidated Trading LLC. Prior to his arrest, Kim held the position of an…

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Dubai Gold Merchant Gets First Bitcoin Storage and Trading License in the Middle East

Category: Bitcoin, Business, Finance, News, Tech

Dubai Gold Merchant Gets First Bitcoin Storage and Trading License in the Middle East

The Dubai Multi Commodities Center (DMCC) has awarded a cryptocurrency license to Regal RA DMCC. The company which specializes in gold trading under this license become the first company to be granted a cryptocurrency trading license in the Middle East. Apart from trading in cryptocurrencies, the DMCC license also allows the company to store cryptocurrencies like bitcoin, ether, as well…

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