Category: Crypto Flash News

Joel Ortiz, the 21-year-old student who was accused of stealing over $7.5 million in digital assets via a SIM swapping operation, has been sentenced to 10 years in prison. He had pleaded guilty in February and accepted the plea bargain.…

If you’re a creditor in Mt. Gox’s civil rehabilitation case, the defunct exchange may have automatically filed and approved a reimbursement claim for you — provided that your Mt. Gox account was verified when it was still operating. According to…

Crypto payment startup Moon has announced an online web browser extension that allows crypto users to make purchases on e-commerce sites like Amazon.com with Lightning Network payments, CoinDesk reported. Once the extension has been added to a user’s browser, they…

The Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations. FinCEN announced the penalty on its website on…

Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis. The…

Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, according to the state-owned national news agency, the Belarusian Telegraph Agency. The meeting was reportedly set up at the…

Gibraltar Blockchain Exchange (GBX) has appointed in-house Head of Business Development Kurt Looyens, as its new CEO. Looyens formerly held the position of Country Executive at ABN AMRO Bank in Spain, and he will be taking over from Nick Cowan,…

An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U.S. presidential election, the Mueller Report claims. The culmination of a two-year investigation, the “Report On The Investigation Into Russian Interference…

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim’s computer, locks up…

Decentralized autonomous organizations (DAOs) are one of crypto’s more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. In practice, they’re a bit younger than Bitcoin forks and older than smart contract-focused blockchains.…