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Quoine Found Liable for Wrongfully Reversing BTC Trades in Singaporean First

Quoine Found Liable for Wrongfully Reversing Trades in First Singaporean Trial Involving BitcoinIn the first Singaporean legal dispute involving BTC, Singapore-registered cryptocurrency exchange Quoine has been found to have wrongfully reversed seven trades placed by market maker B2C2 during April 2017. The ruling has been made following four months of proceedings. Also Read: Thailand Approves Country’s First ICO Portal Quoine Held Liable for Reversing Trades Selling 309 […]

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Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time

Former Mt Gox CEO Reflects on Incarceration in Japan, While Facing More Prison TimeThe infamous Mark Karpeles, former CEO of the now defunct bitcoin exchange Mt Gox, appeared in an exposé interview on Monday and publicly discussed how he tolerated Japanese jail. Karpeles explained how he’s been accused of financial misconduct in a land that has a 99 percent conviction rate and he wouldn’t wish his experience on anyone. […]

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Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade

Exchanges News: Huobi Trial Eos Exchange, Sharespost Facilitates Security Token TransactionIn recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the […]

The post Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade appeared first on Bitcoin News.

Former Mt. Gox CEO Says He Is Sorry But Maintains His Innocence as Trial Closes

Mark Karpeles, the former chief executive officer of the now-defunct Mt. Gox, has reportedly apologized for the losses that led to the demise of the cryptocurrency exchange. However, the embattled Frenchman insisted on his innocence regarding charges of embezzlement in closing arguments during his trial in Tokyo on Dec. 27. Also read: Wine Retailer to Buy […]

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A Heartbroken Mother Hopes President Trump Will Exonerate Ross Ulbricht

A Heartbroken Mother Hopes President Trump Will Exonerate Ross UlbrichtLyn Ulbricht, the mother of convicted Silk Road administrator Ross Ulbricht, has expressed hope that U.S. president Donald Trump will pardon her son. Ulbricht’s family believes that Ross didn’t receive a fair trial and his sentencing was extremely harsh for a crime that didn’t involve violence. The interview with Lyn Ulbricht follows the recent 111,588 […]

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Petition to Free Ross Ulbricht Gathers 100,000 Signatures

Petition to Free Ross Ulbricht Gathers 100,000 SignaturesOver the last few months, a petition aimed at freeing Ross Ulbricht from prison has garnered 100,000 signatures. The request addressed to U.S. president Donald Trump and hosted on Change.org explains that Ulbricht deserves clemency because his investigation, trial, and sentencing were rife with abuse. Also read: Hash Wars: Battle Comes to an End as BSV […]

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Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine LoomsA French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]

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Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions

Japanese Company Trials BTC and Smart Contracts in Real Estate TransactionsA Tokyo Stock Exchange-listed company has built a cryptocurrency settlement platform for real estate transactions. The firm has tested the platform using BTC and smart contracts for property sales and has released its findings; many benefits were observed over the traditional method. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTC and […]

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Brave Browser Launches Trial for Advertising Program

Brave Browser Launches Trial for Advertising ProgramBrave Software, the publisher of an open-source web browser boasting enhanced privacy features, built-in ad blocker, and built-in cryptocurrency (Basic Attention Token [BAT]), has commenced the trial phase of its ad program. Brave users who participate in the trial for the program will be paid a sum of BAT proportional to 70% of the company’s […]

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Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm

Mark Karpeles Lands a Job — CTO for a Firm Associated With CryptocurrenciesThe infamous former CEO of the now defunct bitcoin exchange Mt Gox, Mark Karpeles, is trying to start over with a clean slate in life. Karpeles has revealed to the media that he’s started a new C-level position as the Chief Technology Officer (CTO) for a firm called London Trust Media. The technology company invests […]

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