Federal court has entered case-ending sanctions against Craig Wright in the long-running court battle between Wright and the estate of his deceased developer partner, Dave Kleiman. Judge Bruce E. Reinhart has ordered Wright to give up half of his $10 billion bitcoin fortune and half of the intellectual property the two developed together to the Kleiman estate. [Read More...]
Ethereum Foundation Hands Out Grants To 8 Projects
In a recent round of funding, the Ethereum Foundation handed out grants to eight projects in preparation of the eventual Ethereum 2.0 upgrade. The foundation also created three bounty offerings for various security-related challenges. [Read More...]
Brave To Develop Its Own Wallet
Privacy-focused web browser Brave has announced plans to develop its own crypto wallet, which will run on MetaMask’s open-source codebase. The wallet will support Ethereum tokens, including Brave’s own native BAT, and cryptocollectibles like CryptoKitties. [Read More...]
BitPAC Wants To Hold An ICO In Support Of US House Candidate
The political action committee BitPAC has plans to conduct its own initial coin offering to help raise funds for US House candidate Dan Bishop. [Read More...]
Amanie Advisers Claim ETH Is Halal
Researchers at sharia advisory firm Amanie Advisors have published a white paper certifying that Ethereum’s native cryptocurrency, Ether, is sharia compliant because of its utility token classification. [Read More...]
Bakkt Warehouse To Launch In September
Bitcoin futures platform Bakkt has announced it will open its Bakkt Warehouse to customers on September 6, allowing them to hold their bitcoin with the firm. With the launch of the warehouse, Bakkt will also begin offering regulated, physically settled bitcoin futures on September 23. [Read More...]
Telegram Sets SpoOoOoky October 31 Date For Gram Delivery
Investors in messaging app Telegram’s Gram token will reportedly receive the first batch of tokens starting October 31. Telegram has also informed investors that the Gram testnet will be made available a couple of weeks before the tokens are delivered. [Read More...]
Crypto Firm Sygnum Looks To Obtain Singapore Banking License
Earlier this week, Switzerland’s Financial Market Supervisory Authority granted a banking and securities dealer license to crypto financial service Sygnum. Now, as the business attempts to become a full-fledged bank in Switzerland, it’s looking to obtain a banking license in Singapore. [Read More...]
Wikipedia Becomes Verified Brave Publisher
Wikipedia is the latest website to become a verified publisher with the Brave web browser, allowing the site to start taking dips and donations in the form of Brave’s basic attention token. [Read More...]
Alleged Capital One Hacker Used Servers To Mine Crypto
Yesterday, August 28, Paige Thompson was indicted after allegedly hacking Capital One and 30 other entities. Along with being charged with wire fraud and computer fraud and abuse, court documents state Thompson used Capital One’s cloud servers to mine cryptocurrency. [Read More...]
Hyperledger Adopts ConsenSys’ Pantheon Project
Pantheon, a ConsenSys spoke that works to provide a suite of Ethereum-based services, has officially been adopted by Hyperledger’s technical steering committee, reportedly making it one of the first public blockchain projects to be taken on by the consortium. [Read More...]
Binance Unveils Developer Initiative ‘Binance X’
Crypto exchange Binance has rolled out yet another service offering dubbed Binance X. The platform will serve as a hub to engage and support developers and foster third-party development within Binance’s network. [Read More...]
Binance Issues Report On PBoC’s Digital Currency
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People’s Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. The first tier will connect the PBoC’s digital currency with commercial banks for currency issuance and redemption, and the second tier will connect it with individuals and businesses. [Read More...]
SEC Settles With Crypto Exchange Bitqyck And Its Founders
The US Securities and Exchange Commission (SEC) has settled with crypto exchange Bitqyck and its founders Bruce Bise and Sam Mendez over what the SEC believed was an unregistered token sale that raised $13 million. Bitqyck will pay a civil penalty of $8.5 million on top of disgorgement and prejudgment interest. For the two founders, Bise will pay $890,254 and Mendez will pay $850,022. [Read More...]
Developers Behind Decred Unveil Privacy Features
Developers behind the privacy-focused crypto Decred have released details about the project’s upcoming privacy rollout. The new features will include hiding user identities and jumbling customer transaction data together, making it harder to track specific coin movements. [Read More...]
Contradicting Reports Emphasize The Rise And Fall Cryptojacking
Following reports that the alleged Capital One hacker was using servers to mine crypto, cryptojacking is on the tip of the space’s tongue. Unfortunately, there seems to be a bit of confusion as to how prevalent cryptojacking is, with a recently released study from McAfee Labs and information from the cybersecurity firm Bad Packets suggesting malicious miners are both on the rise and experiencing a downward trend. [Read More...]
UN Official States Crypto Makes Tracking Cybercrime More Difficult
Neil Walsh, chief of the cybercrime and anti-money laundering arm of the United Nations’ department on drugs and crime, has stated that the “anonymizing and pseudo-anonymizing” aspects of cryptocurrencies have made it extremely difficult to combat terrorist financing, money laundering, and cybercrime. [Read More...]
A Sunset For ETHNews
It’s time to say goodbye, readers. [Read More...]