Christopher Bania, a person recently charged with drug distribution, has pleated guilty to the crime. The United States court that processed the case forced Bania to give up the nearly 17 Bitcoin that he owned. As of October 27, the value of the Bitcoin was around $150,000. The court…
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99Crypto
A Brief Overview Of LINK
With all the attention being paid to Bitcoin, Tether and major cryptocurrencies, it is easy to forget about tokens such as Chainlink and other alt-coins that are undergoing development or enjoying a quiet bullish run. Chainlink, which trades under the catchy symbol LINK, has been generating a healthy trading volume…
Finance Regulators Around the World Are Closely Watching Facebook's Libra
When social networking giant Facebook announced Project Libra earlier this year, American financial regulators and even Members of Congress voiced strong concerns about the company's digital currency ambitions. In Switzerland, a country where conservative views of privacy mix easily with financial freedom, regulators are not worried about the…
Block.One Reaches $24 Million Settlement Agreement With the SEC
The SEC (U.S. Securities and Exchange Commission) has issued a 24 million dollar settlement to Block.one to pay for penalties that resulted in the conduction of an unregistered ICO (initial coin offering). In a press release issued on September 30th, the SEC announced the settlement against the firm…
The Success of Cryto Is Not That Cryptic
It's been an interesting few years for Bitcoin. Although many financial institutions have seen the power and potential of blockchain, most large firms have been reticent to invest a great deal in crypto. And much of the logic behind this reticence is the fact that crypto has had…
The Future of Blockchain Technology in Germany: Building a Competitive Platform for Cryptocurrency Trade
There is some news to watch in the German-speaking parts of the world as it relates to cryptocurrencies. The Berlin Fintech startup got $1.5 million to start its own blockchain. Some German experts have warned industry participants about the crypto coin offered by Facebook. The Federation of German Industries…