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“# Wolf of Wall Street on steroids: DeFi may be a bubble, but it’s making us stronger ” Programmers have found a way to replace the core service offerings of Wall Street and an army of corporate lawyers with 800 lines of smart contract code. The “De” in DeFi stands for “decentralized,” meaning there are…
“# OneCoin movie starring Kate Winslet coming soon ” Even as the OneCoin Ponzi scheme makes its way through the courts, a movie about it is now in development with a Titanic lead star. As reported by Deadline, Kate Winslet has signed on to star and produce Fake!, a movie based on an unpublished book…
“# Payments firm Rocketfuel Blockchain sues co-founder over expired patents ” Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he…
“# Better regulation needed to stop crypto tax evaders from running wild ” Antivirus software pioneer John McAfee, the founder of McAfee Associates — the company that released the first commercial antivirus software, McAfee VirusScan, in the late 1980s, contributing to the birth of multibillion-dollar industry — was indicted on five counts of tax evasion…
“# Crypto banks are going to swallow fiat banks in 3 years — or even less ” Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat…
“# U.S. Vs. China: who will win the digital currency war? ” Co-founder and managing partner at Electric Capital, Avichal Garg, is convinced the only way for the U.S. to catch up with China in the digital currency war is by embracing privacy-focused cryptocurrency. According to Garg, the Chinese are already far ahead of the…
“# Financial giant SBI to run its first security token offering in October ” Japanese financial conglomerate SBI Holdings is getting more serious about the security token offerings industry. SBI is planning to run its own STO allotting shares of SBI e-Sports, the company’s new e-sports gaming arm, Cointelegraph Japan reports Oct. 9. Announcing the news on…
“# These are the end days for crypto criminals, and good riddance ” John McAfee’s recent detention in Spain caps off a few weeks where crypto news feeds have been dusted with reports of regulator enforcement actions and bans, arrests, and an exchange hack. Crypto news hasn’t looked like this in a while. The terrain…
“# Cosmos doubles ‘Stargate’ bug bounty rewards to avoid repeating past mistakes ” In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double rewards to improve the software’s robustness prior to release. The key Stargate upgrade will complete the original roadmap laid out in the…
“# NFTs take on DeFi? Nonfungible tokens push to be the next crypto craze ” Decentralized finance has become the center of attention throughout most of 2020, sparking talk of a renewed alt season, with many believing that mass adoption of DeFi will be coming within the next three to 10 years. Nevertheless, other sectors…