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“# Instagram influencer charged over duping followers out of $2.5M BTC ” An Instagram influencer has been charged with wire fraud, after he allegedly scammed followers out of $2.5 million worth of Bitcoin. Social media influencer Jay Mazini, who boasted of a net worth of $33 million and is known for “cash giveaways”, is accused…
“# Metaco partners with IBM for secure digital asset orchestration system ” Digital asset security infrastructure outfit Metaco has partnered with tech conglomerate IBM to utilize the latter’s cloud platform for enterprise-grade digital asset custody solutions. According to a press statement issued on Thursday, Metaco will leverage IBM Cloud and IBM Cloud Hyper Protect Services…
“# Florida man escapes paying a $4.5M SEC penalty over a crypto Ponzi scheme ” The founder of a multi-million crypto Ponzi scheme has escaped paying a $4.5 million penalty to the U.S. Securities and Exchange Commission. On March 23, the U.S District Court of Southern Florida initially ordered Jose Angel Aman to pay the…
“# Theta’s Mainnet 3.0 launch date pushed to June ” Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June. In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate some building blocks” for a non-fungible token, or NFT, marketplace for the Theta Mainnet…
“# Coinbase handled trades and custody for Meitu’s $90M crypto investment ” Crypto exchange Coinbase’s institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu. In a blog from Coinbase today, the U.S.-based crypto exchange said Meitu used its services to execute up…
“#GlaxoSmithKline fires Moncef Slaoui after sex harassment probe” GlaxoSmithKline fired Moncef Slaoui — the feds’ former coronavirus vaccine czar — from one of its subsidiaries after an internal probe found he had sexually harassed one of the British drugmaker’s employees. GSK said Wednesday it booted Slaoui from his post as chairman of the board of Galvani…
“# Marshall Islands digital currency would ‘raise risks,’ says IMF ” A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability. Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah Zhou said the issuance of the Marshall…
“# Microsoft president says fintechs should leave currency to central banks ” For Brad Smith, president of the Microsoft Corporation, fintech firms have no business issuing private digital currencies. According to Bloomberg, Smith gave these remarks while speaking at an online conference organized by the Bank for International Settlements. As part of his address, Smith…
“# Waves Enterprise expands to Singapore to pursue hybrid blockchain adoption ” Waves Enterprise has onboarded Tokenomika Pte Ltd., a Singapore-based fintech company, as an operator for its hybrid public-private blockchain. Tokenomika will operate the Waves Enterprise public permissioned network, starting in March. The expansion comes as part of a strategy shift for Waves Enterprise,…
“# German federal bank runs successful blockchain system without a CBDC ” Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the traditional finance infrastructure with blockchain technology. Despite the current global rush by central banks to familiarise themselves with central bank digital currency technology, the testing carried out by the…