Behind the Crypto Broker Accused of Enabling Ransomware Hackers October 6, 2021 By Kartikay Mehrotra and Olga Kharif A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in...
SEC Sues Founder of Closed BitConnect Exchange Alleging $2B Fraud Scheme September 2, 2021 By Jonathan Stempel The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged...
Insurer Begins Accepting Cryptocurrency for Premium Payments June 23, 2021 Michigan-based Universal Fire & Casualty Insurance Co. has started accepting cryptocurrency for premium payments. The company, which insures small businesses...
Crypto Insurer Evertas Raises $5.8M in Seed Funding May 25, 2021 Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to...
Software Developers Launching Type of Insurance Cover for Cryptocurrencies March 29, 2021 By Olga Kharif Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a...
Swiss Cryptocurrency Fundraiser to Pay Tezos Investors $25M to Settle Class Action September 2, 2020 By Anna Irrera and Steve Stecklow A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with...
Where ‘DeFi’ Crypto Users See Sure Bets During COVID, Critics See Unregulated Risks August 27, 2020 By Tom Wilson It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size...
Investors Allege Securities Violations by Cryptocurrency Issuers, Exchanges April 7, 2020 By Brendan Pierson Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions...
Facebook Loses Backers for Its Libra Digital Currency But Could Still Proceed October 14, 2019 By Barbara Ortutay Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end...
Euro Zone to Launch Public Cryptocurrency in Response to Threat of Facebook’s Libra September 13, 2019 By Francesco Guarascio Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they...