Alexander Vinnik, the alleged operator of a bitcoin exchange responsible for stealing millions of dollars worth of cryptocurrency, may face 10 years of jail time and a 750,000 euro fine, which was requested by his prosecutors Friday.
Central Bank Digital Currencies “might improve the payment system,” according to Fed Chairman Jerome Powell, but there was still a lot of work to do before such a currency can be implemented effectively.
Miners at Filecoin have gone on strike just one day after its highly anticipated mainnet launch on Oct. 15. Five of its largest miners turned off their machines to protest the project’s “unfair” economic model.
While several of the group’s members are actively investigating issuing their own e-moneys, Reuters reports that the G7 is preparing formally to slam Facebook’s Libra because it lacks regulation. The group made a similar statement last October.
EOS announced that Google Cloud will soon become a block producer for the protocol. Google’s interest in the protocol was mainly in providing data services and learning more about serving clients with distributed ledgers.
Famous for his eponymous antivirus software, John McAfee was charged by the SEC for pumping ICOs in his twitter account and not disclosing that he was paid more than $23 million to do so. He is jailed in Spain pending extradition on 10 counts of unrelated tax fraud.
First Read $9,141/$300,000 (3%) Diane Saucier ++++ Peter Wind, Longtime Industry Colleague and Mentor, Passes Away By John J. Lothian It is with a heavy heart I report that former Cargill Investor Services (CIS) executive Peter Wind has passed away at the age of 70....
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