Tags : Private

Blockchain

Private banks to help with the rollout of booming digital

The nation is leading in the development of a state-backed digital currency and banks are joining that cause. China’s private banks step up Some Chinese private banks are joining in on the nation’s rollout of its upcoming digital currency, as per local reports. Officially the “Digital Currency, Electronic Payment” (DCEP), the so-termed digital yuan is […]Read More

Bitcoin

British private jet firm says 19% of its tickets are

Who said using Bitcoin for purchasing things was a lost cause? Bitcoin for air travel Move over the Bitcoin-can’t-be-used-to-buy coffee narrative. A new report claims that travelers are using Bitcoin to purchase airline tickets, as per a release on aviation news site Simple Flying. PrivateFly, the UK-based charter carrier, said Tuesday that 19% of its […]Read More

Bitcoin

$60 million in Bitcoin seized by German police…but no one

German authorities have learned about crypto recovery the hard way. A recent case saw them seize over $60 million worth of Bitcoin from a fraudster….who never gave them the private key to the stash. Not your keys, on your coins A private key is a sophisticated form of cryptography that allows a user to access […]Read More

Regulation

US DoJ charges tax evading ICO superstar who spent $10m

The founder of a high-flying ICO was charged by authorities in the US yesterday on charges of a massive tax evasion scheme. DoJ charges Oyster Pearl founder Amir Bruno Elmaani, the founder of Oyster Pearl, a storied 2017 ICO that raised millions in token sales before fizzling out like 98% of all the then-hyped coins, […]Read More