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U.S. SEC sues social media firm Kik for ‘illegal’ initial coin offering

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission sued social media company Kik Interactive Inc on Tuesday, alleging it conducted an illegal $100...

Mike Novogratz’s Crypto Firm Lost A Staggering $273 Million In 2018

Mike Novogratz's Galaxy Digital has finally released full-year results for 2018. And what started out as a nine-figure loss, according to financials released all...

U.S. firm Genesis says it loaned more than $1.5 billion in cryptocurrency

NEW YORK (Reuters) - Cryptocurrency dealer Genesis Global Trading said on Thursday it loaned digital assets valued at $1.53 billion to institutional borrowers in...

Swiss investment firm, Bitfury launch bitcoin mining fund

(Reuters) - Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday...

Peter McCormack faces a high stakes legal battle with Craig Wright. He’s standing firm

Armed with little money and a limited understanding of UK libel law, podcaster Peter McCormack is mounting a legal battle that he says will...

Cybersecurity Firm Uncovers New Malware Targeting Android Devices

The new malware has a lot of tricks up its sleeve.On March 28, international cybersecurity firm Group-IB published a report on a new type...

Crypto Lawyer Drew Hinkes Joins Firm to Help ICO Issuers Fight Back

Blockchain lawyer Andrew Hinkes is spoiling for a fight. The general counsel at...

Admiral Markets Invests €150,000 in Fintech Firm Bankish

Admiral Markets, a provider of foreign exchange (forex) and contracts for difference (CFD) trading, announced this Friday that it has invested €150,000 in Bankish,...

Ex-NATO Chief, Danish PM Now Advises Blockchain Firm Concordium

Anders Fogh Rasmussen, previously both prime minister of Denmark and secretary-general of...

Fintech Giant WorldPay Bought by US Rival for $43bn Amid UK Firm Selloffs

The British fintech firm is the latest UK company to be bought out by foreign firm, following Costa Coffee, SodaStream, and Sky, among others.UK...

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