ATBCoin Hit With Class-Action Lawsuit After $20 Million ICO

The post ATBCoin Hit With Class-Action Lawsuit After $20 Million ICO appeared first on CCN Blockchain startup ATBCoin was hit with a class-action lawsuit, making it the latest in a string of projects to be sued by investors following initial coin offerings (ICOs). ATBCoin Hit With Class-Action Lawsuit Filed on Dec. 21 in the Southern

Director of UK Cryptocurrency Exchange EXMO Kidnapped in Ukraine

The post Director of UK Cryptocurrency Exchange EXMO Kidnapped in Ukraine appeared first on CCN According to Ukrainian news outlet Strana.ua, IT specialist and managing director of UK-based cryptocurrency exchange EXMO, Pavel Lerner, has been kidnapped on December 26 in Kiev. The 40-year-old reportedly has a number of startups linked to cryptocurrencies, including mining operations.

Bitcoin is Facing the ‘Moment of Truth’, Says Allianz Economist

The post Bitcoin is Facing the ‘Moment of Truth’, Says Allianz Economist appeared first on CCN A top economist at one of Europe’s largest asset management firms said that he believes bitcoin is facing its “moment of truth” as it endures its first significant correction since the launch of bitcoin futures contracts earlier this month.

Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment

The post Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment appeared first on CCN The anonymous founder of bitcoin charity Pineapple Fund struck it rich investing in bitcoin, and now they are using that wealth to help rural Kenyans trapped in extreme poverty. Pineapple Fund Makes $5 Million Donation to GiveDirectly On Friday,

SKorean Gov’t Memo Proposes Exchange Shutdown, Other Measures

South Korea may pass a law giving its government the power to shut down cryptocurrency exchanges. Regulators in the country have also discussed beefing up the know-your-customer and anti-money laundering standards to which exchanges and the banks providing them services must adhere.

Segwit2x a Scam?  Community Members Cry Foul

The post Segwit2x a Scam?  Community Members Cry Foul appeared first on CCN Over the past week or so, CCN has dedicated a number of articles to the alleged revival of Segwit2x. The proposed fork is slated for block 501451, approximately December 21st.  Inspired by the aborted November Segwit2x fork, this revamped version is the