Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
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Thai police have busted an alleged Bitcoin scam trading scheme in Bangkok, arresting 24 Chinese nationals and seizing hardware. Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok. According to an official announcement on Dec. …
Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe
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A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption. The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs. According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain …
Binance Denies Police Raids, Very Existence of Shanghai Offices
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Binance has denied recent reports that police raided its offices in Shanghai, stating that indeed, it has no offices in the city. Recent reports that Chinese authorities have raided the offices of leading cryptocurrency exchange Binance, are actually quite false.  Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted …
EToro Trading Platform Acquires Crypto Portfolio Management App
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Trading platform eToro has acquired cryptocurrency portfolio management app Delta. Trading and investment platform eToro has acquired the cryptocurrency portfolio app Delta — an app that tracks 6,000 different cryptocurrencies and tokens on 180 exchanges. According to a press release on Nov. 6, eToro acquired Delta for an undisclosed amount, …
Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD
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The Stellar Development Foundation has announced that it burned over 55 billion tokens and is focusing on other development goals for the currency. The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens.  According …