World’s first company founded with Ethereum as initial contribution in Liechtenstein

Amazing Blocks is the world’s first company founded in Liechtenstein with an initial contribution made entirely in Ethereum (ETH). Amazing Blocks made a founding contribution of 261 ETH to be registered in Liechtenstein. In a press release, Amazing Blocks announced that it was founded on August 13th  with a contribution made solely in Ethereum (ETH). […]

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Major 2017 Bitcoin Scam Defendant MIA; CFTC Proposing More Than $500 Million in Penalties

Major 2017 Bitcoin Scam Defendant MIA; CFTC Proposing More Than $500 Million in Penalties

The man responsible for an alleged crypto Ponzi scheme back in 2017, Benjamin Reynolds, may be charged with $572 million in penalties for the fraudulent scheme, that is, if the US Commodity Futures Trading Commission (CFTC) can locate him. Reynolds, Director of UK-based firm Control Finance which has ceased operations since 2017, failed to turn […]

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Thai Court of Justice Develops a Blockchain Network to Store Judicial Information

Thai Court of Justice Develops a Blockchain Network to Store Judicial Information

Apart from the financial sector, the blockchain industry in Thailand is growing rapidly and developments have expanded into the country’s court system.  According to the report from the Office of the Court of Justice of the Kingdom of Thailand, it has revealed that it is developing a blockchain network as a part of “court digitalization” […]

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IMF Reposts Intro Video to Cryptocurrency; Community is Not Impressed

IMF Reposts Intro Video to Cryptocurrency; Community is Not Impressed

The International Monetary Fund (IMF) recently reposted a short introductory video to cryptocurrency made in 2018 today, much to the chagrin (or amusement) of the crypto community. A two-minute explainer for beginners on how blockchain technology enables a “special currency”, the reposting of this old video can be seen as a response to more of […]

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