Philippine Blockchain Week Addresses Miss Universe Coin Fraud Allegations
The Miss Universe Coin created a storm of controversy at the Philippine Blockchain Week (PBW) when it came to light that the coin, touted during the event and unveiled at a prior press conference, had no affiliation with Miss Universe, the brand and pageant owned by Thailand-based JKN Holdings. What seemed like a promising venture […]
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Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his official profile, Garlinghouse claimed that the blockchain company “tried” to settle with the U.S. SEC. He added that the firm will try again with the new administration but refused to go into specifics. In response to crypto....
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for the country’s police told the Sunday Times newspaper that Shezi has agreed to turn himself in. As reported by Bitcoin.com News, a warrant for Shezi’s arrest had been issued after two aggrieved investors reported the bitcoin trader to the South African police. Now, as he contemplates turning....
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved the bitcoin (BTC) away from their exchange wallets before the error was detected, local news outlet Bitpinas reported. The actual amount of BTC hoarded at the $6,000 give-away price is not clear. However, the Philippine Digital Asset Exchange, or Pdax, is now demanding that users return the....
PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ethereum and Polygon.
What can Universe Finance offer?
Security is one of the most problematic things when it comes to the DeFi sector. Several assaults have disabled various protocols and stolen countless funds from so many investors within the past ten years or so. Universe Finance believes that security is key and it has hence strived to become extremely....
Danny Brewster, CEO of bitcoin services company Neo & Bee, is reportedly facing fraud charges filed by two customers in Cyprus who claim that they have never received any bitcoins from the company. According to a report in the Cyprus Mail, the customers paid €15,000 and €20,000 respectively, for the bitcoins, which never materialised. Police are investigating, the newspaper says. Earlier this week Neo & Bee was caught up in a media frenzy, after it emerged that the company may be facing insolvency. Neo & Bee then asked Havelock Investments to suspend trading of LMB Holdings shares. LMB....