Category: Blockchain

Refereum introduces Crypto Payouts to PUBG Users.

Crypto game marketing startup which Labels itself “the first referral marketplace for games” Refereum announced a partnership has been established with the significant Fortnite competitor, PlayerUnknown’s Battlegrounds (PUBG) a South Korean online games developer and publisher. Refereum, which rewards users in its  RFR token, is scheduled to extend its in-game rewards system to players in the Battlegrounds of Playerunknown, it is one of Xbox’s top popular games, with more than 8 million sales. In a press release, the company disclosed that it is providing the RFR tokens for the ….

Rep. Maxine Waters Requests Halt of Facebook to on the Libra cryptocurrency

The head of the United States House of Representatives Committee on Financial Services Maxine Walters has requested that Facebook to stop development of its new Libra cryptocurrency until it is possible to hold hearings. The request from Waters came hours after Libra had been unveiled by Facebook. “Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a cryptocurrency ….

‘ Magic ‘ the new Crypto Trading Platform from John McAfee kicks off

The computer programmer, cybersecurity specialist and entrepreneur John McAfee has just introduced his recent project – McAffee Magic, a crypto trading platform. McAffee’s ‘Magic’ is more of an aggregator for cryptocurrency exchange than a standalone  exchange. It presently enables it’s customers to trade through a single embedded dashboard on various exchanges.No cryptocurrency keys are stored by McAfee Magic itself. To set this up, users will need to plug in APIs from their other exchanges. The platform comes with two options – normal ….

Stephen Palley Suggests That Kik Would Need An Upwards Of $10 million USD In Court Battle with SEC

It’s no news that the SEC sued Kik Interactive, Inc. in New York Federal Court on June 4 The SEC sued Kik for supposedly operating an unregistered securities sale when it introduced an original coin offering (ICO) for its kin token in 2017. Kik announced that they were planning to battle against the SEC lawsuit and since then, the firm has raised roughly $5 million in crypto to battle against SEC stating that tokens are currencies used in its implementation and regulated by an autonomous foundation and that the SEC engages in regulatory abuse of power that is detrimental to development and outside the limits of its statutory authority. While speaking to CNBC’s Ran Neuner, popular ….

Vancouver Mayor Suggests Ban on Bitcoin Atms

The authorities of Vancouver are turning against the Bitcoin ATMs due to money laundering issues, the Next Web reported on June 5.Bitcoin ATMs are under gubernatorial pressure after a rise in criminal operations being carried through the machines, according to The Star. Mayor Kennedy Stewart of Vancouver proposed during a latest council conference that banning Bitcoin machines was an alternative deemed to contain crypto-related fraud and money laundering. Employees of Vancouver City Hall have now been tasked with conducting research on the subject. Reports from the Vancouver police in February may have led to the anti-crypto position. The Vancouver police stated in the study that Bitcoin ATMs were extremely efficient  for money laundering by organized criminal organizations. The report also stated that in 2017 cryptocurrency-related crimes had risen by a ….

Brazil shuts down a crypto pyramid scheme worth $210 million.

Brazil’s authorities arrested 10 people for running a pyramid scheme involving cryptocurrencies worth BRL 850 million (around $ 210 million) after a massive search and seizure operation.Local news media outlets reported on May 21, including Correido Do Povo. Operation Egypt was the name of the operation which is to find and arrest these scammers and was performed on May 21st. The local ….