EXCHANGES

21-Year-Old SIM-Swapping Mastermind Is Jailed for 10 Years

[ad_1] Joel Ortiz, the 21-year-old student who was accused of stealing over $7.5 million in digital assets via a SIM swapping operation, has been sentenced to 10 years in prison. He had pleaded guilty in February and accepted the plea bargain. According to the official documents released on April 22, 2019, Ortiz was accused by the Santa Clara County’ District Attorney’s Office of hacking over 40 cellphones. The attorney’s office
ALTCOIN

Bitcoin Almost Touches $5,600, Forming Its First Bullish Golden Cross Since October 2015

[ad_1] Tuesday, April 23 — crypto markets rallied today, with bitcoin (BTC) hitting its new 2019 high of over $5,500.Most of the top 20 cryptocurrencies by market cap are solidly in green at press time, with tezos (XTZ) having jumped more than 12% over the past 24 hours. On the other hand, binance coin (BNB) and bitcoin SV (BSV) tumbled around 2.7% and 1.2%, respectively.Market visualization from Coin360Bitcoin continued to
BLOCKCHAIN

White Paper Writers Can Earn $50K, But Say Startups Often Mislead Investors

[ad_1] White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors.The writers told the website as part of its two-week investigation that completing a paper can take up to eight months and cost between $1,000 and $50,000, with most of the work found via platforms such as LinkedIn and Upwork. Many of
BLOCKCHAIN

Binance DEX Launches on Native Mainnet Earlier Than Planned, Invites Community Input

[ad_1] Binance, the world’s largest crypto exchange by adjusted volume, has launched its decentralized trading platform (DEX) earlier than planned, according to a press release shared with Cointelegraph on April 23.The move comes just a week after the exchange launched its native blockchain, Binance Chain, which will power the new decentralized platform.While Binance DEX trading is set to go live at an unspecified later date, users can as of today
EXCHANGES

5 Worst Performing Cryptocurrencies Against Bitcoin in 2019

[ad_1] Bitcoin has gone through yet another leg up, gaining 5 percent in the past 24 hours alone. And while some altcoins have managed to increase even surpass BTC, others have been left hanging in the dry. Below we take a look at the 5 worst performing cryptocurrencies against Bitcoin so far in 2019. Ethereum (ETH) Ironically, the second largest cryptocurrency in terms of total market capitalization has been declining
Business

BitGo Completes Further SOC 2 Compliance Certification Year After Deloitte Award

[ad_1] Blockchain security firm BitGo has gained a further security certification from an external auditor after a review of its compliance, cryptocurrency industry news resource The Block reported on April 23.BitGo, which last year gained a service organization control (SOC) 2 Type 1 certification from Deloitte, has now upped its procedures to conform to the Type 2 requirements of the same standard.SOC 2 is a universal reporting framework, and Type
ALTCOIN

Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates

[ad_1] A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in its centralized counterparts.According to the SovereignWallet Network, M.DEX is designed to address three key issues that have been having a detrimental effect on the usability and security of crypto transactions, for experienced consumers as well as newcomers.The first concerns
BLOCKCHAIN

21-Year-Old Jailed for 10 Years After Stealing $7.5M in Crypto By Hacking Cell Phones

[ad_1] A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell phones. Prosecutors in Santa Clara announced the jail sentence on April 22.In February, Joel Ortiz had pleaded guilty and to theft and accepted the 10-year plea deal.Ortiz stole more than $7.5 million from at least 40 victims: the
Business

Japanese Regulator Conducts Flash Inspection of Huobi Japan, Fisco Exchanges

[ad_1] Japan’s financial regulator has reportedly investigated two domestic cryptocurrency exchanges to check consumer protection and legal compliance, Cointelegraph Japan reported on April 23.According to anonymous source originally speaking to Reuters, the investigation by the Financial Services Agency (FSA) on April 17 involved trading platforms Fisco and Huobi Japan, the local off-shoot of Chinese exchange Huobi.Fisco Digital Asset Group (FDAG) has been working with Tech Bureau Inc., the operator of
EXCHANGES

Serena Williams Investing in Cryptocurrency Exchange

[ad_1] Serena Williams, the renowned American tennis player and 23 Grand Slam winner, has made a recent announcement stating that her secret investment firm Serena Ventures will invest in thirty companies, one of which is Coinbase, a top cryptocurrency exchange. In recent times, there have been quite a number of big firms, personalities, and celebrities that have gotten involved in cryptocurrency investments. It now seems that Serena Williams has joined