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Tag Archives: Backed

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency. Attorney General Matthew Whitaker Backed an Alleged Scam Company Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the Russia probe.  In his place, ...

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Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal MotherJones reported Nov. 14. Whitaker, a Trump loyalist, was appointed by the U.S. president to replace former attorney general Jeff Sessions Nov. 7. Among other controversies, Whitaker is now being scrutinized for his ...

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Iran Disconnected From SWIFT, Launches State Backed Crypto Rial

Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. In response, the authorities in Iran have accelerated the development of their state-backed national digital currency. Central Bank of Iran’s State Backed Cryptocurrency According to ...

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Oil Industry Backed Blockchain Energy Platform Launching This Month

Some of the biggest names in the energy sector have come together with equally large banks and financial institutions in order to launch a blockchain based energy commodity platform before the end of the year. BP and Shell Join Big Banks for Blockcahin Project According to reports, oil giants BP, Shell, and Equinor have backed a project supporting the modernization ...

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Blockchain Powered Mobility, Backed by InMotion Ventures, Powered by Jaguar Land Rover

London, UK. August 24 2017 – DOVU, the global marketplace for transport data, announces its token sale, scheduled for 3 Oct, 2017. The project aims to create a distributed marketplace for the give and take of transport-related APIs, fuelled by the DOV token. DOVU is pioneering a digital economy for the mobility sector. At the moment, transport data is difficult ...

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Company to Create a Coin Backed by Swiss Franc

A Swiss company, Alprockz AG, has developed the cryptocurrency ROCKZ, and says it is the first coin paired to one of the most stable fiat currencies in the world —  the Swiss Franc (CHF). According to the company, it has already partnered with Geneva Swiss Bank – GSbanque. The team calls the product “the most reliable and predictable crypto cash”, ...

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New Ethereum-Based Token to Be Backed by Bitcoin

U.S. crypto wallet and blockchain security firm BitGo has announced the development of an Ethereum (ETH)-based coin backed 1:1 with Bitcoin (BTC), according to an official blog post Friday, Oct. 26. The announcement reads that Wrapped Bitcoin will provide users with a “wide variety of new decentralized use cases including on decentralized exchanges (DEXs), as collateral for stable coins or ...

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North Korea Allegedly Backed Two Cryptocurrency Scams This Year

According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins. In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to North Korea. The first ...

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Want to Meet Your Favorite Celeb? New Platform Backed By Jason Derulo Could Make it Happen

A platform enabling celebrities to “cryptonize” their popularity on an exchange powered by blockchain, while giving fans the opportunity to connect and engage with their idols in new ways, has attracted the support of several prominent stars. GCOX recently announced that Jason Derulo – the American singer-songwriter who has sold more than 30 million singles, making him a mainstay on ...

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