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Tag Archives: case

Litecoin Founder Says in ‘Best Case’ Recent Bank Stake Could Result in Crypto Services

Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee mentioned the possibility of the bank offering crypto services. Last week, the Litecoin Foundation acquired a 9.9 percent share in ...

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A Case of Brain-Drain? Indian Investors Set Up $20 Million Cryptocurrency Fund in USA

Despite India’s strict stand on cryptocurrencies, native entrepreneurs and blockchain enthusiasts are stopping at nothing to play their part in the burgeoning sector. India’s Loss is USA’s Gain While some cryptocurrency businesses are shifting base or launching litigations against the government, a small group of influential investors from the country have launched B1T Capital – a U.S.-based incubator focused exclusively ...

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20 Arrested in Cryptojacking Case Allegedly Affecting Over 1 Million Computers

20 suspects have been arrested in China in a major cryptojacking case allegedly affecting over one million computers and generating 15 million yuan (about $2.2 million) in illicit profits, local news source Legal Daily reports today, July 9. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to ...

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Kik Premium Chat Themes Are the First Kin Token Use Case

One of the more interesting initial coin offerings was the one organized by Kik. The popular messaging application issued its own native token, known as Kin. Although that took place some time ago, it has taken until now to officially integrate the new token into the Kik ecosystem. Kin Functionality Has Arrived With any initial coin offering, the use cases ...

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Fmr. Indian Politician Declared ‘Offender’ in $1.3 Million Bitcoin Extortion Case

Open Positions at CCN: Full Time and Part Time Journalists Wanted. An absconding former Indian politician and lawmaker has been declared an ‘offender’ by an Indian court after his involvement in a criminal kidnapping case complete with extortion in bitcoin. According to a report by the Indian Express on Monday, a local sessions court in Ahmedabad, a city in western ...

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Former Legislator in Bitcoin Extortion Case Declared Proclaimed Offender

An Indian court declared former Member of the Legislative Assembly (MLA) Nalin Kotadiya a proclaimed offender in connection with a Bitcoin (BTC) extortion case amounting to $1.3 million, Business Standard reported June 18. Judge PG Tamakuwala declared Kotadiya a proclaimed offender or “absconder” under Section 82 of the Code of Criminal Procedure with reference to an application filed by the ...

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The Case for Tokenization in Healthcare

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Healthcare globally is tragically broken. Costs in virtually every country are spiraling out of control and the population of people with chronic diseases is rising at a rapid rate. Governmental and industry led ...

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Japanese Police Arrest 16 Individuals in Monero Cryptojacking Case: Report

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Cryptojacking is the process of installing mining scripts or outright malicious malware onto computers of unsuspecting users to mine cryptocurrencies. The most popular among these is Coinhive, a javascript mining script installed on websites. Hackers have been installing Coinhive on websites with weak security to mine Monero. Since Monero ...

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16 Arrested in Monero Cryptojacking Case, Local Media Report

Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested individuals are suspected of installing ...

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