Blockchain
A Multibillion-Dollar Cryptocurrency Based on ‘Lies’: US Arrests Alleged OneCoin Leader
Posted in: News
Mar
09
2019
Konstantin Ignatov, one of the heads of the infamous OneCoin pyramid scheme, has been arrested on wire fraud charges. U.S. prosecutors in New York have arrested a “top leader” of the OneCoin project, saying it stole “billions” from investors through an alleged pyramid scheme. The ...more »
Tagged width: blockchain, fintech
Set
14
2018
The World Economic Forum (WEF) and Bain & Company conducted a joint research indicating that, by deploying blockchain, global businesses can generate an extra $1 trillion in trade finance that would otherwise be missed out on. According to an Asian Development Bank calculation, the global trade ...more »
Tagged width: blockchain, fintech
Gen
25
2018
Blockchain holds great promise to become a new standard for financial transactions. It is designed to record and check the validity of transactions using a consensus-based mechanism, without third parties guarantees. It began as a validating technology for Bitcoin digital currency, but its applications are spreading ...more »
Tagged width: blockchain, fintech
