Tag: USA

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Blockchain Healthcare Firm Wins US National Science Foundation Grant

SimplyVital Health has received a $225,000 grant from the U.S. National Science Foundation to research means of reducing healthcare costs. New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol. The NSF awarded the…
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Virginia Bitcoin Mining Operation Ordered to Liquidate Assets

BCause Mining, a Bitcoin mining operation in the city of Virginia Beach was ordered to liquidate its assets and shut down its operations. BCause Mining, a Bitcoin (BTC) mining operation in the city of Virginia Beach in the United States, was ordered to liquidate its assets.  In an Oct. 9 article, local news outlet the…
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Block.One Slapped With $24M Fine — Cost of Doing Business?

Following a settlement with the SEC on favorable terms, Block.One is getting back to business. On Sept. 30, the United States Securities and Exchange Commission (SEC) announced that it had reached a civil settlement with EOS parent company Block.One following an investigation into violations of the SEC’s security offering regulations.  The decision has sparked a…
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Class Action Accuses Tether and Bitfinex of Market Manipulation

A New York-based legal firm filed a class-action suit against Tether and Bitfinex, accusing the firms of crypto market manipulation. A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation. “Largest bubble in history” Roche Freedman filed a class-action suit alleging that the stablecoin firm and…
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Ex-Federal Prosecutor: US Blocking Libra Has National Security Implications

Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile…
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SEC: If Bitcoin Was a Security, It Would ‘Raise Substantial Issues’

Bitcoin is not a security, says the United States Securities and Exchange Commission in a letter to Cipher Technologies Bitcoin Fund. The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined…
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Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade

Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine. Drugs paid for…
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US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO

The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong. Brian Armstrong, CEO and co-founder of major crypto exchange Coinbase, tweeted on Oct. 5 that he expects the United States government to react to China’s stablecoin project by reconsidering its “ridiculous” response to Facebook’s Libra…
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Walmart Uses Blockchain Tech to Track Shrimp Supply Chains

United States retail giant Walmart will use blockchain technology to track its Indian-sourced shrimp. United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains. On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations…
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Crypto Rating Council Is Out to Help Change US Regulatory Landscape

The launch of the Crypto Rating Council (CRC) has seemingly been met with a lot of positivity across the global crypto landscape. At the end of September, a number of established crypto firms (including Kraken, Bittrex and Coinbase) that are currently operating in the United States came together to establish a new governance body called…
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