Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on Odysee, arrives in the aftermath of a contentious legal battle with the U.S. Securities and Exchange Commission (SEC). The post marks […]
Ripple Acquires Crypto Financial Services Company Fortress Trust
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple Acquires Fortress Trust The acquisition provides Ripple with Fortress Trust’s financial, regulatory, and technological infrastructure to serve the […]
Israeli Cyber Crime Unit Raids Company Accused of Producing a Crypto-Stealing ‘Sting Software’
Israeli law enforcement recently raided the offices of a company accused of producing software used by criminals to defraud crypto investors of millions of dollars. Some six suspects were arrested following the raid on a company that is reportedly operated by the country’s infamous crime families. ‘Sting Software’ The Israeli police’s National Cyber Crime Unit […]
CoinCatch’s Parent Company Intends to Participate in the Strategic Investment in CoinDesk
PRESS RELEASE. 17 Aug 2023 (BVI) – Linkbase Technology Limited, the parent company of the global cryptocurrency exchange CoinCatch expressed the intention to participate in the strategic investment in CoinDesk to strengthen the crypto media landscape amidst the current challenging market conditions. This intention is driven by a shared vision to fortify CoinDesk’s position as […]