Red Date Technology, one of the four founding members of the Chinese Government-backed Blockchain Service Network (BSN), has announced Korean firm MetaverseSociety as the first BSN portal operator located outside of mainland China.Twitter account “BSNbase” broke the news on Sept. 1, announcing that MetaverseSociety expects to launch its BSN portal during November of this year. … [Read more...] about Korean firm will become first BSN portal operator outside of China
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Darknet crypto mixer operator pleads guilty to laundering $300M in BTC
Ohio man, Larry Dean Harmon, has pleaded guilty to laundering more than $300 million while operating the Darknet-based Bitcoin mixing service, Helix. On August 19, The U.S. Department of Justice announced that the 38-year-old pleaded guilty to laundering more than 350,000 Bitcoin through Helix from 2014 through 2017.Bitcoin mixers are used to help people anonymize their … [Read more...] about Darknet crypto mixer operator pleads guilty to laundering $300M in BTC
French court sentences BTC-e operator Alexander Vinnik to 5 years
A court of appeals in Paris has upheld the five-year prison term in the case against BTC-e operator Alexander Vinnik.The court upheld a December 2020 verdict and prison sentence, finding that Vinnik/BTC-e had committed money laundering as part of an organized criminal group, and provided false information about the origin of the proceeds. The Parisian court dismissed several … [Read more...] about French court sentences BTC-e operator Alexander Vinnik to 5 years
Operator of China’s first Bitcoin exchange reportedly exits crypto
BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business, according to some reports.The company sold its stake in the Singapore-registered Bitcoin exchange ZG.com to an unidentified foundation in Dubai, Chinese news agency The 21st Century Business Herald recently reported.According to the report, ZG.com is a completely independent … [Read more...] about Operator of China’s first Bitcoin exchange reportedly exits crypto
French utility giant pursues carbon neutrality as Hedera node operator
French utility giant Électricité de France has joined the Hedera Governing Council as a node operator. EDF, which is among the top five global utility firms, represents the first from its industry to join the council and will use the technology as part of its aim to achieve carbon neutrality by 2050. The Hedera network is a public, enterprise-grade blockchain that is owned and … [Read more...] about French utility giant pursues carbon neutrality as Hedera node operator