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Floyd Mayweather-backed Centra Tech ICO founders indicted for fraud

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The founders of Centra Tech, a company that raised a $32 million ICO, have been indicted for wire fraud and securities fraud, charges that could lead to a minimum of five years in jail. The founders, Raymond Trapani, Sohrab Sharma, and Robert Farkas, were found guilty of trying to defraud investors with their ICO. The […]

The SEC creates an educational “token” to stop scammers

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“Travel is expensive, but we are at the cusp of a revolution that will democratize travel and leisure for everyone,” reads the breathless white paper for HoweyCoins. “The Internet was the first part of the revolution. The other part is blockchain technology and cryptocurrencies.” “I’m all about HoweyCoins – this thing is going to pop […]

Coinbase’s first investment, Compound, earns you interest on crypto

compound interest cryptocurrency1 150x150 - Coinbase’s first investment, Compound, earns you interest on crypto

Compound wants to let you borrow cryptocurrency, or lend it and earn an interest rate. Most cryptocurrency is shoved in a wallet or metaphorically hidden under a mattress, failing to generate interest the way traditionally banked assets do. But Compound wants to create liquid money markets for cryptocurrency by algorithmically setting interest rates, and letting you […]

Yes, HTC is working on a ‘blockchain phone’

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A few weeks ahead of its latest flagship announcement, HTC just revealed another piece of hardware. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in New York that its upcoming Exodus handset is embracing everyone’s favorite tech buzzword. So, what […]

Veridium Labs teams with IBM and Stellar on carbon credit blockchain

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Veridium Labs has been trying to solve a hard problem about how to trade carbon offset credits in an open market. The trouble is that more complex credits don’t have a simple value like a stock, and there hasn’t been a formula to determine their individual value. That has made accounting for them and selling […]

Xage introduces fingerprinting to protect industrial IoT devices

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As old-school industries like oil and gas increasingly network entities like oil platforms, they become more vulnerable to hacking attacks that were impossible when they were stand-alone. That requires a new approach to security and Xage (prounounced Zage), a security startup that launched last year thinks it has the answer with a concept called ‘fingerprinting’ […]

What do AI and blockchain mean for the rule of law?

gettyimages 90928252 150x150 - What do AI and blockchain mean for the rule of law?

Digital services have frequently been in collision — if not out-and-out conflict — with the rule of law. But what happens when technologies such as deep learning software and self-executing code are in the driving seat of legal decisions? How can we be sure next-gen ‘legal tech’ systems are not unfairly biased against certain groups […]

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