Mastercard Announces Acquisition of CipherTrace

Mastercard, the US-based financial services firm, recently announced that the company is planning to acquire CipherTrace, one of the leading crypto intelligence companies, to enhance its capabilities in the field of digital assets. The terms of the deal were not disclosed, and the transaction is expected to close before the end of 2021. In the recent announcement, Mastercard also highlighted […]

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NAKJI NETWORK Completes A $8.8 Million Private Round Of Fundraising

Los Angeles, California, 9th September, 2021, NAKJI NETWORK, a blockchain big-data focused startup has completed a capital raise of USD $8.8M. Investors in the round include blockchain partners and venture capitalists that include Animoca Brands, CMS Holdings, Primitive Ventures, GBV, LD Capital, Rocket Fuel, One Block, Panony, and other notable investors .  This round of financing will allow Nakji to […]

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Government employee accused of mining crypto at public’s expense

An information technology operations supervisor at the Suffolk County clerk’s office in New York, Christopher Naples allegedly harnessed his position to place crypto mining equipment in various spots at the Riverhead Center in the New York county in which he worked.  Naples allegedly set up 46 devices for crypto mining, “in locations like an unused electrical wall panel or underneath […]

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Former Stockbroker Imprisoned for Money Laundering Charges

The UK Financial Conduct Authority (FCA) has announced on Thursday that Richard Faithfull was sentenced to five years and ten months imprisonment for money laundering charges. According to the press release, the individual was also disqualified for holding a company director role for the next ten years. The investigation pursued by the British authorities unveiled that Faithfull laundered around GBP […]

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El Salvador, BTC and fascism

Small blockers have an authoritarianism problem. It goes way back to the beginning of Bitcoin, too. The seeds were sown when Satoshi was still actively working on Bitcoin, and he was increasingly struggling with criticisms from a developer community who wanted him to move the project to GitHub and open it up for community development. They ultimately pushed him out […]

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Panther Protocol partners with the decentralized VPN ecosystem Sentinel

Midtown, Gibraltar, 9th September, 2021, Panther Protocol, a decentralize d privacy meta-protocol enabling confidential, trusted transactions, and interoperability with DeFi has now joined forces with Sentinel, a powerful protocol that enables the development of third-party and white-label decentralized Virtual Private Network (dVPN) services, interoperably with DeFi and Sentinel.  A blockchain-based decentralized bandwidth marketplace, Sentinel enables anyone to create a Virtual […]

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TORA Secures Peter Rank and Chris Hopton as It Expands to London

TORA announced that it has expanded its presence to London, and in the process, it has hired Peter Rank as its new Sales Manager and Chris Hopton as its Professional Services Manager, effective immediately. Finance Magnates recently learned in a press release that Peter Rank, who is experienced in relationship management and sales, and Chris Hopton, an experienced manager who […]

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