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blockchain

Crypto Guru Pleads Guilty to Advising North Korea on Blockchain Technology

As his criminal trial was set to start, a cryptocurrency expert pleaded guilty to conspiring to violating U.S. law by traveling to North Korea to give a presentation on how to use blockchain technology to launder money and evade sanctions. Virgil Griffith entered the plea in federal court in Manhattan on Monday, before jury selection […]

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blockchain

SEC Chair Gary Gensler Calls Blockchain Technology a Global Catalyst for Change

U.S. Securities and Exchange Commission head Gary Gensler says he believes the technology underlying cryptocurrencies is beneficial. In a new interview with the Washington Post, Gensler says that blockchain technology, which gained its present-day prominence after the mysterious Satoshi Nakamoto created Bitcoin (BTC), is helping to improve payment systems.   “Nakamoto-san’s innovation, not only Bitcoin […]

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