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Technology

Crypto Guru Pleads Guilty to Advising North Korea on Blockchain Technology
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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SEC Chair Gary Gensler Calls Blockchain Technology a Global Catalyst for Change
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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