Winklevoss Twins Sue Charlie Shrem For Allegedly Stealing 5,000 Bitcoin

News | November 5, 2018 By:

Charlie Shrem, an entrepreneur, bitcoin advocate, and convicted felon, is being sued by Cameron and Tyler Winklevoss, the founders of crypto exchange Gemini, for allegedly stealing 5,000 bitcoin.

Shrem, CEO of now-defunct bitcoin exchange BitInstant, spent a year in prison for allegedly laundering $1 million worth of bitcoins to help users of the Silk Road marketplace anonymously make illegal purchases.


Cloud Giant Xunlei Launches Blockchain Platform ThunderChain

Announcements, Blockchain, News | April 23, 2018 By:

Chinese cloud network provider Xunlei has launched a high-performance blockchain platform which it claims can concurrently conduct millions of transactions per second (TPS).

Founded in 2003, Xunlei operates a powerful Internet platform in China based on cloud computing to provide users with access to digital media content through its core products and services,


JPMorgan Chase Sued Over ‘Sky-High’ Cryptocurrency Fees

Crime, News | April 12, 2018 By:

JPMorgan Chase has been hit with a class-action lawsuit in Manhattan federal court for charging “sky-high” interest rates and fees to customers who used their credit cards to buy cryptocurrencies.

Brady Tucker, the plaintiff named in the April 10 complaint, alleges that Chase Bank charged additional layers of fees and much higher interest on the cash advances versus what they charge for credit card purchases,