As Modern Consensus reported in late August, Coinbit was confiscated by the authorities over alleged fraud and faking over 99% of its trading volume through wash trading. Police believe the manipulation occurred between August 2019 and May of this year, with a ghost account used to inflate the transaction volume, the report said.
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- "I want to be buried in Hudson County so that I can remain active in politics," remarked late NJ governor Brendan Byrne (via Shutterstock).
Blockchain technology to tackle another American election
After a successful test in West Virginia, blockchain-based voting moves to Denver, and beyond politics to shareholder meetings
Eighteen years after the Florida hanging chads debacle cast the legitimacy of an American president into doubt, the voting technology introduced to fix those problems remains so vulnerable to hacking that the National Academy of Sciences, Engineering, and Medicine in September urged a return to paper ballots and an end to Internet voting. That’s a problem blockchain developers think they can fix.