• eMusic launches digital token
    Alt coins

    eMusic led the way with MP3 downloads. Can it do the same on blockchain?

    The 22-year-old music company has launched digital tokens so artists are fairly compensated when songs are bought… but there are a few drawbacks

    eMusic was one of the first companies to bring song downloads to the internet—now, it’s attempting to be a trendsetter once again by embracing blockchain.

  • Zcash traceable
    Alt coins,  Technology

    Without a trace? Not Zcash, researchers warn

    It has been billed as a privacy coin boasting advanced cryptographic technology, but new research suggests these features are going unused

    A new study by Carnegie Mellon University has uncovered a huge problem with one of the biggest privacy coins… just 0.09% of Zcash transactions in a 30-day period were untraceable.

  • Class action lawsuit against Block.one
    Alt coins

    Class action lawsuit against Block.one calls $4B ICO ‘biggest of all crypto frauds’

    A lawsuit says the sale of EOS tokens ‘arises out of a fraudulent scheme, fueled by a global frenzy over cryptocurrencies and unchecked human greed’

    Disgruntled investors have brought a class action lawsuit against Block.one, accusing the blockchain software firm of netting $4 billion through an illegal initial coin offering for an unregulated asset that became “virtually worthless.”

  • Libra hires Robert Werner
    Alt coins,  People

    Libra Association hires another exec with financial enforcement experience

    Robert Werner, a former director of the Financial Crimes Enforcement Network, will become the stablecoin governing body’s general counsel

    Robert Werner "brings a wealth of regulatory, financial crime compliance and enforcement experience from his work in both the public and private sectors,” the Libra Association said on May 19.