Poloniex Will Pay $7.6M in Settlement with OFAC
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
Coinme, Up Global, and Neil Bergquist, CEO of both firms, have settled a dispute with the US Securities and Exchange Commission (SEC).
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
A group of creditors for Genesis have rejected the restructuring deal that had been agreed to in February.
Last week saw Ethereum-linked digital asset investment products experience net inflows of around $17 million.

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payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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