The US Federal Trade Commission (FTC) sued a startup that promised crowdfunding participants a smart backpack, but instead spent money to buy BTC and pay for credit cards.

The lawsuit states that Douglas Monahan and his company iBackPack of Texas raised $ 800,000 to "develop several products," including a smart backpack with batteries for charging phones and laptops. However, instead of releasing the iBackpack, as the FTC claims, Monahan was spending money "on personal goals." The commission also claims that Monahan threatened displeased customers on the Internet.

After hacking of the Binance cryptocurrency exchange, which resulted in 7,000 BTC stolen, founder of Tron Justin San announced his intention to make a deposit on Binance in the amount of USD 40 million.

"To support Binance, I will personally deposit 7000 BTC worth USDT (40 million USDT) into Binance to buy BNB, BTC, TRX, & BTT if CZ agrees. No need to FUD! Funds are #SAFU," he wrote on Twitter.

One of the largest cryptocurrency exchanges, Binance, reported a burglary, as a result of which hackers were able to obtain some user data and withdraw 7,000 BTC from the hot wallet of the exchange.

The official report says that the attackers managed to get hold of a significant number of API-keys of users, as well as codes of two-factor authentication. Perhaps they were able to obtain other user data.

The platform proposed as a solution to the mismatches and difficulties in the social network market by NODIS aims to solve the problematic points of social network marketing through the "Challenge program". In the platform proposed by the founding team, companies can post a challenge on the platform for people to participate. It can be something like "taking a selfie in front of a store and publishing it on social networks". Once the requested challenge is submitted for review, platform users can vote if it fulfills the challenge criteria.

The analytical company Delphi Digital has conducted a study, according to which the bottom of the cryptocurrency market has already been passed and a new cycle of Bitcoin exchange rate growth has arrived.

The researchers analyzed the blockchain first cryptocurrency, macroeconomic trends and several options for technical analysis. Judging by the analysis of the bitcoin blockchain, especially by the distribution of unspent transactions by age (UTXO), the bottom of the current cycle has already been passed.

A few days ago, Bitcoin updated the annual maximum, rising above $ 5,800. Some analysts have already stated that Bitcoin is preparing for the campaign to the level of $ 400,000.

Today, "digital gold" on most exchanges is trading at about $ 5,700. Market capitalization exceeded $ 100 billion, and daily trading volume is more than $ 14 billion.

Stablecoin, which is allegedly developing the social network Facebook, will serve as the foundation for the creation of a new payment system.

Project Libra - the internal name of the new blockchain-initiative Facebook - will use a stable cryptoasset, secured by fiat currency. Various sources report that the company is already working on attracting financial companies that will support the project.

Bloconomic 2019 is expected to shake Malaysia Blockchain industry with the interconnected eventthat happen twice this year to disrupt the 'winter market' also to appreciate the effort of blockchain organizations with the very first blockchain award in Malaysia. In continuous effort in bringing together global thought leaders to Malaysia, Bloconomic is expected to gather 3000 audience in Bloconomic Expo on August 15th – 16th 2019. The launching took place recently on 25th April 2019 in the Le Meridien, Putrajaya with the successful turnout to a one-day event, Bloconomic Excellence Award.

XCrypt, a full-fledged hybrid crypto exchange platform, is gearing up for its highly anticipated token sale on the 24th of May. The platform is aspiring to be at the forefront of the fintech revolution by combining the traditional world of finance with the vast array of innovations made possible by blockchain technology.

The XCrypt platform is currently in its launch phase, which is good news for investors as the native token that powers the exchange ecosystem can still be purchased. For the token sale, the XCrypt team decided to take the Initial Exchange Offering route in collaboration with IDAX. With the platform's support for cryptocurrencies, fiat currencies and securities and its impressive list of strategic partnerships, an integrated debit card and innovative social media trading features, the XCrypt IEO is a token sale to get excited about. 

Many gamers are natural born entrepreneurs, only they just haven't realized it yet. Gamers persevere in their attempt to solve a problem, using and honing their skills during every hour of play to overcome challenges and earn the ultimate reward: Beat the game.

As it happens, perseverance, cooperation, and problem solving are particularly useful skills for entrepreneurship. Peerion facilitates and fosters gamers to use these abilities through a gamified environment where they can solve real-world problems and monetize their talent and engagement with the platform.