Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years

News Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years along with his team of thieves.  Also read: Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs ‘Big Bitcoin Heist’ Sindri Por Stefansson hit headlines last year after managing to escape from his jail cell following his…

Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years

Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years along with his team of thieves.  Also read: Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs ‘Big Bitcoin Heist’ Sindri Por Stefansson hit headlines last year after managing to escape from his jail cell following his arrest…

Australian Securities Exchange Delays Planned Switch to Blockchain By Six Months

The Australian Securities Exchange (ASX) has announced that it will delay its transition to  use blockchain for equity transactions by six months, the Sydney Morning Herald reports September 4. As Cointelegraph has previously reported, the ASX has been working to implement blockchain as of December 2017 to replace its current system for processing equity transactions. According to the Sydney Morning Herald, the decision to delay the move comes as the exchange plans to devote more time to user development and testing. The launch date for the switchover has now been…

Binance Offers First Look At Planned Decentralized Crypto Exchange

Cryptocurrency exchange Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX) on Thursday. Binance, one of the world’s largest cryptocurrency exchanges by trading volume, announced back in March that it plans to launch a new public blockchain for the purposes of developing the Binance Chain, a platform to transfer and trade different crypto assets without a centralized operator. This week, CEO Changpeng Zhao provided the first demonstration of the Binance Decentralized Exchange and the Binance Chain. “Today, I have something really exciting to share with you guys. This…