Tag Archives: Million

Cryptocurrency Entrepreneur Charged with $8.75 Million Extortion

A cryptocurrency entrepreneur has been charged with extorting an unnamed, Seattle-based digital asset startup. Steven Nerayoff stands accused of threatening to “wreck the company” should the firm not meet his demands of more than $8 million. Nerayoff was reportedly brought on by the company as

Norway Bank Invests $1.65 Million in Local Bitcoin Exchange

Norwegian savings bank Sparebanken Øst has invested $1.65 million in a local bitcoin exchange as demand for cryptocurrencies booms amidst an ongoing economic slowdown. Sparebanken Øst purchased a 16.3 percent stake in Norwegian Block Exchange (NBX), a digital assets trading platform founded by airline tycoon