Winklevoss Twins Sue Bitcoin Investor Charlie Shrem

The Winklevoss twins have filed a lawsuit against infamous BitInstant founder Charlie Shrem. They claim the Bitcoin investor stole 5,000 Bitcoins from them in 2012. Winklevoss Twins Lawsuit According to the New York Times, Shrem made several lavish purchases in 2018 that caught the attention of the Winklevoss twins. They filed a civil suit against him, convinced that Shrem made these purchases—which include a $2 million house and luxury cars—using the Bitcoins he had stolen from them in 2012. Shrem Worked for the Winklevoss Twins Before Lawsuit The twins hired…

BNP Paribas, HSBC, and 10 Other Banks Launch Hong Kong Blockchain Trade Finance Platform

A new Hong Kong-based blockchain trade finance platform has just launched this week that was developed by twelve major global banks, Reuters reported this Wednesday. The platform was developed by Canadian-based HSBC, France-based BNP Paribas, Great Britain-based Standard Chartered, and nine other major banks. Blockchain Trade Finance Platform The new platform is called eTrade Connect, and on Wednesday, HSBC said it reduced the time it takes to approve trade loan applications. Usually, these loans would take a day and a half to process, but thanks to eTrade, it has been reduced…