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Cryptocurrency News Roundup for August 21, 2020
The ambiguity surrounding the legal and regulatory status of Bitcoin, and by extension, the decentralized digital economy, in Europe could soon become a thing of the past. According to new reports, the European Union (EU) is currently in the final stages of preparing a “historic” proposal for cryptocurrency regulation. дальше »
2020-8-21 20:23 | |
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1,500 Reports Against Cryptocurrency Per Month In The US Alone
FinCEN, the United States Financial Crimes Enforcement Network have reported that on average, over a month, they receive around 1,500 reports against cryptocurrency and illicit use of digital currencies. дальше »
2018-8-14 06:00 | |
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Winklevoss Twins Still Predicting Wall Street Adoption of Cryptocurrency in Wake of Bitcoin ETF Denial
Despite being denied for a second time by the US Securities and Exchange Commission for a proposed Bitcoin ETF, Gemini cryptocurrency exchange founders Tyler and Cameron Winklevoss continue to express optimism for the future of cryptocurrency adoption on Wall Street. дальше »
2018-8-14 22:56 | |
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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam
Is your cryptocurrency portfolio looking a little light lately? That’s nothing compared to one Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam this year. Bangkok Post reports that businessman Aarni Otava Saarimaa was approached by a group who sought to link him up with some hot investments: shares in a few high-profile companies and a cryptocurrency called Dragon Coin. дальше »
2018-8-13 13:05 | |
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British Cyber Crime Center Reports $2.5 Million Lost in Cryptocurrency Scams This Summer
A new report published by the British authorities warns citizens of a noticeable increase in cryptocurrency investment scams taking place within in the country over the summer. According to national fraud and cyber crime reporting center Action Fraud, 203 incidents of fraudsters cold calling victims using social media platforms to advertise ‘get rich quick’ investments involving… The post British Cyber Crime Center Reports $2. дальше »
2018-8-11 19:40 | |
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Facebook Denies Stellar (XLM) Discussion and Blockchain Partnership, But Facecoin Still a Play?
Facebook Denies Starting Talks with Stellar (XLM) The famous social network Facebook denies starting arrangements with the cryptocurrency network Stellar (XLM). The information has been released by Cheddar on August the 10th after a conversation the site had with a Facebook spokesperson. дальше »
2018-8-11 07:50 | |
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United Kingdom Reports Crypto Scam Losses Worth $2.5 Million USD This Summer Already
The British Police has recently divulged an information that scams related to the cryptocurrency market have made 2 million GBP ($2.55 million USD) worth of losses in this summer. The information was made together with a public announcement that fraudulent schemes with crypto are very common and investors should be cautious. The statistics come from […] дальше »
2018-8-11 07:44 | |
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Iran Steps Up Plan for National Crypto After US Sanctions
Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. дальше »
2018-8-11 02:10 | |
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Crypto Rumor Warning: Is KuCoin Exchange’s Hong Kong Office Empty?
Most individuals in the cryptocurrency community are familiar with KuCoin, one of the most used trading exchange available for altcoins right now. But recently, reports surfaced that are implying their entire operation could be non-existent. дальше »
2018-8-11 01:16 | |
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Crypto Mining Company Bitmain to File $18 Billion Initial Public Offering, An IPO Even Bigger than Facebook’s
Cryptocurrency mining giant Bitmain has released documents revealing that the company is about to go public, with plans to file an initial public offering potentially as high as $18 billion at a market capitalization of $40 to $50 billion, reports Coindesk. дальше »
2018-8-11 00:14 | |
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The Vast Majority of Bitcoin Transactions are Used for Legal Activities Reports the DEA
The U. S. Drug Enforcement Administration (DEA) has found that cryptocurrency use is now dominated by Bitcoin speculators, and the ratio of legal to illegal activity surrounding Bitcoin has reversed. дальше »
2018-8-10 22:51 | |
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IMMO High1000 Guide: Can Mortals Get Into the Ranks of the Crypto-Elite?
For the past several months the cryptocurrency community has been discussing the IMMO reserve cryptocurrency project. At different times, in one or another way IMMO topics involving influential personalities as Vitalik Buterin, Lon Wong, Jimmy Song, Tim Draper, Simon Cocking and other experts were coming out. дальше »
2018-8-10 21:43 | |
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Partnership Announcement Puts Stellar Lightyear’s Ahead Of Rivals
According to reports, a new partnership announcement between SHIFT Markets and Lightyear will see a brand new integration for the Stellar network, one that not only promises to bolster Stellar’s reputation, but also promises ease XLM up too. дальше »
2018-8-10 16:30 | |
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Coinbase’s Strategy for It’s Platform’s Scalability
The popularity and acceptance of cryptocurrencies grew tremendously last year. Reports have it that the total market capitalization of the crypto industry surged to $600 billion from the previous record of $20 billion. дальше »
2018-8-10 16:00 | |
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Four ways to Retain your Investment in the midst of Cryptocurrency Downtrend
There are reports that the present decline in the value of cryptocurrencies might be as a result of the panic that the postponement of the decision that the Security and Exchange Commission ought to make this month about bitcoin futures and ETFs on investors. дальше »
2018-8-9 17:24 | |
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Russia: Court Issues First Ever Fine For Cryptocurrency Advertising
A Russian court has ruled for the first time that a local newspaper must pay a fine of 50,000 rubles ($760) after it ran a cryptocurrency mining advertisement. ‘Financial, Not Consulting Services’ As local news outlet Interfax reports August 8, the Eleventh Arbitration Court of Appeal (ACA) found the publication Edinstvo Nizhnekamsk, which circulates in the Republic of Tatarstan, in breach of advertising regulations. дальше »
2018-8-9 14:00 | |
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For the First Time Ever US Congressman Unveils his Crypto Holdings
The member of Congress and the chair of the House Judiciary Committee Bob Goodlatte has disclosed his crypto holdings, which was followed by a memo calling on all members, officers, and employees of the House of Representatives to reveal publicly their cryptocurrency ownership in annual reports. дальше »
2018-8-9 20:12 | |
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South Korea’s Biggest Cryptocurrency Exchange ‘UPbit’ comes out clean in audit
According to reports from a Korean accounting firm, the biggest South Korean crypto exchange UPbit is cleared of charges from the allegations that were made against it last May. The exchange was blamed to have manipulated its balance sheet which resulted in a rise in its trading values. Soon after unknown sources claimed that the firm […] дальше »
2018-8-8 02:57 | |
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Goldman Sachs May Start Offering Custodial Services for Cryptocurrency this Year
Investment banking giant, Goldman Sachs, is looking to launch custodial services for cryptocurrency soon, according to a Bloomberg report on August 6, 2018. Goldman Sachs Vault? According to sources close to the matter, Goldman Sachs Inc. дальше »
2018-8-8 02:00 | |
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First Cryptocurrency bank of Australia to be built by the CEO of Finder
Australia is one of the foremost countries to accept blockchain technology and cryptocurrencies, says recent reports. The latest addition to the bandwagon is Fred Schebesta, an Australian entrepreneur and Co-Founder of comparison website, Finder. дальше »
2018-8-8 01:57 | |
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Barclays Is Reportedly Not Opening a Crypto Trading Desk
It now appears that multinational investment bank Barclays is not, in fact, joining the cryptocurrency markets through a crypto trading desk. Reports initially surfaced yesterday claiming that the bank was starting a trading desk based on information on several traders LinkedIn profiles. дальше »
2018-8-7 21:30 | |
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Goldman Sachs Explores Custody Offering for Crypto Funds
Earlier this year, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desk to meet rising client demand. On Aug. 6, the leading investment bank announced that it is considering offering custodial services for cryptocurrency funds. дальше »
2018-8-7 14:00 | |
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United States is Number One in Cryptocurrency Crime, Data Shows
With the increasing popularity of digital assets, more sophisticated means are being developed to obtain ownership of these highly sought-after coins illegally. A recent study has put the United States at the heart of global cryptocurrency crime. дальше »
2018-8-7 10:00 | |
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Cryptocurrency Malware Infects Over 200,000 Mikrotik Routers
A cryptojacking campaign has affected over 200,000 routers made by Mikrotik, the Latvian networking company. A Months-Old Vulnerability Exploited Security researchers recently mapped a series of cryptomining attacks, which initially attacked a large number of users in Brazil to create a growing mining botnet by infecting compromised devices with malware. дальше »
2018-8-7 07:00 | |
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Starbucks Coffee for Bitcoin news receives a clear ground
With Starbucks move towards cryptocurrency space, media reports told fans that soon they are going to get Starbucks Coffee for Bitcoin. Starbucks came forward to clear the ground and has announced that it is not ready to accept bitcoin payments for your cup of coffee yet. дальше »
2018-8-7 22:54 | |
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Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop
A user of Chinese cryptocurrency exchange Okcoin has sued the platform for allegedly denying him his free allocation of Bitcoin Cash (BCH) in August 2017. ‘No Deadline’ As local news outlet Legalweekly reports August 6, the trader, known by pseudonym Feng Bin, was unable to claim 38 BCH ($26,500) when Okcoin added support for Bitcoin’s hard fork last year. дальше »
2018-8-6 19:30 | |
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Starbucks Isn’t Bringing Bitcoin to Its Coffee Chains Yet
Bitcoin’s fate as a legit cryptocurrency depends on its wide adoption, which for now is occupying a small part of the world economy. For anyone is holding Bitcoin to spend it as a regular currency and not for a long-term investment, recent news reports by CNBC and Bloomberg came as a godsend. дальше »
2018-8-6 17:45 | |
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Mining Profitability Is Down, But Crypto Mining In Russia Is On The Up
Cryptocurrency mining profitability is down. If we look at Bitcoin, we see low profits yet the price of equipment is on the rise, as is the cost to run the equipment. Worldwide we are seeing a decrease in the popularity of mining as a result of this. дальше »
2018-8-6 08:00 | |
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Reports Show Over the Counter (OTC) Bitcoin Trading Volumes Dwarf Public Exchanges
Where Do the Biggest Investors in the Crypto Industry Trade? Take a Look At the Over-The-Counter Market An international research company called TABB Group recently created an analytical report that exposes some interesting truths of the cryptocurrency industry. дальше »
2018-8-6 01:01 | |
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Mining Firms Building Electrical Grids to Circumvent Government Apprehensions
Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018. дальше »
2018-8-5 06:00 | |
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200,000 Routers Infected in Mass Cryptojacking Attack in Brazil
Reports of new cryptojacking schemes continue to plague the cryptocurrency market. Most recently, 200,000 MikroTik routers were discovered by Trustwave on July 31st to be secretly running a Monero (XMR) mining script. дальше »
2018-8-4 09:45 | |
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200,000 Routers Infected in Mass Cryptojacking Attack in Brazil
Reports of new cryptojacking schemes continue to plague the cryptocurrency market. Most recently, 200,000 MikroTik routers were discovered by Trustwave on July 31st to be secretly running a Monero (XMR) mining script. дальше »
2018-8-4 23:43 | |
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Citibank Are Exploring Crypto, Will They Be The First Major Bank To Adopt Bitcoin?
Citibank are one of the world’s most renowned banks and financial services companies. Founded in 1812 in New York, the bank now operates worldwide with more than 2000 employees and a number of subsidiaries across Asia. дальше »
2018-8-3 17:30 | |
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Queensland Government To Support Payments In BTC, LTC, ETH, DASH And XEM
According to reports out today, local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM. дальше »
2018-8-3 14:00 | |
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Crypto Might Be Banned In India, But It’s Not Stopping Ripple From Taking Over
The Reserve Bank of India (RBI) have established regulations that mean cryptocurrency trading in India is essentially banned. This ban is now a part of a larger case that is currently being passed around the courts. дальше »
2018-8-3 13:30 | |
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New Study Finds 88% of Cryptocurrency Exchanges Want Regulation
A new study by crypto-friendly payment company Mistertango reveals that 88% of cryptocurrency exchanges want industry regulation, Finextra reports. The cryptocurrency market is currently trying to change its “Wild West” image that it received as a result of the 2017 ICO boom, the extreme market volatility, and the numerous cyberattacks on investors and exchanges. However, […] дальше »
2018-8-3 13:29 | |
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There’s A Bitcoin Mole Within The SEC, What Could This Mean?
According to reports, Bitcoin have a mole within the United States Securities and Exchange Commission (SEC), with regulation looming, is this going to be a deal breaker for Bitcoin? Moreover, how important is this for cryptocurrency in the United States over all? The Chair of the SEC Jay Clayton is said to have a very fond knowledge of cryptocurrencies, a rumour that seems to have been confirmed by the release of a transcript of a recent meeting within the SEC. дальше »
2018-8-3 12:30 | |
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Cryptocurrency Exchange WEX Accused of Pulling an Exit Scam, One User Reports $11,000 LTC Missing
A concerning Reddit thread has been gaining traction online that is fueling fears for investors using cryptocurrency exchange WEX. nz. According to the thread, a WEX user has claimed that WEX has scammed him out of $11,000 worth of Litecoin (LTC). дальше »
2018-8-3 05:47 | |
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New Study Finds 88% of Cryptocurrency Exchanges Want Regulation
A new study by crypto-friendly payment company Mistertango reveals that 88% of cryptocurrency exchanges want industry regulation, Finextra reports. The cryptocurrency market is currently trying to change its “Wild West” image that it received as a result of the 2017 ICO boom, the extreme market volatility, and the numerous cyberattacks on investors and exchanges. дальше »
2018-8-3 21:03 | |
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It Turns Out Monero’s Privacy Coin Wasn’t So Private After All
Reports out today highlight yet another security vulnerability within Monero XMR, a cryptocurrency designed for optimum privacy. Now we already know of the associations between Monero and malicious mining, but this marks another example of how XMR traders and investors have been put at risk, simply due to the markup of the currency. дальше »
2018-8-2 17:00 | |
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$5 Million Lost Through SIM Card Bitcoin Scam
Reports out today suggest that a 20 year old student from Boston in the United States has been arrested after being accused of involvement in a cryptocurrency scam that is alleged to have seen the theft of $5 million worth of Bitcoin after hacking the phone numbers of more than 40 cryptocurrency traders and investors. дальше »
2018-8-2 16:00 | |
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Btc/Bch Payment Service Bitpay Reports Developing Application for $ 1.2 Billion Dollars
Also Read: Swissquote Reports 44% Increase in Profit After Adding Cryptocurrency Services It Does Not Matter To Bitpay Whether It’s ”Crashing” Sonny Singh, the chief operating officer of Bitpay, recently discussed the use of bitcoin as a means of payment. дальше »
2018-8-2 10:38 | |
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Ripple partner SBI Holdings enters cryptocurrency derivatives market with new investment
SBI Holdings announced recently that they completed an investment round in Clear Market Holdings through their Crypto Investment arm, which leaves them with 12% ownership in the company. Even as the price was not disclosed, reports place the figure somewhere close to 1 billion Yen, or $9 million. дальше »
2018-8-2 10:23 | |
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Iran to Fully Legalize Cryptocurrency in Near Future
The Iranian Financial Tribune reports today that it is likely that Iran will fully legalize cryptocurrency in the near future. In April of this year, the country’s central bank issued an outright ban on all cryptocurrency, followed by a censorship campaign launched against exchanges in July. дальше »
2018-8-2 09:23 | |
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Russia Reports 15% Increase in Number of Crypto Mining Companies
The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. дальше »
2018-8-2 02:50 | |
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Cryptocurrency Exchange WEX Accused of Pulling an Exit Scam, One User Reports $11,000 LTC Missing
A concerning Reddit thread has been gaining traction online that is fueling fears for investors using cryptocurrency exchange WEX. nz. According to the thread, a WEX user has claimed that WEX has scammed him out of $11,000 worth of Litecoin (LTC). дальше »
2018-8-2 02:22 | |
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Bittrex Crypto Exchange Enables Access to USD Trading Service For Select Users
Like any other business, cryptocurrency exchanges need to grow to support other currencies in the financial industry. Bittrex’s recent strides show that the platform wants to offer USD trading for the everyday client soon, but there are a few exclusive users that have already had access. дальше »
2018-8-2 00:36 | |
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