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1.6% of money laundering cases in Japan involved cryptocurrency in 2018

In December last year, reports suggested Japan had seen over 6,000 money laundering cases that involved cryptocurrency in the first nine months of the year. Well, the trend continued. In the last three months of 2018, financial regulators received another 1,000-plus cryptocurrency related cases, taking the yearly total to 7,096 cases, the Japan Times reports. дальше »

2019-2-28 13:00


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Square Reports Biggest Bitcoin Revenue To Date At $52M

Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Q4 Beats Bitcoin Record Data from the company’s Q4 earnings report this week confirmed its Bitcoin sales topped $52 million, beating Q3’s $43 million and far outstripping the $37 million from Q2. дальше »

2019-2-28 11:00


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Huobi Australia Closes Shop and Drops Plans for Fiat-to-Crypto Trading

Huobi’s Australian arm sought registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) but has chosen to forgo its certification.    Market Slump and Redundancies The decision to shut down comes barely eight months after the launch of Huobi’s Australian subsidiary, meaning it will be taken over by the parent Huobi Global. дальше »

2019-2-27 15:00


Even Fed Chair Powell is Freaked out by Alexandria Ocasio-Cortez’s Money-Printing Scheme

Even the U. S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade is unworkable, Federal Reserve Chairman Jerome Powell said Tuesday. дальше »

2019-2-27 02:16


Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin

Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO  Park Chan-kyu on February 20, 2018. дальше »

2019-2-25 22:01


Google’s ‘Surprise’ Nest Microphone Was a Flub – Not a Privacy Scandal

Google copped to making a mistake Thursday by not disclosing a microphone component  present in its Nest Guard devices, an enhancement to the Nest Secure suite. No Reports of Actual Consumers Bothered By Google’s Secret Nest Microphone Google’s surprise microphone alarmed consumer privacy advocates, but no word yet from any major news sources reporting that actual Nest Guard users were unhappy about Google waiting to disclose the microphone until it had developed the software applications for it. дальше »

2019-2-23 22:33


Zuckerberg’s ‘blockchain login’ plan makes absolutely no sense

Facebook CEO Mark Zuckerberg is exploring the possibility of leveraging blockchain technology for the company’s third-party login services. In an interview with Harvard Law Professor Jonathan Zittrain on Wednesday, Zuckerberg said a move from the existing centralized Facebook Connect to a distributed system could empower users and app developers alike. дальше »

2019-2-21 16:02


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Quadriga CX Fiasco Highlights the Need for Crypto Insurance

A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death of the CEO of Canadian cryptocurrency exchange Quadriga CX has rekindled questions regarding the safetyRead MoreRead More. дальше »

2019-2-21 20:00


BitGo Crypto Asset Custodian Service Ups The Ante With $100 Million Insurance Coverage Via Lloyd’s Of London

BitGo Cryptocurrency Custodian Now Offers Up To $100 Million Insurance Coverage For Digital Assets. BitGo, a California-based digital assets financial services company has announced https. , 2019 it's now offering up to $100 million insurance coverage for all custodial assets that are held by the company reports BusinessWire. дальше »

2019-2-20 23:52


Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »

2019-2-19 16:53


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Indian Crypto Scammers Make $17 Million from Fake Coin Scam

The individuals behind “cashcoin,” a fake cryptocurrency, have been arrested for duping investors of over $17 million in Mumbai, India according to reports February 17, 2019. Crypto and the Gang As the general public and world government are becoming more aware of cryptocurrency and how it works, the prosecution of crypto criminals is becoming more effective. дальше »

2019-2-19 15:00