Category: Cryptocurrency
Two citizens from Russia are facing prosecution for their alleged role in infecting state-controlled computers with a program that would mine cryptocurrency. The two suspects, which went unnamed in the report by local news outlet Tass, allegedly infected computers at state organizations with a program that would mine cryptocurrency via a web browser. Russia has seen a […]
A Chinese cryptocurrency fitness app has reportedly been placed under investigation for illegal fundraising practices and financial fraud. According to the report the market regulator in Changsha is investigating a fitness app that promised to reward users with cryptocurrency “candies” in exchange of being actvie. By clocking 4,000 steps a day for 45 days, users […]
Two firms – cryptocurrency mining pool Simplecoin and bitcoin gaming platform Chopcoin – are shutting down over the AMLD5 European Union regulation coming into effect Jan. 10, 2020. A notice on the Simplecoin website reads that it is closing down on Jan. 1 because the new rules will require the firm to implement several anti-money laundering (AML) […]
JPMorgan’s blockchain-based payment network will launch in Japan in early 2020. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment transactions as well as address major challenges of sharing data between banks. If all goes as planned, the IIN service would launch in Japan in January, as communicated to […]
Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). The coin will be a stablecoin pegged 1:1 to the U.S. dollar — which the BVI have used since 1959 — and its use is expected to reduce transactional fees, increase transaction speed and […]
A US lawyer has been found guilty for his role in the $5 billion OneCoin cryptocurrency scam and is facing a 50 year jail sentence. The scheme’s mastermind, Dr Ruja Ignatova, is still missing. She is believed to have defrauded million of investors worldwide and has been dubbed the “Cryptoqueen”. Mr Scott’s lawyers had said […]
Social Trading Platform eToro has just announced the acquisition of Delta, a portfolio tracker app that provides a dynamic picture of the crypto market including prices, market charts and alert system to allow users stay ahead of the curve with investment opportunities. eToro co-founder and CEO Yoni Assia said that the move is aimed to […]
OKEx, a leading cryptocurency exchange is to launch a range of cryptocurency-based futures contracts settled in the stablecoin tether (USDT). The exchange will support USDT pairs including Bitcoin (BTC), ether (ETH), bitcoin cash (BCH), EOS, XRP, bitcoin SV (BSV) and Torn (TRX) with leverage between 1 and 100x when trading commences on Nov 6, according […]
Binance, a leading global cryptocurrency exchanges and blockchain ecosystem, has announced its partnership with Coinfirm, an international technology and regulatory company. The aim is to address and follow the recently issued AML guidelines of the Financial Action Task Force (FATF). Binance, after delisting a few cryptocurrencies a few days ago, will integrate Coinfirm’s technology into its exchange to ensure secure trading for its customers. […]
bitFlyer, a cryptocurrency exchange has announced today it is adding new altcoins to its Buy/Sell platform across Europe and the US. bitFlyer users in Europe will be able to buy and sell Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA), securely and directly on the regulated platform, while bitFlyer USA customers will […]
