Karan Balwani

Karan is a writer who shares an undying passion for technology, books and pets. For the past 7 years, he has worked in Business Development and PR before discovering his love for the written word. He regularly posts on his blog (www.kbthewriter.wordpress.com) and is working on his debut novel.

CEX.IO Says No to Anonymous Crypto Trade
Crypto Regulations

CEX.IO Says No to Anonymous Crypto Trade

In an attempt to comply with the Fifth Anti-Money Laundering Directive in the European Union (EU), the United Kingdom’s CEX.IO has made it mandatory for its customers to reveal their identities. This development was announced through a press release. CEX.IO a self-regulated exchange was founded back in 2013. The only …

Only Two Bitcoin Miners Remain Profitable
Crypto Mining

Only Two Bitcoin Miners Remain Profitable

As the cryptocurrency market continues to experience a downfall, miners are struggling to make a profit. In fact, the situation has gotten so grim that people in China are selling their mining rigs by the kilo. Moreover, due to the constantly changing regulations and increases in the price of electricity, …

Israel Cracking Down on Crypto Tax Evasion
Cryptocurrency news

Israel Cracks Down on Crypto Tax Evasion

Israel’s tax-collection authority has shifted its focus towards cryptocurrency investors and traders in an attempt to curb tax evasion. According to Calcalist, Israel’s financial daily, the Israel Tax Authority (ITA) is undertaking strict measures to identify the people who are hiding their cryptocurrency investments as a way to save money …

Venezuela KFC Now Accepts Dash Cryptocurrency
Cryptocurrency Exchange

Venezuela KFC Now Accepts Dash Cryptocurrency

Following the footsteps of Subway and Papa John’s pizza in Venezuela, KFC has also started accepting payments in Dash, the cryptocurrency. KFC has said that this feature will be rolled out in Caracas, the Venezuelan capital before expanding it to 24 more cities. This development was reported by Forbes. Alejandro …

Malta and Italy Issue Warning Against Unlicensed Crypto Exchanges
Crypto Scam

Malta and Italy Issue Warning Against Unlicensed Crypto Exchanges

Malta, the world’s most crypto-friendly country recently issued a warning to its citizens regarded an unlicensed cryptocurrency exchange. The regulatory authority in Malta issued an order to this platform to immediately cease operations through a notice on 5th December 2018. OriginalCrypto is the platform in question which first came to …

BlockEQ Acquired by Coinsquare
Crypto Exchange

BlockEQ Acquired by Coinsquare

BlockEQ, the Toronto-based cryptocurrency wallet startup has been acquired by Coinsquare. This move is part of Coinsquare’s strategy to increase its reach in digital currencies. The acquisition was finalized in @12 million CAD and it will allow Coinsquare to utilize BlockEQ’s access to Stellar’s open-source cryptocurrency network. Cole Diamond, CEO, Coinsquare …

Scammers Steal $78,000 From Singapore Residents
Crypto Scam

Scammers Steal $78,000 From Singapore Residents

A cryptocurrency investment scam has resulted in a loss of $78,000 within 3 months. The authorities were able to trace this back to a series of fraudulent marketing campaigns. The scammers were able to convince victims into an investment with bogus articles based on famous Singaporean personalities in an attempt …

Security Concerns Increase As Crypto Mining Drops
Crypto Mining

Security Concerns Increase As Crypto Mining Drops

It’s been a bloodbath for cryptocurrencies, investors speculated that the crypto market would undergo a correction and the values of all cryptocurrencies would normalize. However, in the past month, things aren’t looking good as prices of the most popular currencies continue to fall. This drop in cryptocurrency prices has also …

415,000 Routers Face Cryptojacking Worldwide
Crypto Hack

415,000 Routers Face Cryptojacking Worldwide

Despite the downturn in the cryptocurrency market, hackers are always on the lookout for new ways to steal cryptocurrencies.  One of the most popular ways to do this is by cryptojacking. In this type of attacks, a hacker will infect a user’s computer by running a malicious script and steals …

Thai Exchange Satang Raises $9.9 Million
Crypto Exchange

Thai Exchange Satang Raises $9.9 Million

According to Nikkei Asian Review, Satang Group, a Thai-based crypto exchange has raised around $10 million through a security token offering. It’s surprising that an exchange has been able to raise such a significant amount given the extreme market volatility and turbulence. The raised funds will be utilized towards building …