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.

The SEC Suspends Yet Another Trading Firm
Crypto Scam

The SEC Suspends Yet Another Trading Firm

The United States Securities and Exchange Commission (SEC) has suspended trading of yet another trading firm. This suspension was enforced as the firm was making false claims related to cryptocurrencies. Some of these claims include the firm’s partnership with an SEC qualified personnel, regulated transactions in cryptocurrencies and registered tokens …

Sony Launches Contactless Cold Crypto Wallet
Cryptocurrency News

Sony Launches Contactless Cold Crypto Wallet

Sony, the Japanese tech giant has already made headlines in the crypto world in the past. The company has already applied for multiple blockchain-related patents. The Sony Computer Science Laboratories (CSL) announced that they have developed a contactless digital asset hardware wallet. The wallet will employ Sony’s own integrated circuit …

Woman Arrested for $450,000 Crypto Heist
Crypto Scam

Woman Arrested for $450,000 Crypto Heist

A 23-year-old woman was arrested by the police over the theft of $450,000 in ripple, the cryptocurrency. This incident took place in New South Wales, Australia. Detectives from the State Crime Command’s Cybercrime Squad established a Strike Force Rostrevor in January 2018 for investigating 100,000 units of ripple that were …

Coinbase and Circle Join Forces
Cryptocurrency News

Coinbase and Circle Join Forces

The cryptocurrency giants Coinbase and Circle are officially collaborating in a joint venture. This has been done to boost the adoption of digital coins that are backed by the US dollar. Circle and Coinbase are valued at $4 billion and $8 billion respectively. They are two of the most funded …

Spain Passes Bill On Crypto Disclosure
Cryptocurrency News

Spain Passes Bill On Crypto Disclosure

The government of Spain has approved a new anti-fraud law that has made it mandatory for all citizens that hold digital currencies to declare their assets to the government. The residents will be required to share the details of the cryptocurrencies they hold in the country as well as overseas. …

India’s First Bitcoin ATM seized, Co-founder Arrested
Cryptocurrency News

India’s First Bitcoin ATM seized, Co-founder Arrested

A week ago, India was graced by the country’s first cryptocurrency ATM. This ATM was installed in Kempfort Mall, Bengaluru. Within the week, the Cyber Crime Police in the city registered a case against Unocoin and its founders for installing the ATM without any prior permission. The co-founder of the …

Call of Duty Used to Carry Out Crypto Theft
Crypto Hack

Call of Duty Used to Carry Out Crypto Theft

A group of player from the wildly popular game series “Call of Duty” are suspected to have stolen over $3 million in cryptocurrencies. The suspects include a man from Dolton and another man from Bloomington. This scam was carried out by way of a computer hacking scheme. This news was …

Temasek Invests in Binance
Crypto Exchange

Temasek Invests in Binance

As reported by Bloomberg news Dubai, Vertex Ventures, the venture capital investment arm of Temasek Holdings has invested in the cryptocurrency exchange Binance. This move is intended towards developing a fiat to cryptocurrency exchange in Singapore. The actual figures of the investment have not been revealed. Binance is one of …

$50 Million Mining Farm Starts in Armenia
Crypto Mining

$50 Million Mining Farm Starts in Armenia

Armenia has joined the list of the increasing number of countries that are facilitating cryptocurrency mining. As reported by the local media, on October 18th a new mining facility has been inaugurated in the country. This new mining farm costs $50 million and will be used for mining Bitcoin and Ethereum …

Washington City Enforces One Year Ban on Crypto Mining
Crypto Mining

Washington City Enforces One Year Ban on Crypto Mining

Ephrata, Washington has posted a new ruling which restricts all mining activity in the city until the next year. This news was reported by Eastern Washington and North Idaho daily on October 19, 2018. The suspension of mining activity will entail new operations which are being established in Ephrata, the …