The cybersecurity company FireEye has published an article where it claims that Chinese state hackers are trying to hack cryptocurrency and video game companies. The targeted countries include India, France, Japan, Italy, Singapore, South Korea, Myanmar, Netherlands, Thailand, the United Kingdom, South Africa, Hong Kong, Switzerland, and Turkey. The targeted …
Cryptocurrencies have grabbed Mastercard’s attention; the company has planned to develop crypto payments and wallet solutions. The financial service provider is also looking to hire multiple blockchain professionals. The initiative seems to be directly competing with Facebook’s cryptocurrency wallet Calibra. However, Mastercard is also a founding member of Facebook’s Libra …
A recent report from BangkokPost revealed that Thailand regulator has announced that they will revise regulation laws to prevent cryptocurrency usages in illegal activities. Pol Maj Gen Preecha Charoensahayanon, the acting Secretary-General of the Thai Anti-Money Laundering Office (AMLO), said that cryptos will be used for money laundering. Because of the illicit …
As the Bitcoin market matures, it will grow and change. Exchanges represent the forefront of this ongoing development. In their simplest form, exchanges are a venue for moving cryptocurrency between users. They also function as a way of converting the value stored in one cryptocurrency to another. Two main forms …
Cryptocurrency Service to be tested by Russia’s Gazprombank Gazprombank which is known as Russia’s third-largest state-owned bank is expecting its customers to trade cryptocurrencies. Gazprombank deputy chairman Alexander Sobol told that the bank might also launch a pilot program this year, anyhow, it is early in the planning stages. It …
Korean Police Arrested Bitcoin Miners for using Cheap Factory Power Korean Police has arrested employees from thirteen companies for illegally utilizing less expensive electricity for mining cryptocurrencies at industrial complexes in South Korea. According to the reports, the illegal activities were revealed in four various complexes in the country’s southwestern …
According to the chairman of the National Bank of Kazakhstan, the bank plans to ban cryptocurrency trading and mining in the European nation. Daniyar Akishev from Sputnik News said that the central bank of Kazakhstan is “taking [a] very conservative approach” towards cryptocurrencies, looking for “extremely tough restrictions.” The Russian …
South Korea’s largest insurance companies have denied the claim from Crypto Exchange Youbit South Korean crypto exchange Youbit has reportedly needed its insurance agency precluded months after it shut following weakening hack. The Wall Street diary reports that DB Insurance precluded a $2. 8 million claim from Yapian corp. — …
Ripple attends to Public School teachers’ appeals through a charitable activity Ripple announced on Wednesday that it had donated around $29 million of XRP to support U.S. public schools. This donation is the largest-ever cryptocurrency reward to a single charity, fulfilling thousands of pleas from public school teachers on the …
JIBEX the New Cryptocurrency Exchange to be Launched Soon in Thailand The nation of Thailand is getting another Digital Currency Exchange beginning soon with the launch of JIBEX. The new Exchange will turn into the nation’s third crypto asset Exchange worked locally after Bitcoin Co Ltd Thailand’s bx.in.th and the smaller Thai …