Gatecoin Shuts Down

After suffering for a high profile theft that resulted in a loss of $2 million, Gatecoin is finally shutting down. The company was one of the first digital asset exchange service. Gatecoin was launched back in 2013 in Hong Kong. The company was focused on Bitcoin, Ethereum and tokens based …

Crypto King Arrested Over AFP Crime Investigation

Sam Karagiozis, popularly known as the crypto king has been accused by the police for the possession on charges of possessing over 66 pounds (30 kg) of drugs and running an organizing crime syndicate. The crypto king revealed that he had lost about $3 million as a result of Bitcoin’s …

Top Crypto Exchange HitBTC Accused of Fraud

The developers of Bitcoin Private (BTCP) have accused HitBTC, the leading cryptocurrency exchange of Europe, of committing a fraud related to their delisting from the exchange following a coinburn. The accusations were conveyed in a letter issued on February 26 to the exchange by the Petros Law Group on behalf of …

Crypto Still A Mystery For UK Consumers

United Kingdom’s Financial Watchdog, the Financial Conduct Authority (FCA) recently published two reports, highlighting data about consumer awareness, understanding, and attitudes about crypto assets. The first report documents research firm Revealing Reality’s interviews with 31 crypto-asset consumers, out of which 17 were short-listed for follow-up rounds. Whereas, the second one …

EToro’s Crypto Services Now Available in 31 US States

The trading platform for investors and traders, eToro recently launched its cryptocurrency trading services in the United States, as revealed in the press release shared by the company on March 7. According to the release, the exchange with over 10 million registered users, will soon provide the trade of 13 …

Quadriga Wallets are Empty $137 Million Missing

QuadrigaCX is a cryptocurrency exchange which came under a lot of heat recently. The cryptocurrencies held by the exchange was locked away as per the management. This resulted in users being unable to access their crypto holdings. Recently, when an auditor revealed that the wallets set up by the late …

Frequent Thefts Pave The Way For Crypto Insurance

Cryptocurrency hacks have been an ongoing menace for the past few years. In fact, hackers managed to steal $1.7 billion on digital currencies in 2018 alone. These malicious attacks simply end up further tainting the financial technology’s reputation. However, all is not lost as these incidents have paved the way …

New Bitcoin Trend Allows You to Send Messages Into Space

Yes, you heard it right, you can now spend a few cents in bitcoin to broadcast messages into space. Blockstream satellite, a project released more than a year ago, that aims to make bitcoin accessible for people without internet access, has made this possible, improving, or rather, revolutionizing the way …

Bitcoin Profits Help Couple to Build The First Ever “Seastead”

For people unaware of the seastead, it’s a house that floats on water, enabling its inhabitants to live in international oceans and outside of the laws of any nation. An early Bitcoin investor has built the first “seastead” courtesy of his BTC profits. It was supposed to launch on the …

Turkey Has The Largest Number of Crypto Users In Europe
Cryptocurrency News

Turkey Has The Largest Number of Crypto Users In Europe

Meltem Demirors, Chief Strategy Officer, CoinShares recently published a chart that clearly shows that Turkey has the largest number of cryptocurrency users in Europe. As per the conducted survey, it was found that 18% of the Turkish population holds digital currencies. As per the survey, a mere 9% of the …