OneCoin Leader Arrested Over Pyramid Scam

The leader of OneCoin, the cryptocurrency Ponzi scheme was arrested on 6th March 2019. The company, claims to have 3 million members worldwide, and has generated over €3.3 billion (about 3.7 billion USD) in fraudulent sales. It was later found out that OneCoin’s so called “cryptocurrency” did not even use …

ICO and Crypto Regulations Set to Improve in Japan

The Japan Cryptocurrency Business Association (JCBA) has started contributing new ideas to improve the regulatory status of cryptocurrencies and ICO in the country. The trade group expressed their desire to work towards “the sustainable development of cryptocurrency businesses” in Japan. The group which consists of crypto exchanges, banks, insurance companies, …

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 …

SWIFT Partners With Majors Banks To Test Blockchain Voting

Communication giant SWIFT has partnered with the Singapore Exchange and four banks for testing a medium for e-voting based blockchain technology, revealed the firm on Tuesday. The participants in this joint effort to examine if distributed ledger technology (DLT) can make shareholder voting convenient and efficient, including Deutsche Bank, DBS, …

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 …

Tokyo’s Top Nightclubs To Accept Bitcoin Cash

Japan is among the countries with the most number of Bitcoin Cash (BCH) users, making it the third densest region of the cryptocurrency accepting traders. This week one of the BCH supporters persuaded the owners of Tokyo-based luxury lounge Mezzo to start accepting BCH at three famous nightclubs within Tokyo. …

Students Are Mining Crypto On Campus

Universities and college campuses are filled with young minds who are the future of our business and political landscape. They have lead to exceptional innovations over the years and it seems like the students are rapidly picking up another hobby, cryptocurrency mining.  Cisco security researchers have been tracking cryptocurrency mining …

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