Month: January 2020

The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors

by

In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in New Zealand that allegedly have links to the Onecoin operation and founders. Also read: Onecoin … Read more

Bosch Files a Patent for Digital Payments on IOTA

by

Patent filings pertaining to blockchain technology tend to generate a lot of buzz. Bosch, a well-respected company, is now filing a patent for a digital payment system on IOTA. Most people know that IOTA uses different technology compared to other cryptocurrencies. Another IOTA Patent Filing Appears The Tangle has proven to be of great interest … Read more

Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin

by

Switzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track the price movements of BCH, BTC, ETH, XRP, BNB, and tezos. Also read: Regulatory Roundup … Read more

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

by

The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces … Read more