China Releases New Crypto Rankings

China Releases New Crypto RankingsChina’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request New Rankings From China The Center for […]

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Cryptopia’s Lack of a Backup Database can Cost Users Another $2 Million

TheMerkle Cryptopia Account LockedThere is never a shortage of controversy in the cryptocurrency world. Following its hack earlier this year, there have been a lot of questions regarding Cryptopia and how things would move on from there. So far, it seems little to no real progress has been made, and things are even worse than initially assumed. In a recent reveal, it became apparent the company doesn’t even have a backup of its hacked database, as that is controlled by a third party. That third party is owed some money by the exchange as well. Cryptopia Woes Worsen Over TIme It is never

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Google Finally Removes 2 Fake Cryptocurrency Wallets From the Play Store

TheMerkle ZNIU Android Malware Dirty COWThe recent cryptocurrency market surge has attracted a lot of attention. Not just because people are making good money, but also because criminals smell new opportunities to scam users. A new report by ESET confirms at least two fake cryptocurrency wallets were available for download on the Google Play Store. Both options are now removed, albeit they were available for far too long. Fake Cryptocurrency Wallets Remain a Problem As more and more people rely on mobile devices for their everyday activities, the financial aspect is also shifting to smartphones and tablets. This also means the demand for mobile apps

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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India

Supreme Court Advocate Suggests How to Regulate Cryptocurrency in IndiaAn Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. Meanwhile, the Indian crypto community and industry bodies have urged the central bank […]

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Dutch Police Shuts Down Bitcoin Mixing Service Bestmixer

TheMerkle_Police OfficersIn the Bitcoin world, there are many services which are a different type of gray. Not everything is black and white where cryptocurrencies are concerned by any means. Bestmixer, one of the more popular Bitcoin mining services, has been shut down by Dutch officials. A remarkable development, albeit it is not entirely surprising either. Curtain Call for Bestmixer Ever since Bitcoin mixing services first came to market, there have been plenty of allegations. Why would anyone pay money to a stranger on the internet to hide the source of their Bitcoin transactions? Surprisingly, these mixers quickly became a staple in

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Israeli Court Rules Bitcoin Is an Asset

Israeli Court Rules Bitcoin Is an AssetAn Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing the central bank’s […]

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Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia

Elipay Celebrates the First of Hundreds of Crypto Accepting Merchants in CroatiaOn May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made by Bitcoin.com’s CEO, Roger Ver, at the five-star Navis Design […]

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Cobinhood Isn’t Pulling an Exit Scam Following DXN Price Collapse

TheMerkle COBINHOODThere appear to be numerous conflicting pieces of information regarding the Cobinhood cryptocurrency exchange. While it is evident for everyone to see the company is struggling, tales of its exit scam are vastly overstated. Moreover, there is plenty of DXN token drama, which also affects this trading platform at an unfortunate time. There are still a lot of unanswered questions, but it seems the company will continue to operate for the foreseeable future. The Cobinhood Story Escalates Anyone who has kept a close eye on what is happening to Cobinhood may have noticed the company is struggling. Ever since one

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Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Latest Hack Sparks Concern Whatsapp Will Never Be SecureFacebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s […]

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Binance Coin Price Prediction and Technical Analysis for May 19

BNB priceIt has been a remarkable day for all of the cryptocurrencies, tokens, and assets on the market. Bitcoin’s surprising sudden uptrend has caused a lot of shifts to take note of. Perhaps the biggest development is how the Binance Coin price successfully claimed a new all-time high for the second time in three days. One has to wonder how long this momentum can remain in place, though. A New Binance Coin All-time High Prior to 2019, the BNB all-time high sat well below $25. That record was reached during the 2017 bull run which triggered a lot of excitement, yet

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