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It appears that the number of SIM swapping attacks continues to rise. This trend is particularly evident in the cryptocurrency space. On Reddit, a new post regarding a SIM Swapping attack has surfaced this week. The SIM Swapping Saga Continues In the post, the user explains how he was targeted, yet seemingly managed to not … Read more
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking and laundering of cash with impunity. Also Read: Why the Counter Economy … Read more
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans and process repayments in real time. Also read: Regulatory Roundup: EU-Wide Crypto … Read more
The Cryptsy exchange used to be one of the biggest trading platforms in the world. When it eventually met its demise – and took customers’ money – a lawsuit was filed. The victims of this defunct exchange wanted to get their money back, which is only normal. The end of the Cryptsy Saga, for now … Read more
Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed cryptocurrency exchange, where miners will be able to sell the coins they have minted. … Read more
Kadena is one of the JPMorgan spinoffs focusing on blockchain technology. The company unveiled its public chain earlier this week, and launched a wallet service to boot. Kadena is a public chain primarily built for smart contracts. Kadena is a Public Blockchain After all These contracts will be interoperable between its public chain and private … Read more
There are many cryptocurrency trading platforms that most have never heard of. BTCX, a Swedish platform, is one of those companies that only now starts making headlines. That is primarily because BTCX wants to get on the domestic stock exchange. BTCX has Very Bold Ambitions This news follows their recent funding round for $1.5 million. … Read more
It is not uncommon for cryptocurrency projects to run out of funding. When that happens to an ICO raising over $10 million a few years ago, eyebrows will be raised. In the case of DeepBrainChain, it appears that the end is nigh. DeepBrainChain is Going Under During a recent social media discussion, the CEO of … Read more
In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU-Wide Crypto Regulations Begin … Read more
The LTC cryptocurrency preserves the impulse of growth formed at the beginning of the month. On Tuesday morning, January 14th, the LTC is generally trading at $53.46. On D1, after a convergence on the MACD, the quotations have started to rise, breaking out the resistance line of the descending channel. This signifies the beginning of … Read more