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In the world of cryptocurrency, controversy is not all that difficult to come by. This is especially true when it comes to exchanges and trading platforms which share client information with the government. After the recent Coinbase-IRS debacle, it now seems Bitfinex is handing over a lot of customer information to the authorities as well. Bitfinex Stirs the pot While … Read more
Forty regulators in the US and Canada are reportedly collaborating in the largest coordinated crackdown on cryptocurrency scams to date by state and provincial officials. The operation has triggered over 70 investigations so far, with 35 cases completed or pending. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mass Crackdown The North American Securities … Read more
The Australian Competition & Consumer Commission (ACCC) has released a report on trends within the scam economy during 2017. The report identifies cryptocurrency related fraud to comprise less than 1% of the scam activity recorded in Australia last year. Also Read: Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition Cryptocurrency Scams Responsible for … Read more
In the world of cryptocurrency, masternodes play an increasingly important role. They incentivize coin holders to lock up vast amounts of a specific currency and provide valuable services to the network in the process. However, there are some concerns when setting up such masternodes, especially when it comes to people who do so for others. Criminals Target Masternode Newbies … Read more
Cryptocurrencies could easily become the money of the future. Due to their global appeal and increasing popularity, it seems to be only a matter of time until such a transformation takes place. The Floating Island Project, however, is taking a slightly different approach. It will become the world’s first floating nation and apparently use its own cryptocurrency … Read more
The cryptocurrency situation in Japan is changing rather quickly these days. Coincheck, one of the country’s bigger trading platforms, has made it clear they are not too keen on privacy-oriented currencies. As such, they have announced the removal of Dash, Monero, and Zcash trading. It seems the company is also getting rid of Augur’s REP token. … Read more
Cryptocurrencies have become a lot more appealing to the masses over the past few years. With so many new people entering this ecosystem, criminals will try to exploit any and all flaws and weaknesses for some time to come. A new report shows that Australians lost AUD$2.1 million to cryptocurrency scams in 2017. Cryptocurrency Scams … Read more
It’s been about four months since the cryptocurrency market hit its peak, at an astonishing $835.68B. Bitcoin was trading at almost $20,000 – $19,888.90 to be exact. Since the bear run commenced, almost every crypto, big or smaller, has suffered big losses. At the time of this writing, the cryptocurrency market sits at less than … Read more
A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country … Read more
When the going gets tough in the cryptocurrency world, red is the favorite color among charting websites. Even so, there is one currency in the top 20 which keeps making a positive impact in this industry. The Binance Coin price, for example, has risen by 2.77%, pushing its value back to nearly $14.5. Binance Coin … Read more