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South Korean prosecutors have searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts. According to authorities, the companies turned up on the radar during investigations of dubious transfers in January. The raids have been conducted this week. Also read: Growing Number of South Korean Crypto Exchanges Participate … Read more
New survey among financial professionals in Britain shows that more than half of those who have invested in cryptocurrencies, plan to buy more coins this year. Despite recent market volatility, only 8 percent of the interviewed intend to sell their cryptos. The majority of the investors expect crypto valuations to rise over the next 12 … Read more
Indian authorities have been struggling to grasp the crypto phenomenon for quite some time now – years, to be more precise. The inability to fully understand it and put it under control has resulted in a state of semi-denial: “it’s illegal”, officials repeat tirelessly, but also keep trying to tax it. It doesn’t help when … Read more
A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment. Also read: Bitmain Opens Repair Center … Read more
The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series … Read more
Cryptocurrency is gaining popularity in Russia as a good idea for a gift. According to a new survey, more and more Russians believe cryptos, like bitcoin, would make their girlfriends and wives happy on special occasions. The 8th of March is celebrated as Women’s Day in Russia and in many other countries. Also read: … Read more
More than half of Romanians living in cities know about cryptos, and 60 percent of people under 40 believe they are the future of payments. Half of young people want to pay with digital coins, according to a new poll. The survey shows growing awareness of cryptocurrencies in the country. Many of its citizens want … Read more
Another major hardware producer may venture into the GPU market very soon. Motherboard manufacturer Asrock is reportedly going to offer new products for cryptocurrency mining in April. Currently, the company enjoys strong demand from crypto miners for its motherboards. Mining equipment shipments boosted its sales in 2017. Also read: GPU Producers Fear Drop in Demand … Read more
The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or … Read more
Interest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going … Read more
