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A U.S. state has issued a cease and desist order to a company purportedly engaged in cryptocurrency mining. This order follows a temporary cease and desist order to the company two months ago which it did not respond to. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The U.S. State … Read more
Japanese exchange Coincheck is still profitable after suffering one of the biggest hacks in cryptocurrency history. The exchange recorded an estimated writedown of 47.3 billion yen (~US$432.56 million) for the funds used to compensate customers. Victims, however, were slapped with tax bills. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Writedown for Coincheck … Read more
Chile’s anti-monopoly court has ordered two major banks in the country to re-open accounts for a cryptocurrency exchange after it filed a lawsuit against 10 banks accusing them of anti-competitive behavior. The two banks must enter into a new contract with the crypto exchange under the same terms and conditions as before. Also read: Yahoo! Japan … Read more
Its seems users who frequent the online encyclopedia platform Wikipedia read the ‘Bitcoin’ article hosted on the site a lot. According to statistics, the Wiki Bitcoin page was the ninth most read article on Wikipedia last year. Also Read: Binance Exchange Founder Sued by VC Fund Sequoia Capital Bitcoin Article on Wikipedia Was the Ninth Most … Read more
South Korean cryptocurrency exchange Bithumb is reportedly re-evaluating its strategy to launch its own coins through a corporation in Singapore, following news of fraud that could have serious side effects to both companies. Under the current laws, Bithumb coins will still be subject to Korean regulation whether launched abroad or not. Also read: Yahoo! Japan Confirms … Read more
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on … Read more
According to the infamous licensed brothel in Nevada, the Moonlite Bunny Ranch, a sex worker named Lana West was paid for her intimate favors with a few thousand dollars in bitcoin. Since then the Bunny Ranch has announced accepting the digital currency for sexual services. Also read: Five Reasons Why Bitcoin Cash is About to Win … Read more
A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who do not voluntarily return the coins. … Read more
A leading cryptocurrency exchange in India, Zebpay, has introduced crypto-to-crypto trading on its platform. The launch closely follows the Reserve Bank of India banning banks from servicing crypto exchanges. Meanwhile, Zebpay celebrated its 3 millionth app download. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Crypto-to-Crypto Trading Indian cryptocurrency exchange … Read more
The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Promoting Safe … Read more
