South Korea’s FSC Flags Three Smaller Exchanges for Potential Money Laundering

Even though South Korea is one of the most important countries when it comes to cryptocurrency, it still has a lot of work to do. Regulators have recently begun cracking down on exchanges which engage in malicious behavior. As a result, three trading platforms have been investigated thoroughly by the FSC. It’s a very interesting development, and one that … Read more

Consumer Complaints Rise 669% After Crypto Prices Decline

Just recently a consumer research group called Valuepenguin did an analysis on complaints filed with the Consumer Financial Protection Bureau (CFPB) between June 1, 2017 and March 1, 2018. According to the study, after the significant 50-60 percent downturn in cryptocurrency values, consumer complaints surged by 669 percent. Also Read: Israeli Supreme Court Forbids Bank From … Read more

US Court Shuts Down Promoters of Three Deceptive Crypto Schemes

A U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday … Read more

Payza Enables Full E-Wallet Support for Dash

People who often rely on online payments and e-wallets will have come across the name Payza. This company was the first provider to let members use Bitcoin alongside traditional currencies. Payza is now adding support for Dash, one of the top privacy-oriented cryptocurrencies. It’s an interesting choice, yet the company feels it is the only choice as of … Read more

Bitfury Group Invests in “Crowdsurance” Platform REGA

While most people know BitFury as a company involved in mining Bitcoin, it is also an active investor in blockchain technology. The company recently made a key investment in REGA, a firm specializing in insurance products on the blockchain. It’s a rather surprising turn of events, even though BitFury sees merit in the “crowdsurance” business model. Bringing Insurance Products … Read more

Mac App Mining Monero Gets Removed From App Store Due to Guideline Violation

Malicious applications mining cryptocurrency have become a lot more common in the past few months. It seems every criminal and their pet is working on some way to use other people’s computing resources to mine Monero or other currencies. Some app developers integrate this option to provide access to premium features. One such app made its … Read more