Deutsche Bank’s Wealth Management Arm Advises Against Buying Bitcoin

Cryptocurrency users have no love lost for financial institutions. This is especially true when it comes to Deutsche Bank, which is considered by many to be “too big to fail”. It now seems the bank’s Wealth Management arm is advising users not to invest in any cryptocurrency, especially not in Bitcoin. There are a lot of … Read more

It is Time to Make Way For Crypto Investors

The financial sector has been in a particular focus over the course of last year, in part due to the exponential rise of ICOs which has challenged the venture capital industry in its ability to finance early-stage companies and projects. The rise of ICOs may have been on the front pages, but the hedge fund … Read more

South Korean Officials Confiscate 191 Bitcoin During Criminal Investigation

We have another interesting Bitcoin-related development in South Korea. For once, this has nothing to do with regulation or anything along those lines. Instead, one criminal saw 191 bitcoins confiscated by law enforcement earlier this week. The individual in question had been running an illegal site. It is evident the confiscation of Bitcoin in South Korea … Read more

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to … Read more

U.S. Regulators Send Tether and Bitfinex Subpoenas

There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming … Read more

Ethereum Now Has Its Own Self-Sustaining Pyramid Scheme

In the world of cryptocurrencies, there are plenty of scams, pyramid schemes, and Ponzis to be aware of. Unsurprisingly, there are also honest pyramid schemes which make no bones about what they are doing exactly. The PoWHCoin project, for example, positions itself as the world’s first autonomous and self-sustaining pyramid scheme. It’s an interesting idea and … Read more