Alleged BTC-e Operator’s Lawyer Says Greek Court Decided on Extradition to Russia

The lawyer for the alleged BTC-e exchange operator, Alexander Vinnik, claims that the Greek supreme court has decided to extradite him back to his motherland. If true, this would be a significant blow to US authorities’ attempts to get their hands on Vinnik and extract information from him about Russian hackers. Also Read: The Daily: Luxury … Read more

UK Financial Regulator Warns Against Two Unauthorized Crypto Firms

UK’s Financial Conduct Authority (FCA) has issued a stern warning to two Bitcoin investment firms; Local Bitcoin and BK Coin, two companies that are alleged to be owned and operated by the same group. According to the FCA, the two cryptocurrency firms were offering crypto investment services without authorization. Although Local Bitcoin claims that it … Read more

Binance Recognizes Africa as a Prime Target for a Blockchain Revolution

Binance is looking at Africa as the next frontier of growth, an executive at the world’s largest crypto exchange by daily trading volume has revealed. Benjamin Rameau, the Director of Binance Labs revealed the company’s reasons behind setting out to conquer Africa, with the relative underdevelopment in the continent and the great diversity being among … Read more

Bitcoin Price Watch: Currency Down, but Long-Term Trends Remain Bullish

At press time, the father of crypto is down to about $6,900. This is roughly $300 less than where it’s been over the past few days. Recently, bitcoin had struck the $7,200 mark, giving everyone the impression that bullish indicators were forming on the technical charts and bitcoin was once again on its way to … Read more

Goldman Sachs Out: No Crypto Trading Desk, Markets Fall

Investment bank Goldman Sachs is ditching its plans to open a cryptocurrency trading desk, reports detail. It was only early last month when rumors circulated that the legacy financial institution was even doubling down on their digital asset fever. That appears not to be the case anymore, and markets are not taking the news well.  … Read more

22 Bitcoin ATMs Seized by Russian Authorities

Russian police officers have seized 22 Bitcoin automated teller machines (ATMs) which were installed in shopping malls, stores and restaurants across 9 towns. According to local media reports, the seizure order was given by the Central Bank of Russia (CBR) through the office of the Prosecutor General. Primary reasons for the seizure are not clear, … Read more

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