Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million – Sends Thanx from Beer Beach

Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million - Sends Thanx from Beer BeachToday we’ve simply given-in to no nutritional value, guilty pleasure, lowest common denominator: bitcoin-related crime news. Start your day with laughs and head scratching, as we examine the Savedroid ICO exit scam, an international bitcoin heist escape, the fury of a scorned woman, a bear spray robbery, and some whole food violence.   Also read: Bitcoin […]

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“Private Digital Money” Better than State-Issued, Swiss Central Banker Says

“Private Digital Money” Better than State-Issued, Swiss Central Banker SaysPrivate digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto.   Also read: Centralized Cryptoruble Not Possible, Minister […]

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Cryptojacking Is Extremely Popular in Sweden, Researchers Claim

TheMerkle Cryptojacking SwedenPeople who have kept close tabs on the cryptocurrency industry may have come across the term “cryptojacking” before. This particular trend revolves around hackers controlling other people’s computers or smart devices to mine cryptocurrency. A new report shows cryptojacking has gained a lot of traction in Sweden as of late. Sweden is Home to Many Cryptojackers It is unfortunate to see how popular illicit trends associated with cryptocurrencies are becoming. The concept of cryptojacking is nothing new by any means, but it is evident things are slowly getting out of hand. More specifically, criminals continue to show interest in breaching

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World’s Central Bank: Crypto Could Risk Bank Runs

World’s Central Bank: Crypto Could Risk Bank RunsHow many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, […]

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35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency StandardsThirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas […]

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Pewdiepie Pokes Fun at Youtubers Who Shilled Bitconnect

Pewdiepie Pokes Fun at Youtubers Who Shilled BitconnectPewdiepie may be late to the Bitconnect bashing party, but he’s made up for it in a searing 15-minute sketch. “Finally I can quit making Youtube videos, this is the answer BITCONEEEEEECT!” the world’s most popular Youtuber cries to his 60 million subscribers. In “How I Made My Millions! (and so can you)”, Pewdiepie also […]

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The ICO Scam Train Arrives in Sweden – Meet “Starflow”

The ICO Scam Train Arrives in SwedenICO scams can take many forms. There are phishing scams, perpetrated by impostors. There are the straight-up take-your-money-and-run exit scams. And there are the pointless ICO scams which will rob investors by failing to deliver a viable working product or shipping vaporware. In the long run, these are every bit as pernicious, for not only […]

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Northern European Bank Nordea Confirms Bitcoin Ban for Employees

Giant European Bank Confirms Bitcoin Ban for EmployeesAs News.Bitcoin.com learned two weeks ago, one of Europe’s largest banks, Nordea, will enact a company-wide policy to effectively ban its employees from owning or trading in cryptocurrency. Citing risks and perhaps looming regulation, the bank decided to act preemptively. Also read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin Nordea Bank Bans […]

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