Vietnam

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Scam Round-Up: Asian Investment Schemes and Snail Mail Extortion

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Unfortunately, as with any industry, scams of all shapes and sizes persist within the cryptocurrency sector. This past week has seen a Filipino couple arrested after amassing over $17 million USD through a bitcoin investment scam, and protests held outside the office of a Vietnamese company that swindled $660 through two multi-level marketing (MLM) initial … Read more

Canadian and European Bitcoin P2P Markets Set Record Trading Volume

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Localbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity. Also Read:Capitalization of Cryptocurrency Markets Loses 59% in … Read more

PR: Viola.Ai Wins Investor Award at d10e ICO Pitching Competition at Cayman Islands

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SINGAPORE – Selected for Investors Award out of 16 other ICOs, the world’s first Blockchain & A.I. driven marketplace from dating, courtship to marriage, Viola.AI celebrates the 3rd place win at the biggest ICO Pitching Competition at Cayman Islands on 30 January 2018, organized by d10e, the leading conference on decentralization. The post PR: Viola.Ai … Read more

Vietnam Imported More Mining Rigs in 3 Weeks This Month Than All of Last Year

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The Ho Chi Minh City Customs Department has revealed that in the first 3 weeks of this month almost 8,000 mining rigs were imported into the city. This number exceeds the entire count of mining rigs imported into Vietnam last year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Nearly 8000 … Read more

The Futility of Government Bans – Bitcoin Always Finds a Way

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Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more

Vietnam Expedites Cryptocurrency Legal Framework – Ready End of January

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The government of Vietnam has taken steps to accelerate the adoption of cryptocurrency regulation that will affect Bitcoin. The executive power in Hanoi has insisted that the framework should be ready by the end of January. Amendments to the tax code are expected to help tap into proceeds from “virtual property and digital money”. Also … Read more

Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported

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The Ho Chi Minh City Customs Department has revealed the number of known mining rigs imported into Vietnam in 2017. Over 7,000 rigs were brought into the country, mostly from China, with over 5,000 entering since November. While Vietnam is clamping down on the use of bitcoin as a means of payment, mining rigs are … Read more

New Cryptocurrency Mining Bot Is Infesting Facebook Messenger

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Cyber security researchers found a new type of malware spreading across the world via the Facebook Messenger app. This malicious bot is using the many computers it has infected to mine cryptocurrency for its unscrupulous developers at the expense of users. Also read: Starbucks Customer Has His Laptop Hijacked for Cryptocurrency Mining A couple of cyber … Read more