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OneCoin Scam Might Value 3-4 Times More of Current Estimation, Says Expert
11.11.2019
Jamie Bartlett, the head of the BBC’s The Missing CryptoQueen podcast, stated that the US government estimated the OneCoin multi-level marketing scam worth more than that. Earlier, the authorities speculated that the scam worth $4 billion. However, the paper dug out by Bartlett during his research...
Vietnam Based VinDax Exchange Loss $0.5 M in Hacker Attack
11.11.2019
VinDAX, a Vietnam based cryptocurrency exchange, has reportedly been hacked and lost cryptos worth $500,000. On Friday, the VinDAX team confirmed the reports stating the breach occurred three days ago, i.e., on Tuesday, November 05. VinDAX is a platform engaged in a newly launched token exchange...
Tinder Platform Becoming a Playground for Cryptocurrency Scammers
11.11.2019
In recent years, Tinder turns out to the most prominent internet dating platform around the world. Currently, it appears that Tinder platform has become a playground for cryptocurrency fraudsters. Further, because of the organization’s expanding online presence, an ever-increasing number...
Key Takeaway Points From Ripple Yearly Conference Swell
11.11.2019
This week observed Ripple’s invite-only yearly conference, Swell, which brings together the greatest minds and influencers from the crypto and general finance space under one roof to talk about the future of fintech. The Swell event essentially connects the world’s most trusted voices across...
Internal Revenue Service (IRS) Finds Ways to Track Cryptocurrency Tax Avoidance
11.11.2019
According to the recent meeting with tax authorities of different countries, the Internal Revenue Service (IRS) of the United States finds various ways to track the cryptocurrency criminals that are not paying taxes. The authorities from the US, Australia, Canada, UK, and the Netherlands combined...
Uphold Launches the Beta Version of Cryptocurrency Debit Card
11.11.2019
Uphold is issuing a debit card for cryptocurrencies. It has invited select users for the trial of the cards beta version. Upholds debit card supports cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dash, etc. as well as a range of fiat currencies including CHF, CNY,...
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
How to Start With Bitcoin at No Cost
10.11.2019
Getting into the Bitcoin world is by default easy and it doesn’t have to cost you anything. All you need to do to get started is to install a cryptocurrency wallet and load it with some digital cash. The growing crypto community, always enthusiastic about accepting new members, has done a...
Crypto News From Japan: Nov. 2–9
10.11.2019
This week’s selected cryptocurrency news from Japan, courtesy of Cointelegraph Japan
Ripple’s ODL Witnesses Mammoth Growth and Customer Satisfaction
9.11.2019
Ripple, the enterprise blockchain solution launched in 2012, ended its yearly conference ‘Swell’ on November 8, 2019. In the conference, Ripple announced some of their upcoming plans and the market status of their customers. Among them, there were ODL (On-demand-liquidity) customers, including...
Amazon Registered Three Crypto-related Domain Names
9.11.2019
Apart from its already owned domain name amazonbitcoin.com, Amazon has registered three new cryptocurrency domains, amazonethereum.com amazoncryptocurrency.com amazoncryptocurrencies.com Is amazon going to enter the crypto industry? Well, these speculations surfaced one year back when amazon...
60% of WEST Tokens to Be Burned Before Network Upgrade
9.11.2019
Waves Enterprises has taken the crypto world in a blow with its recent announcement about its native digital asset—the WEST tokens. The firm is gearing up to burn 60% of all WEST tokens. The process will decrease the total supply value of WEST from the initial 1 billion mark to a mere 400 million...
Worldline Partners With Bitcoin Suisse to Boost Bitcoin Adoption in Retail
9.11.2019
Cryptocurrency users have found it difficult to make use of digital currency for retail shopping. Worldline, a major payment infrastructure provider of Europe, has decided to collaborate with Bitcoin Suisse, a financial services firm, which would facilitate crypto users to spend their Bitcoins...
BitGo Announces the Launch of First Institutional-grade Wallet for TRX
9.11.2019
In one of the historical developments, BitGo has announced the launch of the first multi-signature wallet and custody solution for the TRX. It means BitGo is going to power the multi-signature security feature for TRX token besides acting as custodian for TRON’s platform. BitGo, the leader...
Justin Sun to Turn 30 Soon; Shares an Infographic Summarizing His Journey
9.11.2019
TRON has been one of the forerunners of the crypto industry for quite a while, and its founder, Justin Sun, has been one of the most influential crypto personalities. Apart from this, Justin is also included in the youngest among crypto leaders and will be entering the “3rd decade”...
Ethereum Classic Reveals Results of Use Satisfaction Survey of November 2019
9.11.2019
Serving the global crypto space with its reliable open-source, public, blockchain-oriented computing platform, the Ethereum Classic recently shared the results of its Ethereum Classic Use Satisfaction Survey with its community. The strategic survey comprised of 8 questions concerning Ethereum...
Why Are Cryptocurrencies Becoming a Mainstay of International Business Platforms?
9.11.2019
The year 2017 marked the cryptocurrency revolution, with the price of Bitcoin skyrocketed to around $20,000 towards the end of the year. Of course, later on, the prices moderated, and as far as the current scenario is concerned, the prices have been leveled off. Despite this, the interest...
How Crypto Winters of Bitcoin’s Past Compare to Today
8.11.2019
Cryptocurrency and bitcoin proponents have been patiently waiting to see if crypto winter is returning as the recent price decline has shaken investors. Digital assets have been meandering aimlessly over the last week and in order to gain some perspective, it’s always good to study the last...
Crypto Tax Guidelines Leave More Questions Than Answers
8.11.2019
Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...
MoneyGram CEO: 10% of Transaction Volume between US and Mexico Moves Through ODL
8.11.2019
In a conversation with Brad Garlinghouse on the Swell 2019 stage, Chairman and CEO of MoneyGram, Alex Holmes revealed that MoneyGram is presently moving 10% of its total transaction volume between the United States and Mexican borders via On-Demand Liquidity (ODL) and it is planning to expand...