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Researchers Spot New Cryptocurrency Stealing Malware Advertised Under a Subscription Model
5.5.2021
A cryptocurrency-related malware program has been advertised on darknet forums as the “leading way to make money in 2021,” raising alarms among the cybersecurity community. Palo Alto Networks published a report on the malicious app Westeal, detailing the author’s ties with other...
Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries
5.5.2021
The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns...
Funding Roundup: Derivatives and Defi Draw a Fresh Influx of VC Firms and Private Investors
4.5.2021
As blockchain technology disrupts traditional industry standards, the list of progressive investors willing to stake their money has increased significantly. Leveraging this ongoing investment trend, both upcoming and ongoing projects are attracting millions of dollars from private investors...
Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts
4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...
Japanese Town Got Covid-19 Money So They Built A Giant Squid Statue
3.5.2021
The town of Noto in Ishikawa received millions of yen due to the impact of covid-19. The money was part of a rural revitalization project to help the countryside in the wake of the virus.Read more
Mass adoption of blockchain tech is possible, and education is the key
2.5.2021
Mainstream adoption of emerging technologies such as blockchain is inevitable, a transformation that younger generations will carry out
Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges
2.5.2021
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered...
The new digital, decentralized economy needs academic validation
1.5.2021
Black sheep and white papers: In order to achieve what it promises, the crypto revolution must be led by scientists and researchers
South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins
1.5.2021
A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when...
Money Legos keep stacking! Finance Redefined 4/21-4/28
28.4.2021
Why acquire when you can integrate?
Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTC
28.4.2021
U.S. law enforcement arrested the alleged operator of Bitcoin Fog, Roman Sterlingov in Los Angeles on Tuesday. Documents show Sterlingov is accused of laundering over 1.2 million bitcoin via the Bitcoin Fog mixer, a tool that allows users to mix transactions together. According to federal...
Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins
27.4.2021
Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...
The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
27.4.2021
The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative...
Irish crypto firms must comply with money laundering laws for the first time
27.4.2021
It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland
Turkey Prepares Crypto Regulations Amid 'Disturbing' Money Outflows
26.4.2021
Turkish crypto investors were given a respite of sorts on Friday, with the new Governor of the country’s central bank stating that he would not seek to carry out a total crypto ban – although far-reaching crypto regulations might be unveiled by early May.
The Governor, Şahap Kavcıoğlu,...
South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’
22.4.2021
The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi...
Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...
The Case Of Mobile Money In Ghana
21.4.2021
Ghana is in the throes of a mobile money boom.
Wikimedia Commons, CC BY-SA
PK Senyo, Senior Lecturer in Information Systems, University of Southampton.
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Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving...
Delisting Coinbase, IOTA's Upgrade, Money Printing To Intensify + More News
21.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Deutsche Boerse said it would de-list the shares of Coinbase (COIN) from its Xetra trading system and the Frankfurt stock exchange...
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...