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The Darknet Just Had One of Its Wildest Months Yet


Darknet marketplaces exist on a constant knife edge, never more than an exit scam, LE bust, or DDoS away from going down. Even by their usual frenetic standards, though, November was quite a month for DNMs, with high drama and intrigue aplenty. Despite a number of marketplaces disappearing off...

Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees


It was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees. Also...

Crypto Winter Claims Another Victim as DX Exchange Closes


The digital assets market has been on an upward trend recently, with top cryptocurrencies such as BTC and BCH maintaining higher price levels. Unfortunately, this comes too late for some ventures in the field. The latest to cease operations is DX Exchange, which is now looking for a way to exit...

What Is the Cryptocurrency Exit Scams and How to Identify Them?


Many of us are influenced by the life-changing success stories of the individuals in the crypto industry and fanaticize a rosy picture about making a fortune with cryptocurrencies. However, simultaneously, there are dark realities of frauds and scams in this industry, which leverages the unique...

Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives


The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have...

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...

New Bitcoin Payment Solution to Emerge in Germany After BitPay's Exit


A new cryptocurrency payment solution is in the works in Germany after major crypto payment processor BitPay left this market earlier this year. Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of German bank WEG Bank, agreed to cooperate and now aim to start accepting...

A Nigerian Wallet Suspected in USD 1M Exit Scam + 8 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Cryptocurrency wallet news Satowallet, a Nigerian crypto wallet, allegedly pulled off an exit scam, disappearing with users’...

Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams


Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based...

How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects


Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels...

Large Number of Goldman Sachs Partners Could Exit by the End of 2019


Over the past decades, Goldman Sachs has grown into the world’s most powerful investment bank, and one of the biggest reasons behind its success has been its ability to take decisive steps early. It may be about its investment decisions, adoption of new technology, or the possibility of bringing...

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