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Argentinean Central Bank Asks Local Banks for Information on Customers Who Deal With Cryptocurrencies
5.4.2021
As cryptocurrencies keep gaining adoption in Argentina, there are discussions on how the national regulatory bodies should regulate the industry. The Central Bank of Argentina (BCRA) seems to have taken a step forward in making the picture clearer. Banks Should Provide Data Such as National...
Torum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?
4.4.2021
PRESS RELEASE. Launched on the 1st of July 2020, Torum is a social media platform specially designed for cryptocurrency users. Symbolizing the nature of the platform, the name Torum was born from the combination of “Tokenized” and “Forum”. The platform strives to connect...
Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers
3.4.2021
Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments. Bitcoin Adoption Comes in Response...
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Study Highlights the Most Common NFT Scams Amid the Current Mainstream Hype
2.4.2021
As non-fungible tokens (NFTs) are becoming a global phenomenon increasingly due to their mainstream adoption, there are also concerns about the surge of related scams. A recent study revealed the most common NFT scams that are spreading on the net. Suspicious Domain Registrations With...
Irish Police Investigate Massive Bitcoin Scam That Allegedly Stole Millions From High-Net-Worth Individuals
2.4.2021
Irish police are on high alert due to the rising number of cases related to a bitcoin-related scam targeting high-net-worth people in the country. The situation has become worrisome because suspicious high-value transactions have already been noticed by authorities. Authorities Already Searched...
Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
1.4.2021
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm...
Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President
1.4.2021
Spanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain. Proposal Comes...
Crypto M&A Deals Set a New Record in 2020, Surging to $1.1 Billion
31.3.2021
The cryptocurrency bull run has been the most notorious headline highlighted in the last few months, but more figures are being watched beyond bitcoin prices. A new report released by Pricewaterhousecoopers (PWC) revealed that crypto merger and acquisition (M&A) deals skyrocketed in 2020. 2021...
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...
Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons
30.3.2021
Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency, Martín Says...
Wife Leaves Husband After He Refused to Sell Bitcoin at $60K and Bought the Dip
28.3.2021
Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left...
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
Alchemy Chooses Flow Blockchain to Accelerate Game-Changing Developer Ecosystem
25.3.2021
PRESS RELEASE. The leading blockchain developer platform, Alchemy, will bring its best-in-class suite of APIs and tools to Flow blockchain, empowering Fortune 500 companies as well as thousands of independent developers building on Flow. Alchemy is the leading API platform for blockchain...
John McAfee’s Bodyguard Pleads Not Guilty in the $13M Crypto Fraud Case
25.3.2021
The legal tussle between the U.S. authorities and John McAfee continues as his associate Jimmy Watson has entered a plea. The former antivirus tycoon’s bodyguard has pleaded not guilty to the alleged cryptocurrency fraud case. McAfee and Watson Jr. Are Accused of Having Built a ‘Pump...
Microsoft Is Surveying Its Xbox Users About Adding a Bitcoin Payment Option to the Store
24.3.2021
The tech giant seems to be changing its stance on being more friendly with the cryptocurrency sphere amid the current hype. Microsoft has been asking its Xbox gaming console users about the possibility of implementing payment methods, such as bitcoin. The Poll Is the First of Its Kind Released...
Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina
24.3.2021
In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers. Identities of the Robbers Are Still Unknown According to Mendo...
Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
24.3.2021
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid...
US Authorities Indict a Canadian Telecom Provider in a Crypto Money Laundering Case With Encrypted Phones
23.3.2021
A communications provider is in legal trouble with the U.S. authorities for a money laundering case involving cryptocurrencies. A federal court incited Sky Global for allegedly having facilitated criminal organizations to launder millions worth in crypto. Sky Global Is Also Accused of Remotely...