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Global Digital Industry Group Launches Mining Business Bitworld


The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...

Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker


Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...

US Consumers Flock To the First Mastercard Branded BitPay Card


New data from BitPay shows that American consumers are flocking to load the first Mastercard branded BitPay card with top digital assets. The popular cryptocurrency payment services provider debuted the new card in June 2020 and the company’s transactions reached a new high in July. The data...

Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T


A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...

Mastercard Launches Digital Currency Testing Platform for Central Banks


Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide....

Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa


Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether


A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

Microstrategy’s $250 Million Bitcoin Buy Consequential


When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...

Beijing Telecoms Provider Latest Company to Join Digital Yuan Pilot


Another private sector firm has stated that it is working with the Chinese central bank on its fast-expanding digital yuan pilots. Per Shanghai Securities News, a Beijing-based telecom provider named Shenzhen Techo Telecom admitted that it was working on the project, known in China as the Digital...

Leading Stock Exchanges in Switzerland, Germany, Austria Now List Bitcoin ETP


A bitcoin exchange-traded product by 21Shares is now listed on leading stock exchanges in three countries: Switzerland, Germany, and Austria. The company offers 11 cryptocurrency exchange-traded investment products in total. Growing Number of Stock Exchanges List Bitcoin Products Zug-based 21Shares...

Revolut Adds Bitcoin Cash and Litecoin Support for US Customers


Following the launch of Revolut’s new crypto exchange in the U.S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added coins provide Revolut users with the ability to buy, store, and sell four different digital...

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