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Crypto Prosecutor Thwarted in Bid to Leave Post – and Join an Exchange
30.4.2021
A high-flying South Korean prosecutor from the Ministry of Justice has been left out of work after controversy arose over his attempted move to take on a post as a legal adviser for a major domestic crypto exchange.
Yonhap reported that the Ministry of Justice had announced that the prosecutor...
Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
30.4.2021
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely...
Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs
30.4.2021
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector
Coinbase Now Allows Millions of Customers to Buy Cryptocurrencies With Paypal
30.4.2021
Cryptocurrency exchange Coinbase now allows its U.S. customers to buy cryptocurrencies with Paypal. Millions of customers can now purchase up to $25,000 a day of cryptocurrencies with their Paypal accounts. Coinbase Adds Paypal as Funding Source for Users Coinbase announced Thursday that Paypal...
Jobchain Optimizes Job Search and Salary Payment With Cryptocurrency
29.4.2021
Famous Spain-based project Jobchain has developed an intuitive blockchain solution that allows employers to search for talents and pay employees with cryptocurrency, thus saving valuable time. And some of the major enterprises have already experienced the practice’s benefits in real-world...
Mass adoption looms as South America's second-largest company accepts crypto payments
29.4.2021
Mercado Libre’s move to accept cryptocurrency payments for real estate could usher in a new way of crypto mass adoption in South America
Police: Suicide Linked to USD 180,000 Crypto Losses
29.4.2021
Source: iStock/D-Keine
A South Korean man aged in his twenties has committed suicide – and police claim that a crypto investment gone wrong likely drove him to take his own life.
Police in Gangneung, Gangwon Province, said the man was found dead in the area on the afternoon of April 24. No suicide...
Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin
29.4.2021
The biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin. Properties Listed Don’t Offer Alternative...
Rally, GlobeDX and SingularityDAO highlight active week for crypto raises
29.4.2021
The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency
Coinbase offers customers a way to purchase crypto using PayPal
29.4.2021
Users of the exchange will be able to purchase up to $25,000 in crypto daily using PayPal
Crypto Ecosystem Matures, But There Are Fewer New Entrants
29.4.2021
The growth of business models outside crypto exchanges demonstrates the maturation of the crypto market’s infrastructure, while a noticeable decline in pre-seed deals shows a lack of new entrepreneurial entrants to the cryptospace, according to Mike Novogratz-led crypto-focused financial services...
South Korea reportedly set to approve cryptocurrency-focused fund
29.4.2021
Regulators in South Korea are reportedly set to give the green light for the country’s first crypto-related investment fund
UK Taxman Gears up for Assault on Crypto-holding Tax Evaders, Say Accountants
29.4.2021
A British chartered accountancy company says that UK tax authorities will quiz suspected tax evaders on their crypto holdings – to determine if individuals are seeking to avoid paying tax by making crypto purchases.
In a press release shared with Cryptonews.com, the accountancy, UHY Hacker Young...
Crypto-Friendly Opera Browser Now Supports .crypto Blockchain Addresses
29.4.2021
Opera, the chromium-based web browser, has announced its integration with Blockchain domain provider “Unstoppable Domains” to make decentralized web access to its users. Users don’t have to download the browser extension but can directly access Blockchain websites via IPFS, using...
PayPal crypto partner Paxos raises $300M
29.4.2021
The new funding round included PayPal Ventures, Declaration Partners, Mithril Capital and Senator Investment Group
Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token
29.4.2021
Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez...
County in New Jersey makes 250% profit from crypto seized in 2018
29.4.2021
County authorities captured the cryptocurrency during a 2018 drug bust in Long Branch
Top Korean crypto exchanges reopen brick-and-mortar customer centers
29.4.2021
Both Coinone and Bithumb have reopened their customer centers in the capital city in response to a surge in domestic interest in cryptocurrencies
Beijing investigates crypto mining farms to improve energy efficiency
29.4.2021
Bitcoin's electricity bill has been attracting the attention of regulators worldwide
Task Force to Tell Washington: Ramp Up Crypto Exchange Regulation
29.4.2021
An advisory body will reportedly tell the American government to increase the level of its policing of crypto exchanges – with a new spate of anti-money laundering (AML) measures possibly incoming at trading platforms operating in the country.
Per a report from Reuters, the Ransomware Task Force,...