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Vodafone Becomes 8th Company to Exit Libra Association
22.1.2020
After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell. While Vodafone’s statement notes it does not rule...
Getting In and Out of the Cryptocurrency Economy Can Be Costly
24.12.2019
Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat...
Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit
23.12.2019
The new KYC requirements come a week after Poloniex completed its U.S. exit
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
14.12.2019
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...
Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed
14.12.2019
It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body...
Exit Scam Fears as Major Darknet Site ICO Promises 700% Growth in 6 Months
13.12.2019
Russia’s biggest darknet community, Hydra, has released a white paper as it prepares to issue an initial coin offering (ICO) that it says will see token growth skyrocket by 700% by June next year.
Hydra’s white paper takes the form of an investment memorandum (link here, although the memo can only...
PlusToken Effect: Alleged Asian Exit Scam to Blame for Market Decline?
3.12.2019
This exit scam purportedly cost investors $3 billion, and now could be dropping the crypto price market
The Darknet Just Had One of Its Wildest Months Yet
3.12.2019
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
26.11.2019
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
4.11.2019
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?
28.10.2019
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...
As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?
25.10.2019
The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which...
Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives
14.10.2019
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
11.10.2019
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...
US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project
9.10.2019
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association
Crypto Scams: The Effect on Consumers and Legitimate Businesses
8.10.2019
As a crypto collectible company falls victim to copyright infringement, what are common types of scams in the industry — and how are they identified? #Sponsored
PayPal, the First Firm to Officially Exit from Facebooks’s Libra Association
7.10.2019
The difficulties of Facebook seem to be multiplying on every coming day. Strong ripples across the industry were observed on Friday when PayPal, the first firm to back digital currency project of Facebook, has officially announced its detachment from the project. However, the announcement did...
New Bitcoin Payment Solution to Emerge in Germany After BitPay's Exit
1.10.2019
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
27.9.2019
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’...
Users of Nigeria-Based Crypto Wallet Lose $1M in Alleged Exit Scam
27.9.2019
Users of Nigeria-based Satowallet have lost $1 million due to an alleged exit scam