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Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards
4.7.2020
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review...
Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
The Most Famous Financial Pyramids in the Crypto World
4.7.2020
Crypto itself has only been around for a decade, and the space has already gained its top Ponzi scheme actors. Here are three of them
Rolling, Doubling, Consuming and 20 Crypto Jokes
4.7.2020
This week in crypto news on Cryptonews.com: Bitcoin whale population growth might be a mirage, retail may consume 50% of BTC supply after next halving, and young Roobinhooders might propel the next BTC rally. IOTA announced the release of Pollen, the first phase towards the decentralized IOTA...
The Five Most Malicious Ransomwares Demanding Crypto to Watch Out For
4.7.2020
As tech advances, so too, do the malware attacks. Amid a pandemic, ransomwares are turning to privacy-centric coins to get away with crime
Gemini Chose to Wade Regulation In New York, Weighs in on Conditional BitLicense
4.7.2020
Gemini looks at regulation as a good thing, with the recently suggested conditional BitLicense as a move in the right direction
More South Korean Banks May Look to Start Crypto Operations
4.7.2020
More South Korean conventional finance firms are set to follow Nonghyup (NH Bank) into the cryptoasset industry, say experts, academics, and industry insiders – who think regulators may offer banks safe passage into the crypto sector.
As reported earlier this week, NH has announced it will begin...
The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...
Despite Covid-19 Negativity, Crypto Prediction Markets Say Trump Wins the 2020 Election
3.7.2020
According to a number of crypto prediction markets and futures, Trump will still win the election in 123 days, but his chances have lessened a great deal. No matter who wins, however, the large sums of money flowing into these wager platforms indicate that people love to bet on election outcomes....
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
3.7.2020
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...
Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain
3.7.2020
A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix
Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism
3.7.2020
Ethereum co-founder invoked Godwin's law in a Twitter discussion
Russian Courts Can’t Agree on Whether Crypto is Property
3.7.2020
A Russian court convicted two men for extortion, but did not force them to return around $100,000 in crypto since they have no legal definition as property. Other courts have taken a different view
IOTA CoFounders on How Past Mistakes Have Shaped Them Today
3.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post IOTA CoFounders on How Past Mistakes Have Shaped Them Today appeared first on CoinMarketCap Blog
IOTA Cofounders on How Past Mistakes Have Shaped Them Today
3.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post IOTA Cofounders on How Past Mistakes Have Shaped Them Today appeared first on CoinMarketCap Blog
Crypto Use-Cases in Africa on the Rise, According to Luno
3.7.2020
Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right? Crypto in Africa on the Rise Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where...
E-Gold Claims US Officials Buried Key Report in 2008 Landmark Crypto Ruling
3.7.2020
A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters
Russian Court: Bitcoin Theft Not a Crime
3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....
Crypto Investment App B21 Expands to India
3.7.2020
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted
Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin
3.7.2020
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act