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Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal

18.6.2020
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet

Singapore-Based Carpooling Platform Ryde Plans to Support Bitcoin Payments

18.6.2020
The popular and first Singapore-based carpooling platform, Ryde has revealed that customers will soon be able to pay with bitcoin. The feature will be available after the bitcoin support is incorporated into the company’s payment app on June 22. Ryde has approximately 29,000 drivers, tens...

One Month Left to Crypto Tax Season — 5 Critical Mistakes to Avoid

18.6.2020
All you need to know to prepare for Crypto Tax Season 2020 and correctly inform the IRS about your crypto

Crypto.com Joins Open Payments Coalition of Over 100 Million Users

18.6.2020
Crypto.com joined over 40 finance and technology firms by becoming a member of the Open Payments Coalition

Ripple Touts XRP Use in New Crypto Framework Suggested for India

18.6.2020
Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies

Ethereum Foundation Makes Second Crypto Donation to UNICEF

18.6.2020
Thanks to a second donation from the Ethereum Foundation, UNICEF will give cryptocurrency to several more startups in emerging markets

Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash

18.6.2020
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves

Bitfinex Granted 2 of 3 Subpoenas in Hunt for Missing Millions

18.6.2020
The U.S. District Court of Georgia has denied a subpoena request by the exchange's parent firm as it tries to track down a missing $850 million

Russia’s Ministry of Justice Latest to Criticize Proposed Crypto Ban

18.6.2020
Russia's Ministry of Justice is the latest government authority to oppose a proposed crypto ban, seeing inconsistencies in the bill's stipulations

Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange

18.6.2020
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam

‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law

18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution. The comments came after another government ministry spoke out against...

Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?

18.6.2020
CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation?

Binance Joins Indian Tech Association That Helped Overturn Crypto Banking Ban

18.6.2020
Binance and the Internet and Mobile Association of India (IAMAI) say they'll work to implement industry best practices in the Indian crypto market

Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...

Binance CEO CZ Explains Why He Disabled Twitter Comments

17.6.2020
Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially

IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt

17.6.2020
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over...