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Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
What’s Next for Crypto Crime in 2020?
12.2.2020
As the crypto market grows, there is an increased focus on a crime carried out using digital currencies. In the last few years, cryptocurrencies have broken out of the ‘currency of the criminals’ mold and been widely adopted. Eighteen percent of all Americans and 35 percent of all millennial...
Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices
12.2.2020
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than...
Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month
12.2.2020
2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital...
Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany
12.2.2020
European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German...
Users of Bitcoin.com Exchange Can Win Rewards Worth $25,000 in Gocrypto Trading Competition
12.2.2020
Gocrypto enables businesses with physical or online stores to accept instant crypto payments from different digital wallets with millions of users. To help introduce the SLP token to even more users, Bitcoin.com Exchange is hosting a trading competition where you can win rewards worth $25,000...
Crypto Crime Doubled in 2019, but Still Under 1% of Transactions
12.2.2020
Crypto darknet proves resilience accounting for around 1% of transactions, as governments may look to tighten the leash
Crypto Is ‘Hot’ Right Now as Traders Explain Price Moves
11.2.2020
CNBC crypto trader BigCheds and analyst CryptoWendyO explain rationale for recent crypto market price moves
How to Red Flag Scams: Bitcoin Doubler Club, Cryptomia247, Mining Cheap, Orelex, and Wintrust
11.2.2020
Last week’s news.Bitcoin.com post warning about common bitcoin scams like “The Bitcoin Code” elicited a plethora of comments and suggestions from readers, asking about and reporting other platforms and services claiming to provide bitcoin investment opportunities. This article...
US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors
11.2.2020
Michael Ackerman and unnamed business partners allegedly defrauded investors of $33M in a crypto-trading scheme targeting doctors
Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace
11.2.2020
Banks who ignore crypto could be setting themselves up for trouble in more ways than one
Crypto News Roundup for Feb. 11, 2020
11.2.2020
With bitcoin dropping below recent highs of $10,000, Markets Daily is back with a slow-day news round-up
Crypto Exchange CEO Given Suspended Jail Term after Appeal Fails
11.2.2020
An appeals court in South Korea has upheld a guilty verdict for the CEO of crypto exchange CoinNest. He and two executives were handed a suspended jail sentence.
The exchange, once the country’s third-largest, shut down last year after its Kim Ik-hwan and two senior executives identified only...
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
11.2.2020
The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts...
BitPay Launches In-Store Crypto Payments With New POS Partnership
11.2.2020
The crypto payments provider is now taking its service into bricks-and-mortar stores with a new point-of-sale partnership
Coinbase Expands Crypto Offerings to New York Residents; Adds ZCash and USDC
11.2.2020
Global crypto trading platform Coinbase, on Tuesday, made two new tokens, ZCash and USDC available for New York residents. The New Yorkers can now access these tokens via the Coinbase website or Coinbase mobile application that is available on both, Android and iOS. Zcash ($ZEC) is now available...
Gemini: Redefining Rules-based Crypto Marketplace
11.2.2020
One of the most dominating skepticism around the cryptocurrency exchanges is their deregulated nature, which essentially means there is no regulatory authority presiding over to check, rectify, or alert the investors. This makes people investing in cryptocurrency exchanges vulnerable to fraud...
Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March
11.2.2020
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with...
Trump’s New Budget Would Have Secret Service Investigate Crypto Crimes
11.2.2020
President Trumps’ new budget for 2021 claims a consolidated Treasury and Secret Service will be more efficient in tackling cryptocurrency-enabled crime
Binance Announces Addition of Eight New Crypto Assets to the Convert Function
11.2.2020
World’s leading crypto exchange announced on Tuesday that it has added eight new crypto assets to the convert function, which means that these cryptocurrencies can now be converted to the other ones. This will improve the flexibility for traders, especially those who prefer trading as per market...