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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year


On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...

US and European Regulators Say Crypto a Priority This Year


Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus...

Eastern Europe Sees More Fiat Options for Trading Crypto


The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...

Crypto-backed Loans: How Nexo is Leading the Racea


The concept of cryptocurrency powered by blockchain technology has led to the evolution of a new financial ecosystem across the globe. You can make transactions using cryptocurrencies, use digital coins in cryptocurrency exchanges for various investment purposes, and even get loans against your...

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District


Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...

Crypto World: A Brief Overview of 2019


The cryptocurrencies marked a fruitful 2019 for the traders as well as the entrepreneurs who have just stepped into the dynamic world. For some, the trading world couldn’t turn out as expected because the market reflected upsurge for only the first two quarters; for others, the things were another...

Independent Report Declares News.Bitcoin.com the Top Crypto News Site


A new research report from BTC Peers has ranked 145 crypto news websites for quality. It analyzes scores of benchmarks including average visit duration, bounce rate, and number of backlinks. The report features the usual suspects in its top 10, including Coindesk at number three and Cointelegraph...

Crypto 2020: Staking Market Growth and Dangers


Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users. At the same time, the number of proof-of-stake...

EU Countries Commence Crypto Regulations as Mandated by New Directive


The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs...

Dethronement, Maintenance, Breakup and 20 Crypto Jokes


This week saw BTC rally above USD 8K, while altcoins dropped, and BitPay CCO said that BTC will surpass USD 20K, but with a surprise. While more altcoins are expected to be integrated by mining pools, the ousted co-founder of Bitmain made a legal move to dethrone Jihan Wu. Telegram confirmed that...

Elon Musk Continues to Tickle the Crypto Market, This Time Its Bitcoin


Tesla and SpaceX chief Elon Musk has been among the top established names of the world who support cryptocurrencies, and he has explicitly shown support for the crypto industry on many occasions. However, we all know that Elon loves to play with his tweets, and crypto is no exception. On Friday...

Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone


South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...

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