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FATF Decides to Tighten Crypto Regulation - Report


Marshall Billingslea, the President of the FATF. Source: Twitter, the FATF The Financial Action Task Force (FATF), a multi-government body, told governments to tighten oversight of cryptocurrency exchanges to stop digital coins being used to launder cash, Reuters reported, citing a statement...

The CEO of QuadrigaCX Fraudulently Used Customers Funds, Says Report


QuadrigaCX, the controversial cryptocurrency exchange of Canada, has again got trapped into another storm of fire. It is found they have been using the ‘user’s cryptocurrency deposited in the exchange miss-appropriately. It seems the exchange has failed to maintain the simple business...

Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries


Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...

Bitmain Launches Low-Cost Special Edition Antminer S9


On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...

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