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Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million
22.5.2019
Brazillian police have arrested ten people suspected of operating a cryptocurrency pyramid scheme worth 850 million reals ($210 million)
Hackers Steal $100,000+ Worth of BTC From Engineering Manager at Crypto Custodian BitGo
22.5.2019
The engineering manager at cryptocurrency custodian BitGo, Sean Coonce, has fallen victim to a SIM swapping hack with a loss of over $100,000
Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits
22.5.2019
BlockFi is almost halving the interest rate it offers on ether deposits from June 1, while the rate on larger bitcoin deposits will go up slightly
Circle Sheds 10% of Workforce as CEO Blames Restrictive US Regulatory Climate
22.5.2019
Circle CEO Jeremy Allaire says that regulations are to blame for Circle staff cuts
Blockstream CSO Samson Mow Says Bitcoin Wasn’t Meant To Be Fast, As It Had To Be Reliable
22.5.2019
Bitcoin has been one of the most popular debate topics since its inception in 2019. The world has been divided by various opinions of the ultimate cryptocurrency. However, Samson Mow’s recent comments of Bitcoin has triggered another controversy. During a television interview, Mow said that...
Bitcoin Gold (BTG) Price Analysis: Why There Is So Less Talk About Bitcoin Gold?
22.5.2019
The last update announced by BTG community is its update of Bitcoin Gold Core v0.17.1 version. Since then, there is no update regarding BTG. According to the crypto enthusiasts, BTG community is very inactive, and this can probably hamper its future prices. There is no noticeable price hike noticed...
Bitcoin and Altcoins Trading Sideways, BNB and BSV Outperformed
22.5.2019
There were mostly range moves in bitcoin price below the USD 8,000 resistance level. BTC/USD made a couple of attempts to gain strength above the USD 8,000 and USD 8,050 resistance levels, but it mostly struggled. It is currently (08:00 UTC) consolidating above the USD 7,820 and USD 7,700 support...
Traders Accused of Illegally Collecting $56 Million in Bitcoin for Loan Scheme
22.5.2019
Two OTC traders in China have been accused of illegally soliciting over 7,000 bitcoin in deposits for a supposed loan offering
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
OKCoin Partners up With Prime Trust Co to Launch Prime Trust as USD payment channel
22.5.2019
On May 20, 2019, OKCoin announced via the social media of Twitter that it will be collaborating with Prime Trust Co, a Blockchain driven trust company to Launch Prime Trust as a new USD payment channel. According to the tweet, OKCoin users outside the United States will now be able to deposit...
Central Bank of Laos Issues Warning Against Using Cryptocurrency
22.5.2019
Laos’ central bank has warned financial market participants against accepting, buying or selling cryptocurrency
Firefox Quantum Offers Anti-Cryptojacking Feature
22.5.2019
Firefox Quantum has an opt-in cryptojacking protection feature
Study: Bitcoin Derivatives Exchanges Register Record Trading Volumes
22.5.2019
Per Diar’s recent report, institutional traders have registered record high volumes on bitcoin derivatives exchanges
Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction
21.5.2019
Bitfinex and Tether lawyers move to dismiss case versus the New York Attorney General, arguing that purported location and subject matter for jurisdiction is wrong
BlockFi Crypto Management Firm Adjusts Interest Rates
21.5.2019
BlockFi asset management has adjusted interest rates for accounts holding bitcoin and ether
Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
21.5.2019
A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty
21.5.2019
The CEO of CIrcle, Jeremy Allaire, says that existing law is inadequate in addressing cryptocurrencies
Crypto Custody Firm Ledger Vault to Provide Services to Crypto Broker Voyager Digital
21.5.2019
Canadian cryptocurrency broker Voyager Digital will use the services provided by Ledger Vault, the custody arm of French hardware wallet manufacturer Ledger
Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia
21.5.2019
On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made...
Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud
21.5.2019
A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme