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PlusToken Ponzi Scheme Moves USD 100 Million Worth of Ethereum


After reporting that an alleged Ponzi scheme may still dump at least USD 243 million worth of crypto on the market, their Ethereum (ETH) seems to be on the move. China-based PlusToken, deemed a scam by local and foreign media, as well as the crypto community at large, seems to have moved...

A Better Alternative to Banking – Club Swan


The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...

BTC 20K and ETH 790K Still Might be Dumped on the Market By PlusToken


At least BTC 20,000 (USD 138 million) and ETH 790,000 (USD 104 million) are still waiting to be dumped on the market by the criminals from the "one of the largest Ponzi schemes ever," PlusToken, according to Chainalysis, a U.S.-based blockchain analysis company. The researchers claim that...

Fidelity Digital Assets possibly adding ETH support


CoinMarketCap Daily Newsletter Your daily newsletter for 16 December, 2019 “Peace begins with a smile.” - Mother Theresa In today's newsletter, we will be covering: Chinese courts using blockchain technology to settle cases Tether sponsoring new version of Bitcoin tokenization layer...

Croatian Post Now Offers Crypto Exchange Service at 55 Branches


Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...

NY Regulator Proposes Relaxing New Coin Listing Requirements


The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun


On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...

CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto


On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...

Ethereum (ETH) May Have a Bullish Crossover; Hints at Reversal of the Trend


Ethereum started the trading at $150.97, in the last trading month of 2019. Currently, ETH against USD is trading at $146.93. The king of altcoins—Ethereum has been trading with more volatility as compared to other altcoins in the global crypto market. In the past two days, Ethereum has even...

While Markets Move Sideways, Crypto Whale Sightings Increase


While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder...

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