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Panic Withdrawals at Indian Bank Over Alarming KYC Notice

24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....

Scammers Who Sold Coin '10x Faster Than Bitcoin' Now Jailed

24.1.2020
A South Korean court has handed the masterminds of a scamcoin scheme seven-year prison terms. Per media outlet Newsis, a court in Seoul found two men, both aged 58, guilty of fraudulently selling some USD 23 million worth of so-called “A Coin” tokens to a total of 5,696 investors. The men fronted...

Why Many Online Casinos Switch to Cryptocurrency

24.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ The first every cryptocurrency is now a decade old, and in those ten years Bitcoin has not only become a universal way to acquire services and goods both offline and online, but it...

Suspected Bitcoin Launderer Vinnik Extradited to France

24.1.2020
Alexander Vinnik. Source: a video screenshot, Youtube, Kostas Koukoumakas Russian bitcoin laundering suspect Alexander Vinnik is now in France, confirmed his lawyer Zoe Konstantopoulou. He was extradited following a ruling by the Greek Council of State, published on Thursday, according to local...

Bitcoin and Altcoins Turning Bearish

24.1.2020
In the past few sessions, bitcoin price saw an increase in selling pressure below USD 8,650. As a result, BTC/USD declined further and traded below the key USD 8,550 and USD 8,500 support levels. It seems like the price is likely to extend its decline towards USD 8,000 or USD 7,850 in the near...

XRP Unmoved, as Brad Garlinghouse Discusses Ripple's IPO Once Again

24.1.2020
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg XRP remains unmoved as the market once again has been hit with speculations about Ripple's initial public offering (IPO). At pixel time (08:58 UTC), XRP, ranked 3rd by market capitalization, trades at c. USD 0.22 and is down almost...

What Is the Ideal Block Size and Fee Cost?

24.1.2020
Many of the debates around block size in Bitcoin operate under the false premise that the question can even be properly answered by a central authority. But markets are better at deciding these questions and block sizes and fee costs should be worked out by miners and users, not development...

Best Cryptocurrencies to Buy Things With

24.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ Cryptocurrencies have been all over the news lately. This is largely due to their wild price fluctuations. However, what seems to be forgotten amongst all the talk of all-time highs...

Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

24.1.2020
Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot...

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