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New Asian Crypto Behemoth Blessed But Merger Delayed


Japanese regulators have given their approval to a proposed merger between chat app giant Line and the Softbank-backed Yahoo Japan. Per multiple media outlets, including Fn News, the Japan Fair Trade Commission, the government body responsible for regulating economic competition in the country...

Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report


People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...

New USD 110m for Crypto Startups, Crypto.com Swap Fuels MCO + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news Early-stage venture firm Electric Capital said it raised USD 110m for Seed and Series A fund, focused on cryptonetworks...

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors


Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...

India Proposes Amnesty for Citizens Holding Unreported Gold


The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...

Putin Signs Law Giving Cryptocurrency Legal Status in Russia


Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...

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