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Light Wallet by SimpleHold: a Complete Guide to Know About It
21.9.2021
There are different types of crypto wallets, including hardware, paper, web, mobile, etc. Each of them has its own peculiarities and benefits. However, here we will talk about light wallets, which make interaction with your crypto assets much easier. Let’s take a look at their most important...
60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week
21.9.2021
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce...
Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan
21.9.2021
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip...
Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines
21.9.2021
A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four...
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
20.9.2021
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S....
Following SEC notice, Coinbase abandons plan for crypto lending program
20.9.2021
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market
FTX crypto exchange expands to Bahamas with new registration
20.9.2021
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
The Crypto Staking Tax Dilemma: Are Tax Agencies Taking the Right Approach?
20.9.2021
Staking has become one of the most popular ways to earn a passive interest in the growing crypto ecosystem. However, regulators are now catching up, with the likes of the U.S Securities Exchange Commission (SEC) and Internal Revenue Service (IRS) narrowing down to Decentralized Finance (DeFi)...
Avalanche (AVAX) Faces Resistance Near Its All-Time High!
20.9.2021
With its decisive price action and buying sentiment even after the fall on September 07, Avalanche has made a historical attempt for the fastest entry into the top 11 cryptocurrencies in less than two weeks. Despite a sharp fall on the 7th, touching a fresh monthly low of $30.50, buyers rushed...
MDEX Partners with X World Games
20.9.2021
MDEX has entered into a collaboration with X World Games to launch the joint event of staking on the MDEX platform on 18th September according to MDEX Review reports. X World Games is a renowned blockchain-based gaming platform that seeks to make non-crypto gamers engage in blockchain gaming...
Crypto.com expands insurance program to cover $750M
20.9.2021
The insurance policy is one of the largest in the cryptocurrency industry, reflecting heightened demand for consumer protection
NYX Professional and Rebecca Minkoff Join Crypto Fashion Week
20.9.2021
In its second season, Crypto Fashion Week with NFTs saw big names joining the bandwagon as major brand partners. Minting as an NFT, NYX Professional Makeup served the first of its makeup looks that set the tempo going. It is the official beauty partner for the event that is set to take place...
Cryptocurrency Is Picking up Steam in Small Cities in India: Report
20.9.2021
Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only...
Russian Court Confirms Arrest Warrants for 3 Finiko Founders
20.9.2021
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi...
Ex-Head оf Wex Crypto Exchange Reportedly Arrested in Poland, Faces Extradition to Kazakhstan
20.9.2021
Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud related to the now defunct trading platform, successor of the infamous BTC-e exchange. Former...
AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency
19.9.2021
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto...
Bitcoin 'heavy breakout' fractal suggests BTC price can hit $250-$350K in 2021
19.9.2021
The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%
US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison
19.9.2021
The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 million. The Department of Justice (DOJ) said that he “engaged in a scheme to steal assets”...
Ukraine Officials Fail to Account for Millions in Declared Crypto Assets
19.9.2021
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses...